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 Neighborhood
5
Beds
6
Baths
2,832
Sq Ft
6,900
Sq Ft Lot
Highlights
- Craftsman Architecture
- Neighborhood Views
- Double Pane Windows
- Polytechnic High School Rated A-
- Fireplace
- Cooling System Mounted To A Wall/Window
About This Home
As of October 2021Great Investment Opportunity to own 4-units fully remodeled in Riverside. This Craftsman style building has one 2bed/1bath unit and three 1bed/1bath units all of which have been redone with new kitchens w/granite counter tops, laminate wood flooring, new dual pane windows, new plumbing done throughout building, new interior/exterior paint, new fencing, new bathrooms, new fixtures throughout units, etc. 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 pay your mortgage or rent all four and get great income.
Last Agent to Sell the Property
David Franco
MGR REAL ESTATE, INC. License #01333075 Listed on: 09/13/2016
Last Buyer's Agent
David Franco
MGR REAL ESTATE, INC. License #01333075 Listed on: 09/13/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,927
Year Built
- Built in 1939 | Remodeled
Lot Details
- 6,900 Sq Ft Lot
- Two or More Common Walls
- Wrought Iron Fence
- Brick Fence
- Front Yard
Parking
- 2 Car Garage
- Detached Carport Space
- Parking Available
- Assigned Parking
Home Design
- Craftsman Architecture
- Quadruplex
- Raised Foundation
Interior Spaces
- 2,832 Sq Ft Home
- Fireplace
- Double Pane Windows
- Neighborhood Views
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Tax Lot 14
- Tax Tract Number 304
- Assessor Parcel Number 211072011
Community Details
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Insurance Expense $890
- Trash Expense $900
- Water Sewer Expense $1,800
- New Taxes Expense $6,248
- Operating Expense $11,038
- Gross Income $2,975
- Net Operating Income $39,962
Additional Features
- 4 Units
- Laundry Facilities
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
108
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $770,000 | Chicago Title | |
| Grant Deed | $450,000 | Chicago Title | |
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Grant Deed | $275,000 | Lawyers Title | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $577,500 | New Conventional | |
| Previous Owner | $426,137 | FHA | |
| Previous Owner | $441,849 | FHA | |
| Previous Owner | $20,000 | Commercial | |
| Previous Owner | $215,000 | Construction |
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: CV16700320
APN: 211-072-011
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