Seller's Agent in 2025
Kristopher German
RE/MAX
(909) 645-0443
2 in this area
122 Total Sales
4228 10th St Riverside, CA 92501
Downtown Riverside Neighborhood
6
Beds
4
Baths
2,600
Sq Ft
7,840
Sq Ft Lot
Highlights
- No HOA
- Cooling System Mounted To A Wall/Window
- 2 Car Garage
- Hiking Trails
- Laundry Room
- 5-minute walk to White Park
About This Home
As of July 2025Now available, a well-maintained 4-unit multi-family property offering a solid investment opportunity in a desirable location. The unit mix includes two spacious single-level 2-Bedroom/1-Bath units and two 1-Bedroom/1-Bath units, totaling 2,600 square feet of rentable space on a 7,840 square foot lot. Each unit is separately metered for electricity and gas, while the owner pays for water and trash.
The property features updated electrical systems and tenant-friendly amenities including garage parking and an onsite laundry facility, enhancing tenant convenience and retention. With a current **11.8 GRM** and **6.3% CAP rate**, this asset offers immediate cash flow and long-term upside for investors. The owner is in the process of updating the roof on the front structure. This property can be purchased together with the adjoining 4-unit property at **4250 10th Street**, offering a rare chance to acquire 8 total units side by side. This is an excellent opportunity for investors looking to expand their portfolio with a desirable asset in a strong rental market.
Last Agent to Sell the Property
RE/MAX 2000 REALTY Brokerage Phone: 909-645-0443 License #01800021 Listed on: 05/12/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1936
Lot Details
- 7,840 Sq Ft Lot
- Two or More Common Walls
- Chain Link Fence
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Apartment
- Entry on the 1st floor
- Shingle Roof
Interior Spaces
- 2,600 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- No Heating
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 005 / 10
- Tax Tract Number 71
- Assessor Parcel Number 215071005
- $163 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Amenities
- Laundry Facilities
Recreation
- Hiking Trails
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $21
- Fuel Expense $750
- Insurance Expense $1,800
- Trash Expense $897
- Water Sewer Expense $897
- New Taxes Expense $11,657
- Operating Expense $19,023
- Gross Income $84,420
- Net Operating Income $62,865
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 12, 2025
Closed on
Jun 27, 2025
Sold by
Darren And Lorene Clark Family Trust and Clark Darren
Bought by
Sharma Ankush and Sharma Ashika
Seller's Agent
Kristopher German
RE/MAX 2000 REALTY
Buyer's Agent
Prashant Sampat
Pacific Avenue Realty
List Price
$995,000
Sold Price
$960,000
Premium/Discount to List
-$35,000
-3.52%
Views
81
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,936
Avg. Annual Appreciation
-0.73%
Original Mortgage
$720,000
Outstanding Balance
$717,543
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$239,521
Purchase Details
Listed on
Jan 3, 2022
Closed on
Jun 1, 2022
Sold by
2508 Ontario Llc
Bought by
Clark Darren & Lorene Family Trust
Seller's Agent
Ken Ishiki
Lyon Stahl Investment Real Estate
Buyer's Agent
Ken Ishiki
Lyon Stahl Investment Real Estate
List Price
$1,250,000
Sold Price
$1,020,112
Premium/Discount to List
-$229,888
-18.39%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.93%
Purchase Details
Closed on
Aug 6, 2021
Sold by
Witkin Loren and Soekodanu Affandy
Bought by
2508 Ontario Llc
Purchase Details
Closed on
Dec 3, 2020
Sold by
Witkin Michelle Ann Glick
Bought by
Witkin Loren
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,500
Interest Rate
2.71%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 7, 2020
Sold by
Zrs Enterprises Llc
Bought by
Witkin Loren and Soekodanu Affandy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,500
Interest Rate
2.71%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 4, 2006
Sold by
Sangcap Zenaida R
Bought by
Zrs Enterprises Llc
Purchase Details
Closed on
Sep 21, 2005
Sold by
Stewart D
Bought by
Sangcap Zenaida R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,500
Interest Rate
7.25%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 1, 2003
Sold by
Stewart D and Stewart David Timothy
Bought by
Stewart D
Purchase Details
Closed on
Oct 8, 2002
Sold by
Levi Gloria Susan
Bought by
Levi Steven C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,200
Interest Rate
6.75%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 1, 2002
Sold by
Levi Karin
Bought by
Levi Mark H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,200
Interest Rate
6.75%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 30, 2002
Sold by
Levi Mark H and Levi Lawrence R
Bought by
Stewart David Timothy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,200
Interest Rate
6.75%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $960,000 | Chicago Title | |
| Grant Deed | $4,081,000 | First American Title | |
| Grant Deed | -- | Accommodation | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Grant Deed | $625,000 | First American Title Company | |
| Grant Deed | -- | None Available | |
| Grant Deed | $565,000 | North American Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $526,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $720,000 | New Conventional | |
| Previous Owner | $437,500 | New Conventional | |
| Previous Owner | $395,500 | Commercial | |
| Previous Owner | $197,200 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/29/2025 07/29/25 | Sold | $960,000 | -3.5% | $369 / Sq Ft | |
| 06/26/2025 06/26/25 | Pending | -- | -- | -- | |
| 05/12/2025 05/12/25 | For Sale | $995,000 | -2.5% | $383 / Sq Ft | |
| 06/17/2022 06/17/22 | Sold | $1,020,112 | -7.3% | $392 / Sq Ft | View Prior Sale |
| 05/22/2022 05/22/22 | Price Changed | $1,100,000 | -4.3% | $423 / Sq Ft | |
| 05/11/2022 05/11/22 | Price Changed | $1,150,000 | -2.1% | $442 / Sq Ft | |
| 03/25/2022 03/25/22 | Price Changed | $1,175,000 | -2.1% | $452 / Sq Ft | |
| 03/08/2022 03/08/22 | Price Changed | $1,200,000 | -4.0% | $462 / Sq Ft | |
| 01/03/2022 01/03/22 | For Sale | $1,250,000 | -- | $481 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $10,581 | $971,004 | $206,935 | $764,069 |
| 2023 | $10,581 | $933,300 | $198,900 | $734,400 |
| 2022 | $7,115 | $625,000 | $110,000 | $515,000 |
| 2021 | $6,998 | $611,490 | $111,180 | $500,310 |
| 2020 | $6,451 | $561,000 | $102,000 | $459,000 |
| 2019 | $6,331 | $550,000 | $100,000 | $450,000 |
| 2018 | $6,332 | $550,000 | $100,000 | $450,000 |
| 2017 | $6,230 | $507,151 | $89,303 | $417,848 |
| 2016 | $5,596 | $507,151 | $89,303 | $417,848 |
| 2015 | $5,340 | $483,000 | $85,050 | $397,950 |
| 2014 | $5,142 | $460,000 | $81,000 | $379,000 |
Source: Public Records
Agents Affiliated with this Home
-
Kristopher German
-
Prashant Sampat
Buyer's Agent in 2025
Prashant Sampat
Pacific Avenue Realty
(562) 841-0227
10 in this area
219 Total Sales
-
Ken Ishiki
Seller's Agent in 2022
Ken Ishiki
Lyon Stahl Investment Real Estate
(562) 755-5010
4 in this area
24 Total Sales
-
Daniel Shieh
Seller Co-Listing Agent in 2022
Daniel Shieh
Lyon Stahl Investment Real Estate, Inc.
(310) 425-9838
3 in this area
41 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV25104984
APN: 215-071-005
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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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