17305 Sage Ave Riverside, CA 92504
Estimated payment $12,708/month
Highlights
- 1.95 Acre Lot
- No HOA
- Central Air
- Frank Augustus Miller Middle School Rated A-
- Laundry Room
- No Heating
About This Home
Investment Opportunity: Five Houses on Expansive 1.95 Acres. This unique investment opportunity features five well-maintained houses in the sought-after Woodcrest area of Riverside. These properties offer excellent income potential and are ideal for both seasoned investors and Multi-family living arrangements. Main House was Built in 2007 with 3,046 square feet, upgraded amenities including an extra-large game room, covered patio, and high ceilings, large kitchen with ample cabinet space, granite countertops, and tile flooring throughout, spacious bedrooms, separate dining area, and three full bathrooms, four-car garage. Additional Houses, each rental unit offers privacy with separate driveways and entrances currently all occupied except one, providing immediate rental income. Other Property Highlights, large unused space for additional units, horses, agriculture, parking rental, or other uses, several fruit trees as Orange, Guava, Bananas, lemon and others. Convenient location close to schools and amenities,
These five houses on a single lot present a rare investment opportunity with multiple income streams. Whether you are an experienced investor or looking to make your first investment, this property offers flexibility and potential for growth. Don't miss out on the chance to see it for yourself!
Listing Agent
HERITAGE HOME REALTY Brokerage Phone: 951-757-0183 License #01314942 Listed on: 03/03/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2007
Lot Details
- 1.95 Acre Lot
- No Common Walls
- Back Yard
- Density is 2-5 Units/Acre
Parking
- 2 Car Garage
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 6,056 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 12 Bedrooms
- 8 Bathrooms
Laundry
- Laundry Room
- Gas And Electric Dryer Hookup
Utilities
- Central Air
- No Heating
- Conventional Septic
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 38
- Tax Tract Number 4
- Assessor Parcel Number 274060005
- $85 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 5 Buildings
- 5 Units
- Valley
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $8,216
- Trash Expense $864
- Water Sewer Expense $2,000
- New Taxes Expense $33,127
- Operating Expense $51,827
- Gross Income $152,400
- Net Operating Income $100,573
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,173 | $667,687 | $275,167 | $392,520 |
| 2023 | $7,173 | $641,762 | $264,483 | $377,279 |
| 2022 | $6,979 | $629,180 | $259,298 | $369,882 |
| 2021 | $6,854 | $616,844 | $254,214 | $362,630 |
| 2020 | $6,801 | $610,520 | $251,608 | $358,912 |
| 2019 | $6,670 | $598,550 | $246,675 | $351,875 |
| 2018 | $6,536 | $586,815 | $241,840 | $344,975 |
| 2017 | $6,417 | $575,310 | $237,099 | $338,211 |
| 2016 | $6,000 | $564,030 | $232,450 | $331,580 |
| 2015 | $5,918 | $555,559 | $228,959 | $326,600 |
| 2014 | $5,861 | $544,678 | $224,475 | $320,203 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/25/2025 11/25/25 | Price Changed | $2,300,000 | -2.1% | $380 / Sq Ft |
| 11/22/2025 11/22/25 | For Sale | $2,349,000 | 0.0% | $388 / Sq Ft |
| 10/22/2025 10/22/25 | Pending | -- | -- | -- |
| 04/21/2025 04/21/25 | Price Changed | $2,349,000 | -2.1% | $388 / Sq Ft |
| 03/03/2025 03/03/25 | For Sale | $2,399,000 | -- | $396 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV25046329
APN: 274-060-005
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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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Ask me questions while you tour the home.