NOT LISTED FOR SALE

3741 Harvill Ln Riverside, CA 92503

6 Beds
4 Baths
7,340 Sq Ft
10,427 Sq Ft Lot

Last Sold August 08, 2017

Last sale price $1,325,000 $181 Per Sq Ft

39 Days on Market

About This Home

As of August 2017

3741 Harvill Lane, an eight-unit apartment building located in Riverside, California. Built in 1975, the property is situated on a 0.24 acre lot and consists of one two-story building. The property offers residents spacious one, two, and three bedroom floorplans. It features ten one-car garages, a storage room, a large on-site laundry facility, and central air conditioning and heating. - Located on Border of Corona and Riverside
- Over $100,000 in Recent Capital Improvements

Last Agent to Sell the Property

Greg Bassirpou

Marcus & Millichap RE Invest Brokerage Email: gbassirpou@marcusmillichap.com License #01365951 Listed on: 04/18/2017

Last Buyer's Agent

John Gessford

Lee & Associates Realty Group License #01137479

Lee & Associates Realty Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 10,427 Sq Ft Lot
  • No Common Walls

Parking

  • 10 Car Garage

Home Design

  • 7,340 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Phone Available
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 3466
  • Assessor Parcel Number 135151006

Community Details

Overview

  • 8 Units

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,772
  • Fuel Expense $2,772
  • Insurance Expense $1,920
  • Trash Expense $1,386
  • Water Sewer Expense $1,386
  • New Taxes Expense $14,795
  • Operating Expense $31,231
  • Gross Income $98,538
  • Net Operating Income $67,307

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0

Parking

10

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1386.00
  • Zoning: R-3
  • Property Type: Residential Income
  • Parcel Number: 135151006
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 180.52

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 10.00
  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
  • Sewer: Public Sewer
  • Trash Expense: 1386.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 10427.00
  • Lot Size Acres: 0.2394
  • Latitude Manual: 33.88473800

Multi Family

  • Average1 Bed Area: 600 Square Feet
  • Average2 Bed Area: 1120 Square Feet
  • Average3 Bed Area: 1350 Square Feet
  • Electric Expense: 2772.00
  • Fuel Expense: 2772.00
  • Garage Income: 2100.00
  • Gross Income: 98538.00
  • Gross Scheduled Income: 98538.00
  • Insurance Expense: 1920.00
  • Laundry Income: 3900.00
  • Lot Size Area: 10427.0000 Square Feet
  • Net Operating Income: 67307.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 31231.00
  • Rent Control: No
  • Total Expenses: 31231.00

Tax Info

  • New Taxes Expense: 14795.00
  • Tax Census Tract: 414.12
  • Tax Lot: 6
  • Tax Tract Number: 3466

Range of Values:

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Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2017 08/08/17 Sold $1,325,000 -1.5% $181 / Sq Ft
05/27/2017 05/27/17 Pending -- -- --
04/18/2017 04/18/17 For Sale $1,345,000 -- $183 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Greg Bassirpou

    Seller's Agent in 2017

    Greg Bassirpou

    Marcus & Millichap RE Invest

    (949) 419-3269

    30 Total Sales

    Greg Bassirpou
    Section Image
  • John Gessford

    Buyer's Agent in 2017

    John Gessford

    Lee & Associates Realty Group

    (949) 278-6645

    10 Total Sales

    John Gessford
    Section Image

  • M

    Buyer Co-Listing Agent in 2017

    Mihir Gandhi (See Notes)

    First Team Real Estate

    (714) 809-3525

    19 Total Sales

    Mihir Gandhi (See Notes)
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17084666

California Regional Multiple Listing Service (CRMLS)

APN: 135-151-006

California Riverside County Riverside 92503

3741 Harvill Ln, Riverside, CA

Not Listed for Sale

MultiFamily

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