NOT LISTED FOR SALE
11 Beds
6 Baths
3,790 Sq Ft
8,276 Sq Ft Lot

Last Sold August 03, 2023

Last sale price $1,550,000 $409 Per Sq Ft

18 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • Laundry Room
  • Polytechnic High School Rated A-
  • Cooling System Powered By Gas
  • 5-minute walk to Lincoln Park

About This Home

As of August 2023

Great investment Opportunity to own 6 UNITS!! Excellent location near Mission Inn Hotel & Downtown Riverside. This property is what you call a rare find. 1 unit feature 3 bedrooms 1 bathroom-----3 units feature 2 bedrooms 1 Bathroom and the other 2 units are 1 bedroom and 1 bathroom.
Each unit has its own separete address, gas meter, electric meter, washer & dryer hook up & gated parking space!!!

All units have been completely updated with all new flooring, kitchen cabinets, bathroom vanities, ac units, dual pane windows fresh paint and more. Located Near 91 and 60 freeway.

This property has two parcels
211213001 & 211213002----------211213002/ 8440 SQFT, half of this parcel is currently being used as parking lot, You can use your creativity to expand on its possibilities probably even adding another unit--Check with City.-----

PLEASE DO NOT walk onto the property or make contact with tenants-- Drive by only!!! Showing by appoitment!!!
DO NOT GO IN THE PROPERTY- YOU CAN ONLY GO IN WITH APPOINTMENT!
Listing Agent is part owner of the property!

Last Listed By

Eduardo Barillas

GREENVIEW REALTY License #02004430 Listed on: 06/28/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 8,276 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence
  • Chain Link Fence
  • Density is up to 1 Unit/Acre
  • 211213002

Home Design

  • Property Attached
  • Fire Rated Drywall
  • Shingle Roof

Interior Spaces

  • 3,790 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Fire and Smoke Detector

Kitchen

  • Gas Oven
  • Range Hood
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • Parking Available
  • Private Parking
  • Driveway Down Slope From Street
  • Parking Lot
  • Assigned Parking

Utilities

  • Cooling System Powered By Gas
  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Accessible Parking
  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tenant pays for all utilities, parking fee
  • Legal Lot and Block 6 / 4
  • Tax Tract Number 304
  • Assessor Parcel Number 211213001
  • $219 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 6 Units

Building Details

  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $900
  • Maintenance Expense $75
  • Operating Expense $900
  • Gross Income $125,700
  • Net Operating Income $125,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Other Phone Description: 626-278-7862
  • Price Per Unit: 275000
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • View: No
  • Zoning: R3
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 211213001
  • Year Built: 1945
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: From street
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Accessibility Features: Parking
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One, Two
  • Price Per Square Foot: 408.97
  • Window Features: Double Pane Windows

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Block, Drywall Walls

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Driveway, Asphalt, Driveway Down Slope From Street, Parking Space, Private

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven, Gas Water Heater, Range Hood, Water Heater
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Stackable, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Gas
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 211213002
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900
  • Latitude Manual: 33.97465300

Rental Info

  • Tenant Pays: All Utilities, Parking Fee

Multi Family

  • Gross Income: 125700.00
  • Gross Operating Income: 126600.00
  • Gross Scheduled Income: 126600.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 8276.0000 Square Feet
  • Maintenance Expense: 75.00
  • Net Operating Income: 125700.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 900.00
  • Rent Control: Yes
  • Total Expenses: 900.00

Tax Info

  • Tax Block: 4
  • Tax Census Tract: 304.00
  • Tax Lot: 6
  • Tax Tract Number: 304
  • TaxOtherAnnualAssessmentAmount: 219.00

Range of Values:

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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 Change Sq Ft Price
08/03/2023 08/03/23 Sold $1,550,000 -6.1% $409 / Sq Ft
08/01/2023 08/01/23 For Sale $1,650,000 0.0% $435 / Sq Ft
07/20/2023 07/20/23 Price Changed $1,650,000 +3.2% $435 / Sq Ft
07/16/2023 07/16/23 Pending -- -- --
07/13/2023 07/13/23 Price Changed $1,599,000 -3.1% $422 / Sq Ft
06/28/2023 06/28/23 For Sale $1,650,000 +100.0% $435 / Sq Ft
10/31/2022 10/31/22 Sold $825,000 +10.0% $218 / Sq Ft
10/03/2022 10/03/22 Pending -- -- --
09/30/2022 09/30/22 For Sale $750,000 -9.1% $198 / Sq Ft
09/29/2022 09/29/22 Off Market $825,000 -- --
09/27/2022 09/27/22 For Sale $750,000 -- $198 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV23114802

California Regional Multiple Listing Service (CRMLS)

APN: 211-213-001