NOT LISTED FOR SALE
9 Beds
4 Baths
2,955 Sq Ft
0.33 Acres

Last Sold June 12, 2023

Last sale price $965,000 $327 Per Sq Ft

154 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • 0.33 Acre Lot
  • Neighborhood Views
  • Laundry Room

About This Home

As of June 2023

Property is located in a very quiet neighborhood. Near the 60/91/215 FWY and 5 minutes from the center of Riverside. Quadplex property that you live in and rent out the other units, or great investment property. Four units – two 3bd/1bath, one 2bd/1bath and 1 bd/1 bath. There are three separate garages, as well as, an enclosed yard. Great for entertaining, secure enclosed yard, and any other personal use. Current rents are under market, so great potential for increased income and value. Property can be purchased individually or as a portfolio of properties in Riverside (8320 Mission Blvd, 2121 Down, 2909 4th St). Sold as-is in present condition. Current rent: 3382 A 1250.00, Unit B 1600.00, Unit C 1180.00 Unit D 1399.00 Total rent per month:5429.00

Last Agent to Sell the Property

Joan Chase Swing

RE/MAX College Park Realty License #01736594 Listed on: 11/23/2022

RE/MAX College Park Realty

Co-Listed By

Gary Chen

eXp Realty of Southern Ca, Inc License #01969000

Last Buyer's Agent

Prashant Sampat

Pacific Avenue Realty License #01916221

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 0.33 Acre Lot
  • Two or More Common Walls
  • Chain Link Fence
  • Density is up to 1 Unit/Acre

Parking

  • 8 Open Parking Spaces
  • 3 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 2,955 Sq Ft Home
  • Neighborhood Views

Bedrooms and Bathrooms

  • 9 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 7 / 4
  • Assessor Parcel Number 211033009
  • $200 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $58,032
  • Net Operating Income $58,032

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

0

Parking

3

Listing Details

  • CapRate: 4.88
  • Property Attached: Yes
  • View: Yes
  • Zoning: R1065
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 211033009
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 326.57
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 11.00
  • Uncovered Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 14375.00
  • Lot Size Acres: 0.3300

Multi Family

  • Average1 Bed Area: 500 Square Feet
  • Average2 Bed Area: 625 Square Feet
  • Average3 Bed Area: 925 Square Feet
  • Gross Income: 58032.00
  • Gross Scheduled Income: 65148.00
  • Lot Size Area: 14375.0000 Square Feet
  • Net Operating Income: 58032.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 7116.00
  • Rent Control: No

Tax Info

  • Tax Block: 4
  • Tax Census Tract: 305.02
  • Tax Lot: 7
  • TaxOtherAnnualAssessmentAmount: 200.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2023 06/12/23 Sold $965,000 -8.0% $327 / Sq Ft
04/26/2023 04/26/23 Pending -- -- --
04/03/2023 04/03/23 Price Changed $1,049,000 -2.8% $355 / Sq Ft
03/15/2023 03/15/23 Price Changed $1,079,000 -3.4% $365 / Sq Ft
02/07/2023 02/07/23 Price Changed $1,117,000 -6.1% $378 / Sq Ft
11/23/2022 11/23/22 For Sale $1,189,000 -- $402 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,954 $1,003,986 $312,120 $691,866
2023 $10,954 $416,786 $143,481 $273,305
2022 $4,728 $408,615 $140,668 $267,947
2021 $4,595 $394,039 $136,398 $257,641
2020 $4,634 $396,497 $136,496 $260,001
2019 $4,549 $388,723 $133,820 $254,903
2018 $4,462 $381,102 $131,197 $249,905
2017 $4,385 $373,630 $128,625 $245,005
2016 $4,111 $366,304 $126,103 $240,201
2015 $4,051 $360,803 $124,209 $236,594
2014 $4,011 $353,737 $121,777 $231,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22245483

California Regional Multiple Listing Service (CRMLS)

APN: 211-033-009