NOT LISTED FOR SALE

Estimated Value: $693,542 - $746,000

4 Beds
1 Bath
2,672 Sq Ft
$269/Sq Ft Est. Value

Sale Details

Date Sold: February 9, 2023

Last sale price $595,000 $223 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,446 / mo

33 Days on Market

Highlights

  • Rectangular Lot
  • No Heating
  • 1-Story Property

About This Home

As of February 2023

Be welcomed by a Rare Investment opportunity in Riverside. Enter into the first unit that has been completely remodeled with new paint, flooring, and windows. This unit features a 3 Bed/1 Bath. The next middle unit is a detached storage/ office space that has been completely remodeled with new paint & flooring throughout. The 3rd back unit on top of the garage is set up for a potential kitchen and bathroom. Garage Entry from the back ally with plenty of parking space and RV potential with Gate. Some of the recent upgrades include a NEW roof, NEW flooring, NEW double panel windows, fresh NEW exterior and interior paint, NEW garage door, NEW water heater, NEW AC, heater, and NEW appliances. Greeting you as enter is a brand NEW remodeled kitchen on the side and a NEW remodeled bath across. Middle Unit offers a side covered patio with an open floorplan great for an office. Last Unit features and living area, One bedroom, and one bathroom (potential). Great protentional for cash flow.

Last Agent to Sell the Property

Thomas Paulauskas

Keller Williams Realty Antelope Valley License #01793536 Listed on: 12/09/2022

Keller Williams Realty Antelope Valley

Last Buyer's Agent

Leticia Arteaga

RE/MAX TIME REALTY License #01171884

RE/MAX TIME REALTY

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 8,276 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot

Parking

  • 2 Car Garage

Home Design

  • Triplex
  • Flat Tile Roof

Interior Spaces

  • 2,672 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Bathroom

Additional Features

  • Exterior Lighting
  • No Heating

Listing and Financial Details

  • Tax Lot 46
  • Assessor Parcel Number 209232011
  • $83 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $108
  • Fuel Expense $390
  • Insurance Expense $1,400
  • Trash Expense $390
  • Water Sewer Expense $390
  • Operating Expense $2,678
  • Gross Income $56,400
  • Net Operating Income $4,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

8,276 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 390.00
  • Zoning: R2
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 209232011
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 222.68

Exterior Features

  • Pool Private: No
  • Roof: Flat Tile
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 390.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900

Multi Family

  • Electric Expense: 108.00
  • Fuel Expense: 390.00
  • Gross Income: 56400.00
  • Gross Scheduled Income: 4700.00
  • Insurance Expense: 1400.00
  • Lot Size Area: 8276.0000 Square Feet
  • Net Operating Income: 4200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 500.00
  • Rent Control: Yes
  • Total Expenses: 2678.00

Tax Info

  • Tax Census Tract: 301.03
  • Tax Lot: 46
  • Tax Tract Number: 999999
  • TaxOtherAnnualAssessmentAmount: 83.00

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Downtown Riverside, CA

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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
02/09/2023 02/09/23 Sold $595,000 0.0% $223 / Sq Ft
02/09/2023 02/09/23 Sold $595,000 -0.7% $223 / Sq Ft View Prior Sale
01/11/2023 01/11/23 Pending -- -- --
01/11/2023 01/11/23 Pending -- -- --
12/12/2022 12/12/22 Price Changed $599,000 -3.2% $224 / Sq Ft
12/09/2022 12/09/22 For Sale $618,800 +3.3% $232 / Sq Ft
12/08/2022 12/08/22 Price Changed $599,000 -3.2% $224 / Sq Ft
11/23/2022 11/23/22 Price Changed $618,800 -4.6% $232 / Sq Ft
11/16/2022 11/16/22 Price Changed $648,800 -7.2% $243 / Sq Ft
10/27/2022 10/27/22 For Sale $698,888 +66.3% $262 / Sq Ft
02/15/2022 02/15/22 Sold $420,250 +10.9% $217 / Sq Ft View Prior Sale
01/08/2022 01/08/22 For Sale $379,000 -- $196 / Sq Ft
01/06/2022 01/06/22 Pending -- -- --
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 $6,857 $631,418 $169,793 $461,625
2025 $6,857 $619,038 $166,464 $452,574
2023 $6,630 $535,500 $134,640 $400,860
2022 $5,454 $484,500 $121,380 $363,120
2021 $615 $54,620 $10,086 $44,534
2020 $609 $54,061 $9,983 $44,078
2019 $598 $53,002 $9,788 $43,214
2018 $586 $51,964 $9,597 $42,367
2017 $575 $50,946 $9,409 $41,537
2016 $541 $49,948 $9,225 $40,723
2015 $532 $49,200 $9,088 $40,112
2014 $524 $48,238 $8,911 $39,327
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22249182

California Regional Multiple Listing Service (CRMLS)

APN: 209-232-011

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