4352 6th St Riverside, CA 92501
Downtown Riverside NeighborhoodEstimated Value: $748,000 - $946,000
4
Beds
3
Baths
2,376
Sq Ft
$351/Sq Ft
Est. Value
Highlights
- Lawn
- No HOA
- Laundry Room
- Polytechnic High School Rated A-
- Cooling System Mounted To A Wall/Window
- Floor Furnace
About This Home
As of January 2018Located in the heart of Downtown Riverside you'll find this exceptional fully leased triplex. The unit mix is one-2 bedroom-one bath and two-1 bedroom one-bath, all in one building. They each come with wall AC units and thermostat operated floor furnaces, front and back doors, washer & dryer connections (two with washer & dryers), refrigerators & stoves. The units are separately metered for electricity & gas and tenants pay their own sewer charges. There are three garages, two-one car and one-two car all with electric doors. The property is tastefully landscaped including a producing avocado tree that provides shade to the courtyard as well as a producing orange tree. Many recent improvements have been made including a drip irrigation system, complete paint of the exterior, rain gutters and more. This is a fabulous investment opportunity and is priced to sell!
Last Agent to Sell the Property
Vista Sotheby's International Realty License #00898968 Listed on: 10/26/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,486
Year Built
- Built in 1953
Lot Details
- 6,970 Sq Ft Lot
- No Common Walls
- Wood Fence
- Sprinkler System
- Lawn
- Back and Front Yard
Parking
- 3 Car Garage
- Parking Available
Home Design
- Triplex
- Turnkey
- Frame Construction
- Composition Roof
- Stucco
Interior Spaces
- 2,376 Sq Ft Home
- 1-Story Property
- Blinds
- Gas Cooktop
- Laundry Room
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Outdoor Features
- Exterior Lighting
- Rain Gutters
Utilities
- Cooling System Mounted To A Wall/Window
- Floor Furnace
Listing and Financial Details
- Tenant pays for electricity, gas, sewer
- Assessor Parcel Number 214171004
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,440
- Insurance Expense $873
- Maintenance Expense $1,331
- Trash Expense $401
- Water Sewer Expense $540
- New Taxes Expense $5,250
- Operating Expense $12,513
- Gross Income $37,320
- Net Operating Income $24,807
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 9, 2017
Sold by
Walz Robert Jerry and Eke Chibuzo Ugochi
Bought by
Tong Alice M
Total Days on Market
13
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,500
Interest Rate
3.94%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 3, 2016
Closed on
Feb 17, 2016
Sold by
Reese Daphne A
Bought by
Walz Robert Jerry and Eke Chibuzo Ugochi
Seller's Agent
Susan Wolf
BETTER HOMES AND GARDENS REAL ESTATE CHAMPIONS
Buyer's Agent
Rob Murray
Vista Sotheby's International Realty
List Price
$405,000
Sold Price
$405,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.12%
Original Mortgage
$324,000
Interest Rate
3.65%
Mortgage Type
Commercial
Purchase Details
Closed on
May 23, 2014
Sold by
Reese Daphne A and Reese Criswell Daphne A
Bought by
Reese Daphne A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
3.87%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 10, 2014
Sold by
Criswell Russell C and Criswell Daphne A Reese
Bought by
Criswell Daphne A Reese and Reese Daphne Anne
Purchase Details
Closed on
Feb 21, 2010
Sold by
Criswell Russell C and Reese Criswell Daphne A
Bought by
Criswell Russell C and Reese Criswell Daphne A
Purchase Details
Closed on
Aug 24, 2009
Sold by
Smith Littleton K
Bought by
Criswell Russell C and Criswell Daphne Reese
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Interest Rate
5.25%
Mortgage Type
Commercial
Similar Homes in Riverside, CA
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tong Alice M | $526,000 | First American Title Company | |
| Walz Robert Jerry | $405,000 | Fidelity National Title Co | |
| Reese Daphne A | -- | Lawyers Title | |
| Criswell Daphne A Reese | -- | None Available | |
| Criswell Russell C | -- | None Available | |
| Criswell Russell C | -- | None Available | |
| Criswell Russell C | $205,000 | Stewart Title Of California |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tong Alice M | $325,000 | |
| Previous Owner | Tong Alice M | $394,500 | |
| Previous Owner | Walz Robert Jerry | $324,000 | |
| Previous Owner | Reese Daphne A | $224,000 | |
| Previous Owner | Criswell Russell C | $153,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/23/2018 01/23/18 | Sold | $525,000 | 0.0% | $221 / Sq Ft |
| 11/08/2017 11/08/17 | Pending | -- | -- | -- |
| 10/26/2017 10/26/17 | For Sale | $525,000 | +29.6% | $221 / Sq Ft |
| 03/25/2016 03/25/16 | Sold | $405,000 | 0.0% | $170 / Sq Ft |
| 02/06/2016 02/06/16 | Pending | -- | -- | -- |
| 02/03/2016 02/03/16 | For Sale | $405,000 | -- | $170 / 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 |
|---|---|---|---|---|
| 2023 | $6,486 | $575,255 | $98,427 | $476,828 |
| 2022 | $6,338 | $563,977 | $96,498 | $467,479 |
| 2021 | $6,250 | $552,919 | $94,606 | $458,313 |
| 2020 | $6,203 | $547,250 | $93,636 | $453,614 |
| 2019 | $6,086 | $536,520 | $91,800 | $444,720 |
| 2018 | $4,796 | $421,362 | $93,636 | $327,726 |
| 2017 | $4,716 | $413,100 | $91,800 | $321,300 |
| 2016 | $2,474 | $223,524 | $54,514 | $169,010 |
| 2015 | $2,439 | $220,169 | $53,697 | $166,472 |
| 2014 | $2,416 | $215,859 | $52,647 | $163,212 |
Source: Public Records
Agents Affiliated with this Home
-
Rob Murray
Seller's Agent in 2018
Rob Murray
Vista Sotheby's International Realty
(951) 212-4495
1 in this area
57 Total Sales
-
SOPHIE TONG
S
Buyer's Agent in 2018
SOPHIE TONG
PARTNER Real Estate
(626) 222-0113
11 Total Sales
-
Susan Wolf
Seller's Agent in 2016
Susan Wolf
BETTER HOMES AND GARDENS REAL ESTATE CHAMPIONS
(951) 334-7270
45 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV17243848
APN: 214-171-004
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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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