NOT LISTED FOR SALE

Estimated Value: $1,189,746 - $1,637,000

7 Beds
5 Baths
4,100 Sq Ft
$327/Sq Ft Est. Value

Last Sold August 21, 2024

Last sale price $1,190,000 $290 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $8,058/month

21 Days on Market

Highlights

  • 24-Hour Security
  • 0.65 Acre Lot
  • Dual Staircase
  • Two Primary Bedrooms
  • Open Floorplan
  • Craftsman Architecture

About This Home

As of August 2024

TWO HOUSES ON 2/3 ACRE. TWO SEPARATE ADDRESSES IN THE WOOD STREET HISTORICAL DISTRICT. This Classic Historical Landmark is located in the heart of the much desired Wood Street neighborhood of Riverside. There are two houses with two separate addresses located on the over 2/3 acre of the flat land with huge palm trees, blossoming orange and lemon trees. 4682 Bandini is the main with 2600 sq. ft., four bedrooms and three baths. Huge kitchen with a living room, family room and sunroom. Newly renovated kitchen with quartz countertop, laminated flooring and all new appliances. Master bathroom and guest bathrooms tiles and shower glass doors. Second house is 4664 Bandini is a 1500 SQ FT, two story house with two bedrooms and one bath. For income purposes, the back house has a little studio that could double as a third rental space. The whole property is gated and fenced with a huge driveway lined with fruit trees. The two houses were recently rehabbed with fresh paint inside and outside. Both front and back of the house are fully landscaped with automatic sprinklers. These properties are within a few minutes to downtown Riverside, the malls, and major freeways of 91,15 and 60.

Last Agent to Sell the Property

TOYIN DAWODU

CAPITAL INVESTMENT GROUP Brokerage Phone: 951-750-8429 License #01173659 Listed on: 05/07/2024

Last Buyer's Agent

HARRIET SUKUTA

California Bankers Realty & Investments License #00964326

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1876

Lot Details

  • 0.65 Acre Lot
  • No Common Walls
  • Wrought Iron Fence
  • Wood Fence
  • Landscaped
  • Level Lot
  • Front and Back Yard Sprinklers
  • Private Yard
  • Lawn
  • Density is 2-5 Units/Acre

Parking

  • 7 Open Parking Spaces
  • 2 Car Garage
  • Automatic Gate

Home Design

  • Duplex
  • Craftsman Architecture
  • Traditional Architecture
  • Entry on the 1st floor
  • Raised Foundation
  • Slab Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 4,100 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Dual Staircase
  • Built-In Features
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Family Room with Fireplace
  • Living Room
  • Recreation Room
  • Laundry Room

Kitchen

  • Gas Oven
  • Recirculated Exhaust Fan
  • Dishwasher
  • Quartz Countertops
  • Ceramic Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom
  • Multi-Level Bedroom
  • 5 Bathrooms

Home Security

  • Closed Circuit Camera
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Cooling System Powered By Gas
  • Two cooling system units
  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Balcony
  • Suburban Location

Listing and Financial Details

  • Tax Lot 224
  • Tax Tract Number 224
  • Assessor Parcel Number 218112010
  • $67 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Insurance Expense $2,200
  • New Taxes Expense $5,000
  • Operating Expense $7,200
  • Gross Income $114,000
  • Net Operating Income $114,000

Security

  • 24-Hour Security
  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Year Built

Built in 1876

Lot Details

0

Parking

2

Listing Details

  • CapRate: 8.00
  • Property Attached: No
  • Road Frontage Type: Access Road, City Street
  • Road Surface Type: Paved
  • Security: 24 Hour Security, Automatic Gate, Carbon Monoxide Detector(s), Closed Circuit Camera(s), Fire and Smoke Detection System, Resident Manager, Smoke Detector(s)
  • View: No
  • Zoning: R1065
  • Architectural Style: Craftsman, Traditional
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 218112010
  • Year Built: 1876
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: 2 Staircases, Balcony, Built-in Features, Ceiling Fan(s), Ceramic Counters, Open Floorplan, Quartz Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Family Room, Gas
  • Levels: Two
  • Price Per Square Foot: 290.24
  • Room Type: Family Room, Kitchen, Laundry, Living Room, Main Floor Primary Bedroom, Primary Bathroom, Multi-Level Bedroom, Recreation, Separate Family Room, Two Primaries
  • Window Features: Blinds

Exterior Features

  • Foundation: Raised, Slab
  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Frame

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 9.00
  • Uncovered Spaces: 7.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Water Heater, Recirculated Exhaust Fan, Refrigerator
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Front Yard, Landscaped, Lawn, Level with Street, Lot 20000-39999 Sqft, Sprinklers In Front, Sprinklers In Rear, Yard
  • Lot Size Sq Ft: 28314.00
  • Lot Size Acres: 0.6500

Multi Family

  • Gross Income: 114000.00
  • Gross Scheduled Income: 114000.00
  • Insurance Expense: 2200.00
  • Lot Size Area: 28314.0000 Square Feet
  • Net Operating Income: 114000.00
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 7200.00

Tax Info

  • New Taxes Expense: 5000.00
  • Tax Census Tract: 308.00
  • Tax Lot: 224
  • Tax Tract Number: 224
  • TaxOtherAnnualAssessmentAmount: 67.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2024
Closed on
Aug 19, 2024
Sold by
Guaranty Investment Company Inc
Bought by
Muwanguzi Claire
Seller's Agent
TOYIN DAWODU
CAPITAL INVESTMENT GROUP
Buyer's Agent
HARRIET SUKUTA
California Bankers Realty & Investments
List Price
$1,199,989
Sold Price
$1,190,000
Premium/Discount to List
-$9,989
-0.83%
Views
25
Current Estimated Value
$1,339,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,437
Avg. Annual Appreciation
8.82%
Original Mortgage
$927,000
Outstanding Balance
$914,026
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$425,411

Purchase Details

Listed on
Mar 25, 2023
Closed on
Sep 11, 2023
Sold by
Quintero Juan and Syed Jamil
Bought by
Guaranty Investment Company Inc
Seller's Agent
TOYIN DAWODU
CAPITAL INVESTMENT GROUP
Buyer's Agent
Xavier Padilla
MARKET EXPERTS REAL ESTATE
List Price
$1,199,999
Sold Price
$1,100,000
Premium/Discount to List
-$99,999
-8.33%
Views
283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.63%
Original Mortgage
$950,000
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 25, 2023
Closed on
Jul 27, 2023
Sold by
Syed Jamil
Bought by
Quintero Juan
Seller's Agent
TOYIN DAWODU
CAPITAL INVESTMENT GROUP
Buyer's Agent
Xavier Padilla
MARKET EXPERTS REAL ESTATE
List Price
$1,199,999
Sold Price
$1,100,000
Premium/Discount to List
-$99,999
-8.33%
Views
283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 25, 2023
Closed on
Jul 24, 2023
Sold by
Guaranty Investment Company Inc
Bought by
Quintero Juan and Syed Jamil
Seller's Agent
TOYIN DAWODU
CAPITAL INVESTMENT GROUP
Buyer's Agent
Xavier Padilla
MARKET EXPERTS REAL ESTATE
List Price
$1,199,999
Sold Price
$1,100,000
Premium/Discount to List
-$99,999
-8.33%
Views
283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 15, 2022
Closed on
Mar 14, 2022
Sold by
Fannie Mae
Bought by
Guaranty Investment Company Inc
Seller's Agent
Pamela Anderson
ANDERSON REAL ESTATE
Buyer's Agent
TOYIN DAWODU
CAPITAL INVESTMENT GROUP
List Price
$740,000
Sold Price
$713,084
Premium/Discount to List
-$26,916
-3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.54%
Original Mortgage
$580,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2020
Sold by
Mendez Jose J and Mendez Guilleramina
Bought by
Federal Naional Mortagage Association

Purchase Details

Listed on
Oct 10, 2017
Closed on
Feb 26, 2018
Sold by
Magnum Property Investments Llc
Bought by
Mendez Jose J and Mendez Guillermina
Seller's Agent
Lisa Byrd
Broker Town, Inc.
Buyer's Agent
Lisa Byrd
Broker Town, Inc.
List Price
$530,000
Sold Price
$535,000
Premium/Discount to List
$5,000
0.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.57%
Original Mortgage
$450,500
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2017
Sold by
Dli Properties Llc
Bought by
Magnum Property Investments Llc

Purchase Details

Closed on
Apr 12, 2017
Sold by
Mtc Financial Inc
Bought by
Dli Properties Llc

Purchase Details

Closed on
Nov 4, 2008
Sold by
Beecher William P
Bought by
The William P Beecher Revocable Living T

Purchase Details

Closed on
Oct 17, 2008
Sold by
Beecher Barbara J
Bought by
Beck Sally Joan and Beecher William P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Muwanguzi Claire $1,190,000 Lawyers Title
Guaranty Investment Company Inc -- None Listed On Document
Quintero Juan -- None Listed On Document
Quintero Juan $1,150,000 None Listed On Document
Quintero Juan -- None Listed On Document
Guaranty Investment Company Inc $698,500 Lawyers Title
Federal Naional Mortagage Association $511,919 Title365
Mendez Jose J $535,000 Fidelity Sherman Oaks
Magnum Property Investments Llc -- Fidelity Sherman Oaks
Dli Properties Llc $321,257 None Available
The William P Beecher Revocable Living T -- None Available
Beck Sally Joan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muwanguzi Claire $927,000
Previous Owner Quintero Juan $950,000
Previous Owner Guaranty Investment Company Inc $580,000
Previous Owner Mendez Jose J $450,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/24/2024 08/24/24 Off Market $1,190,000 -- --
08/21/2024 08/21/24 Sold $1,190,000 -0.8% $290 / Sq Ft
07/12/2024 07/12/24 For Sale $1,199,989 0.0% $293 / Sq Ft
05/28/2024 05/28/24 Pending -- -- --
05/21/2024 05/21/24 Price Changed $1,199,989 -7.7% $293 / Sq Ft
05/16/2024 05/16/24 Price Changed $1,299,989 0.0% $317 / Sq Ft
05/07/2024 05/07/24 For Sale $1,299,999 +18.2% $317 / Sq Ft
07/27/2023 07/27/23 Sold $1,100,000 -4.8% $268 / Sq Ft View Prior Sale
07/21/2023 07/21/23 Pending -- -- --
07/03/2023 07/03/23 Price Changed $1,155,999 +2.7% $282 / Sq Ft
06/26/2023 06/26/23 Price Changed $1,125,999 -2.1% $275 / Sq Ft
06/21/2023 06/21/23 Price Changed $1,149,999 -4.2% $280 / Sq Ft
06/08/2023 06/08/23 For Sale $1,199,999 +9.1% $293 / Sq Ft
06/06/2023 06/06/23 Off Market $1,100,000 -- --
06/01/2023 06/01/23 For Sale $1,199,999 +9.1% $293 / Sq Ft
05/24/2023 05/24/23 Off Market $1,100,000 -- --
05/17/2023 05/17/23 Price Changed $1,199,999 +2.6% $293 / Sq Ft
05/12/2023 05/12/23 Price Changed $1,169,999 -7.9% $285 / Sq Ft
05/10/2023 05/10/23 Price Changed $1,269,999 +0.8% $310 / Sq Ft
04/14/2023 04/14/23 Price Changed $1,259,999 -3.1% $307 / Sq Ft
03/25/2023 03/25/23 For Sale $1,299,989 +82.3% $317 / Sq Ft
03/16/2022 03/16/22 Sold $713,084 -3.6% $545 / Sq Ft View Prior Sale
03/08/2022 03/08/22 Pending -- -- --
01/15/2022 01/15/22 For Sale $740,000 +38.3% $565 / Sq Ft
04/18/2018 04/18/18 Sold $535,000 -2.7% $226 / Sq Ft View Prior Sale
02/20/2018 02/20/18 Pending -- -- --
02/08/2018 02/08/18 Price Changed $550,000 +3.8% $233 / Sq Ft
01/24/2018 01/24/18 For Sale $530,000 0.0% $224 / Sq Ft
12/11/2017 12/11/17 Pending -- -- --
11/21/2017 11/21/17 For Sale $530,000 0.0% $224 / Sq Ft
10/30/2017 10/30/17 Pending -- -- --
10/10/2017 10/10/17 For Sale $530,000 -- $224 / 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
2025 $12,650 $1,190,000 $355,000 $835,000
2023 $12,650 $712,215 $91,800 $620,415
2022 $6,658 $592,574 $99,685 $492,889
2021 $6,564 $580,956 $97,731 $483,225
2020 $6,309 $556,614 $93,636 $462,978
2019 $15,383 $545,700 $91,800 $453,900
2018 $15,097 $520,200 $122,400 $397,800
2017 $1,746 $155,462 $28,809 $126,653
2016 $1,636 $152,415 $28,245 $124,170
2015 $1,611 $150,127 $27,822 $122,305
2014 $1,594 $147,188 $27,278 $119,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV24090255

California Regional Multiple Listing Service (CRMLS)

APN: 218-112-010