NOT LISTED FOR SALE

5835 Crest Ave Riverside, CA 92503

Arlanza Neighborhood

Estimated Value: $634,000 - $1,183,000

4 Beds
2 Baths
1,452 Sq Ft
$544/Sq Ft Est. Value

Last Sold May 29, 2018

Last sale price $410,000 $282 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $4,557/month

44 Days on Market

Highlights

  • Tile Countertops
  • Tile Flooring
  • Wrought Iron Fence
  • Laundry Room
  • Ceiling Fan
  • No Heating

About This Home

As of May 2018

Priced to sell Duplex in Riverside!! Both units are 2 bedrooms and 1 bath each. These units are perfect for a 1st time buyer. They can live in one and rent out the other. For investors, this is a great property with excellent cash flow. Both units are occupied with long term tenants. Will not last long on the market!!

Last Agent to Sell the Property

Asia Vo

Asia Vo, Broker License #01924356 Listed on: 02/16/2018

Last Buyer's Agent

Ricardo Ibarra

Coldwell Banker Envision License #01819024

Coldwell Banker Envision

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 7,405 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Density is 2-5 Units/Acre

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 1,452 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Fire and Smoke Detector
  • Tile Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Utilities

  • No Heating

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 412
  • Assessor Parcel Number 150300023

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $100
  • Water Sewer Expense $1,300
  • Operating Expense $2,600
  • Gross Income $28,800
  • Net Operating Income $26,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 1300.00
  • Zoning: R1065
  • Property Type: Residential Income
  • Parcel Number: 150300023
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Tile Counters
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Levels: One
  • Price Per Square Foot: 282.37

Exterior Features

  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Trash Expense: 100.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7405.00

Multi Family

  • Gross Income: 28800.00
  • Gross Scheduled Income: 28800.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 26200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 2600.00
  • Rent Control: No
  • Total Actual Rent: 2400.00
  • Total Expenses: 2600.00

Tax Info

  • Tax Census Tract: 412.02
  • Tax Lot: 1
  • Tax Tract Number: 412

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2018
Closed on
Apr 6, 2018
Sold by
Phuong Asia
Bought by
Herrera Nieves and Herrera Deybi Rosales
Seller's Agent
Asia Vo
Asia Vo, Broker
Buyer's Agent
Ricardo Ibarra
Coldwell Banker Envision
List Price
$409,000
Sold Price
$410,000
Premium/Discount to List
$1,000
0.24%
Current Estimated Value
$789,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$379,954
Avg. Annual Appreciation
8.96%
Original Mortgage
$402,573
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 13, 2014
Closed on
Oct 30, 2014
Sold by
Silva Rosa
Bought by
Silva Pascual
Seller's Agent
MODESTO RODRIGUEZ
First Team Real Estate
Buyer's Agent
Asia Vo
Asia Vo, Broker
List Price
$300,000
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.39%
Original Mortgage
$294,566
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 13, 2014
Closed on
Oct 7, 2014
Sold by
Plasencia Ruben and Silva Pascual
Bought by
Vo Asia Phuong
Seller's Agent
MODESTO RODRIGUEZ
First Team Real Estate
Buyer's Agent
Asia Vo
Asia Vo, Broker
List Price
$300,000
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,566
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 29, 1992
Sold by
Perez Jose Luis
Bought by
Plasencia Ruben and Silva Pascual
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Herrera Nieves $410,000 Western Resources Title Comp
Silva Pascual -- Ticor Title
Vo Asia Phuong $300,000 Ticor Title
Plasencia Ruben -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herrera Nieves $402,573
Previous Owner Vo Asia Phuong $294,566
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/29/2018 05/29/18 Sold $410,000 +0.2% $282 / Sq Ft
04/01/2018 04/01/18 Pending -- -- --
02/16/2018 02/16/18 For Sale $409,000 +36.3% $282 / Sq Ft
12/04/2014 12/04/14 Sold $300,000 0.0% $207 / Sq Ft View Prior Sale
10/01/2014 10/01/14 Pending -- -- --
09/13/2014 09/13/14 For Sale $300,000 -- $207 / 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 $5,611 $466,506 $73,956 $392,550
2023 $5,611 $448,392 $71,085 $377,307
2022 $5,192 $439,601 $69,692 $369,909
2021 $5,106 $430,982 $68,326 $362,656
2020 $5,024 $426,564 $67,626 $358,938
2019 $4,959 $418,200 $66,300 $351,900
2018 $3,796 $316,878 $63,375 $253,503
2017 $3,726 $310,666 $62,133 $248,533
2016 $3,665 $304,575 $60,915 $243,660
2015 $3,611 $300,000 $60,000 $240,000
2014 $2,652 $222,129 $72,114 $150,015
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Asia Vo

    Asia Vo, Broker

    (714) 728-4517

    9 Total Sales

    Asia Vo
    Section Image

  • R

    Buyer's Agent in 2018

    Ricardo Ibarra

    Coldwell Banker Envision

    Section Image
  • MODESTO RODRIGUEZ

    Seller's Agent in 2014

    MODESTO RODRIGUEZ

    First Team Real Estate

    (909) 240-5828

    1 in this area

    30 Total Sales

    MODESTO RODRIGUEZ
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18037056

California Regional Multiple Listing Service (CRMLS)

APN: 150-300-023

California Riverside County Riverside 92503 Arlanza

5835 Crest Ave, Riverside, CA

Not Listed for Sale

MultiFamily

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