NOT LISTED FOR SALE

Estimated Value: $516,280 - $906,000

5 Beds
3 Baths
2,470 Sq Ft
$287/Sq Ft Est. Value

Last Sold September 29, 2021

Last sale price $509,000 $206 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,244/month

6 Days on Market

Highlights

  • RV Access or Parking
  • Gated Parking
  • Contemporary Architecture
  • Primary Bedroom Suite
  • City Lights View
  • Property is near a park

About This Home

As of September 2021

2159 & 2161 5th St. lie in the city of Riverside's Opportunity Zone for potential financial gains & tax benefits! Unit 1 is a 3 bed 2 bath, 1,638 sq. ft., has hardwood floors, central AC, master bedroom & bathroom, along with rear patio area access from two of the bedrooms. Unit two is a 2 bed, 1 bath, 832 sq. ft., tiled floors, small yard, and covered parking. The property laundry in each unit, includes spacious yard area for both units and lots of street parking. In the back yard, there is a large storage structure, covered patio, parking with a tall security gate. The property is in a coveted location close to schools, UC Riverside, Downtown Riverside, schools, bus routes, and the metrolink train. Very close to 60 & 91 freeway to easily navigate to LA, OC or within the IE. Live in one unit or rent out both. Front unit vacated. Vacating the back unit could be negotiated. Don't miss the opportunity to pick up a fantastic income property in an area poised for investment growth!

Last Agent to Sell the Property

Christopher Rubio

Rubio Real Estate License #01959226 Listed on: 05/13/2021

Rubio Real Estate

Co-Listed By

Zoran Grujevski

Rubio Real Estate License #02069559

Last Buyer's Agent

MELISSA ALI

CIVAR Realty Advisors License #02001509

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,884

Year Built

  • Built in 1959

Lot Details

  • 6,534 Sq Ft Lot
  • Property fronts a county road
  • No Common Walls
  • South Facing Home
  • Wrought Iron Fence
  • Brick Fence
  • Rectangular Lot
  • Private Yard
  • Lawn
  • Back and Front Yard

Property Views

  • City Lights
  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Duplex
  • Contemporary Architecture
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Slab Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,470 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Drapes & Rods
  • Wood Frame Window
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Tile Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms
  • Tile Bathroom Countertop
  • Bathtub
  • Walk-in Shower

Home Security

  • Window Bars
  • Fire and Smoke Detector

Parking

  • 2 Open Parking Spaces
  • 4 Parking Spaces
  • 2 Carport Spaces
  • Parking Available
  • Tandem Covered Parking
  • Gated Parking
  • Paved Parking
  • RV Access or Parking

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Storage

Location

  • Property is near a park
  • Property is near public transit
  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 4 / 2
  • Tax Tract Number 30502
  • Assessor Parcel Number 211102004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,884

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Security: Smoke Detector(s), Window Bars
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 211102004
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2470.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Unfurnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Eating Area: Area, In Living Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 206.07
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bedroom, Master Suite
  • Window Features: Drapes, Wood Frames
  • Bathroom Features: Bathtub, Shower, Tile Counters
  • Room Kitchen Features: Butler's Pantry, Tile Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Foundation: Raised, Slab
  • Other Structures: Storage
  • View: City Lights, Hills, Mountain(s), Neighborhood
  • Fence: Yes
  • Fencing: Brick, Wrought Iron
  • Patio And Porch Features: Covered, Patio, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport, Concrete, Gated, RV Access/Parking, Tandem Covered
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Gas Cooktop, Range Hood, Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Riverside Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn, Rectangular Lot, Near Public Transit, Park Nearby, Yard
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6534.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 2
  • Tax Lot: 4
  • Tax Tract Number: 030502

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2025
Sold by
Orozco Lizbeth
Bought by
Penguin Living Trust and Orozco
Current Estimated Value
$708,070

Purchase Details

Listed on
May 13, 2021
Closed on
Sep 27, 2021
Sold by
Solomon Wade and Solomon Amy
Bought by
Orozco Lizbeth
Seller's Agent
Christopher Rubio
Rubio Real Estate
Buyer's Agent
MELISSA ALI
CIVAR Realty Advisors
List Price
$449,998
Sold Price
$509,000
Premium/Discount to List
$59,002
13.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.58%

Purchase Details

Closed on
May 27, 2021
Sold by
Orozco Miguel
Bought by
Orozco Lizbeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,200
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2021
Sold by
Solomo Wade and Solomo Amy
Bought by
Orozco Lizbeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,200
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Solomon Wade and Solomon Amy

Purchase Details

Closed on
May 27, 2010
Sold by
Zenilt Noe and Ocampo Guadalupe
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Dec 26, 2006
Sold by
Zenilt Noe and Ocampo Guadalupe
Bought by
Zenilt Noe and Ocampo Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,000
Interest Rate
6.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 21, 2004
Sold by
Esparza Amalia
Bought by
Zenil Noe and Ocampos Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
6.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 1, 2004
Sold by
Chavez Christina M and Chavez Delia Christina
Bought by
Esparza Amalia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 1998
Sold by
Chavez Christina and Chavez Delia C
Bought by
Christina M Chavez Revocable Trust and Delia Christina Chavez Revocable Trust

Purchase Details

Closed on
Jul 31, 1996
Sold by
Bermudez Sophia and Chavez Christina
Bought by
Bermudez Sophia and Chavez Christina

Purchase Details

Closed on
Jul 19, 1993
Sold by
Nevarez Margaret B
Bought by
Nevarez Margaret B and Bermudez Sophia
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Penguin Living Trust -- None Listed On Document
Orozco Lizbeth $509,000 Wfg Title Company
Orozco Lizbeth -- Wfg National Title
Orozco Lizbeth $509,000 Wfg National Title Co Of Ca
Solomon Wade $145,500 Stewart Title
Federal Home Loan Mortgage Corporation $160,000 Accommodation
Zenilt Noe -- First American Title Company
Zenil Noe $360,000 Orange Coast Title
Esparza Amalia $275,000 First American Title Co
Christina M Chavez Revocable Trust -- --
Bermudez Sophia -- --
Bermudez Sophia -- --
Nevarez Margaret B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Orozco Lizbeth $407,200
Previous Owner Zenilt Noe $343,000
Previous Owner Zenil Noe $324,000
Previous Owner Esparza Amalia $247,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2021 09/29/21 Sold $509,000 +13.1% $206 / Sq Ft
09/14/2021 09/14/21 Price Changed $449,998 0.0% $182 / Sq Ft
05/19/2021 05/19/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $449,998 -- $182 / 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 $5,884 $540,152 $134,772 $405,380
2023 $5,884 $519,180 $129,540 $389,640
2022 $5,727 $509,000 $127,000 $382,000
2021 $1,997 $171,612 $41,421 $130,191
2020 $1,983 $169,854 $40,997 $128,857
2019 $1,946 $166,525 $40,194 $126,331
2018 $1,909 $163,260 $39,406 $123,854
2017 $1,876 $160,060 $38,634 $121,426
2016 $1,758 $156,923 $37,877 $119,046
2015 $1,733 $154,567 $37,309 $117,258
2014 $1,717 $151,541 $36,579 $114,962
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21102151

California Regional Multiple Listing Service (CRMLS)

APN: 211-102-004