NOT LISTED FOR SALE

Estimated Value: $793,000 - $1,528,000

6 Beds
4 Baths
2,476 Sq Ft
$449/Sq Ft Est. Value

Last Sold June 10, 2021

Last sale price $725,000 $293 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $6,516/month

7 Days on Market

Highlights

  • Corner Lot
  • 3 Car Direct Access Garage
  • Tile Flooring
  • Private Yard
  • Laundry Room
  • Guest Parking

About This Home

As of June 2021

3552 & 3554 Harrison. Rare to Find & Much in Demand Beautiful Corner Lot Duplex located in the Heart of Riverside! Total 6 Beds 4 Baths and Each Unit has 3 Beds 2 Baths sitting on a 0.26 Acres Lot! 3 Detached Car Garages with Wide and Long Extended Driveways for Plenty Parking Spaces. Huge Side and Back Yard with Private Entrance for Each Unit. Each Unit has its Own Private Back Yard! 2 Separate Electrical and Gas Meters. Both Units are currently Tenant Occupied with Month to Month Lease. Well Maintained and Both Units are in Good Condition! It is also ideal to Live One and Rent Another One! Excellent Neighborhood closes to Universities/Schools {12 Minutes to UC Riverside}, Shopping Centers, Restaurants and Parks. GREAT VALUE! HURRY! IT WILL SELL FAST!

Last Agent to Sell the Property

Jing Chen

RE/MAX CHAMPIONS License #01911286 Listed on: 05/17/2021

RE/MAX CHAMPIONS

Last Buyer's Agent

TERESA HERNANDEZ

CENTURY 21 MASTERS License #02020429

CENTURY 21 MASTERS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 0.26 Acre Lot
  • No Common Walls
  • Corner Lot
  • Private Yard
  • Back and Front Yard
  • Value in Land

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Driveway
  • Guest Parking
  • Parking Lot
  • Assigned Parking

Home Design

  • Duplex

Interior Spaces

  • 2,476 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Laundry Room

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 31
  • Tax Tract Number 8837
  • Assessor Parcel Number 234072001

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,483
  • Water Sewer Expense $1,400
  • New Taxes Expense $7,306
  • Operating Expense $10,189
  • Gross Income $36,000
  • Net Operating Income $43,891

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 1400.00
  • Zoning: R1
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 234072001
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 292.81
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned, Direct Garage Access, Driveway, Garage, Garage Faces Front, Guest, On Site, Oversized, Parking Space, Private
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Water Heater
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Lot 10000-19999 Sqft, Value In Land, Yard
  • Lot Size Sq Ft: 11326.00
  • Lot Size Acres: 0.2600

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 36000.00
  • Gross Scheduled Income: 52800.00
  • Insurance Expense: 1483.00
  • Lot Size Area: 11326.0000 Square Feet
  • Net Operating Income: 43891.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 8909.00
  • Rent Control: No
  • Total Actual Rent: 3000.00
  • Total Expenses: 10189.00

Tax Info

  • New Taxes Expense: 7306.00
  • Tax Census Tract: 316.01
  • Tax Lot: 31
  • Tax Tract Number: 8837

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2024
Sold by
Tran Tien and Quinn Thuc
Bought by
Tien Tran And Quinn Thuc Nguyen Family Trust and Nguyen
Current Estimated Value
$1,110,595

Purchase Details

Closed on
Oct 25, 2023
Sold by
Solorzano Monica
Bought by
Tran Tien and Nguyen Quinn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 17, 2021
Closed on
May 27, 2021
Sold by
Ota Koichi and Ota Marlene Mae
Bought by
Solorzano Monica
Seller's Agent
Jing Chen
RE/MAX CHAMPIONS
Buyer's Agent
TERESA HERNANDEZ
CENTURY 21 MASTERS
List Price
$750,000
Sold Price
$725,000
Premium/Discount to List
-$25,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.76%

Purchase Details

Closed on
Oct 26, 2017
Sold by
Ota Koichi
Bought by
Ota Koichi and Ota Marlene Mae

Purchase Details

Closed on
May 5, 2016
Sold by
Ota Koichi and Bradshaw James M
Bought by
Lota Koichi and Bradshaw James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,900
Interest Rate
3.71%
Mortgage Type
Commercial

Purchase Details

Closed on
May 25, 2005
Sold by
Decastro Karen Susanne
Bought by
Decastro Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,600
Interest Rate
5.74%
Mortgage Type
Commercial

Purchase Details

Closed on
May 20, 2005
Sold by
Bradshaw Marilyn C
Bought by
Bradshaw James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,600
Interest Rate
5.74%
Mortgage Type
Commercial

Purchase Details

Closed on
May 11, 2005
Sold by
Decastro Inc
Bought by
Ota Kaichi R and Bradshaw James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,600
Interest Rate
5.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 28, 2002
Sold by
Crane Timothy Scott and Crane Caren
Bought by
Decastro Karen Susanne
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tien Tran And Quinn Thuc Nguyen Family Trust -- None Listed On Document
Tran Tien -- None Listed On Document
Tran Tien $1,550,000 Lawyers Title
Solorzano Monica $725,000 Fidelity National Title Co
Ota Koichi -- None Available
Lota Koichi -- North American Title Co Inc
Decastro Inc -- --
Bradshaw James M -- United Title Company Inland
Ota Koichi R -- United Title Company Inland
Ota Kaichi R $510,000 United Title Company Inland
Decastro Karen Susanne $217,500 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tran Tien $450,000
Previous Owner Lota Koichi $154,900
Previous Owner Ota Koichi R $183,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2021 06/10/21 Sold $725,000 -3.3% $293 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
05/17/2021 05/17/21 For Sale $750,000 -- $303 / 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
2025 $8,570 $790,500 $234,600 $555,900
2023 $8,570 $754,290 $187,272 $567,018
2022 $8,315 $739,500 $183,600 $555,900
2021 $7,432 $656,737 $128,763 $527,974
2020 $7,376 $650,004 $127,443 $522,561
2019 $7,237 $637,260 $124,945 $512,315
2018 $7,096 $624,766 $122,497 $502,269
2017 $6,970 $612,517 $120,096 $492,421
2016 $6,521 $600,508 $117,742 $482,766
2015 $6,429 $591,489 $115,974 $475,515
2014 $6,370 $579,904 $113,703 $466,201
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21105252

California Regional Multiple Listing Service (CRMLS)

APN: 234-072-001