NOT LISTED FOR SALE

4455 University Ave Riverside, CA 92501

Downtown Riverside Neighborhood
1 Bed
1 Bath
5,800 Sq Ft
8,143 Sq Ft Lot

Last Sold September 22, 2014

Last sale price $500,000 $86 Per Sq Ft

2 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Wall Furnace
  • Polytechnic High School Rated A-
  • Cooling System Mounted To A Wall/Window

About This Home

As of September 2014

8-Unit Building in picturesque tree-lined neighborhood! Beautiful white picket fence surrounds the large front yard. Surrounded by Victorian homes in the historic district, this is an ideal setting. All Units are 1-Bedroom/1-Bath. with Living Room, Kitchen, Dining Area, Bedroom and Bath. Four Units in Front and four units in back are divided by a breezeway. Five garages plus parking for two cars. There are also some storage units in the garage area. Laundry room provides additional income. Close to Mt. Rubidoux, University, downtown. Walk to shops and restaurants. Close Freeway access. Excellent investment opportunity.

Last Agent to Sell the Property

Valerie Van de Zilver

Y Realty License #00443671 Listed on: 08/24/2014

Last Buyer's Agent

Valerie Van de Zilver

Y Realty License #00443671 Listed on: 08/24/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 8,143 Sq Ft Lot
  • No Common Walls
  • Vinyl Fence
  • Block Wall Fence
  • Density is up to 1 Unit/Acre

Parking

  • 5 Car Garage

Interior Spaces

  • 5,800 Sq Ft Home
  • 2-Story Property
  • Free-Standing Range
  • Leased Washer and Dryer

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Outdoor Features

  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 4074
  • Assessor Parcel Number 214220013

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Building Details

  • 8 Leased Units
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 7 Separate Water Meters
  • Electric Expense $1,271
  • Gardener Expense $1,800
  • Insurance Expense $3,966
  • Trash Expense $1,590
  • Water Sewer Expense $1,121
  • New Taxes Expense $5,000
  • Gross Income $5,325
  • Net Operating Income $50,195

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Parking

5

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1121.00
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Parcel Number: 214220013
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Vinyl, Wood
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 86.21

Exterior Features

  • Fencing: Block, Vinyl
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Free-Standing Range
  • Heating Type: Wall Furnace
  • Sewer: Sewer Paid
  • Trash Expense: 1590.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8143.00
  • Lot Size Acres: 0.1870

Multi Family

  • Electric Expense: 1271.00
  • Gross Income: 5325.00
  • Gross Scheduled Income: 63900.00
  • Insurance Expense: 3966.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 8143.0000 Square Feet
  • Net Operating Income: 50195.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 7
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Number Wall A C: 8
  • Operating Expense: 15505.00
  • Rent Control: No
  • Total Actual Rent: 5325.00

Tax Info

  • New Taxes Expense: 5000.00
  • Tax Lot: 15
  • Tax Tract Number: 04074
  • Tax Year: 2013

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2014 09/22/14 Sold $500,000 0.0% $86 / Sq Ft
08/26/2014 08/26/14 Pending -- -- --
08/24/2014 08/24/14 For Sale $499,999 -- $86 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14182497

California Regional Multiple Listing Service (CRMLS)

APN: 214-220-013

California Riverside County Riverside 92501 Downtown Riverside

4455 University Ave, Riverside, CA

This home is located at 4455 University Ave, Riverside, CA 92501 since 24 August 2014. This property was built in 1950. 4455 University Ave is a home located in Riverside County with nearby schools including Bryant Elementary, Central Middle School, and Polytechnic High School.

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.

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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