Seller's Agent in 2023
Paul Sarkissian
So-Cal Realty
(310) 892-7285
1 in this area
20 Total Sales
1180 Central Ave Riverside, CA 92507
Canyon Crest Neighborhood
15
Beds
12
Baths
7,831
Sq Ft
0.32
Acres
Highlights
- Golf Course Community
- Laundry Room
- Bike Trail
About This Home
As of December 2023Rare Opportunity to own this Multi Family in Riverside. First time in market in almost 50 years. Strategic location. Close to UC Riverside, shopping centers, restaurants & adjacent to Canyon Crest Country Club Course with exceptional views form 5 of 7 units. Most recent renovations are as follows: New landscaping, Newer water heater, New gas lines ( 5 months ago ), Newer roof ( welded down ), 3 of 7 units recently renovated, New paintings of moldings, frames, doors, fences, balconies, railings and parking resealed and painted completely.
Last Agent to Sell the Property
So-Cal Realty License #01452059 Listed on: 08/23/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1975
Lot Details
- 0.32 Acre Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Parking
- 7 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Apartment
- Entry on the 2nd floor
Interior Spaces
- 7,831 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 15 Bedrooms
- 12 Bathrooms
Listing and Financial Details
- Tax Lot 54
- Tax Tract Number 3164
- Assessor Parcel Number 254162008
- $291 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 7 Units
Recreation
- Golf Course Community
- Bike Trail
Building Details
- 5 Leased Units
- Rent Control
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- Electric Expense $689
- Fuel Expense $5,000
- Insurance Expense $4,488
- Professional Management Expense $8,636
- Trash Expense $2,588
- Water Sewer Expense $1,398
- Operating Expense $22,799
- Gross Income $160,037
- Net Operating Income $107,429
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/27/2023 12/27/23 | Sold | $2,205,000 | -11.6% | $282 / Sq Ft |
| 11/06/2023 11/06/23 | Price Changed | $2,495,000 | -3.9% | $319 / Sq Ft |
| 10/19/2023 10/19/23 | Price Changed | $2,595,000 | -3.7% | $331 / Sq Ft |
| 09/27/2023 09/27/23 | Price Changed | $2,695,000 | -6.9% | $344 / Sq Ft |
| 08/23/2023 08/23/23 | For Sale | $2,895,000 | 0.0% | $370 / Sq Ft |
| 05/20/2019 05/20/19 | Rented | $1,800 | 0.0% | -- |
| 04/30/2019 04/30/19 | For Rent | $1,800 | 0.0% | -- |
| 04/29/2019 04/29/19 | Off Market | $1,800 | -- | -- |
| 04/18/2019 04/18/19 | For Rent | $1,800 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $24,422 | $2,249,100 | $714,000 | $1,535,100 |
| 2023 | $24,422 | $300,573 | $238,705 | $61,868 |
| 2022 | $3,569 | $294,680 | $234,025 | $60,655 |
| 2021 | $3,530 | $288,903 | $229,437 | $59,466 |
| 2020 | $3,505 | $285,942 | $227,085 | $58,857 |
| 2019 | $3,443 | $280,336 | $222,633 | $57,703 |
| 2018 | $3,379 | $274,840 | $218,267 | $56,573 |
| 2017 | $3,323 | $269,452 | $213,988 | $55,464 |
| 2016 | $3,124 | $264,170 | $209,793 | $54,377 |
| 2015 | $3,079 | $260,204 | $206,643 | $53,561 |
| 2014 | $3,049 | $255,110 | $202,597 | $52,513 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Sarkissian
-
NoEmail NoEmail
N
Buyer's Agent in 2023
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
1 in this area
6,290 Total Sales
-
M
Seller's Agent in 2019
Maria Johnson
BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: GD23158084
APN: 254-162-008
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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