NOT LISTED FOR SALE

Estimated Value: $478,000 - $523,607

3 Beds
1 Bath
1,643 Sq Ft
$299/Sq Ft Est. Value

Last Sold February 05, 2025

Last sale price $470,000 $286 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,805/month

14 Days on Market

Highlights

  • Private Yard
  • No HOA
  • 1 Car Garage
  • Polytechnic High School Rated A-
  • Laundry Room
  • 5-minute walk to Lincoln Park

About This Home

As of February 2025

Calling All Investors! This property is a fantastic investment opportunity, bursting with potential and versatility. Officially recorded as a 3 bedroom, 1 bathroom home, it has been thoughtfully reconfigured into two distinct living spaces, each with its own address. The primary unit features 3 bedrooms and 1 bathroom, while the secondary unit offers 1 bedroom and 1 bathroom. Both units include individual kitchens and private entrances, making this property ideal for generating rental income. Situated on a spacious oversized lot, the property offers plenty of room for customization or expansion to meet your vision. While the property requires significant repairs, its prime location near UC Riverside, parks, golf courses, schools, shopping centers, and entertainment venues adds immense value. It is also conveniently close to the Mission Inn, Riverside Community Hospital, Riverside City College, Metrolink, and major highways. Don’t miss this exciting opportunity to create your ideal space or maximize its potential as an income producing investment!

Last Agent to Sell the Property

Yolanda Gomez

Westcoe Realtors, Inc. Brokerage Phone: 951-751-6801 License #02160279 Listed on: 01/06/2025

Westcoe Realtors, Inc.

Last Buyer's Agent

Yolanda Gomez

Westcoe Realtors, Inc. Brokerage Phone: 951-751-6801 License #02160279 Listed on: 01/06/2025

Westcoe Realtors, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $977

Year Built

  • Built in 1922

Lot Details

  • 5,663 Sq Ft Lot
  • 1 Common Wall
  • Private Yard
  • Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Duplex

Interior Spaces

  • 1,643 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms | 4 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside

Outdoor Features

  • Exterior Lighting

Schools

  • Central Middle School
  • Lincoln High School

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 3 / 24
  • Assessor Parcel Number 219325006
  • $66 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$977

Year Built

Built in 1922

Lot Details

0

Parking

1

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: R2
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 219325006
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1643.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 286.06
  • Room Type: All Bedrooms Down, Kitchen, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Riverside Unified
  • Middle School: Central
  • High School: Lincoln
  • High School: Lincoln
  • Middle Or Junior School: Central
  • High School2: LINCOL

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Front Yard, Yard
  • Lot Size Sq Ft: 5663.00
  • Lot Size Acres: 0.1300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5663.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 24
  • Tax Census Tract: 304.00
  • Tax Lot: 3
  • TaxOtherAnnualAssessmentAmount: 66.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2025
Closed on
Jan 21, 2025
Sold by
Avila Indalecio and Avila Silvia
Bought by
Kelley Dallas
Seller's Agent
Yolanda Gomez
Westcoe Realtors, Inc.
Buyer's Agent
Yolanda Gomez
Westcoe Realtors, Inc.
List Price
$530,000
Sold Price
$470,000
Premium/Discount to List
-$60,000
-11.32%
Views
44
Current Estimated Value
$491,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,902
Avg. Annual Appreciation
10.41%
Original Mortgage
$376,000
Outstanding Balance
$375,363
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$115,090

Purchase Details

Closed on
Aug 8, 2023
Sold by
Avila Indalecio and Avila Silvia
Bought by
Avila Indalecio and Avila Silvia

Purchase Details

Closed on
Dec 22, 2003
Sold by
Avila Arturo Carlos
Bought by
Avila Ismael
Source: Public Records

Range of Values:

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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
Kelley Dallas $470,000 None Listed On Document
Avila Indalecio -- None Listed On Document
Avila Ismael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelley Dallas $376,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2025 02/05/25 Sold $470,000 -11.3% $286 / Sq Ft
01/21/2025 01/21/25 Pending -- -- --
01/06/2025 01/06/25 For Sale $530,000 -- $323 / 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
2023 $977 $81,615 $29,975 $51,640
2022 $955 $80,016 $29,388 $50,628
2021 $3,599 $315,225 $65,665 $249,560
2020 $3,572 $311,994 $64,992 $247,002
2019 $3,506 $305,877 $63,718 $242,159
2018 $3,438 $299,880 $62,469 $237,411
2017 $3,377 $294,001 $61,245 $232,756
2016 $3,161 $288,238 $60,045 $228,193
2015 $2,872 $261,000 $54,000 $207,000
2014 $2,576 $231,000 $48,000 $183,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG24254286

California Regional Multiple Listing Service (CRMLS)

APN: 219-325-006