$573,100
SOLD FEB 21, 2025
2 Beds
2 Baths
1,368 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$419 Per Sq Ft

4% Below List Price

9 Days on Market

Highlights

  • Custom Home
  • Corner Lot
  • Cooling System Mounted To A Wall/Window
  • Polytechnic High School Rated A-
  • No HOA
  • Living Room

About This Home

As of February 2025

This well-maintained duplex in Riverside sits on a prime corner lot with a spacious backyard, offering ample room to build one or even two ADUs and/or garages for added income potential. The property features two units, each with 1 bedroom, a living room, a kitchen, and a bathroom, along with newer exterior stucco, tile flooring, and water heaters, as well as a 2-year-old roof and sturdy metal front gate around the front yard. Both units are equipped with newer A/C units for year-round comfort, and other recent upgrades include one-year-old toilets, sewer piping, main water line, front doors, and canopies. The current landlord pays for water, and tenants pay for electricity and gas. The kitchens each have ample storage space, and both living rooms have lovely faux fireplaces and built-in cabinetry. Conveniently located near downtown Riverside, residents will enjoy easy access to restaurants, fast food, museums, entertainment, and colleges, making this an exceptional investment or owner-occupant opportunity.

Last Agent to Sell the Property

April Glatzel

Re/Max Partners Brokerage Phone: 951-205-4429 License #01224102 Listed on: 02/01/2025

Re/Max Partners

Last Buyer's Agent

Bertha Tapia-Jaramillo

Dynasty Real Estate License #01956975

Dynasty Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,502

Year Built

  • Built in 1923

Lot Details

  • 7,841 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Wood Fence
  • Corner Lot
  • Rectangular Lot
  • Level Lot
  • Back Yard

Home Design

  • Duplex
  • Custom Home
  • Raised Foundation
  • Stucco

Interior Spaces

  • 1,368 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Living Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • Parking Available
  • Driveway Level

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 14 / 24
  • Assessor Parcel Number 219325013
  • $65 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1
  • Fuel Expense $1
  • Gardener Expense $900
  • Insurance Expense $991
  • Pest Control $753
  • Trash Expense $49
  • Water Sewer Expense $1,150
  • New Taxes Expense $1,499
  • Operating Expense $5,345
  • Gross Income $31,200
  • Net Operating Income $25,855

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,502

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 299950
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 1150.00
  • Zoning: R2
  • Architectural Style: Custom Built
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 219325013
  • Year Built: 1923
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Entry Level: 1
  • Fireplace Features: Decorative
  • Levels: One
  • Price Per Square Foot: 418.93
  • Room Type: Kitchen, Living Room

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Driveway Level

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Outside
  • Pest Control Expense: 753.00
  • Sewer: Public Sewer
  • Trash Expense: 49.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Level with Street, Rectangular Lot, Level
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 684 Square Feet
  • Electric Expense: 1.00
  • Fuel Expense: 1.00
  • Gross Income: 31200.00
  • Gross Scheduled Income: 31200.00
  • Insurance Expense: 991.00
  • Lot Size Area: 7841.0000 Square Feet
  • Net Operating Income: 25855.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 5345.00
  • Rent Control: No
  • Total Expenses: 5345.00

Tax Info

  • New Taxes Expense: 1499.00
  • Tax Block: 24
  • Tax Census Tract: 304.00
  • Tax Lot: 14
  • TaxOtherAnnualAssessmentAmount: 65.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2025
Closed on
Feb 20, 2025
Sold by
Zapata Family Living Trust and Zapata Mario J
Bought by
Pv Legacy Investments Llc
Seller's Agent
April Glatzel
Re/Max Partners
Buyer's Agent
Bertha Tapia-Jaramillo
Dynasty Real Estate
List Price
$599,900
Sold Price
$573,100
Premium/Discount to List
-$26,800
-4.47%
Views
31
Current Estimated Value
$577,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,901
Avg. Annual Appreciation
1.00%

Purchase Details

Closed on
Jul 25, 2011
Sold by
Zapata Mario J and Zapata Maria C
Bought by
Zapata Mario J and Zapata Maria C

Purchase Details

Closed on
Jul 1, 2011
Sold by
Zapata Mario J and Zapata Marla C
Bought by
Zapata Mario J and Zapata Maria C

Purchase Details

Closed on
Mar 13, 2010
Sold by
Zapata Mario J and Zapata Maria C
Bought by
Zapata Mario J and Zapata Maria C

Purchase Details

Closed on
May 13, 2009
Sold by
Us Bank National Association
Bought by
Zapata Mario J and Zapata Maria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
4.76%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 3, 2008
Sold by
David Gabriel Gallardo
Bought by
Lasalle Bank Na and Mlmi Trust Series 2006-Rm1

Purchase Details

Closed on
Nov 17, 2005
Sold by
Chino Valley Calvary Presbyterian Church
Bought by
David Gabriel Gallardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 22, 2005
Sold by
Hud
Bought by
Kim Sanghi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,200
Interest Rate
1.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 11, 2005
Sold by
Kim Seon
Bought by
Kim Sanghi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,200
Interest Rate
1.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 3, 2002
Sold by
Mortgage Electronic Registration Systems
Bought by
Hud

Purchase Details

Closed on
Feb 9, 2001
Sold by
Guzman Vanesa
Bought by
Loza Maria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,532
Interest Rate
7.14%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 30, 2000
Sold by
Us Sec Hud
Bought by
Guzman Humberto and Guzman Vanesa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,050
Interest Rate
8.22%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 26, 1997
Sold by
Homeside Lending Inc
Bought by
Hud

Purchase Details

Closed on
Jul 30, 1997
Sold by
Delatorre Margarita and Delatorre Jorge
Bought by
Homeside Lending Inc
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $573,500 First American Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $104,000 Lsi Title Agency Inc
Trustee Deed $151,800 None Available
Grant Deed $405,000 Chicago Title Co
Grant Deed -- Chicago Title Co
Grant Deed $269,000 First American Title Company
Interfamily Deed Transfer -- First American Title Company
Corporate Deed -- United Title Company
Trustee Deed $106,713 United Title Company
Grant Deed $95,000 Fidelity National Title Ins
Interfamily Deed Transfer -- Fidelity National Title Ins
Grant Deed $46,500 First American Title Co
Grant Deed $82,198 --
Trustee Deed $82,198 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $78,000 Commercial
Previous Owner $80,000 Commercial
Previous Owner $320,000 Purchase Money Mortgage
Previous Owner $215,200 Commercial
Previous Owner $93,532 FHA
Previous Owner $50,050 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2025 02/21/25 Sold $573,100 -4.5% $419 / Sq Ft
02/01/2025 02/01/25 For Sale $599,900 -- $439 / 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
2023 $1,502 $128,707 $92,823 $35,884
2022 $1,468 $126,184 $91,003 $35,181
2021 $1,463 $123,711 $89,219 $34,492
2020 $1,452 $122,444 $88,305 $34,139
2019 $1,426 $120,044 $86,574 $33,470
2018 $1,399 $117,691 $84,876 $32,815
2017 $1,375 $115,384 $83,212 $32,172
2016 $1,291 $113,123 $81,581 $31,542
2015 $1,272 $111,425 $80,356 $31,069
2014 $1,259 $109,244 $78,783 $30,461
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG25024020

California Regional Multiple Listing Service (CRMLS)

APN: 219-325-013