NOT LISTED FOR SALE

1845 Ohio St Riverside, CA 92507

Eastside Neighborhood
8 Beds
6 Baths
12,800 Sq Ft
0.35 Acres

Last Sold September 11, 2018

Last sale price $2,295,000 $179 Per Sq Ft

25 Days on Market

Highlights

  • No Units Above
  • Cooling System Mounted To A Wall/Window
  • 4 Attached Carport Spaces
  • 15,246 Sq Ft lot
  • Laundry Room
  • Wall Furnace

About This Home

As of September 2018

-Less than 1.25 Miles to UC Riverside Campus
-Adjacent to Desirable Canyon Crest Neighborhood
-Majority Spacious 2BR & 3BR Units
-Substantial Rental Upside
-Garages & Attractive Garden Area
-New Roof & Landscaping

Last Agent to Sell the Property

Peter Gillin

Morgan Skenderian License #01433769 Listed on: 08/06/2018

Last Buyer's Agent

Peter Gillin

Morgan Skenderian License #01433769 Listed on: 08/06/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 0.35 Acre Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Density is 16-20 Units/Acre
  • 221162018, 221162019

Parking

  • 4 Open Parking Spaces
  • 16 Car Garage
  • 4 Attached Carport Spaces
  • Parking Available

Home Design

  • Property Attached

Interior Spaces

  • 12,800 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, telephone
  • Tax Lot 062
  • Tax Tract Number 18
  • Assessor Parcel Number 221162020

Community Details

Overview

  • 4 Buildings
  • 16 Units

Amenities

  • Laundry Facilities

Building Details

  • 16 Leased Units
  • 16 Separate Electric Meters
  • 16 Separate Gas Meters
  • Gardener Expense $3,500
  • Insurance Expense $2,712
  • Maintenance Expense $13,469
  • Professional Management Expense $4,800
  • Water Sewer Expense $8,822
  • New Taxes Expense $25,717
  • Operating Expense $61,045
  • Gross Income $192,400
  • Net Operating Income $125,602

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Parking

16

Listing Details

  • Assessments: Yes
  • CapRate: 5.50
  • Professional Management Expense: 4800.00
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 8822.00
  • Zoning: R3
  • Property Type: Residential Income
  • Gardener Expense: 3500.00
  • Parcel Number: 221162020
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 179.30

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 16.00
  • Parking: Yes
  • Parking Features: Attached Carport
  • Total Parking Spaces: 24.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 221162018, 221162019
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 15246.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Telephone

Multi Family

  • Gross Income: 192400.00
  • Gross Multiplier: 11.93
  • Gross Operating Income: 186647.00
  • Gross Scheduled Income: 192400.00
  • Insurance Expense: 2712.00
  • Maintenance Expense: 13469.00
  • Maintenance Percent: 7.00
  • Net Operating Income: 125602.00
  • Number Of Separate Electric Meters: 16
  • Number Of Separate Gas Meters: 16
  • Number Of Units Leased: 16
  • Number Of Units Total: 16
  • Number With Dishwasher: 16
  • Number With Range: 16
  • Operating Expense: 61045.00
  • Operating Expense Percent: 31.70
  • Rent Control: No
  • Total Actual Rent: 15785.00
  • Total Expenses: 61045.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 25717.00
  • Tax Census Tract: 305.01
  • Tax Lot: 062
  • Tax Tract Number: 018

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/11/2018 09/11/18 Sold $2,295,000 0.0% $179 / Sq Ft
09/04/2018 09/04/18 Price Changed $2,295,000 0.0% $179 / Sq Ft
09/04/2018 09/04/18 For Sale $2,295,000 -2.3% $179 / Sq Ft
09/04/2018 09/04/18 Price Changed $2,350,000 +2.4% $184 / Sq Ft
08/31/2018 08/31/18 Pending -- -- --
08/06/2018 08/06/18 For Sale $2,295,000 +20.8% $179 / Sq Ft
09/22/2015 09/22/15 Sold $1,900,000 -5.0% $148 / Sq Ft View Prior Sale
07/19/2015 07/19/15 Pending -- -- --
06/11/2015 06/11/15 For Sale $1,999,950 -- $156 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2018

    Peter Gillin

    Morgan Skenderian

  • LARRY ROBILLARD

    Seller's Agent in 2015

    LARRY ROBILLARD

    REALTY MASTERS & ASSOCIATES

    (951) 776-5700

    95 Total Sales

    LARRY ROBILLARD
    Section Image

  • J

    Buyer's Agent in 2015

    John Whitby

    Pacific Real Estate Investment

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18189948

California Regional Multiple Listing Service (CRMLS)

APN: 221-162-020

California Riverside County Riverside 92507 Eastside

1845 Ohio St, Riverside, CA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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

Nearby Homes