3295 Rubidoux Blvd Riverside, CA 92509
Rubidoux NeighborhoodEstimated payment $10,189/month
Highlights
- Golf Course Community
- Fireplace in Kitchen
- Hiking Trails
- 0.42 Acre Lot
- No HOA
- Park
About This Home
Attention agents... Look forward to showing this spacious, nearly 1/2 an acre, (8) unit garden style apartment building. Two parking spaces in front of a single-story unit with a large rear yard area. Long-term tenants with a 7 1/4% cap return and additional upside. Most of tenants pay by direct deposit balance pays to dropbox in laundry room. These rents can be picked up when emptying building owned speed Queen Laundry machines. **($157,860 income yielding a 7.25% cap return on no deferred maintenance asset)** Within the last 4 to 6 years building has been ***re-piped in PEX including new Moen fixtures, new tubs, new showers, toilets, water, heaters, shut offs, and hose bibs. ***PELLA dual glazed windows installed throughout*** Metal exterior entry doors and weatherstripping, jambs and hardware. *** raised panel interior doors with new farm style casing, baseboards, and trim. ***new closet, interiors with high low shelving and sliding mirror doors *** openable, and retractable window, blind coverings *** lockable mailboxes recently added. *** solid wood kitchen cabinets with full extension drawer glides/pantries/remodels. *** over the range microwave, dishwashers gas oven/cooktop. *** new rear metal doors with openable window or blinds that opens to recently slurry coated patio area and new wood fencing. *** electrical sub-panels upgraded, new childproof Decora plugs, GFI’s and LED fixtures. ***Exterior of building, porches, handrails, and wrought iron fencing recently painted. Entire parking lot area was recently slurry coated, and re-striped. Avocado and citrus trees are there for tenants enjoyment. (the five storage containers rent for $160 per month each and the income is included in the gross scheduled income)
Listing Agent
West Shores Realty, Inc. Brokerage Phone: 949-933-5486 License #01434414 Listed on: 06/01/2026
Open House Schedule
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Thursday, June 4, 202611:00 am to 1:00 pm6/4/2026 11:00:00 AM +00:006/4/2026 1:00:00 PM +00:00Unit number #D is open to see inside of completed unit and patio.Add to Calendar
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Friday, June 5, 202611:00 am to 1:00 pm6/5/2026 11:00:00 AM +00:006/5/2026 1:00:00 PM +00:00Unit #D will be open to see inside of completed unit and rear yard area.Add to Calendar
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1980 | Remodeled
Lot Details
- 18,295 Sq Ft Lot
- Two or More Common Walls
- Wrought Iron Fence
- Wood Fence
- Block Wall Fence
- Density is up to 1 Unit/Acre
Parking
- 10 Car Garage
- Parking Available
- Driveway
- Uncovered Parking
- Parking Lot
- Off-Street Parking
Home Design
- Bungalow
- Apartment
- Entry on the 1st floor
- Turnkey
- Pillar, Post or Pier Foundation
- Raised Foundation
- Block Foundation
- Interior Block Wall
- Asphalt Roof
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 4,400 Sq Ft Home
- 1-Story Property
- ENERGY STAR Qualified Doors
- Insulated Doors
- Family Room with Fireplace
- Laundry Room
Kitchen
- Gas Oven
- Built-In Range
- Fireplace in Kitchen
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- No Heating
- Gas Water Heater
Listing and Financial Details
- Tax Lot 020
- Tax Tract Number 179
- Assessor Parcel Number 179093020
- $17,400 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 8 Units
- Foothills
Amenities
- Laundry Facilities
Recreation
- Golf Course Community
- Park
- Dog Park
- Horse Trails
- Hiking Trails
- Bike Trail
Building Details
- 8 Leased Units
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,080
- Insurance Expense $4,800
- Maintenance Expense $2,400
- Trash Expense $8,200
- Water Sewer Expense $2,600
- New Taxes Expense $17,400
- Operating Expense $37,680
- Gross Income $157,860
- Net Operating Income $120,180
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,446 | $560,052 | $174,263 | $385,789 |
| 2023 | $6,446 | $538,307 | $167,498 | $370,809 |
| 2022 | $6,238 | $527,753 | $164,214 | $363,539 |
| 2021 | $6,223 | $517,406 | $160,995 | $356,411 |
| 2020 | $6,158 | $512,102 | $159,345 | $352,757 |
| 2019 | $6,030 | $502,062 | $156,221 | $345,841 |
| 2018 | $5,837 | $492,218 | $153,158 | $339,060 |
| 2017 | $5,775 | $482,567 | $150,155 | $332,412 |
| 2016 | $5,693 | $473,106 | $147,211 | $325,895 |
| 2015 | $5,614 | $466,000 | $145,000 | $321,000 |
| 2014 | $2,979 | $244,612 | $64,815 | $179,797 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/01/2026 06/01/26 | For Sale | $1,780,000 | 0.0% | $405 / Sq Ft | |
| 06/01/2026 06/01/26 | For Rent | $1,720 | 0.0% | -- | |
| 12/19/2014 12/19/14 | Sold | $466,000 | -31.4% | $106 / Sq Ft | View Prior Sale |
| 12/08/2014 12/08/14 | Pending | -- | -- | -- | |
| 05/14/2014 05/14/14 | For Sale | $679,000 | -- | $154 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC26103806
APN: 179-093-020
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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Ask me questions while you tour the home.