NOT LISTED FOR SALE

586 Main St Riverside, CA 92501

1 Bed
1 Bath
4,852 Sq Ft
43,429 Sq Ft Lot

Last Sold June 21, 2013

Last sale price $600,000 $124 Per Sq Ft

37 Days on Market

Highlights

  • Concierge
  • Housekeeping Services
  • 24-Hour Security
  • Marina
  • Community Stables
  • Fishing

About This Home

As of June 2013

Lakewood Cabins is a vacation resort that has been operating since 2006. There are nine cabins for rent with one being used by the onsite manager. Most of them are either studios or one-bedrooms. All have a full kitchen with utensils, refrigerator, microwave, toaster, coffee pot, hot water warmer, linens and towels. Apart from the full interior amenities, the surrounding outdoor area is beautiful with an open yard area that includes a BBQ pad, swing set for kids and a lounge/picnic area - all nestled in a pine tree forest setting within walking distance both from the Lake shore and from the Big Bear Village with shopping, fine dining and movie theater nearby. A rare opportunity to own a nice stable incoming producing property at such an affordable price.

Last Agent to Sell the Property

Ralph Liu

InvestorsAlly Realty License #01342940 Listed on: 04/27/2013

Last Buyer's Agent

Ralph Liu

InvestorsAlly Realty License #01342940 Listed on: 04/27/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,096

Year Built

  • Built in 1946

Lot Details

  • 1 Acre Lot
  • No Common Walls
  • Rural Setting
  • Density is 11-15 Units/Acre

Home Design

  • Cottage
  • Entry on the 1st floor
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 4,852 Sq Ft Home
  • 1-Story Property
  • Wood Frame Window
  • Panel Doors
  • Family Room with Fireplace
  • Carpet
  • Views of Woods
  • Built-In Range
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Parking

  • 20 Open Parking Spaces
  • 20 Parking Spaces
  • Parking Available
  • Assigned Parking
  • Unassigned Parking

Outdoor Features

  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 159
  • Tax Tract Number 1841
  • Assessor Parcel Number 0309101060000

Community Details

Overview

  • No Home Owners Association
  • 10 Buildings
  • 10 Units
  • Near a National Forest
  • Foothills
  • Mountainous Community
  • Property is near a preserve or public land
  • Valley

Amenities

  • Concierge
  • Housekeeping Services
  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Laundry Facilities

Recreation

  • Marina
  • Community Playground
  • Fishing
  • Hunting
  • Community Stables
  • Horse Trails

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $97,000
  • Gross Income $10,000
  • Net Operating Income $14,000

Security

  • 24-Hour Security

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,096

Year Built

Built in 1946

Lot Details

1 Acres

Listing Details

  • Inclusions: The Lakewood Cabin business with wbe site and client lists
  • Property Attached: No
  • Security: 24 Hour Security
  • View: Yes
  • Architectural Style: Cottage
  • Property Type: Residential Income
  • Parcel Number: 0309101060000
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Door Features: Panel Doors
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 123.66
  • Room Type: All Bedrooms Down
  • Window Features: Wood Frames

Exterior Features

  • View: Trees/Woods
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Unassigned
  • Total Parking Spaces: 20.00
  • Uncovered Spaces: 20.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Built-In Range
  • Heating Type: Central
  • Laundry Features: Common Area
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Amenities: Barbecue, Cable TV, Concierge, Fire Pit, Maid Service, Outdoor Cooking Area, Pets Permitted, Picnic Area, Playground, Security, Sewer, Trash, Utilities
  • Senior Community: No
  • Community Features: Blm/National Forest, Foothills, Hunting, Horse Trails, Mountainous, Preserve/Public Land, Stable(s), Rural, Sidewalks, Valley

Lot Info

  • Additional Parcels: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 43418.00
  • Lot Size Acres: 0.9970

Multi Family

  • Gross Income: 10000.00
  • Gross Scheduled Income: 111000.00
  • Lot Size Area: 43418.0000 Square Feet
  • Net Operating Income: 14000.00
  • Number Of Units Total: 10
  • Operating Expense: 97000.00
  • Rent Control: No
  • Total Expenses: 97000.00
  • Waterfront Features: Fishing in Community, Marina in Community

Tax Info

  • Tax Lot: 159
  • Tax Tract Number: 1841
  • Tax Annual Amount: 2096.00
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2017
Sold by
Yan Weihong
Bought by
Seji Management Llc

Purchase Details

Listed on
Apr 27, 2013
Closed on
Jun 18, 2013
Sold by
Zhao Jianghong
Bought by
Yan Weihong
Seller's Agent
Ralph Liu
InvestorsAlly Realty
Buyer's Agent
Ralph Liu
InvestorsAlly Realty
List Price
$648,000
Sold Price
$600,000
Premium/Discount to List
-$48,000
-7.41%

Purchase Details

Listed on
Apr 27, 2013
Closed on
Jun 11, 2013
Sold by
Undorf Inna L
Bought by
Yan Weihong
Seller's Agent
Ralph Liu
InvestorsAlly Realty
Buyer's Agent
Ralph Liu
InvestorsAlly Realty
List Price
$648,000
Sold Price
$600,000
Premium/Discount to List
-$48,000
-7.41%

Purchase Details

Closed on
Nov 4, 2000
Sold by
Pme Mtg Fund Inc
Bought by
Komisaruk Valeriy and Komisaruk Tetiana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
7.82%
Mortgage Type
Seller Take Back
Source: Public Records
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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
Seji Management Llc $819,000 Chicago Title Company
Yan Weihong -- Western Resources Title
Yan Weihong $550,000 Western Resources Title
Komisaruk Valeriy $495,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Komisaruk Valeriy $396,000
Closed Komisaruk Valeriy $29,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2013 06/21/13 Sold $600,000 -7.4% $124 / Sq Ft
06/03/2013 06/03/13 Pending -- -- --
04/27/2013 04/27/13 For Sale $648,000 -- $134 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,915 $482,669 $127,438 $355,231
2024 $7,615 $473,205 $124,939 $348,266
2023 $7,304 $463,926 $122,489 $341,437
2022 $6,930 $454,829 $120,087 $334,742
2021 $6,764 $445,910 $117,732 $328,178
2020 $6,816 $441,338 $116,525 $324,813
2019 $6,660 $432,684 $114,240 $318,444
2018 $6,449 $424,200 $112,000 $312,200
2017 $5,750 $366,058 $53,052 $313,006
2016 $5,627 $358,881 $52,012 $306,869
2015 $5,586 $353,491 $51,231 $302,260
2014 $5,500 $346,566 $50,227 $296,339
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC13076716

California Regional Multiple Listing Service (CRMLS)

APN: 0309-101-10

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