NOT LISTED FOR SALE

3624 Locust St Riverside, CA 92501

Downtown Riverside Neighborhood
6 Beds
-- Bath
3,500 Sq Ft
8,712 Sq Ft Lot

Last Sold August 22, 2022

Last sale price $1,006,000 $287 Per Sq Ft

3 Days on Market

Highlights

  • Park
  • Laundry Room
  • Central Heating
  • Polytechnic High School Rated A-

About This Home

As of August 2022

Amazing opportunity! This is a 5 plex in the desirable historical area of Riverside. This lot has 2 buildings and 2 meters. the front house is a 2 bedroom 1 bath, and 1 bedroom 1 bath with a den. The back unit is 3 i bedroom 1 bath units with a 3 car garage in the back. Hurry as this one will not last long.

Last Agent to Sell the Property

Jeff Davidson

First Team Real Estate License #01754672 Listed on: 07/30/2022

First Team Real Estate

Last Buyer's Agent

Ken Ishiki

Lyon Stahl Investment Real Estate License #01438720

Lyon Stahl Investment Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1937

Lot Details

  • 8,712 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Interior Spaces

  • 6 Bedrooms
  • 3,500 Sq Ft Home
  • Living Room with Fireplace
  • Laundry Room

Utilities

  • Central Heating

Listing and Financial Details

  • Legal Lot and Block 11 / 6
  • Tax Tract Number 1
  • Assessor Parcel Number 214192004
  • $181 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 5 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $50
  • Insurance Expense $150
  • Trash Expense $50
  • Water Sewer Expense $50
  • Operating Expense $300
  • Gross Income $5,950
  • Net Operating Income $200

Property Details

Home Type

Multi-Family

Year Built

Built in 1937

Lot Details

0

Parking

3

Listing Details

  • Price Per Unit: 199960
  • Property Attached: No
  • Water Sewer Expenses: 50.00
  • Zoning: R1065
  • Property Type: Residential Income
  • Parcel Number: 214192004
  • Year Built: 1937
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Living Room
  • Price Per Square Foot: 287.43

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 50.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Multi Family

  • Average1 Bed Area: 1 Square Feet
  • Average2 Bed Area: 1 Square Feet
  • Average3 Bed Area: 1 Square Feet
  • Average Studio Area: 800 Square Feet
  • Electric Expense: 50.00
  • Gross Income: 5950.00
  • Gross Scheduled Income: 6350.00
  • Insurance Expense: 150.00
  • Lot Size Area: 8712.0000 Square Feet
  • Net Operating Income: 200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 5
  • Operating Expense: 200.00
  • Rent Control: No
  • Total Expenses: 300.00

Tax Info

  • Tax Block: 6
  • Tax Census Tract: 302.00
  • Tax Lot: 11
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 181.00

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

Property History

Date Event Price Change Sq Ft Price
08/22/2022 08/22/22 Sold $1,006,000 +0.6% $287 / Sq Ft
08/02/2022 08/02/22 Pending -- -- --
07/30/2022 07/30/22 For Sale $999,800 -- $286 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jeff Davidson

    Seller's Agent in 2022

    Jeff Davidson

    First Team Real Estate

    (916) 529-1706

    2 in this area

    82 Total Sales

    Jeff Davidson
    Section Image
  • Ken Ishiki

    Buyer's Agent in 2022

    Ken Ishiki

    Lyon Stahl Investment Real Estate

    (562) 755-5010

    5 in this area

    24 Total Sales

    Ken Ishiki
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG22167768

California Regional Multiple Listing Service (CRMLS)

APN: 214-192-004

California Riverside County Riverside 92501 Downtown Riverside

3624 Locust St, Riverside, CA

This home is located at 3624 Locust St, Riverside, CA 92501 since 30 July 2022. This property was built in 1937. 3624 Locust St is a home located in Riverside County with nearby schools including Bryant Elementary, Central Middle School, and Polytechnic High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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