NOT LISTED FOR SALE

4042 Mennes Ave Riverside, CA 92509

10 Beds
7 Baths
5,416 Sq Ft
0.45 Acres

Last Sold December 04, 2013

Last sale price $680,000 $126 Per Sq Ft

12 Days on Market

Highlights

  • 0.45 Acre Lot
  • No HOA
  • 1-Story Property

About This Home

As of December 2013

STANDARD SALE - LARGE PARCEL WITH SIX SEPARATE SINGLE FAMILY HOMES 3 WITH ATTACHED 1-CAR GARAGE THE REST WITH OPEN PARKING. ROOF WAS REPLACED 4 YEARS AGO, EXCELLENT BREAD & BUTTER INVESTMENT . DRIVE-BY ONLY - DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Silio Lazaro

Pacific & Co Real Estate Solut License #00783067 Listed on: 08/14/2013

Last Buyer's Agent

Silio Lazaro

Pacific & Co Real Estate Solut License #00783067 Listed on: 08/14/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 0.45 Acre Lot
  • No Common Walls

Parking

  • 3 Car Garage
  • Parking Available
  • Assigned Parking

Interior Spaces

  • 5,416 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 7 Bathrooms

Additional Features

  • Exterior Lighting
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 5455
  • Assessor Parcel Number 181101033

Community Details

Overview

  • No Home Owners Association
  • 6 Buildings
  • 6 Units

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,800
  • Trash Expense $720
  • Water Sewer Expense $4,800
  • New Taxes Expense $9,063
  • Gross Income $65,400
  • Net Operating Income $49,018

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Other Phone Description: 818-363-3295
  • Property Attached: No
  • Water Sewer Expenses: 4800.00
  • Property Type: Residential Income
  • Parcel Number: 181101033
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 125.55

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 11.00

Utilities

  • Utilities: Sewer Connected
  • Sewer: Sewer Paid
  • Trash Expense: 720.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 19785.00
  • Lot Size Acres: 0.4540

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 736
  • Average2 Bed Area: 740
  • Average3 Bed Area: 1448
  • Gross Income: 65400.00
  • Gross Scheduled Income: 65400.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 19785.0000 Square Feet
  • Net Operating Income: 49018.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Number With Range: 6
  • Number With Refrigerator: 6
  • Operating Expense: 16383.00
  • Rent Control: No
  • Total Actual Rent: 5450.00

Tax Info

  • New Taxes Expense: 9063.00
  • Tax Lot: 5455
  • Tax Tract Number: 00000
  • Tax Year: 2012

Range of Values:

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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
12/04/2013 12/04/13 Sold $680,000 -6.2% $126 / Sq Ft
08/26/2013 08/26/13 Pending -- -- --
08/14/2013 08/14/13 For Sale $725,000 -- $134 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR13165660

California Regional Multiple Listing Service (CRMLS)

APN: 181-101-033