Seller's Agent in 2023
Raul Castaneda
Pacific Avenue Realty
(949) 257-2415
22 Total Sales
3633 Kansas Ave Riverside, CA 92507
Eastside Neighborhood
6
Beds
3
Baths
2,008
Sq Ft
0.33
Acres
Highlights
- RV Access or Parking
- Craftsman Architecture
- No HOA
- 0.33 Acre Lot
- Lawn
- Accessible Parking
About This Home
As of December 2022****TRIPLEX ****Opportunity Knocks!!! Here’s a rare and unique opportunity to own this beautiful triplex in the heart of Riverside, this property has a huge upside to generate rental income, you can live in one of the units and rent out the others. The home is in downtown Riverside and it is centrally located to all amenities, close to shopping centers, Fairmont Park, the Mission Inn, UCR(1.8 miles from home), Riverside City College, the 60 freeway, the 91 freeway with a quick interchange to the 10 and 215 freeway. This is the perfect commuter property. As you walk up to the home you will be greeted by a beautifully manicured yard with nice curb appeal and for the added WOW factor it has a sprawling double driveway with spacious parking to accommodate the three units. The units offer nice amenities and a comfortable living space, they are perfect for families looking for nice affordable living conditions. The property has three detached garages two on one side of the property and a single garage on the other side of property, they can be used to park cars or for extra storage. The property is nicely centered on both lots, it’s pushed back from the street, which gives the home plenty of privacy with a nice size front yard. The backyard has a parklike feeling, plenty of mature trees for shade and bearing fruit trees, what a great place to relax! In addition, a nice portion of the backyard has been cemented and has a landscaped backyard for the kids to play. This home is a great place to generate rental income and possibly convert it into a quadraplex by building a spacious ADU…. Just imagine the possibilities… This property is definitely unique and has a lot of potential, it has two lots with its own APN#’s, it has the potential to add an ADU up to 1,200 sq ft (for concise requirements check with the city) and you would still have plenty of yard space for the tenants to enjoy the outdoors****Both Lots Are Being Sold Contiguously****(House APN# 211-104-018) and (Lot APN# 211-104-017)****Total Lot size between both APN’s is 14,375 sq ft***Both Lots Are Being Sold Contiguously****
*** Calculations are based on pro-forma rent *** Property will be delivered vacant ***
Last Agent to Sell the Property
BERKSHIRE HATH HM SVCS CA PROP License #01761480 Listed on: 04/08/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,997
Year Built
- Built in 1907
Lot Details
- 0.33 Acre Lot
- Two or More Common Walls
- Chain Link Fence
- Landscaped
- Lawn
- Density is 2-5 Units/Acre
- 211-104-017
Parking
- 3 Car Garage
- Parking Available
- Front Facing Garage
- Combination Of Materials Used In The Driveway
- Shared Driveway
- Driveway Level
- RV Access or Parking
Home Design
- Triplex
- Craftsman Architecture
- Raised Foundation
- Shingle Roof
Interior Spaces
- 2,008 Sq Ft Home
- Living Room with Fireplace
Flooring
- Carpet
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Utilities
- Wall Furnace
- Natural Gas Connected
Additional Features
- Accessible Parking
- Exterior Lighting
- Suburban Location
Listing and Financial Details
- Tenant pays for electricity, gas, trash collection
- Legal Lot and Block 9 / 141
- Tax Tract Number 305
- Assessor Parcel Number 211104018
- $88 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- 3 Leased Units
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Gross Income $5,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 7, 2022
Sold by
Fernando Mendez and Fernando Maria L
Bought by
Chopra Rajan and Chopra Meha
Current Estimated Value
Purchase Details
Closed on
Sep 9, 2003
Sold by
Mendez Fernando and Mendez Maria L
Bought by
Mendez Fernando and Mendez Maria L
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $625,000 | Wfg National Title | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/01/2023 04/01/23 | Rented | $1,750 | -5.4% | -- |
| 03/17/2023 03/17/23 | Under Contract | -- | -- | -- |
| 03/07/2023 03/07/23 | For Rent | $1,850 | 0.0% | -- |
| 12/16/2022 12/16/22 | Sold | $625,000 | -3.8% | $311 / Sq Ft |
| 11/03/2022 11/03/22 | Price Changed | $650,000 | 0.0% | $324 / Sq Ft |
| 11/03/2022 11/03/22 | For Sale | $650,000 | +4.0% | $324 / Sq Ft |
| 09/14/2022 09/14/22 | Off Market | $625,000 | -- | -- |
| 09/14/2022 09/14/22 | Pending | -- | -- | -- |
| 08/03/2022 08/03/22 | Price Changed | $730,000 | -5.8% | $364 / Sq Ft |
| 04/08/2022 04/08/22 | For Sale | $775,000 | -- | $386 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $5,997 | $552,451 | $97,797 | $454,654 |
| 2023 | $5,997 | $531,000 | $94,000 | $437,000 |
| 2022 | $4,686 | $415,000 | $59,000 | $356,000 |
| 2021 | $1,357 | $113,785 | $24,106 | $89,679 |
| 2020 | $1,347 | $112,619 | $23,859 | $88,760 |
| 2019 | $1,323 | $110,412 | $23,392 | $87,020 |
| 2018 | $1,298 | $108,248 | $22,934 | $85,314 |
| 2017 | $1,276 | $106,127 | $22,485 | $83,642 |
| 2016 | $1,198 | $104,047 | $22,045 | $82,002 |
| 2015 | $1,181 | $102,486 | $21,715 | $80,771 |
| 2014 | $1,169 | $100,481 | $21,291 | $79,190 |
Source: Public Records
Agents Affiliated with this Home
-
Raul Castaneda
-
NoEmail NoEmail
N
Buyer's Agent in 2023
NoEmail NoEmail
None MRML
(646) 541-2551
1 in this area
5,927 Total Sales
-
MARTHA CERVANTES
M
Seller's Agent in 2022
MARTHA CERVANTES
BERKSHIRE HATH HM SVCS CA PROP
(909) 980-3100
2 in this area
48 Total Sales
-
Prashant Sampat
Buyer's Agent in 2022
Prashant Sampat
Pacific Avenue Realty
(562) 841-0227
6 in this area
220 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV22069091
APN: 211-104-018
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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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