$995,000

5875 Picker St Riverside, CA 92503

Arlanza Neighborhood

Estimated payment $5,786/month

Total Views 9,177
5 Beds
-- Bath
3,000 Sq Ft
$332 Price per Sq Ft

About This Home

Investor Opportunity! This unique property includes two adjoining parcels totaling approximately 1⁄4 acre, featuring four income-producing units, all currently rented. With zoning that allows for 5–10 apartment units (per Realist tax records), this property offers exceptional potential for expansion or redevelopment. Conveniently located and fully occupied, it’s a great addition to any investment portfolio. Drive by only — please do not disturb tenants. Showings by appointment only.

Listing Agent

Jesse Streeter

JESSE STREETER REAL ESTATE Brokerage Phone: 951-756-8437 License #01411858 Listed on: 10/17/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 0.25 Acre Lot
  • Two or More Common Walls
  • 151112014

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 3,000 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Unit 1 Bathroom: 0

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 121
  • Tax Tract Number 9174
  • Assessor Parcel Number 151112012
  • $41 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $5,664
  • Fuel Expense $480
  • Trash Expense $444
  • Water Sewer Expense $432
  • Operating Expense $6,540
  • Gross Income $68,400
  • Net Operating Income $61,860

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 432.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 151112012
  • Year Built: 1945
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 331.67

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 444.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 151112014
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 11000.00
  • Lot Size Acres: 0.2525
  • Latitude Manual: 33.94126900

Multi Family

  • Electric Expense: 5664.00
  • Fuel Expense: 480.00
  • Gross Income: 68400.00
  • Gross Scheduled Income: 68400.00
  • Lot Size Area: 11000.0000 Square Feet
  • Net Operating Income: 61860.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 6540.00
  • Rent Control: No
  • Total Expenses: 6540.00

Tax Info

  • Tax Lot: 121
  • Tax Tract Number: 009174
  • TaxOtherAnnualAssessmentAmount: 41.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $6,992 $574,769 $79,016 $495,753
2023 $6,992 $101,314 $20,881 $80,433
2022 $1,306 $99,328 $20,472 $78,856
2021 $1,294 $97,381 $20,071 $77,310
2020 $1,275 $96,384 $19,866 $76,518
2019 $1,261 $94,495 $19,477 $75,018
2018 $1,245 $92,644 $19,096 $73,548
2017 $1,225 $90,828 $18,722 $72,106
2016 $1,207 $89,048 $18,355 $70,693
2015 $1,190 $87,712 $18,080 $69,632
2014 $1,185 $85,996 $17,727 $68,269
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2025 10/17/25 For Sale $995,000 -- $332 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV25234792

California Regional Multiple Listing Service (CRMLS)

APN: 151-112-014

California Riverside County Riverside 92503 Arlanza

5875 Picker St, Riverside, CA

For Sale

MultiFamily

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Jesse Streeter
Listing Agent
Jesse Streeter
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JESSE STREETER REAL ESTATE
(909) 403-4799