Seller's Agent in 2025
Mike Mattson
One Source Realty Solutions
(949) 709-7639
1 in this area
26 Total Sales
2972 Orange St Riverside, CA 92501
Downtown Riverside Neighborhood
6
Beds
3
Baths
2,233
Sq Ft
6,970
Sq Ft Lot
Highlights
- No Units Above
- Lawn
- Wood Frame Window
- Property is near public transit
- No HOA
- Living Room
About This Home
As of May 2025Discover a prime investment opportunity with this well-maintained triplex in the heart of North Riverside! Built in 1961, this property features three spacious 2-bedroom, 1-bath units, each offering a smart layout with a welcoming living room flowing into a separate kitchen, a hallway flanked by large bedrooms, and a modern bathroom. Enjoy recent upgrades including a composition roof installed in 2003, full copper plumbing from 2007, and fresh exterior paint in 2013. Unit-specific enhancements include a bathroom remodel in 2014 for one unit and a kitchen remodel in 2016 plus a bathroom refresh with a new tub in 2025 for another. Tile floors grace the living areas and kitchens, complemented by cozy carpeted bedrooms, blending style and durability.
This turnkey gem boasts a covered 3-car carport plus ample street and alley parking, ensuring tenant convenience. A detached laundry room with coin-operated machines offers additional storage space and income potential, while the front lawn presents an opportunity for an ADU (subject to approval). Low maintenance is a highlight, with recent water heater replacements in 2021 and 2023 keeping systems efficient. The triplex sits on a 6,970 sq ft lot in the Riverside redevelopment area, promising future growth and vibrancy.
Nestled just a 15-minute walk from the iconic Mission Inn and Downtown Riverside, this property offers easy access to local hotspots like Beerfarm, Route 30 Brewing, and the Riverside Certified Farmers’ Market. Unwind at nearby North Park or enjoy seamless commuting via freeways 60, 91, and 215. The community shines with events like the Dickens Festival and Christmas at Mission Inn, adding charm without disruption. Perfect for investors or multi-family buyers seeking a cash-flowing asset with upside potential in a thriving location!
Last Agent to Sell the Property
One Source Realty Solutions Brokerage Phone: 949-973-2118 License #01718698 Listed on: 03/26/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961 | Remodeled
Lot Details
- 6,970 Sq Ft Lot
- Property fronts an alley
- No Units Above
- No Units Located Below
- Two or More Common Walls
- Chain Link Fence
- Landscaped
- Paved or Partially Paved Lot
- No Sprinklers
- Lawn
- Front Yard
- Density is 2-5 Units/Acre
Home Design
- Triplex
- Entry on the 1st floor
- Turnkey
- Composition Roof
- Copper Plumbing
- Stucco
Interior Spaces
- 2,233 Sq Ft Home
- 1-Story Property
- Wood Frame Window
- Living Room
- Storage
- Utility Room
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
Parking
- 3 Car Garage
- 3 Detached Carport Spaces
- Parking Storage or Cabinetry
- Parking Available
- Assigned Parking
Outdoor Features
- Exterior Lighting
Location
- Property is near public transit
- Urban Location
Utilities
- Heating System Uses Natural Gas
- Wall Furnace
- Gas Water Heater
- Private Sewer
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tenant pays for all utilities, cable TV, electricity, gas, HVAC maintenance, pest control, telephone
- Tax Lot 9
- Tax Tract Number 209
- Assessor Parcel Number 209212027
- $66 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 3 Units
Amenities
- Laundry Facilities
Recreation
- Park
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- Electric Expense $384
- Fuel Expense $144
- Insurance Expense $2,684
- Trash Expense $3,000
- Water Sewer Expense $792
- Operating Expense $10,406
- Gross Income $55,440
- Net Operating Income $42,292
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 26, 2025
Closed on
Apr 9, 2025
Sold by
Hamilton-De Putron Family Trust and Hamilton Scott R
Bought by
Zhang Jiahuan and Cai Zhifei
Seller's Agent
Mike Mattson
One Source Realty Solutions
Buyer's Agent
Chin Gan
Real Brokerage Technologies
List Price
$750,000
Sold Price
$765,000
Premium/Discount to List
$15,000
2%
Views
40
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
-$16,904
Avg. Annual Appreciation
-8.85%
Original Mortgage
$520,000
Outstanding Balance
$516,290
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$207,319
Purchase Details
Closed on
Feb 10, 2021
Sold by
Hamilton Scott R and Hamilton De Putron Family Trus
Bought by
Hamilton Scott R and De Putron Marie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 24, 2011
Sold by
Hamilton Scott R
Bought by
Hamilton Scott R
Purchase Details
Closed on
Oct 10, 2002
Sold by
Hamilton Scott R
Bought by
Hamilton Scott R
Purchase Details
Closed on
Aug 29, 2002
Sold by
Deputron Marie
Bought by
Hamilton Scott R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 7, 2002
Sold by
Guzman Agustin
Bought by
Hamilton Scott R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 8, 1999
Sold by
Donald Crabtree
Bought by
Russo Domenico and Russo Paula
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
7.68%
Mortgage Type
Purchase Money Mortgage
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 | $765,000 | Lawyers Title | |
| Interfamily Deed Transfer | -- | Amrock Llc | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Chicago Title Co | |
| Grant Deed | $205,000 | Chicago Title Co | |
| Grant Deed | $105,000 | Commonwealth Land Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $520,000 | New Conventional | |
| Previous Owner | $200,000 | New Conventional | |
| Previous Owner | $164,000 | Purchase Money Mortgage | |
| Previous Owner | $73,500 | Purchase Money Mortgage | |
| Closed | $15,750 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/05/2025 05/05/25 | Sold | $765,000 | +2.0% | $343 / Sq Ft |
| 04/03/2025 04/03/25 | Pending | -- | -- | -- |
| 03/26/2025 03/26/25 | For Sale | $750,000 | -- | $336 / 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 |
|---|---|---|---|---|
| 2025 | $3,251 | $296,878 | $65,158 | $231,720 |
| 2023 | $3,251 | $285,352 | $62,629 | $222,723 |
| 2022 | $3,178 | $279,757 | $61,401 | $218,356 |
| 2021 | $3,144 | $274,273 | $60,198 | $214,075 |
| 2020 | $3,120 | $271,461 | $59,581 | $211,880 |
| 2019 | $3,062 | $266,139 | $58,413 | $207,726 |
| 2018 | $3,003 | $260,921 | $57,268 | $203,653 |
| 2017 | $2,950 | $255,806 | $56,146 | $199,660 |
| 2016 | $2,762 | $250,792 | $55,046 | $195,746 |
| 2015 | $2,723 | $247,026 | $54,220 | $192,806 |
| 2014 | $2,697 | $242,189 | $53,159 | $189,030 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Mattson
-
Chin Gan
Buyer's Agent in 2025
Chin Gan
Real Brokerage Technologies
(626) 789-0159
1 in this area
41 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25063025
APN: 209-212-027
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