Daniel Gray
First Team Real Estate
(657) 500-0995
22 Total Sales
1 in Magnolia Center
$600,000 Price
3577 Mckinley St Riverside, CA 92506
Magnolia Center NeighborhoodEstimated Value: $788,977
7
Beds
5
Baths
2,708
Sq Ft
$291/Sq Ft
Est. Value
Highlights
- No HOA
- Central Heating
- 1-Story Property
- Laundry Room
- Vinyl Flooring
About This Home
As of June 2025WE 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
INLAND CITIES REALTY Brokerage Phone: 951-642-3642 License #01194371 Listed on: 04/06/2025
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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
Amenities
- Laundry Facilities
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
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
Kakularam Amarendranath Reddy
Bought by
Current Estimated Value
Purchase Details
Listed on
Apr 6, 2025
Closed on
Jun 11, 2025
Sold by
Maram Jyotsna
Bought by
Kakularam Amarendranath R
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
-28.69%
Original Mortgage
$940,000
Interest Rate
6.76%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 6, 2025
Closed on
May 28, 2025
Sold by
Steele Group Llc
Bought by
Kakularam Amarendranath R
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
6.76%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 16, 2024
Closed on
May 29, 2024
Sold by
William And Nanette Egetter Living Trust and Egetter William Patrick
Bought by
Steele Group Llc
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
7.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 10, 2005
Sold by
Egetter William Patrick
Bought by
Egetter William P and Egetter Nanette Prince
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Magnolia Center, CA
-
Daniel Gray
-
Pedro Torres Jr.
Pedro Torres Jr.
First Class Platinum Brokers
(562) 392-3404
121 Total Sales
1 in Magnolia Center
$679,000 Price
-
Marino Morales
Marino Morales
BETTER HOMES AND GARDENS REAL ESTATE CHAMPIONS
(951) 476-2542
39 Total Sales
1 in Magnolia Center
$560,000 Price
-
Nicole Jones
Nicole Jones
HOMESMART, EVERGREEN REALTY
(909) 443-1851
168 Total Sales
4 in Magnolia Center
$540K - $599K Price Range
-
SUSAN BENSON
SUSAN BENSON
Responds QuicklyHOMESMART, EVERGREEN REALTY
(951) 307-1620
29 Total Sales
1 in Magnolia Center
$540,000 Price
-
Michael Barragan
Michael Barragan
AMERIPRIDE PROPERTIES
(909) 442-1231
44 Total Sales
1 in Magnolia Center
$585,000 Price
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 | ||
| Kakularam Amarendranath R | -- | Stewart Title Of California | |
| Kakularam Amarendranath R | $1,200,000 | Stewart Title Of California | |
| Steele Group Llc | $510,000 | Title Forward | |
| Egetter William P | -- | -- |
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 | Kakularam Amarendranath R | $940,000 | |
| Previous Owner | Steele Group Llc | $80,000 | |
| Previous Owner | Steele Group Llc | $713,280 | |
| Previous Owner | Steele Group Llc | $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 |
|---|---|---|---|---|
| 2026 | $5,839 | $1,224,000 | $367,200 | $856,800 |
| 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
-
ROBIN RICHARD
RR
Seller's Agent in 2025
ROBIN RICHARD
INLAND CITIES REALTY
(951) 642-3642
5 in this area
16 Total Sales
-
Joelle Kfoury
JK
Buyer's Agent in 2025
Joelle Kfoury
DYNASTY REAL ESTATE
(909) 605-2500
1 in this area
7 Total Sales
-
Sheri Comeau
SC
Seller's Agent in 2024
Sheri Comeau
REDFIN
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV25074030
APN: 229-032-010
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.
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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