NOT LISTED FOR SALE

Estimated Value: $797,000 - $833,000

6 Beds
4 Baths
2,476 Sq Ft
$330/Sq Ft Est. Value

Last Sold July 10, 2023

Last sale price $749,000 $303 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,133/month

5 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Laundry Room

About This Home

As of July 2023

Located in one of the best areas of Riverside, this duplex is perfect for investors or owner-occupied homeowners. This duplex is rarely on the market.
Each unit has 3 Bedrooms and 2 Bathrooms (approximately 1200 square feet each) including inside laundry and Garage and large backyard area. In each unit the master bathrooms have been recentyly remodeled. This duplex is located closely to the Tyler Mall, plenty of shopping and dining and freeways nearby.

Last Agent to Sell the Property

Lynda Barrett

Berkshire Hathaway HomeServices California Properties License #01399102 Listed on: 05/28/2023

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Tiffany Oertel

Berkshire Hathaway HomeServices California Properties License #02130219

Last Buyer's Agent

Oriana Baca

REDFIN License #02135595

REDFIN

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,261

Year Built

  • Built in 1978

Lot Details

  • 10,454 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Driveway

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

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

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, exterior maintenance, gas, trash collection
  • Tax Lot 6
  • Tax Tract Number 8837
  • Assessor Parcel Number 234073001
  • $65 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $660
  • Insurance Expense $1,380
  • Other Expense $3,212
  • Professional Management Expense $3,276
  • Water Sewer Expense $1,440
  • Operating Expense $7,180
  • Gross Income $46,800
  • Net Operating Income $36,672

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,261

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Price Per Unit: 374500
  • Professional Management Expense: 3276.00
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 1440.00
  • Zoning: R1
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 660.00
  • Parcel Number: 234073001
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Entry Location: front
  • Common Walls: 1 Common Wall
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 302.50

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage Faces Front, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 10454.00
  • Lot Size Acres: 0.2400

Rental Info

  • Tenant Pays: Electricity, Exterior Maintenance, Gas, Trash Collection

Multi Family

  • Average3 Bed Area: 1238 Square Feet
  • Gross Income: 46800.00
  • Gross Scheduled Income: 46800.00
  • Insurance Expense: 1380.00
  • Lot Size Area: 10454.0000 Square Feet
  • Net Operating Income: 36672.00
  • 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
  • Number With Dishwasher: 2
  • Number With Range: 2
  • Operating Expense: 10128.00
  • Other Expense: 3212.00
  • Other Expense Description: taxes
  • Rent Control: No
  • Total Expenses: 7179.60

Tax Info

  • Tax Census Tract: 316.01
  • Tax Lot: 6
  • Tax Tract Number: 8837
  • TaxOtherAnnualAssessmentAmount: 65.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2023
Sold by
Tran Tien and Quinn Thuc
Bought by
Tien Tran And Quinn Thuc Nguyen Family Trust and Nguyen
Current Estimated Value
$817,388

Purchase Details

Closed on
Apr 1, 2021
Sold by
Borrelli Michael
Bought by
Borrelli Michael Joseph and Borrelli Christine W

Purchase Details

Closed on
Aug 24, 2020
Sold by
Borrelli Michael and Borrelli David
Bought by
Borrelli Michael
Source: Public Records

Range of Values:

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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
Borrelli Michael Joseph -- None Available
Borrelli Michael -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2023 07/10/23 Sold $749,000 0.0% $303 / Sq Ft
06/03/2023 06/03/23 Pending -- -- --
05/28/2023 05/28/23 For Sale $749,000 -- $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 $8,261 $763,980 $204,000 $559,980
2023 $8,261 $288,548 $72,122 $216,426
2022 $3,212 $282,891 $70,708 $212,183
2021 $5,830 $515,283 $75,777 $439,506
2020 $3,153 $274,502 $68,612 $205,890
2019 $3,094 $269,120 $67,267 $201,853
2018 $3,034 $263,845 $65,949 $197,896
2017 $2,981 $258,672 $64,656 $194,016
2016 $2,791 $253,601 $63,389 $190,212
2015 $2,751 $249,793 $62,438 $187,355
2014 $2,725 $244,902 $61,216 $183,686
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23086187

California Regional Multiple Listing Service (CRMLS)

APN: 234-073-001