NOT LISTED FOR SALE

Estimated Value: $737,000 - $1,072,000

5 Beds
4 Baths
2,832 Sq Ft
$308/Sq Ft Est. Value

Sale Details

Date Sold: October 1, 2021

Last sale price $770,000 $272 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,578 / mo

54 Days on Market

About This Home

As of October 2021

Great 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

Rhina Franco

Top Producers Realty Partners License #01474029 Listed on: 06/27/2021

Top Producers Realty Partners

Co-Listed By

David Franco

MGR REAL ESTATE, INC. License #01333075

Last Buyer's Agent

Marvin Garcia

ROA California Inc. License #01968704

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

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

Additional Features

  • Laundry Located Outside
  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 14 / 8
  • Tax Tract Number 3040
  • Assessor Parcel Number 211072011

Community Details

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

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1918

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1800.00
  • Zoning: R1065
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 211072011
  • Year Built: 1918
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Price Per Square Foot: 271.89

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Trash Expense: 1020.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Multi Family

  • Electric Expense: 4200.00
  • Fuel Expense: 1200.00
  • Gross Income: 69000.00
  • Gross Scheduled Income: 69000.00
  • Insurance Expense: 850.00
  • Lot Size Area: 6534.0000 Square Feet
  • Net Operating Income: 59580.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 9420.00
  • Rent Control: No
  • Total Expenses: 20269.00

Tax Info

  • New Taxes Expense: 9999.00
  • Tax Block: 8
  • Tax Census Tract: 304.00
  • Tax Lot: 14
  • Tax Tract Number: 03040

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2021
Closed on
Aug 30, 2021
Sold by
Bought by
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%
Current Estimated Value
$873,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,119
Avg. Annual Appreciation
2.63%
Original Mortgage
$577,500
Outstanding Balance
$513,893
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$359,226

Purchase Details

Listed on
Sep 13, 2016
Closed on
Mar 28, 2017
Sold by
Bought by
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
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 3, 2016
Closed on
Apr 12, 2016
Sold by
Bought by
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
Bought by
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
Bought by
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
11.31%
Original Mortgage
$215,000
Interest Rate
3.85%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 10, 2005
Sold by
Bought by

Purchase Details

Closed on
Jun 21, 2002
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Eastside, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$770,000 Chicago Title
$450,000 Chicago Title
-- None Available
-- None Available
-- None Available
-- None Available
$275,000 Lawyers Title
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $577,500
Previous Owner $426,137
Previous Owner $441,849
Previous Owner $20,000
Previous Owner $215,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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 View Prior Sale
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $9,228 $833,472 $151,540 $681,932
2025 $8,927 $817,130 $148,569 $668,561
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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR21139674

California Regional Multiple Listing Service (CRMLS)

APN: 211-072-011

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