NOT LISTED FOR SALE

3982 Mckenzie St Riverside, CA 92503

Arlington Neighborhood
4 Beds
2 Baths
1,730 Sq Ft
6,534 Sq Ft Lot

Last Sold March 11, 2020

Last sale price $450,000 $260 Per Sq Ft

9 Days on Market

Highlights

  • No HOA
  • Detached Carport Space
  • No Heating
  • Laundry Room
  • Rectangular Lot
  • 1-Story Property

About This Home

As of March 2020

Great opportunity int he heart of Riverside, these are great income producing units that have a high demand and they are always occupied.
Front unit has 2 bedrooms and 1 bathroom. Back unit also has 2 bedrooms and 1 bathroom. Please hurry this one wont last. Each unit have their private entrance and separate driveways.

Last Agent to Sell the Property

Jesus Morales

First Team Real Estate License #01757163 Listed on: 02/11/2020

First Team Real Estate

Co-Listed By

Edgar Adame

RE/MAX New Dimension License #01276216

Last Buyer's Agent

Lily Ren

Centaline Investment Inc License #01975449

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 6,534 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot
  • Density is 2-5 Units/Acre
  • Value in Land

Parking

  • 1 Car Garage
  • Detached Carport Space
  • Parking Available
  • Single Garage Door
  • Driveway

Interior Spaces

  • 1,730 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • No Heating
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, electricity, gas, sewer, telephone, trash collection, water
  • Tax Lot 3
  • Tax Tract Number 31602
  • Assessor Parcel Number 191322046

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $480
  • Insurance Expense $786
  • New Taxes Expense $3,301
  • Operating Expense $4,567
  • Gross Income $32,400
  • Net Operating Income $27,833

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Gardener Expense: 480.00
  • Parcel Number: 191322046
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 260.12

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport, Detached Carport, Driveway, Concrete, Garage - Single Door
  • Total Parking Spaces: 1.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Lot 6500-9999, Rectangular Lot, Value In Land, Walkstreet
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Electricity, Gas, Sewer, Telephone, Trash Collection, Water

Multi Family

  • Gross Income: 32400.00
  • Gross Scheduled Income: 32400.00
  • Insurance Expense: 786.07
  • Lot Size Area: 6534.0000 Square Feet
  • Net Operating Income: 27833.21
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 4566.79
  • Rent Control: No
  • Total Expenses: 4566.79

Tax Info

  • New Taxes Expense: 3300.70
  • Tax Census Tract: 316.02
  • Tax Lot: 3
  • Tax Tract Number: 031602

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
03/11/2020 03/11/20 Sold $450,000 +4.7% $260 / Sq Ft
02/20/2020 02/20/20 Pending -- -- --
02/20/2020 02/20/20 For Sale $430,000 -4.4% $249 / Sq Ft
02/19/2020 02/19/20 Off Market $450,000 -- --
02/11/2020 02/11/20 For Sale $430,000 -- $249 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jesus Morales

    Seller's Agent in 2020

    Jesus Morales

    First Team Real Estate

    (714) 376-1212

    77 Total Sales

    Jesus Morales
    Section Image
  • Edgar Adame

    Seller Co-Listing Agent in 2020

    Edgar Adame

    RE/MAX

    (714) 317-2763

    77 Total Sales

    Edgar Adame
    Section Image

  • L

    Buyer's Agent in 2020

    Lily Ren

    Centaline Investment Inc

    (626) 238-8643

    11 Total Sales

    Lily Ren
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20030563

California Regional Multiple Listing Service (CRMLS)
California Riverside County Riverside 92503 Arlington

3982 Mckenzie St, Riverside, CA

Not Listed for Sale

MultiFamily

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