NOT LISTED FOR SALE
5 Beds
4 Baths
2,400 Sq Ft
1972 Built

Last Sold July 07, 2017

Last sale price $460,000 $192 Per Sq Ft

311 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Wall Furnace

About This Home

As of July 2017

Priced Reduced!! Seller Motivated!! These 3 Fourplexes for sale are lowest priced Fourplexes in all of Riverside. Super clean fourplex in the great area of Highgrove on a corner lot. Great unit mix with one 2 bed 1 bath and three 1 bed 1 bath. Each unit has a single car garage. Separate utilities and low maintenance. Most of the units have undergone full upgrades throughout the owners tenure. Built in 1972, this property is located right off the 215 freeway in a growing area that is undergoing tons of redevelopment. Easy to rent, manage, and maintain.

Can be sold with 421 & 427 Devener if an investor would like to own three fourplex buildings on a cul-de-sac street.

Last Agent to Sell the Property

Chad Williams

Hackett Williams, Broker License #01349225 Listed on: 06/15/2016

Last Buyer's Agent

MARTHA BARETE

EVER HOME REALTY License #01337889

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 7,481 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 1 Open Parking Space
  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 2,400 Sq Ft Home
  • Property Attached
  • Slab Foundation
  • Composition Roof
  • Stucco

Kitchen

  • Gas Oven
  • Gas Cooktop

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Utilities

  • Wall Furnace
  • Gas Water Heater
  • Conventional Septic

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 2
  • Assessor Parcel Number 247081011

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,875

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 247081011
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile, Vinyl
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 191.67

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater
  • Heating Type: Wall Furnace
  • Sewer: Conventional Septic
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7481.00
  • Price Per Lot Square Foot: 64.83

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 2875.00
  • Gross Scheduled Income: 34500.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Rent Control: No

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: /

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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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2017 07/07/17 Sold $460,000 0.0% $192 / Sq Ft
04/22/2017 04/22/17 Pending -- -- --
11/28/2016 11/28/16 Price Changed $460,000 0.0% $192 / Sq Ft
11/28/2016 11/28/16 For Sale $460,000 0.0% $192 / Sq Ft
11/18/2016 11/18/16 Off Market $460,000 -- --
07/10/2016 07/10/16 Price Changed $485,000 -5.8% $202 / Sq Ft
06/15/2016 06/15/16 For Sale $515,000 -- $215 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

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 $7,725 $705,702 $196,323 $509,379
2023 $7,725 $678,300 $188,700 $489,600
2022 $5,615 $493,212 $198,357 $294,855
2021 $5,511 $483,542 $194,468 $289,074
2020 $5,469 $478,584 $192,474 $286,110
2019 $5,367 $469,200 $188,700 $280,500
2018 $7,363 $460,000 $185,000 $275,000
2017 $6,945 $432,887 $173,154 $259,733
2016 $6,536 $220,501 $73,868 $146,633
2015 $2,376 $210,000 $70,350 $139,650
2014 $2,292 $200,000 $67,000 $133,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16130040

California Regional Multiple Listing Service (CRMLS)

APN: 247-081-011