NOT LISTED FOR SALE

Estimated Value: $995,000 - $1,182,324

7 Beds
5 Baths
2,708 Sq Ft
$417/Sq Ft Est. Value

Sale Details

Date Sold: June 20, 2025

Last sale price $1,200,000 $443 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $6,250 / mo

45 Days on Market

Highlights

  • No HOA
  • Central Heating
  • 1-Story Property
  • Laundry Room
  • Vinyl Flooring

About This Home

As of June 2025

WE HAVE ANOTHER ONE BRAND NEW INCREDIBLE 3 UNIT PROPERTY ! If you are looking for a beautiful investment property, then this one is for you. This is a once in a lifetime opportunity to buy 3 units. Close escrow and rent them out immediately, no work to be done. Most investment properties on the market are old and are in need of major renovations. It's very difficult to find an income property that is as nice as this one, no one is building them anymore. Live in the main house and rent out the back 2 units to pay the mortgage. Or Airbnb one, two, or all three. There are no recorded covenants or restrictions from the city on this property. ***The main house consists of 3 bedrooms and 1 bathroom, very spacious with a remolded kitchen, remolded bathroom, new interior paint, new luxury vinyl waterproof flooring throughout, new recessed lighting, beautiful quartz counter tops, white shaker cabinets, big picture window in the main living area, new exterior stucco, new hvac, new exterior landscaping. ***The 2 additional units in the back are approximately 800 sq ft each and are Brand New Construction. Each has their own private entrance, separate utilities, separate address, separate parking and totally detached and separate from each other. Each unit has 2 bedrooms and two bathrooms. (Yes 2 bathrooms!) They both have beautiful white shaker cabinets, quartz counter tops, black accent finishes throughout, luxury vinyl waterproof flooring, a/c and heating system, low energy dual pane vinyl windows, new appliances, ceiling fans, and separate room for washer/dryer hookups. These homes were built with 2x6 construction something not heard of in California, your tenants will appreciate having lower utility bills due to the extra thick insulated walls, insulated ceilings and roofs. You can't find these types of upgrades in any of the units that are being sold today. All units are separately metered and permitted. The owner only pays water. Riverside is thriving, close to Downtown Riverside, UCR, Riverside Community Hospital, Riverside Community College, Riverside Shopping Plaza. This property is truly a rarity and a gem and will not last because it is simply One of a Kind !

Last Agent to Sell the Property

ROBIN RICHARD

INLAND CITIES REALTY Brokerage Phone: 951-642-3642 License #01194371 Listed on: 04/06/2025

Last Buyer's Agent

Joelle Kfoury

DYNASTY REAL ESTATE License #02237707

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2025

Lot Details

  • 7,405 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 2,708 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Location

  • Suburban Location

Utilities

  • Central Heating
  • 220 Volts

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 20 / 2
  • Assessor Parcel Number 229032010

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 2025

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Zoning: R1065
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 229032010
  • Year Built: 2025
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 443.13

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Electricity Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range, Microwave
  • Electric: 220 Volts
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Lot Size Area: 7405.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 314.01
  • Tax Lot: 20
  • Tax Tract Number: 0000

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2025
Sold by
Bought by
Current Estimated Value
$1,128,081

Purchase Details

Listed on
Apr 6, 2025
Closed on
Jun 11, 2025
Sold by
Bought by
Seller's Agent
ROBIN RICHARD
INLAND CITIES REALTY
Buyer's Agent
Joelle Kfoury
DYNASTY REAL ESTATE
List Price
$1,350,000
Sold Price
$1,200,000
Premium/Discount to List
-$150,000
-11.11%
Views
79

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.51%
Original Mortgage
$940,000
Interest Rate
0.0676%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 6, 2025
Closed on
May 28, 2025
Sold by
Bought by
Seller's Agent
ROBIN RICHARD
INLAND CITIES REALTY
Buyer's Agent
Joelle Kfoury
DYNASTY REAL ESTATE
List Price
$1,350,000
Sold Price
$1,200,000
Premium/Discount to List
-$150,000
-11.11%
Views
79

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,000
Interest Rate
0.0676%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 16, 2024
Closed on
May 29, 2024
Sold by
Bought by
Seller's Agent
Sheri Comeau
REDFIN
Buyer's Agent
Sheri Comeau
REDFIN
List Price
$498,000
Sold Price
$510,000
Premium/Discount to List
$12,000
2.41%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
127.68%
Original Mortgage
$450,000
Interest Rate
0.071%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2005
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- Stewart Title Of California
$1,200,000 Stewart Title Of California
$510,000 Title Forward
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,000,000
Previous Owner $940,000
Previous Owner $80,000
Previous Owner $713,280
Previous Owner $450,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/20/2025 06/20/25 Sold $1,200,000 -7.6% $443 / Sq Ft
05/22/2025 05/22/25 Pending -- -- --
05/03/2025 05/03/25 Price Changed $1,299,000 -3.8% $480 / Sq Ft
04/06/2025 04/06/25 For Sale $1,350,000 +164.7% $499 / Sq Ft
06/04/2024 06/04/24 Sold $510,000 +2.4% $459 / Sq Ft View Prior Sale
05/20/2024 05/20/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $498,000 -- $449 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,234 $520,200 $158,100 $362,100
2024 $1,234 $106,649 $38,379 $68,270
2023 $1,234 $104,559 $37,627 $66,932
2022 $1,206 $102,510 $36,890 $65,620
2021 $1,206 $100,501 $36,167 $64,334
2020 $1,197 $99,472 $35,797 $63,675
2019 $1,175 $97,523 $35,096 $62,427
2018 $1,153 $95,611 $34,409 $61,202
2017 $1,134 $93,737 $33,735 $60,002
2016 $1,065 $91,900 $33,074 $58,826
2015 $1,049 $90,522 $32,578 $57,944
2014 $1,039 $88,751 $31,941 $56,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV25074030

California Regional Multiple Listing Service (CRMLS)

APN: 229-032-010

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