$675,000
SOLD APR 28, 2025
3 Beds
2 Baths
1,681 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$402 Per Sq Ft

9% Below List Price

307 Days on Market

Highlights

  • Newly Remodeled
  • Solar Power System
  • No HOA
  • Polytechnic High School Rated A-
  • Craftsman Architecture
  • Built-In Features

About This Home

As of April 2025

MULTI-FAMILY - ** TWO Detached Houses on a Lot ** - The Main house is a spacious Craftsman Style - 2 bedrooms / 1 bath with its own laundry room (POTENTIAL LAUNDRY INCOME) OR laundry room can be converted into a third bedroom. The kitchen has been upgraded with quartz countertops. Living room offers a fireplace, and dining room with lots of built-ins. Windows have been upgraded through-out. New Electrical re-wire **DETACHED ADU- 1 Bedroom / 1 bathroom, with kitchen and 8 Solar Panels. Adding 461 sq ft. [Built in 2023 with permits]. Zoned R3 - Location is in the Historic District near Freeway access, walking distance to restaurants, Museums, Riverside Art Museum, Mission Inn, Food Lab, Fairmount Park, Riverside Convention Center all Downtown Riverside. Must See!! See Supplements for permits - [Buyer to do their due diligence on any all info]

Last Agent to Sell the Property

Ruby Pineda

Blue Monkey Realty Brokerage Phone: 951-313-5229 License #01734964 Listed on: 05/23/2024

Co-Listed By

Elliott Polanco

Blue Monkey Realty Brokerage Phone: 951-313-5229 License #02028374

Last Buyer's Agent

Elliott Polanco

Blue Monkey Realty Brokerage Phone: 951-313-5229 License #02028374

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,053

Year Built

  • Built in 1923 | Newly Remodeled

Lot Details

  • 5,663 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Craftsman Architecture

Interior Spaces

  • 1,681 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Laminate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Additional Features

  • Solar Power System
  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 3 / 1
  • Tax Tract Number 1
  • Assessor Parcel Number 213042005
  • $66 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1
  • Fuel Expense $1
  • Insurance Expense $1
  • Trash Expense $1
  • Water Sewer Expense $1
  • Operating Expense $1
  • Gross Income $3,600
  • Net Operating Income $53,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,053

Year Built

Built in 1923 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 332500
  • Property Attached: No
  • Water Sewer Expenses: 1.00
  • Zoning: R3
  • Architectural Style: Craftsman
  • New Construction: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 213042005
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Built-in Features
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 401.55
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts in Laundry
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 1.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Storm Drains, Street Lights

Green Features

  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5663.00
  • Lot Size Acres: 0.1300

Multi Family

  • Average2 Bed Area: 1220 Square Feet
  • Average Studio Area: 461 Square Feet
  • Electric Expense: 1.00
  • Fuel Expense: 1.00
  • Gross Income: 3600.00
  • Gross Scheduled Income: 53400.00
  • Insurance Expense: 1.00
  • Laundry Income: 3600.00
  • Lot Size Area: 5663.0000 Square Feet
  • Net Operating Income: 53400.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Rent Control: No
  • Total Expenses: 1.00

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 303.00
  • Tax Lot: 3
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 66.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Apr 4, 2025
Sold by
Panzarino Mario Frank and Panzarino Brittany
Bought by
Lopez Mark
Seller's Agent
Ruby Pineda
Blue Monkey Realty
Buyer's Agent
Elliott Polanco
Blue Monkey Realty
List Price
$739,900
Sold Price
$675,000
Premium/Discount to List
-$64,900
-8.77%
Views
420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-58.80%
Original Mortgage
$506,250
Outstanding Balance
$505,806
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$69,610

Purchase Details

Listed on
May 23, 2024
Closed on
Apr 3, 2025
Sold by
Lopez Claudia
Bought by
Lopez Mark
Seller's Agent
Ruby Pineda
Blue Monkey Realty
Buyer's Agent
Elliott Polanco
Blue Monkey Realty
List Price
$739,900
Sold Price
$675,000
Premium/Discount to List
-$64,900
-8.77%
Views
420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,250
Outstanding Balance
$505,806
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$69,610

Purchase Details

Closed on
Oct 6, 2021
Sold by
Panzarino Mario
Bought by
Panzarino Mario and Panzarino Brittany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
2.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2020
Sold by
Tucker Roger D and Tucker Rebecaa G
Bought by
Panzarino Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
2.67%
Mortgage Type
New Conventional
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $665,000 Wfg National Title
Grant Deed -- Wfg National Title
Interfamily Deed Transfer -- Accommodation
Grant Deed $350,000 First Amer Ttl Co Los Angels
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $506,250 New Conventional
Previous Owner $364,000 New Conventional
Previous Owner $280,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2025 04/28/25 Sold $675,000 0.0% $402 / Sq Ft
04/28/2025 04/28/25 Sold $675,000 +1.5% $402 / Sq Ft
03/21/2025 03/21/25 Price Changed $665,000 0.0% $396 / Sq Ft
03/21/2025 03/21/25 Price Changed $665,000 -2.2% $396 / Sq Ft
02/12/2025 02/12/25 Price Changed $679,999 0.0% $405 / Sq Ft
02/12/2025 02/12/25 Price Changed $679,999 -2.7% $405 / Sq Ft
01/06/2025 01/06/25 Price Changed $699,000 0.0% $416 / Sq Ft
01/06/2025 01/06/25 Price Changed $699,000 -4.2% $416 / Sq Ft
09/25/2024 09/25/24 Price Changed $729,999 0.0% $434 / Sq Ft
09/25/2024 09/25/24 Price Changed $729,999 0.0% $434 / Sq Ft
09/25/2024 09/25/24 Price Changed $729,900 0.0% $434 / Sq Ft
09/25/2024 09/25/24 Price Changed $729,900 -1.4% $434 / Sq Ft
05/23/2024 05/23/24 For Sale $739,900 0.0% $440 / Sq Ft
05/06/2024 05/06/24 Price Changed $739,900 -1.3% $440 / Sq Ft
02/10/2024 02/10/24 For Sale $749,900 -- $446 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $4,053 $364,140 $83,232 $280,908
2022 $3,959 $357,000 $81,600 $275,400
2021 $781 $69,544 $12,767 $56,777
2020 $775 $68,832 $12,637 $56,195
2019 $760 $67,484 $12,390 $55,094
2018 $745 $66,162 $12,148 $54,014
2017 $731 $64,865 $11,910 $52,955
2016 $687 $63,594 $11,677 $51,917
2015 $676 $62,640 $11,502 $51,138
2014 $667 $61,416 $11,278 $50,138
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG24068703

California Regional Multiple Listing Service (CRMLS)

APN: 213-042-005