$1,050,000

Estimated payment $5,768/month

Total Views 9,666
7 Beds
4 Baths
2,573 Sq Ft
$408 Price per Sq Ft

Highlights

  • Cooling System Mounted To A Wall/Window
  • Horse Trails
  • 1-Story Property
  • Laundry Room

About This Home

Subject To, Fully Licensed, Completely Vacant, State Approved ready for New Owner RCFE! Brand New RCFE Opportunity La Sierra Area of Riverside amazing located between Riverside, Corona, and Norco. Two winning paths—Investor or RCFE. Riverside triplex on an approx. 16,000± sf lot offering flexibility and scale: (2) 3-bed units + (1) 1-bed unit. Path A: Conventional investment—clean value with market rent potential reported by seller of $3,300 / $2,900 / $1,750 ( $95,400/yr GSI). Path B: RCFE use (THINK BIG)—property has recent RCFE state approval and is positioned for a buyer who wants to operate a Residential Care Facility for the Elderly (business use). Licenses are not transferable; however, Seller is willing to cooperate with in working with buyer so clients can be placed Day 1 after closing. Strong lot, multiple configurations, and a location convenient to services. Choose your lane: keep it as a solid income property or leverage the RCFE playbook and accelerate your launch. Buyer to verify all figures, permits, zoning/use, and licensing with appropriate agencies. Again, best part is that you do not need to get a new loan we can keep existing loan in place. This is not a flip. This is a long-game play for operators ready to launch or expand with licensing advantages already in motion.
Selling Party is a licensed RCFE administrator and can assist with licensing support.
Showings by appointment only. Please do not visit property without first contacting

Listing Agent

Emmanuel Gamboa

Exclusive Realty Associates Brokerage Phone: 310-800-2733 License #02041836 Listed on: 07/09/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 0.37 Acre Lot
  • 1 Common Wall
  • Rural Setting
  • Density is up to 1 Unit/Acre

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 2,573 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer

Additional Features

  • Exterior Lighting
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 9175
  • Assessor Parcel Number 149190008

Community Details

Overview

  • 2 Buildings
  • 3 Units

Recreation

  • Horse Trails

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,500
  • Gardener Expense $1,800
  • Insurance Expense $3,500
  • Pest Control $900
  • Trash Expense $1,800
  • Water Sewer Expense $3,500
  • Operating Expense $14,000
  • Gross Income $92,400
  • Net Operating Income $78,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3500.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Parcel Number: 149190008
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Price Per Square Foot: 408.08

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Gas Dryer Hookup, Inside, Washer Hookup, Washer Included
  • Pest Control Expense: 900.00
  • Sewer: Public Sewer
  • Trash Expense: 1800.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Horse Trails, Rural, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 16117.00
  • Lot Size Acres: 0.3700

Multi Family

  • Average1 Bed Area: 425 Square Feet
  • Average3 Bed Area: 1074 Square Feet
  • Electric Expense: 2500.00
  • Gross Income: 92400.00
  • Gross Scheduled Income: 92400.00
  • Insurance Expense: 3500.00
  • Lot Size Area: 16117.0000 Square Feet
  • Net Operating Income: 78400.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 14000.00
  • Rent Control: No
  • Total Expenses: 14000.00

Tax Info

  • Tax Lot: 4
  • Tax Tract Number: 009175

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,381 $794,580 $239,700 $554,880
2023 $3,381 $270,903 $73,879 $197,024
2022 $3,128 $265,592 $72,431 $193,161
2021 $3,064 $260,385 $71,011 $189,374
2020 $3,014 $257,716 $70,283 $187,433
2019 $2,975 $252,663 $68,905 $183,758
2018 $2,933 $247,709 $67,555 $180,154
2017 $2,878 $242,853 $66,231 $176,622
2016 $2,831 $238,092 $64,933 $173,159
2015 $2,788 $234,517 $63,958 $170,559
2014 $2,779 $229,925 $62,706 $167,219
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2025 11/15/25 For Sale $1,050,000 0.0% $408 / Sq Ft
10/16/2025 10/16/25 Off Market $1,050,000 -- --
09/26/2025 09/26/25 Price Changed $1,050,000 +5.0% $408 / Sq Ft
09/03/2025 09/03/25 Price Changed $1,000,000 0.0% $389 / Sq Ft
09/03/2025 09/03/25 For Sale $1,000,000 -16.7% $389 / Sq Ft
08/20/2025 08/20/25 Pending -- -- --
07/26/2025 07/26/25 Price Changed $1,200,000 +4.3% $466 / Sq Ft
07/24/2025 07/24/25 Price Changed $1,150,000 +10.0% $447 / Sq Ft
07/19/2025 07/19/25 Price Changed $1,045,000 -0.5% $406 / Sq Ft
07/09/2025 07/09/25 For Sale $1,050,000 +34.8% $408 / Sq Ft
05/24/2024 05/24/24 Sold $779,000 -2.0% $318 / Sq Ft View Prior Sale
02/13/2024 02/13/24 For Sale $795,000 +2.1% $324 / Sq Ft
02/09/2024 02/09/24 Off Market $779,000 -- --
02/08/2024 02/08/24 Pending -- -- --
01/25/2024 01/25/24 Price Changed $795,000 -5.2% $324 / Sq Ft
12/21/2023 12/21/23 Price Changed $839,000 -5.6% $342 / Sq Ft
10/11/2023 10/11/23 Price Changed $889,000 -7.4% $363 / Sq Ft
09/08/2023 09/08/23 For Sale $960,000 0.0% $392 / Sq Ft
10/01/2013 10/01/13 Rented $1,150 0.0% --
09/17/2013 09/17/13 Under Contract -- -- --
08/01/2013 08/01/13 For Rent $1,150 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Grant Deed $779,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $220,000 Ticor Title Company
Grant Deed $155,000 None Available
Grant Deed -- Lsi Title Company Inc
Trustee Deed $136,000 Accommodation
Interfamily Deed Transfer -- Security Union Title Ins Co
Interfamily Deed Transfer -- Security Union Title Ins Co
Grant Deed $240,000 First American Title Co
Grant Deed $100,000 Quality Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $623,200 New Conventional
Previous Owner $300,000 Commercial
Previous Owner $224,000 Commercial
Previous Owner $195,300 Commercial
Previous Owner $86,912 FHA
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW25153863

California Regional Multiple Listing Service (CRMLS)

APN: 149-190-008