NOT LISTED FOR SALE
6 Beds
4 Baths
4,387 Sq Ft
0.65 Acres

Last Sold April 14, 2017

Last sale price $463,000 $106 Per Sq Ft

32 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Rectangular Lot
  • Private Yard

About This Home

As of April 2017

This prime location is perfectly situated near the Galleria at Tyler Mall and California Baptist University. The property consists of 5 separate houses sitting on an enormous 22,314 lot. Nestled in between Tyler Street, Van Buren Blvd and the 91 FWY this property is near many upscale restaurants and attractions that Riverside has to offer. The property is located just 3.2 miles from La Sierra University and Castle Park Amusement Park, making it a highly desirable area of Riverside. This is an extremely rare investment that features an attractive unit mix with the front house being 3Bed + 1Bath, 2 houses with 2Bed + 1Bath each, 1 house that is 1Bed + 1Bath and 1 Studio unit. All units are individually metered for electricity and gas. Each unit is equipped with a private fenced yard.

Last Agent to Sell the Property

Han Widjaja-Chen

GIG Real Estate Inc. License #01749321 Listed on: 02/13/2017

Last Buyer's Agent

Han Widjaja-Chen

GIG Real Estate Inc. License #01749321 Listed on: 02/13/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 0.65 Acre Lot
  • Two or More Common Walls
  • Rectangular Lot
  • Level Lot
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Home Design

  • 4,387 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Location

  • Suburban Location

Utilities

  • Septic Type Unknown
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 150232016

Community Details

Overview

  • No Home Owners Association
  • 5 Buildings
  • 5 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 5 Separate Water Meters
  • Operating Expense $14,422
  • Gross Income $41,700
  • Net Operating Income $26,027

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Price Per Unit: 90000
  • Property Attached: Yes
  • Zoning: R1RL
  • Property Type: Residential Income
  • Parcel Number: 150232016
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 105.54
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Connected, Water Available, Water Connected
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard, Lawn, Level with Street, Lot 20000-39999 Sqft, Rectangular Lot, Yard
  • Lot Size Sq Ft: 28314.00

Multi Family

  • Gross Income: 41700.00
  • Gross Scheduled Income: 41700.00
  • Net Operating Income: 26027.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Number Of Units Total: 5
  • Operating Expense: 14422.00
  • Rent Control: No
  • Total Expenses: 14422.00

Tax Info

  • Tax Census Tract: 411.02

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2017 04/14/17 Sold $463,000 +2.9% $106 / Sq Ft
03/17/2017 03/17/17 Pending -- -- --
02/13/2017 02/13/17 For Sale $450,000 -- $103 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR17030259

California Regional Multiple Listing Service (CRMLS)

APN: 150-232-016