Seller's Agent in 2015
Melissa Coles
RE/MAX
(951) 751-8136
45 Total Sales
5944 Palm Ave Riverside, CA 92506
Wood Streets Neighborhood
6
Beds
5
Baths
13,511
Sq Ft
0.66
Acres
Highlights
- 0.66 Acre Lot
- Main Floor Primary Bedroom
- Courtyard Views
- Open Floorplan
- No HOA
- Balcony
About This Home
As of October 2015INVESTORS! Welcome to the Hacienda Apartments in beautiful Riverside. This spectacular 12 unit apartment complex is well maintained, established with several long time residents. There are 8, 2 bed 2 bath units, 3, 1 bed 1 bath units, and the 12th unit is a separate lovely home with 3 bedrooms and 2 bathrooms. It features a large master bedroom downstairs with a sliding door outside and a full bath. Two spacious bedrooms upstairs both with walk in closets and one with a balcony. A large living room, light and bright with several windows and a cozy fireplace for those cold winter nights. Lovely built in cabinets throughout. A built in desk and book shelves off the formal dining room adds to the charm. The kitchen is open and light complete with an eating area with direct access to the patio and the 3 car detached garage. The third car garage is great for a workshop, it even has a powder room. This unit is perfect for the owner, on site property manager or another great rental. Pride of ownership and it shows, the owner has dedicated her time caring and managing this complex for over 40+ years. The grounds are immaculate with many mature trees, fruit trees, blooming flowers and birds. This is a must see, No vacancies for years and No evictions.
Last Agent to Sell the Property
Re/Max Partners License #01439193 Listed on: 08/20/2015
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1960
Lot Details
- 0.66 Acre Lot
- Property fronts an alley
- Two or More Common Walls
- Block Wall Fence
- Paved or Partially Paved Lot
- Level Lot
- Front and Back Yard Sprinklers
- Density is 11-15 Units/Acre
Parking
- 3 Car Garage
- 12 Carport Spaces
- Parking Available
- Side Facing Garage
- Uncovered Parking
Home Design
- Property Attached
- Turnkey
- Slab Foundation
- Shingle Roof
- Composition Roof
- Stucco
Interior Spaces
- 13,511 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Built-In Features
- Ceiling Fan
- Awning
- Drapes & Rods
- Blinds
- Sliding Doors
- Living Room with Fireplace
- Storage
- Laundry Room
- Courtyard Views
Kitchen
- Electric Oven
- Electric Range
- Dishwasher
- Laminate Countertops
- Disposal
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- 5 Bathrooms
Home Security
- Home Security System
- Carbon Monoxide Detectors
Outdoor Features
- Balcony
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Gas Water Heater
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 1617
- Tax Tract Number 307
- Assessor Parcel Number 218210038
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 12 Units
- Greenbelt
Building Details
- 11 Leased Units
- 12 Separate Electric Meters
- 12 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $9,064
- Trash Expense $877
- New Taxes Expense $5,706
- Gross Income $10,559
- Net Operating Income $71,303
Security
- Resident Manager or Management On Site
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/21/2015 10/21/15 | Sold | $1,465,000 | +12.7% | $108 / Sq Ft |
| 08/27/2015 08/27/15 | Pending | -- | -- | -- |
| 08/10/2015 08/10/15 | For Sale | $1,300,000 | -- | $96 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $19,097 | $1,734,256 | $550,462 | $1,183,794 |
| 2023 | $19,097 | $1,666,915 | $529,088 | $1,137,827 |
| 2022 | $18,670 | $1,634,231 | $518,714 | $1,115,517 |
| 2021 | $18,377 | $1,602,189 | $508,544 | $1,093,645 |
| 2020 | $18,240 | $1,585,762 | $503,330 | $1,082,432 |
| 2019 | $17,901 | $1,554,669 | $493,461 | $1,061,208 |
| 2018 | $17,556 | $1,524,186 | $483,786 | $1,040,400 |
| 2017 | $17,248 | $1,494,300 | $474,300 | $1,020,000 |
| 2016 | $16,152 | $1,465,000 | $465,000 | $1,000,000 |
| 2015 | $5,766 | $500,104 | $68,199 | $431,905 |
| 2014 | $5,707 | $490,310 | $66,864 | $423,446 |
Source: Public Records
Agents Affiliated with this Home
-
Melissa Coles
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IG15176351
APN: 218-210-038
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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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