NOT LISTED FOR SALE

4053 Rubidoux Blvd Riverside, CA 92509

Rubidoux Neighborhood

Estimated Value: $484,675 - $888,000

5 Beds
3 Baths
2,123 Sq Ft
$294/Sq Ft Est. Value

Last Sold May 20, 2019

Last sale price $320,000 $151 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $3,602/month

57 Days on Market

Highlights

  • RV Access or Parking
  • Foothills
  • Front Yard
  • Laundry Room
  • No Heating
  • 1-Story Property

About This Home

As of May 2019

Two on a lot, Front house is 1318 sq. ft. of living space, 3 bed two bath, Needs some work. /Back house is 805 sq. ft. 2 bed 1 bath also needs work. Both houses have separate meters and addresses. Properties are tenant occupied now. Very close to most services and very close to Downtown Riverside. Lots of potential, rare find.

Last Agent to Sell the Property

Abel Rios

Abel Rios, Broker License #01376194 Listed on: 02/13/2019

Abel Rios, Broker

Last Buyer's Agent

Abel Rios

Abel Rios, Broker License #01376194 Listed on: 02/13/2019

Abel Rios, Broker

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 7,841 Sq Ft Lot
  • Two or More Common Walls
  • Front Yard

Parking

  • 1 Car Garage
  • Parking Available
  • Side Facing Garage
  • Driveway
  • RV Access or Parking

Home Design

  • Property Attached

Interior Spaces

  • 2,123 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Utilities

  • No Heating

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 42
  • Tax Tract Number 402
  • Assessor Parcel Number 181071016

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Foothills

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $75
  • New Taxes Expense $147
  • Operating Expense $222
  • Gross Income $1,750
  • Net Operating Income $1,750

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • Zoning: R-2
  • Property Type: Residential Income
  • Parcel Number: 181071016
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 150.73

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage Faces Side, RV Access/Parking
  • Total Parking Spaces: 1.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Foothills

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 1750.00
  • Gross Scheduled Income: 2200.00
  • Insurance Expense: 75.00
  • Lot Size Area: 7841.0000 Square Feet
  • Net Operating Income: 1750.00
  • 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: 250.00
  • Rent Control: No
  • Total Expenses: 222.25

Tax Info

  • New Taxes Expense: 147.25
  • Tax Census Tract: 402.03
  • Tax Lot: 42
  • Tax Tract Number: 402-03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2019
Closed on
May 17, 2019
Sold by
Huang Daming
Bought by
Chu Christy
Seller's Agent
Abel Rios
Abel Rios, Broker
Buyer's Agent
Abel Rios
Abel Rios, Broker
List Price
$380,000
Sold Price
$320,000
Premium/Discount to List
-$60,000
-15.79%
Current Estimated Value
$624,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,919
Avg. Annual Appreciation
10.64%
Original Mortgage
$256,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 13, 2019
Closed on
May 16, 2019
Sold by
Gonzales David F
Bought by
Chu Christy
Seller's Agent
Abel Rios
Abel Rios, Broker
Buyer's Agent
Abel Rios
Abel Rios, Broker
List Price
$380,000
Sold Price
$320,000
Premium/Discount to List
-$60,000
-15.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 26, 2018
Sold by
Gonzales Hilda
Bought by
Gonzales David F

Purchase Details

Closed on
Jul 24, 2018
Sold by
Gonzales Hilda
Bought by
Gonzales David F

Purchase Details

Closed on
Nov 19, 2010
Sold by
Gonzales Jose A and Gonzales Hilda
Bought by
Rubidoux Boulevard Trust

Purchase Details

Closed on
Aug 15, 2007
Sold by
Gonzales Jose A and Gonzales Hilda
Bought by
Gonzales Jose A and Gonzales Hilda
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Buyer Sale Price Title Company
Chu Christy -- Fidelity National Title
Chu Christy $320,000 Fidelity National Title
Gonzales David F -- None Available
Gonzales David F -- None Available
Rubidoux Boulevard Trust -- None Available
Gonzales Jose A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Chu Christy $256,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2019 05/20/19 Sold $320,000 -8.3% $151 / Sq Ft
03/04/2019 03/04/19 Price Changed $349,000 -8.2% $164 / Sq Ft
02/13/2019 02/13/19 For Sale $380,000 -- $179 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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
2025 $3,937 $356,962 $100,395 $256,567
2023 $3,937 $343,103 $96,498 $246,605
2022 $3,847 $336,376 $94,606 $241,770
2021 $3,828 $329,781 $92,751 $237,030
2020 $3,792 $326,400 $91,800 $234,600
2019 $1,761 $161,592 $57,703 $103,889
2018 $1,703 $158,424 $56,573 $101,851
2017 $1,767 $155,318 $55,464 $99,854
2016 $1,741 $152,274 $54,377 $97,897
2015 $1,716 $149,989 $53,561 $96,428
2014 $1,602 $147,053 $52,513 $94,540
Source: Public Records

Agents Affiliated with this Home

  • Abel Rios

    Seller's Agent in 2019

    Abel Rios

    Abel Rios, Broker

    (951) 809-0320

    6 Total Sales

    Abel Rios
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG19034345

California Regional Multiple Listing Service (CRMLS)

APN: 181-071-016

California Riverside County Riverside 92509 Rubidoux

4053 Rubidoux Blvd, Riverside, CA

Not Listed for Sale

MultiFamily

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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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