NOT LISTED FOR SALE

3440 Anderson Ave Riverside, CA 92507

Eastside Neighborhood
2 Beds
1 Bath
-- Sq Ft
10,437 Sq Ft Lot

Last Sold August 23, 2013

Last sale price $529,000

94 Days on Market

About This Home

As of August 2013

Excellent investment opportunity! Property is also known as the "Anderson Arms" and is located in an area where growth, improvement and re-development are happening now! This is a Pride of Ownership 6-plex with 5, one-car garages, one uncovered parking space, and on-site laundry. Anderson Arms is located at the corner of Anderson & Keith; there is additional, on-street parking on both streets. The Anderson Arms "Owners Unit" has an attached 2-car garage with direct access. This is an awesome property and won't last! Drive your clients by for a look today!

Last Agent to Sell the Property

Kimberlee Mar

Covenant Properties & Mortgage License #01268057 Listed on: 03/24/2013

Last Buyer's Agent

Marino Morales

BETTER HOMES AND GARDENS REAL ESTATE CHAMPIONS License #01081881

BETTER HOMES AND GARDENS REAL ESTATE CHAMPIONS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 10,437 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 7 Car Direct Access Garage
  • Rear-Facing Garage
  • Single Garage Door
  • On-Street Parking

Home Design

  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Additional Features

  • Leased Washer and Dryer
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, water
  • Legal Lot and Block 11 / 039
  • Tax Tract Number 18
  • Assessor Parcel Number 211055001

Community Details

Overview

  • 6 Units

Building Details

  • 6 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,100
  • Insurance Expense $2,000
  • Maintenance Expense $8,692
  • Trash Expense $840
  • Water Sewer Expense $2,400
  • New Taxes Expense $7,993
  • Gross Income $4,445
  • Net Operating Income $17,865

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Parking

7

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 2400.00
  • Property Type: Residential Income
  • Gardener Expense: 1100.00
  • Parcel Number: 211055001
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 7.00
  • Parking Features: Direct Garage Access, Garage, Garage Faces Rear, Garage - Single Door, Street
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 840.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 10437.00
  • Lot Size Acres: 0.2400

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Water

Multi Family

  • Gross Income: 4445.00
  • Gross Scheduled Income: 53340.00
  • Insurance Expense: 2000.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 10437.0000 Square Feet
  • Maintenance Expense: 8692.00
  • Net Operating Income: 17865.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 35475.00
  • Rent Control: No
  • Total Actual Rent: 4445.00

Tax Info

  • New Taxes Expense: 7993.00
  • Tax Block: 039
  • Tax Lot: 11
  • Tax Tract Number: 018
  • Tax Year: 2013

Range of Values:

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Sold Price
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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 Change Sq Ft Price
08/23/2013 08/23/13 Sold $529,000 0.0% --
06/26/2013 06/26/13 Pending -- -- --
03/24/2013 03/24/13 For Sale $529,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2013

    Kimberlee Mar

    Covenant Properties & Mortgage

    (949) 737-1796

    10 Total Sales

    Kimberlee Mar
    Section Image
  • Marino Morales

    Buyer's Agent in 2013

    Marino Morales

    BETTER HOMES AND GARDENS REAL ESTATE CHAMPIONS

    (951) 522-0996

    42 Total Sales

    Marino Morales
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC13051706

California Regional Multiple Listing Service (CRMLS)

APN: 211-055-001

California Riverside County Riverside 92507 Eastside

3440 Anderson Ave, Riverside, CA

This home is located at 3440 Anderson Ave, Riverside, CA 92507 since 24 March 2013. This property was built in 1971. 3440 Anderson Ave is a home located in Riverside County with nearby schools including William Howard Taft Elementary School, University Heights Middle School, and John W. North High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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