Seller's Agent in 2021
Rhina Franco
Top Producers Realty Partners
(323) 997-2376
1 in this area
55 Total Sales
2908 6th St Riverside, CA 92507
Eastside NeighborhoodEstimated Value: $862,892 - $1,071,000
5
Beds
4
Baths
2,832
Sq Ft
$348/Sq Ft
Est. Value
Highlights
- Corner Lot
- Laundry Room
- Tile Flooring
- Polytechnic High School Rated A-
About This Home
As of October 2021Great Investment Opportunity to own 4-units in Riverside. This Craftsman style building has one 2bed/1bath unit and three 1bed/1bath units all of which have laminate flooring, kitchens w/granite counter tops, dual pane windows, & copper plumbing done throughout building. This building has plenty of parking space inside and separate area for coin operated washer/dryers. This is a great building to live in one of the units & rent the other units to help pay your mortgage or rent all units and get great income.
Last Agent to Sell the Property
Top Producers Realty Partners License #01474029 Listed on: 06/27/2021
Co-Listed By
David Franco
MGR REAL ESTATE, INC. License #01333075
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,927
Year Built
- Built in 1918
Lot Details
- 6,534 Sq Ft Lot
- Two or More Common Walls
- Corner Lot
Home Design
- 2,832 Sq Ft Home
- Property Attached
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Legal Lot and Block 14 / 8
- Tax Tract Number 3040
- Assessor Parcel Number 211072011
Community Details
Overview
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $4,200
- Fuel Expense $1,200
- Gardener Expense $1,200
- Insurance Expense $850
- Trash Expense $1,020
- Water Sewer Expense $1,800
- New Taxes Expense $9,999
- Operating Expense $20,269
- Gross Income $69,000
- Net Operating Income $59,580
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 27, 2021
Closed on
Aug 30, 2021
Sold by
Vasquez Michelle A
Bought by
Avendano Marvin Josue Garcia
Seller's Agent
Rhina Franco
Top Producers Realty Partners
Buyer's Agent
Marvin Garcia
ROA California Inc.
List Price
$769,000
Sold Price
$770,000
Premium/Discount to List
$1,000
0.13%
Total Days on Market
54
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,473
Avg. Annual Appreciation
3.82%
Original Mortgage
$577,500
Outstanding Balance
$531,176
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$352,788
Purchase Details
Listed on
Sep 13, 2016
Closed on
Mar 28, 2017
Sold by
Franco David Larry and Franco Rhina Maritxa
Bought by
Vasquez Michelle A
Seller's Agent
David Franco
MGR REAL ESTATE, INC.
Buyer's Agent
David Franco
MGR REAL ESTATE, INC.
List Price
$499,900
Sold Price
$450,000
Premium/Discount to List
-$49,900
-9.98%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.65%
Original Mortgage
$441,849
Interest Rate
4.15%
Mortgage Type
FHA
Purchase Details
Listed on
Mar 3, 2016
Closed on
Apr 12, 2016
Sold by
Dar Investment Group Llc
Bought by
Franco David L
Seller's Agent
David Franco
MGR REAL ESTATE, INC.
Buyer's Agent
David Franco
MGR REAL ESTATE, INC.
Sold Price
$725
Purchase Details
Listed on
Mar 3, 2016
Closed on
Mar 25, 2016
Sold by
Franco David Larry and Franco Rhina Maritxa
Bought by
The Legacy Jer 2911 Trust
Seller's Agent
David Franco
MGR REAL ESTATE, INC.
Buyer's Agent
David Franco
MGR REAL ESTATE, INC.
Sold Price
$725
Purchase Details
Listed on
Sep 30, 2015
Closed on
Oct 20, 2015
Sold by
Tendler Jeffery P
Bought by
Dar Investment Group Llc
Seller's Agent
lucia proulx
Coldwell Banker Realty
Buyer's Agent
lucia proulx
Coldwell Banker Realty
List Price
$300,000
Sold Price
$275,000
Premium/Discount to List
-$25,000
-8.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.89%
Original Mortgage
$215,000
Interest Rate
3.85%
Mortgage Type
Construction
Purchase Details
Closed on
Mar 10, 2005
Sold by
Tendler Jeffery P
Bought by
Tendler Jeffery P
Purchase Details
Closed on
Jun 21, 2002
Sold by
Tendler Viola L
Bought by
Tendler Jeffrey P
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 |
|---|---|---|---|
| Avendano Marvin Josue Garcia | $770,000 | Chicago Title | |
| Vasquez Michelle A | $450,000 | Chicago Title | |
| Franco David L | -- | None Available | |
| The Legacy Jer 2911 Trust | -- | None Available | |
| Franco David Larry | -- | None Available | |
| Franco David Larry | -- | None Available | |
| Dar Investment Group Llc | $275,000 | Lawyers Title | |
| Tendler Jeffery P | -- | -- | |
| Tendler Jeffery P | -- | -- | |
| Tendler Jeffrey P | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Avendano Marvin Josue Garcia | $577,500 | |
| Previous Owner | Vasquez Michelle A | $426,137 | |
| Previous Owner | Vasquez Michelle A | $441,849 | |
| Previous Owner | Franco David L | $20,000 | |
| Previous Owner | Dar Investment Group Llc | $215,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/01/2021 10/01/21 | Sold | $770,000 | +0.1% | $272 / Sq Ft |
| 08/20/2021 08/20/21 | Pending | -- | -- | -- |
| 08/20/2021 08/20/21 | For Sale | $769,000 | -0.1% | $272 / Sq Ft |
| 07/29/2021 07/29/21 | Off Market | $770,000 | -- | -- |
| 07/29/2021 07/29/21 | Pending | -- | -- | -- |
| 07/20/2021 07/20/21 | Price Changed | $769,000 | -3.9% | $272 / Sq Ft |
| 06/27/2021 06/27/21 | For Sale | $799,999 | +77.8% | $282 / Sq Ft |
| 03/31/2017 03/31/17 | Sold | $450,000 | 0.0% | $159 / Sq Ft |
| 01/31/2017 01/31/17 | Off Market | $450,000 | -- | -- |
| 12/30/2016 12/30/16 | For Sale | $499,900 | +11.1% | $177 / Sq Ft |
| 10/19/2016 10/19/16 | Off Market | $450,000 | -- | -- |
| 09/13/2016 09/13/16 | For Sale | $499,900 | 0.0% | $177 / Sq Ft |
| 03/07/2016 03/07/16 | Rented | $725 | 0.0% | -- |
| 03/03/2016 03/03/16 | For Rent | $725 | 0.0% | -- |
| 10/22/2015 10/22/15 | Sold | $275,000 | -8.3% | $97 / Sq Ft |
| 10/12/2015 10/12/15 | Pending | -- | -- | -- |
| 09/30/2015 09/30/15 | For Sale | $300,000 | -- | $106 / 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 |
|---|---|---|---|---|
| 2023 | $8,927 | $785,400 | $142,800 | $642,600 |
| 2022 | $8,725 | $770,000 | $140,000 | $630,000 |
| 2021 | $5,559 | $482,490 | $134,025 | $348,465 |
| 2020 | $5,518 | $477,543 | $132,651 | $344,892 |
| 2019 | $5,415 | $468,180 | $130,050 | $338,130 |
| 2018 | $5,311 | $459,000 | $127,500 | $331,500 |
| 2017 | $3,316 | $280,500 | $76,500 | $204,000 |
| 2016 | $3,110 | $275,000 | $75,000 | $200,000 |
| 2015 | $1,330 | $108,483 | $31,213 | $77,270 |
| 2014 | $1,318 | $106,359 | $30,602 | $75,757 |
Source: Public Records
Agents Affiliated with this Home
-
Rhina Franco
-
Seller Co-Listing Agent in 2021
David Franco
MGR REAL ESTATE, INC.
(909) 610-0021
1 in this area
35 Total Sales
-
Marvin Garcia
Buyer's Agent in 2021
Marvin Garcia
ROA California Inc.
1 in this area
134 Total Sales
-
lucia proulx
Seller's Agent in 2015
lucia proulx
Coldwell Banker Realty
19 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: TR21139674
APN: 211-072-011
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