NOT LISTED FOR SALE
14 Beds
8 Baths
7,340 Sq Ft
10,018 Sq Ft Lot

Sale Details

Date Sold: March 16, 2026

Last sale price $1,670,000 $228 Per Sq Ft

110 Days on Market

Highlights

  • Library
  • Central Heating and Cooling System
  • Bike Trail
  • Lake Hills Elementary School Rated A-
  • Ceiling Fan
  • Laundry Facilities

About This Home

As of March 2026

Exceptional 8-unit 4 (1 bed 1 bath) 2 (2 bed 1 bath) & 2 (3 bed 1 1/2 bath) multifamily property located in the City of Riverside, offering strong rental appeal and desirable amenities. The community features a shared laundry room equipped with an additional water heater, in addition to one main shared water heaters servicing 4 units. The other 4 units have an in-apartment water heater. Each unit is fitted with its own central A/C, providing reliable comfort for tenants. The property also includes 10 garages, plus 4 additional parking spaces offering ample parking options. For added convenience and storage flexibility, there are two on-site storage areas that can be used for maintenance, tenant storage, or rental income potential. This is a rare opportunity to own a well-equipped income-producing property with valuable infrastructure and long-term upside.

Last Agent to Sell the Property

Ramon Sanchez

Century 21 Allstars Brokerage Phone: 562-715-3103 License #01104461 Listed on: 10/17/2025

Century 21 Allstars

Last Buyer's Agent

Maximillian Ortiz

Corona Homes Realty License #01316854

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 10,018 Sq Ft Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Parking

  • 10 Car Garage

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 7,340 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Library

Kitchen

  • Six Burner Stove
  • Range Hood

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 8 Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 3466
  • Assessor Parcel Number 135151003

Community Details

Recreation

  • Bike Trail

Building Details

  • 6 Leased Units
  • Rent Control
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 8 Separate Water Meters
  • Electric Expense $2,274
  • Fuel Expense $1,999
  • Insurance Expense $13,000
  • Trash Expense $2,010
  • Water Sewer Expense $6,655
  • Operating Expense $26,000
  • Gross Income $75
  • Net Operating Income $142,720

Additional Features

  • 8 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

10,018 Sq Ft Lot

Parking

10

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 6655.00
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 135151003
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 227.52
  • Room Type: Library, Kitchen

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 10.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Range Hood
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 2010.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Biking, Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 10018.00
  • Lot Size Acres: 0.2300

Rental Info

  • Garage Rental Rate: 75.00

Multi Family

  • Electric Expense: 2274.00
  • Fuel Expense: 1999.40
  • Garage Income: 75.00
  • Gross Income: 75.00
  • Gross Scheduled Income: 168720.00
  • Insurance Expense: 13000.00
  • Lot Size Area: 10018.0000 Square Feet
  • Net Operating Income: 142720.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 8
  • Number Of Units Leased: 6
  • Number Of Units Total: 8
  • Operating Expense: 26000.00
  • Rent Control: Yes
  • Total Expenses: 26000.00

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: 3466

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2025
Closed on
Feb 17, 2026
Sold by
Bought by
Seller's Agent
Ramon Sanchez
Century 21 Allstars
Buyer's Agent
Maximillian Ortiz
Corona Homes Realty
List Price
$1,699,900
Sold Price
$1,670,000
Premium/Discount to List
-$29,900
-1.76%
Views
439

Purchase Details

Closed on
Aug 11, 2021
Sold by
Bought by

Purchase Details

Closed on
Oct 31, 2018
Sold by
Bought by

Purchase Details

Closed on
Jun 26, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$655,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 9, 2010
Sold by
Bought by

Purchase Details

Closed on
Oct 16, 2008
Sold by
Bought by

Purchase Details

Closed on
Oct 10, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,735
Interest Rate
6.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 12, 2003
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Riverside, CA

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$835,000 Fidelity National Title
-- Accommodation
-- None Available
$1,400,000 First American Title Insuran
-- None Available
-- Accommodation
$38,000 None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $655,000
Previous Owner $120,735
Previous Owner $190,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/16/2026 03/16/26 Sold $1,670,000 -1.7% $228 / Sq Ft
12/26/2025 12/26/25 Price Changed $1,699,000 -5.6% $231 / Sq Ft
10/17/2025 10/17/25 Price Changed $1,799,000 +5.8% $245 / Sq Ft
10/17/2025 10/17/25 For Sale $1,699,900 -- $232 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $18,793 $1,537,051 $243,546 $1,293,505
2025 $18,198 $1,506,914 $238,771 $1,268,143
2023 $18,198 $1,448,400 $229,500 $1,218,900
2022 $16,772 $1,420,000 $225,000 $1,195,000
2021 $17,010 $1,442,794 $154,585 $1,288,209
2020 $16,728 $1,428,000 $153,000 $1,275,000
2019 $16,505 $1,400,000 $150,000 $1,250,000
2018 $7,282 $604,050 $122,410 $481,640
2017 $7,145 $592,207 $120,010 $472,197
2016 $7,025 $580,596 $117,657 $462,939
2015 $6,925 $571,877 $115,891 $455,986
2014 $6,900 $560,676 $113,622 $447,054
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW25226777

California Regional Multiple Listing Service (CRMLS)

APN: 135-151-003

Your Personal Tour Guide

Ask me questions while you tour the home.