NOT LISTED FOR SALE

Estimated Value: $725,814 - $1,086,000

3 Beds
3 Baths
1,800 Sq Ft
$461/Sq Ft Est. Value

Last Sold December 06, 2021

Last sale price $630,000 $350 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,954/month

2 Days on Market

Highlights

  • Updated Kitchen
  • Corner Lot
  • No HOA
  • Modern Architecture
  • Granite Countertops
  • Eat-In Kitchen

About This Home

As of December 2021

CASH FLOW!! This Renovated Triplex will make a great addition to your portfolio. The property is located just minutes away from Downtown Riverside near the 60 & 91 freeway in a high rental demand area. All 3 units are tenant occupied... the third units was recently renovated!!! The property sits on a 9000+ sq ft lot with plenty of parking for up to 10 cars in the front, and has been carefully maintained by the current owners, recent upgrades include, new roof, new paint, double-pane windows, new fence, tankless water heaters, updated kitchens, bathrooms, laminate floors, granite counter tops, and more. New or experienced investors... this is a must see!!!

Last Agent to Sell the Property

Mauricio Roque

Real Broker License #01938342 Listed on: 10/30/2021

Co-Listed By

Princess Escoto

eXp Realty of California Inc License #02066563

Last Buyer's Agent

Vanessa Burtle

Real Broker License #01867404

Real Broker

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 9,583 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • New Fence
  • Corner Lot
  • Irregular Lot
  • Density is 2-5 Units/Acre

Home Design

  • Triplex
  • Modern Architecture
  • Turnkey
  • Slab Foundation
  • Asbestos Shingle Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Living Room
  • Storage
  • Laminate Flooring
  • Rock Views

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Built-In Range
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 9 Open Parking Spaces
  • 9 Parking Spaces
  • Parking Available
  • Private Parking
  • Unpaved Parking
  • Parking Lot

Outdoor Features

  • Patio
  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Cooling System Mounted To A Wall/Window
  • Private Water Source
  • Tankless Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 179192018
  • $165 per year additional tax assessments

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Structure Type: Triplex
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • View: Yes
  • Zoning: R-2
  • Architectural Style: Modern
  • Property Condition: Turnkey
  • Property Sub Type: Triplex
  • Property Type: Residential
  • Parcel Number: 179192018
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1800.00 Square Feet
  • Interior Amenities: Copper Plumbing Full, Storage
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: In Kitchen
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 350.00
  • Room Type: All Bedrooms Down, Kitchen, Living Room
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Remodeled
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Storage
  • View: Rocks
  • Fence: Yes
  • Fencing: New Condition, Wood
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Roof: Asbestos Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Unpaved, On Site, Oversized, Parking Space, Private
  • Total Parking Spaces: 9.00
  • Uncovered Spaces: 9.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Laundry: Yes
  • Appliances: Built-In Range, Disposal, Gas Range, Gas Cooktop, Tankless Water Heater
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Private
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Corner Lot, Irregular Lot
  • Lot Size: 9583
  • Lot Size Sq Ft: 9583.00
  • Lot Size Acres: 0.2200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9583.0000 Square Feet
  • Number Of Units Total: 3

Tax Info

  • Tax Census Tract: 402.04
  • Tax Lot: 18
  • TaxOtherAnnualAssessmentAmount: 165.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2021
Closed on
Dec 1, 2021
Sold by
Burtle John W
Bought by
Burtle Vanessa
Seller's Agent
Mauricio Roque
Real Broker
Buyer's Agent
Vanessa Burtle
Real Broker
List Price
$599,000
Sold Price
$630,000
Premium/Discount to List
$31,000
5.18%
Current Estimated Value
$829,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,454
Avg. Annual Appreciation
7.01%
Original Mortgage
$472,500
Outstanding Balance
$433,563
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$395,891

Purchase Details

Listed on
Oct 30, 2021
Closed on
Nov 9, 2021
Sold by
Hammel Thomas E and Hammel Jami L
Bought by
Yttri Heidi and Burtle Vanessa
Seller's Agent
Mauricio Roque
Real Broker
Buyer's Agent
Vanessa Burtle
Real Broker
List Price
$599,000
Sold Price
$630,000
Premium/Discount to List
$31,000
5.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Outstanding Balance
$433,563
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$395,891

Purchase Details

Closed on
Nov 9, 2018
Sold by
Gomez Erik and Cunanan Alexandria
Bought by
Hammel Thomas E and Hammel Jami L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,700
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 16, 2016
Closed on
Dec 1, 2016
Sold by
She Robin
Bought by
Gomez Erik and Cunanan Alexandria
Seller's Agent
Jenna McCormick
JENNA MC CORMICK, BROKER
Buyer's Agent
Alicia Martinez
Hispana Homes
List Price
$280,000
Sold Price
$250,000
Premium/Discount to List
-$30,000
-10.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.29%
Original Mortgage
$187,500
Interest Rate
4.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 16, 1996
Sold by
Henderson Betty V
Bought by
Henderson Betty
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Burtle Vanessa -- Ticor Title Orange County
Yttri Heidi $630,000 Ticor Title Orange County
Hammel Thomas E $500,000 First American Title
Gomez Erik $250,000 Orange Coast Title Co Socal
Henderson Betty -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yttri Heidi $472,500
Previous Owner Hammel Thomas E $374,700
Previous Owner Gomez Erik $187,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/06/2021 12/06/21 Sold $630,000 +5.2% $350 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
10/30/2021 10/30/21 For Sale $599,000 +139.6% $333 / Sq Ft
01/04/2017 01/04/17 Sold $250,000 0.0% $139 / Sq Ft View Prior Sale
10/27/2016 10/27/16 Pending -- -- --
09/26/2016 09/26/16 Price Changed $250,000 -10.7% $139 / Sq Ft
08/16/2016 08/16/16 For Sale $280,000 -- $156 / 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 $7,291 $668,560 $201,629 $466,931
2023 $7,291 $642,600 $193,800 $448,800
2022 $7,133 $630,000 $157,500 $472,500
2021 $5,946 $514,871 $123,668 $391,203
2020 $5,875 $509,592 $122,400 $387,192
2019 $5,764 $499,600 $120,000 $379,600
2018 $2,983 $255,000 $61,200 $193,800
2017 $1,428 $113,528 $31,830 $81,698
2016 $559 $35,678 $5,095 $30,583
2015 $551 $35,144 $5,019 $30,125
2014 $521 $34,458 $4,922 $29,536
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21234323

California Regional Multiple Listing Service (CRMLS)

APN: 179-192-018