Seller's Agent in 2020
Anthony Tafesh
PINNACLE REAL ESTATE GROUP
(626) 964-5500
2 in this area
82 Total Sales
1767 Loma Vista St Riverside, CA 92507
Eastside NeighborhoodEstimated Value: $807,230 - $1,086,000
5
Beds
4
Baths
2,800
Sq Ft
$332/Sq Ft
Est. Value
Highlights
- Property is near a park
- Neighborhood Views
- Cooling System Mounted To A Wall/Window
- No HOA
- Cul-De-Sac
- Living Room
About This Home
As of September 2020Looking to take a dip into investment property ownership? Or maybe you’re ready to further
expand your already-existing portfolio. Either way, this single-story 4-unit property in popular
Riverside is the perfect opportunity. Conveniently located, tenants at this property enjoy being
walking distance to the University of California – Riverside as well as all the shopping, dining,
entertainment and amenities offered in the bustling downtown area. This investment property
sits right on a quiet cul-de-sac, offering a peaceful lifestyle ideal for tenants.
The largest unit offers two bedrooms and one bath, while the remaining three have a single
bedroom and bathroom. Making it easy to jump right into this income opportunity, all four
units already have tenants so there’s no need to immediately fill a lease. Additionally, each unit
includes its own covered parking space. On the backside of the building there is even more
room for expanded opportunities. The large and gated back area could house additional units
or even an expansion of the current units – the possibilities for multiplying your ROI are
endless. Now is the perfect time to own an investment property and this one is sure to go
quickly. Don’t miss your chance!
Last Agent to Sell the Property
PINNACLE REAL ESTATE GROUP License #02053014 Listed on: 08/16/2020
Last Buyer's Agent
PINNACLE REAL ESTATE GROUP License #02053014 Listed on: 08/16/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,426
Year Built
- Built in 1954
Lot Details
- 9,583 Sq Ft Lot
- No Common Walls
- Cul-De-Sac
- Fenced
- Fence is in average condition
Home Design
- Shingle Roof
Interior Spaces
- 2,800 Sq Ft Home
- 1-Story Property
- Entryway
- Living Room
- Tile Flooring
- Neighborhood Views
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Parking
- 4 Parking Spaces
- 4 Attached Carport Spaces
- Parking Available
- Shared Driveway
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Natural Gas Connected
- Cable TV Available
Additional Features
- Exterior Lighting
- Property is near a park
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 3
- Assessor Parcel Number 211161015
Community Details
Overview
- No Home Owners Association
- 4 Units
Recreation
- Park
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,200
- Trash Expense $900
- Water Sewer Expense $960
- Operating Expense $1,860
- Gross Income $42,900
- Net Operating Income $39,840
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 11, 2022
Sold by
Golden Opportunity No 28 Lp
Bought by
Cobra 28 No 5 Lp
Current Estimated Value
Purchase Details
Listed on
Aug 16, 2020
Closed on
Aug 28, 2020
Sold by
Salazar Carlos H
Bought by
Golden Opportunity No 28 Lp
Seller's Agent
Anthony Tafesh
PINNACLE REAL ESTATE GROUP
Buyer's Agent
Anthony Tafesh
PINNACLE REAL ESTATE GROUP
List Price
$599,900
Sold Price
$625,000
Premium/Discount to List
$25,100
4.18%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.86%
Original Mortgage
$625,000
Interest Rate
3%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 24, 1997
Sold by
Vanantwerp Evan J
Bought by
Salazar Carlos H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,900
Interest Rate
7.45%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 22, 1995
Sold by
Vanantwerp Evan J
Bought by
City Of Riverside
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cobra 28 No 5 Lp | -- | None Listed On Document | |
| Golden Opportunity No 28 Lp | $625,000 | Wfg National Title Co | |
| Salazar Carlos H | $91,000 | -- | |
| City Of Riverside | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Golden Opportunity No 28 Lp | $625,000 | |
| Previous Owner | Salazar Carlos H | $90,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/04/2020 09/04/20 | Sold | $625,000 | +4.2% | $223 / Sq Ft |
| 08/17/2020 08/17/20 | Pending | -- | -- | -- |
| 08/16/2020 08/16/20 | For Sale | $599,900 | -- | $214 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $7,426 | $676,520 | $135,304 | $541,216 |
| 2023 | $7,426 | $650,250 | $130,050 | $520,200 |
| 2022 | $7,259 | $637,500 | $127,500 | $510,000 |
| 2021 | $7,156 | $625,000 | $125,000 | $500,000 |
| 2020 | $1,802 | $132,832 | $75,907 | $56,925 |
| 2019 | $1,772 | $130,228 | $74,419 | $55,809 |
| 2018 | $1,742 | $127,675 | $72,960 | $54,715 |
| 2017 | $1,715 | $125,173 | $71,530 | $53,643 |
| 2016 | $1,623 | $122,720 | $70,128 | $52,592 |
| 2015 | $1,601 | $120,879 | $69,076 | $51,803 |
| 2014 | $1,586 | $118,514 | $67,724 | $50,790 |
Source: Public Records
Agents Affiliated with this Home
-
Anthony Tafesh
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV20166388
APN: 211-161-015
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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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