NOT LISTED FOR SALE

4059 Cedar St Riverside, CA 92501

Downtown Riverside Neighborhood

Estimated Value: $571,971 - $1,034,000

2 Beds
2 Baths
1,337 Sq Ft
$540/Sq Ft Est. Value

Last Sold June 11, 2012

Last sale price $190,000 $142 Per Sq Ft

Est. 272% increase in value since last sale

Current estimated payment $3,938/month

Highlights

  • Craftsman Architecture
  • Granite Countertops
  • No Heating

About This Home

As of June 2012

LOCATION,LOCATION,LOCATION,ATTENTION INVESTORS!!! THIS IS A DUPLEX LOCATED IN DOWNTOWN RIVERSIDE IS A GREAT RENTAL PROPERTY FOR YOUR PORFOLIO THIS ONE FEATURES 2 JOINING UNITS EACH WITH 2 BEDROOMS AND 1 BATH.,CLOSE TO UCR AND RCC PERFECT FOR OWNER OCCUPIED OR STUDENT CAN RENT FOR $950.00 EACH.IT HAS NEW ROOF,NEW INTERIOR AND EXTERIOR PAINT NEW FIXTURE,NEW DOORS ,NEW WINDOWS EXCEPT THE FRONT,NEW MAPLE CABINETS WITH GRANITE COUNTER,AND BACK SPLASH, NEW CARPET,NEW LAMINATE FLOORS FRUIT TREES,ALLEY ACCESS WITH PLENTY OF PARKING SPACE,LAUNDRY ROOM. BACK PORCH TO ENJOY BEATIFUL MOUNTAIN VIEW..

Last Agent to Sell the Property

Alicia Martinez

Hispana Homes License #01185725 Listed on: 05/01/2012

Last Buyer's Agent

Maritza Fox

Coldwell Banker Realty License #01731488

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 8,712 Sq Ft Lot
  • Property fronts an alley

Parking

  • 4 Parking Spaces

Home Design

  • 1,337 Sq Ft Home
  • Craftsman Architecture

Additional Features

  • Granite Countertops
  • No Heating

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Assessor Parcel Number 215062009

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,000
  • Pest Control $700
  • Professional Management Expense $2,160
  • Supplies Expense $400
  • Gross Income $20,352
  • Net Operating Income $20,352

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 9.44
  • Professional Management Expense: 2160.00
  • Road Frontage Type: Alley
  • Supplies Expense: 400.00
  • View: No
  • Architectural Style: Craftsman
  • Property Type: Residential Income
  • Parcel Number: 215062009
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters
  • Appliances: No
  • Price Per Square Foot: 142.11

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: No
  • Pest Control Expense: 700.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 20352.00
  • Gross Multiplier: 9.98
  • Gross Scheduled Income: 21600.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 8712.0000 Square Feet
  • Net Operating Income: 20352.00
  • 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: 2414.00
  • Total Actual Rent: 21600.00
  • Vacancy Allowance Rate: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2025
Sold by
Segura Daniel
Bought by
Segura Daniel and Segura Maria
Current Estimated Value
$707,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,000
Outstanding Balance
$290,481
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$431,512

Purchase Details

Listed on
May 1, 2012
Closed on
May 3, 2012
Sold by
Segura Maria G
Bought by
Segura Daniel
Seller's Agent
Alicia Martinez
Hispana Homes
Buyer's Agent
Maritza Fox
Coldwell Banker Realty
List Price
$215,500
Sold Price
$190,000
Premium/Discount to List
-$25,500
-11.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.35%
Original Mortgage
$185,183
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 20, 2012
Sold by
Checa Elizabeth and Martinez Alicia
Bought by
Segura Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,183
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 24, 2011
Sold by
Martinez Victor
Bought by
Checa Elizabeth and Martinez Alicia

Purchase Details

Closed on
Aug 16, 2011
Sold by
Martinez Ana
Bought by
Martinez Victor

Purchase Details

Closed on
Aug 9, 2011
Sold by
Checa Martin
Bought by
Checa Elizabeth

Purchase Details

Closed on
Aug 8, 2011
Sold by
Startsman David B
Bought by
Checa Elizabeth and Martinez Victor
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Segura Daniel -- Ebs Escrow
Segura Daniel -- Chicago Title Inland Empire
Segura Daniel $190,000 Chicago Title
Checa Elizabeth -- None Available
Martinez Victor -- First American Title
Checa Elizabeth -- First American Title
Martinez Alicia -- First American Title
Checa Elizabeth $85,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Segura Daniel $291,000
Previous Owner Segura Daniel $185,183
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2012 06/11/12 Sold $190,000 -11.8% $142 / Sq Ft
05/01/2012 05/01/12 Pending -- -- --
05/01/2012 05/01/12 For Sale $215,500 -- $161 / 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 $2,625 $238,636 $69,075 $169,561
2023 $2,625 $229,372 $66,394 $162,978
2022 $2,566 $224,876 $65,093 $159,783
2021 $2,542 $220,467 $63,817 $156,650
2020 $2,523 $218,207 $63,163 $155,044
2019 $2,476 $213,929 $61,925 $152,004
2018 $2,429 $209,735 $60,711 $149,024
2017 $2,386 $205,623 $59,521 $146,102
2016 $2,236 $201,592 $58,354 $143,238
2015 $2,204 $198,567 $57,479 $141,088
2014 $2,183 $194,679 $56,354 $138,325
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2012

    Alicia Martinez

    Hispana Homes

    (714) 473-4244

    9 Total Sales

    Alicia Martinez
    Section Image

  • M

    Buyer's Agent in 2012

    Maritza Fox

    Coldwell Banker Realty

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P820482

California Regional Multiple Listing Service (CRMLS)

APN: 215-062-009

California Riverside County Riverside 92501 Downtown Riverside

4059 Cedar St, Riverside, CA

Not Listed for Sale

MultiFamily

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