NOT LISTED FOR SALE

Estimated Value: $648,892

5 Beds
3 Baths
2,884 Sq Ft
$225/Sq Ft Est. Value

Sale Details

Date Sold: July 31, 2025

Last sale price $582,500 $202 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,684 / mo

79 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Chain Link Fence
  • No HOA
  • Rectangular Lot
  • Wall Furnace

About This Home

As of July 2025

Exceptional Value-Add Triplex in Prime Riverside Location! Don’t miss this incredible opportunity to own a 3-unit income-producing property just minutes from the heart of Downtown Riverside. Ideal for investors or owner-occupants looking to build equity and maximize rental potential in a high-demand area. Unit 1 (Duplex – Front Building): Spacious 1 bed / 1 bath. Unit 2 (Duplex – Front Building): 2 beds / 1 bath. Unit 3 (Detached Rear Unit): 2 beds / 1 bath. Separate Gas & Electric Meters for each unit – easier management and tenant responsibility. Located in a rapidly developing neighborhood with ongoing city revitalization projects, this property offers excellent upside potential. Just minutes from shopping, restaurants, entertainment, schools, and public transit, the location is ideal for tenants and future growth. Whether you’re looking to expand your portfolio or live in one unit and rent the others, this triplex is a rare find with strong cash flow potential and room to add value through upgrades and rent increases. A must-see investment in one of Riverside’s most promising communities!

Last Agent to Sell the Property

David Limon

Your Home Selling Pros Brokerage Phone: 951-445-0691 License #00908480 Listed on: 04/22/2025

Last Buyer's Agent

Jose Aqueveque

Arroyo Properties, Inc. License #00674496

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 6,534 Sq Ft Lot
  • No Common Walls
  • Chain Link Fence
  • Rectangular Lot

Home Design

  • Triplex
  • Entry on the 1st floor
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 2,884 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Located Outside
  • Gas And Electric Dryer Hookup

Parking

  • Parking Available
  • Off-Site Parking

Outdoor Features

  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 10 / 4
  • Tax Tract Number 303
  • Assessor Parcel Number 213103001
  • $66 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,452
  • Trash Expense $696
  • Water Sewer Expense $552
  • Operating Expense $2,700
  • Gross Income $30,000
  • Net Operating Income $16,713

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 552.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 213103001
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Vinyl, Wood
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 201.98

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Off Site

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, Outside
  • Sewer: Public Sewer
  • Trash Expense: 696.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Rectangular Lot
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500
  • Latitude Manual: 33.98660600

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 30000.00
  • Gross Scheduled Income: 30000.00
  • Insurance Expense: 1452.00
  • Lot Size Area: 6534.0000 Square Feet
  • Net Operating Income: 16713.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 13287.00
  • Rent Control: No
  • Total Expenses: 2700.00

Tax Info

  • Tax Block: 4
  • Tax Census Tract: 303.00
  • Tax Lot: 10
  • Tax Tract Number: 0303
  • TaxOtherAnnualAssessmentAmount: 66.00

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
Apr 22, 2025
Closed on
Jul 17, 2025
Sold by
Bought by
Seller's Agent
David Limon
Your Home Selling Pros
Buyer's Agent
Jose Aqueveque
Arroyo Properties, Inc.
List Price
$725,000
Sold Price
$582,500
Premium/Discount to List
-$142,500
-19.66%
Views
139
Current Estimated Value
$648,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,392
Avg. Annual Appreciation
11.40%

Purchase Details

Closed on
Jul 8, 2005
Sold by
Bought by

Purchase Details

Closed on
Sep 24, 1998
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$582,500 Ticor Title Company
-- --
$80,000 First American Title Co
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
07/31/2025 07/31/25 Sold $582,500 -16.8% $202 / Sq Ft
07/10/2025 07/10/25 Pending -- -- --
05/29/2025 05/29/25 Price Changed $699,900 -3.5% $243 / Sq Ft
04/22/2025 04/22/25 For Sale $725,000 -- $251 / 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 $1,457 $582,500 $130,000 $452,500
2025 $1,411 $125,384 $109,725 $15,659
2023 $1,411 $120,516 $105,465 $15,051
2022 $1,380 $118,154 $103,398 $14,756
2021 $1,376 $115,838 $101,371 $14,467
2020 $1,366 $114,651 $100,332 $14,319
2019 $1,341 $112,404 $98,365 $14,039
2018 $1,316 $110,201 $96,437 $13,764
2017 $1,294 $108,042 $94,547 $13,495
2016 $1,214 $105,925 $92,694 $13,231
2015 $1,197 $104,335 $91,302 $13,033
2014 $1,185 $102,293 $89,514 $12,779
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW25088723

California Regional Multiple Listing Service (CRMLS)

APN: 213-103-001

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