Hasaranga Ratnayake
BEST PROPERTY MANAGEMENT & REA
(951) 877-5217
57 Total Sales
3 in Downtown Riverside
$428K - $530K Price Range
4250 10th St Riverside, CA 92501
Downtown Riverside NeighborhoodEstimated Value: $1,013,479
5
Beds
4
Baths
2,210
Sq Ft
$459/Sq Ft
Est. Value
Highlights
- No HOA
- Brick Fence
- 5-minute walk to White Park
- Laundry Facilities
About This Home
As of July 2025Just listed and ideally located just minutes from Downtown Riverside, this well-maintained four-unit multifamily property offers investors immediate cash-flow with a strong **7.17% CAP Rate** and a **10.75 GRM**. The building features an ideal and versatile unit mix, including one 2-Bedroom/1-Bath two-story Townhouse, one 2-Bedroom/1-Bath flat, one 1-Bedroom/1-Bath unit, and a Studio apartment—providing a diverse range of rental options for prospective tenants. The property offers 2,210 square feet of rental space on a 7,840 square foot lot and is separately metered for electricity and gas, ensuring streamlined utility management. Tenants enjoy convenient amenities such as garage parking for each unit and access to an onsite laundry facility, enhancing tenant satisfaction and long-term retention. The owner is in the process of updating the electrical sub-panels as well as the roof on the front structure. With its strong in-place income, solid unit mix, and highly desirable location near shops, restaurants, and transit in Downtown Riverside, this is a rare opportunity for both new and experienced investors seeking a stabilized asset with immediate returns and long-term upside. This property can be purchased together with the adjoining 4-unit property at **4228 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: 05/09/2025
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1941
Lot Details
- 7,840 Sq Ft Lot
- 1 Common Wall
- Brick Fence
- Density is up to 1 Unit/Acre
Parking
- 4 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Apartment
- Entry on the 1st floor
- Shingle Roof
Interior Spaces
- 2,210 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Additional Features
- Exterior Lighting
- Cooling System Mounted To A Wall/Window
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 071 / 10
- Tax Tract Number 4
- Assessor Parcel Number 215071004
- $218 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $21
- Fuel Expense $750
- Insurance Expense $1,500
- Trash Expense $897
- Water Sewer Expense $897
- New Taxes Expense $11,130
- Operating Expense $18,196
- Gross Income $88,392
- Net Operating Income $67,545
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 9, 2025
Closed on
Jun 27, 2025
Sold by
Darren And Lorene Clark Family Trust and Clark Darren
Bought by
Seller's Agent
Kristopher German
RE/MAX 2000 REALTY
Buyer's Agent
Prashant Sampat
Pacific Avenue Realty
List Price
$950,000
Sold Price
$925,000
Premium/Discount to List
-$25,000
-2.63%
Views
54
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
$88,479
Avg. Annual Appreciation
8.42%
Original Mortgage
$693,750
Interest Rate
6.84%
Mortgage Type
New Conventional
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
$1,200,000
Sold Price
$1,020,112
Premium/Discount to List
-$179,888
-14.99%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.09%
Original Mortgage
$815,000
Interest Rate
5.81%
Mortgage Type
New Conventional
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
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
Jul 13, 2007
Sold by
Zrs Enterprises Llc
Bought by
Sangcap Zenaida R
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
Purchase Details
Closed on
Jul 1, 2003
Sold by
Stewart D
Bought by
Stewart D and David T Stewart Trust
Purchase Details
Closed on
Oct 15, 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
$191,100
Interest Rate
5.27%
Mortgage Type
Commercial
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
$191,100
Interest Rate
5.27%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 3, 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
$191,100
Interest Rate
5.27%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Riverside, CA
-
Hasaranga Ratnayake
-
Yulia Basabilvazo
Yulia Basabilvazo
Elevate Real Estate Agency
(951) 339-2487
29 Total Sales
1 in Downtown Riverside
$150,000 Price
-
Luz Nunez
Luz Nunez
First Team Real Estate
(949) 373-4727
104 Total Sales
2 in Downtown Riverside
$620,000 Price Range
-
Jesse Carlson
Jesse Carlson
Jesse Carlson, Broker
(866) 994-7975
9 Total Sales
2 in Downtown Riverside
$420,000 Price Range
-
Mary Young
Mary Young
Coldwell Banker Icon
(855) 665-1490
23 Total Sales
2 in Downtown Riverside
$665,000 Price Range
-
Andrissa Noriega
Andrissa Noriega
DYNASTY REAL ESTATE
(909) 765-1211
51 Total Sales
2 in Downtown Riverside
$970,000 Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $925,000 | Fidelity National Title Compan | ||
| Clark Darren & Lorene Family Trust | $2,040,500 | First American Title | |
| 2508 Ontario Llc | -- | Accommodation | |
| Witkin Loren | -- | First American Title Company | |
| Witkin Loren | $625,000 | First American Title Company | |
| Zrs Enterprises Llc | -- | First American Title Company | |
| Sangcap Zenaida R | -- | None Available | |
| Zrs Enterprises Llc | -- | None Available | |
| Sangcap Zenaida R | $615,000 | North American Title Company | |
| Stewart D | -- | -- | |
| Stewart David Timothy | $546,000 | Fidelity National Title Ins | |
| Levi Steven C | -- | Fidelity National Title Ins | |
| Levi Mark H | -- | Fidelity National Title Ins |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $697,500 | ||
| Closed | Sharma Ankush | $693,750 | |
| Previous Owner | Darren And Lorene Clark Family | $815,000 | |
| Previous Owner | Witkin Loren | $437,500 | |
| Previous Owner | Witkin Loren | $437,500 | |
| Previous Owner | Stewart David Timothy | $191,100 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/29/2025 07/29/25 | Sold | $925,000 | -2.6% | $419 / Sq Ft | |
| 06/26/2025 06/26/25 | Pending | -- | -- | -- | |
| 05/09/2025 05/09/25 | For Sale | $950,000 | -6.9% | $430 / Sq Ft | |
| 06/17/2022 06/17/22 | Sold | $1,020,112 | -2.8% | $337 / Sq Ft | View Prior Sale |
| 05/22/2022 05/22/22 | Price Changed | $1,050,000 | -4.5% | $347 / Sq Ft | |
| 05/11/2022 05/11/22 | Price Changed | $1,100,000 | -2.2% | $364 / Sq Ft | |
| 03/25/2022 03/25/22 | Price Changed | $1,125,000 | -2.2% | $372 / Sq Ft | |
| 03/08/2022 03/08/22 | Price Changed | $1,150,000 | -4.2% | $380 / Sq Ft | |
| 01/03/2022 01/03/22 | For Sale | $1,200,000 | -- | $397 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $13,468 | $925,000 | $160,000 | $765,000 |
| 2025 | $13,468 | $1,194,096 | $206,935 | $987,161 |
| 2023 | $13,029 | $1,147,729 | $198,900 | $948,829 |
| 2022 | $7,309 | $637,500 | $112,200 | $525,300 |
| 2021 | $6,557 | $566,811 | $103,056 | $463,755 |
| 2020 | $6,506 | $561,000 | $102,000 | $459,000 |
| 2019 | $6,386 | $550,000 | $100,000 | $450,000 |
| 2018 | $6,384 | $550,000 | $100,000 | $450,000 |
| 2017 | $6,282 | $507,151 | $89,303 | $417,848 |
| 2016 | $5,648 | $507,151 | $89,303 | $417,848 |
| 2015 | $5,392 | $483,000 | $85,050 | $397,950 |
| 2014 | $5,197 | $460,000 | $81,000 | $379,000 |
Source: Public Records
Agents Affiliated with this Home
-
Kristopher German
Seller's Agent in 2025
Kristopher German
RE/MAX
(909) 645-0443
2 in this area
130 Total Sales
-
Prashant Sampat
Buyer's Agent in 2025
Prashant Sampat
Pacific Avenue Realty
(562) 841-0227
8 in this area
201 Total Sales
-
Ken Ishiki
Seller's Agent in 2022
Ken Ishiki
Lyon Stahl Investment Real Estate
(562) 755-5010
3 in this area
29 Total Sales
-
Daniel Shieh
Seller Co-Listing Agent in 2022
Daniel Shieh
Lyon Stahl Investment Real Estate, Inc.
(310) 425-9838
2 in this area
36 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV25102575
APN: 215-071-004
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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