NOT LISTED FOR SALE

3948 Brockton Ave Riverside, CA 92501

Downtown Riverside Neighborhood
2 Beds
2 Baths
3,940 Sq Ft
0.33 Acres

Last Sold November 18, 2019

Last sale price $1,025,000 $260 Per Sq Ft

26 Days on Market

Highlights

  • Private Yard
  • Laundry Room
  • 2-minute walk to White Park
  • Polytechnic High School Rated A-

About This Home

As of November 2019

PRIDE OF OWNERSHIP!!!! 6 Unit One-Story units. Zero vacancies. Charming 1953 units in parklike setting. Each unit has been updated at varies times from 2014-2017. The units are large (approximately 650 sq. ft.) 1 bedroom/1baths. The Seller has maintained the original charm of the building. High average rent of $1,100 per unit. Within walking distance to the Mission Inn!! In OPPORTUNITY ZONE. This area is red hot with new mixed-used, Hotel, Residential and Commercial developments going up nearby.

Last Agent to Sell the Property

Ruben Martinez

Fiduciary Real Estate Services License #01027549 Listed on: 08/23/2019

Co-Listed By

Logan Martinez

Fiduciary Real Estate Services License #01960924

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 0.33 Acre Lot
  • No Common Walls
  • Private Yard

Home Design

  • 3,940 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 10 / 9
  • Assessor Parcel Number 214311004

Community Details

Overview

  • 5 Buildings
  • 6 Units

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 7 Separate Water Meters
  • Gardener Expense $2,700
  • Insurance Expense $1,918
  • Maintenance Expense $3,000
  • Trash Expense $1,320
  • Water Sewer Expense $1,200
  • New Taxes Expense $3,583
  • Operating Expense $13,721
  • Gross Income $82,620
  • Net Operating Income $68,899

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1200.00
  • Zoning: RO
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Gardener Expense: 2700.00
  • Parcel Number: 214311004
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 260.15

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1320.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 14300.00
  • Lot Size Acres: 0.3283

Multi Family

  • Gross Income: 82620.00
  • Gross Scheduled Income: 82620.00
  • Insurance Expense: 1918.00
  • Lot Size Area: 14300.0000 Square Feet
  • Maintenance Expense: 3000.00
  • Net Operating Income: 68899.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 7
  • Number Of Units Total: 6
  • Operating Expense: 13721.00
  • Other Income1: 4320.00
  • Other Income Description: Storage
  • Rent Control: No
  • Total Expenses: 13721.00

Tax Info

  • New Taxes Expense: 3583.00
  • Tax Block: 9
  • Tax Census Tract: 303.00
  • Tax Lot: 10

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
11/18/2019 11/18/19 Sold $1,025,000 -2.4% $260 / Sq Ft
09/18/2019 09/18/19 Pending -- -- --
08/23/2019 08/23/19 For Sale $1,050,000 -- $266 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Ruben Martinez

    Seller's Agent in 2019

    Ruben Martinez

    Fiduciary Real Estate Services

    (714) 371-3269

    177 Total Sales

    Ruben Martinez
    Section Image
  • Logan Martinez

    Seller Co-Listing Agent in 2019

    Logan Martinez

    Fiduciary Real Estate Services

    (949) 273-8169

    165 Total Sales

    Logan Martinez
    Section Image

  • N

    Buyer's Agent in 2019

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    1 in this area

    5,573 Total Sales

    NoEmail NoEmail
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19204896

California Regional Multiple Listing Service (CRMLS)

APN: 214-311-004

California Riverside County Riverside 92501 Downtown Riverside

3948 Brockton Ave, Riverside, CA

This home is located at 3948 Brockton Ave, Riverside, CA 92501 since 23 August 2019. This property was built in 1953. 3948 Brockton Ave 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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