5875 Picker St Riverside, CA 92503
Arlanza NeighborhoodEstimated payment $5,709/month
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 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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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)
MLS Number: IV25234792
APN: 151-112-014
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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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Ask me questions while you tour the home.