NOT LISTED FOR SALE
8 Beds
6 Baths
3,300 Sq Ft
8,742 Sq Ft Lot

Last Sold May 17, 2019

Last sale price $635,000 $192 Per Sq Ft

5 Days on Market

Highlights

  • Neighborhood Views
  • East Facing Home
  • Chain Link Fence
  • Laundry Room
  • Rectangular Lot
  • 4-minute walk to Patterson Park

About This Home

As of May 2019

6 units on 3 buildings, two 2 Bed/1Bath and four 1 Bed/1Bath each, Laundry facilities in the garage area. Downtown Riverside is closeby, UC Riverside, Riberside Community College and Polithecnic High School close to the property.

Last Agent to Sell the Property

Ricardo Munoz

Excellence RE Real Estate License #00912335 Listed on: 04/15/2019

Last Buyer's Agent

Christopher Dumayas

MZ BROKERAGE INC. License #01954052

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 8,742 Sq Ft Lot
  • 1 Common Wall
  • East Facing Home
  • Chain Link Fence
  • Fence is in average condition
  • Rectangular Lot
  • Level Lot
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Property Attached
  • Cosmetic Repairs Needed
  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,300 Sq Ft Home
  • Neighborhood Views
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 28
  • Tax Tract Number 305
  • Assessor Parcel Number 211152004

Community Details

Overview

  • 3 Buildings
  • 6 Units

Building Details

  • 6 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $581
  • Fuel Expense $1,397
  • Insurance Expense $1,661
  • Maintenance Expense $2,550
  • Water Sewer Expense $2,321
  • New Taxes Expense $7,737
  • Operating Expense $16,377
  • Gross Income $51,012
  • Net Operating Income $34,535

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 2321.00
  • Zoning: R3
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 211152004
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 192.42

Exterior Features

  • Direction Faces: East
  • Foundation: Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Average Condition, Chain Link
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Level with Street, Rectangular Lot
  • Lot Size Sq Ft: 8742.00
  • Lot Size Acres: 0.2007

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Electric Expense: 581.00
  • Fuel Expense: 1397.00
  • Gross Income: 51012.00
  • Gross Scheduled Income: 51012.00
  • Insurance Expense: 1661.00
  • Laundry Income: 1812.00
  • Lot Size Area: 8742.0000 Square Feet
  • Maintenance Expense: 2550.00
  • Net Operating Income: 34535.00
  • 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: 16377.00
  • Rent Control: No
  • Total Actual Rent: 4100.00
  • Total Expenses: 16377.00

Tax Info

  • New Taxes Expense: 7737.00
  • Tax Census Tract: 305.03
  • Tax Lot: 28
  • Tax Tract Number: 0305
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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
05/17/2019 05/17/19 Sold $635,000 +2.6% $192 / Sq Ft
05/06/2019 05/06/19 For Sale $619,000 0.0% $188 / Sq Ft
04/20/2019 04/20/19 Pending -- -- --
04/15/2019 04/15/19 For Sale $619,000 -- $188 / 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 $7,793 $708,348 $150,592 $557,756
2023 $7,793 $680,845 $144,746 $536,099
2022 $7,618 $667,496 $141,908 $525,588
2021 $7,510 $654,409 $139,126 $515,283
2020 $7,454 $647,700 $137,700 $510,000
2019 $4,641 $395,980 $71,398 $324,582
2018 $4,553 $388,217 $69,999 $318,218
2017 $4,474 $380,606 $68,627 $311,979
2016 $4,195 $373,144 $67,282 $305,862
2015 $4,135 $367,541 $66,272 $301,269
2014 $4,097 $360,343 $64,975 $295,368
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19086051

California Regional Multiple Listing Service (CRMLS)

APN: 211-152-004