NOT LISTED FOR SALE

Estimated Value: $575,000 - $887,000

5 Beds
3 Baths
1,890 Sq Ft
$417/Sq Ft Est. Value

Last Sold July 03, 2017

Last sale price $363,000 $192 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $4,543/month

61 Days on Market

Highlights

  • Fireplace in Kitchen
  • Traditional Architecture
  • No HOA
  • Property is near a park
  • Private Yard
  • Neighborhood Views

About This Home

As of July 2017

INCOME PROPERTY OPPORTUNITY! This Multi-Family Dwelling 3-unit property in Arlanza Section of Riverside may be just what you’ve been looking for! Unit(1) #5787 2 Bedroom 1 Bath with a gated front yard, laundry/dryer hook ups in Back of Building. Unit (2) Also located in front 1 Bedroom/1 Bath has a gated front yard, clothes lines on side with laundry/dryer hook ups in patio with a private little area. (3) Unit is seperate building in back with 2 bed 1 bath with Laundry/ Dryer hook ups outside, These units have enough parking space with carports, Seperate Electrical boxes, and gas meters. The property is rented with long term tenants who would like to stay if possible. Don’t miss out on this investment opportunity, centrally located in town walking distance to grocery stores, parks, close to transportation and Arlanza Community Center. Call today to schedule your appointment while this property is still available!

Last Agent to Sell the Property

Laura Dominguez

Century 21 Cornerstone License #01881291 Listed on: 04/01/2017

Century 21 Cornerstone

Last Buyer's Agent

Terry Anzaldi

Landmark Property Management License #01948781

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 6,534 Sq Ft Lot
  • Two or More Common Walls
  • Chain Link Fence
  • Fence is in excellent condition
  • Private Yard
  • Lawn
  • Front Yard
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex
  • Traditional Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,890 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Fireplace in Kitchen

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • 2 Detached Carport Spaces
  • Parking Storage or Cabinetry
  • Parking Available

Outdoor Features

  • Exterior Lighting
  • Shed
  • Rain Gutters

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 6534 / 0411
  • Tax Tract Number 411
  • Assessor Parcel Number 151172016

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Gravel, Not Maintained
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Camp Anza
  • View: Yes
  • Zoning: R3
  • Architectural Style: Traditional
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 151172016
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Kitchen
  • Levels: One
  • Price Per Square Foot: 192.06
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Slab
  • Other Structures: Shed(s)
  • Exterior Features: Lighting, Rain Gutters
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Chain Link, Excellent Condition
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Built-In Storage, Carport, Detached Carport
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Cooktop
  • Heating Type: Wall Furnace
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Lawn, Near Public Transit, Park Nearby, Yard
  • Lot Size: 6534
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Lot Size Area: 6534.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Rent Control: No
  • Total Actual Rent: 2150.00

Tax Info

  • Tax Block: 0411
  • Tax Census Tract: 411.01
  • Tax Lot: 6534
  • Tax Tract Number: 411.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2024
Sold by
Shabgahi Flor
Bought by
Shabgahi Flor Toughian Living Trust and Shabgahi
Current Estimated Value
$788,421

Purchase Details

Listed on
Apr 1, 2017
Closed on
Jul 10, 2017
Sold by
Shabgahi Farid
Bought by
Shabgahi Flor
Seller's Agent
Laura Dominguez
Century 21 Cornerstone
Buyer's Agent
Terry Anzaldi
Landmark Property Management
List Price
$362,250
Sold Price
$363,000
Premium/Discount to List
$750
0.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.55%
Original Mortgage
$356,425
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 1, 2017
Closed on
Jun 6, 2017
Sold by
Morales Ruben and Morales Genny
Bought by
Shabgahi Farid and Shabgahi Flor
Seller's Agent
Laura Dominguez
Century 21 Cornerstone
Buyer's Agent
Terry Anzaldi
Landmark Property Management
List Price
$362,250
Sold Price
$363,000
Premium/Discount to List
$750
0.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,425
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 2, 1994
Sold by
First Union Mtg Corp
Bought by
Morales Ruben and Morales Genny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,407
Interest Rate
8.57%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shabgahi Flor Toughian Living Trust -- None Listed On Document
Shabgahi Flor -- None Available
Shabgahi Farid $363,000 Old Republic Title Company
Morales Ruben $85,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shabgahi Farid $356,425
Previous Owner Morales Ruben $84,407
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2017 07/03/17 Sold $363,000 +0.2% $192 / Sq Ft
04/01/2017 04/01/17 For Sale $362,250 -- $192 / 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 $4,940 $413,028 $73,956 $339,072
2023 $4,940 $396,991 $71,085 $325,906
2022 $4,573 $389,208 $69,692 $319,516
2021 $4,499 $381,577 $68,326 $313,251
2020 $4,426 $377,665 $67,626 $310,039
2019 $4,368 $370,260 $66,300 $303,960
2018 $4,306 $363,000 $65,000 $298,000
2017 $1,570 $122,984 $50,637 $72,347
2016 $1,546 $120,574 $49,645 $70,929
2015 $1,524 $118,764 $48,900 $69,864
2014 $1,518 $116,440 $47,943 $68,497
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17068994

California Regional Multiple Listing Service (CRMLS)

APN: 151-172-016