R
Seller's Agent in 2021
Ryan Robson
U.S. Real Estate Services, Inc
(949) 598-9920
1 in this area
5 Total Sales
5964 Crest Ave Riverside, CA 92503
La Sierra Acres NeighborhoodEstimated Value: $917,000 - $1,104,000
2
Beds
1
Bath
2,880
Sq Ft
$340/Sq Ft
Est. Value
Highlights
- No HOA
- Chain Link Fence
- 1-Story Property
- Cooling System Mounted To A Wall/Window
- Wall Furnace
About This Home
As of April 2021INVESTORS! INVESTORS! INVESTORS! This Multi Family property is (4) 2 bedroom / 1 bath units. It consists of two individual single level buildings housing 2 units each with a huge driveway in the center for tenant parking. Property has been upgraded and improved over the years of ownership. Each unit is individually metered for gas and electric. The owner pays for water and gardening which runs about $200 per month. Each unit has a wall A/C and a gas wall heater inside. Each unit also has their own individual backyard. Property located in a coveted school district which offers after school programs for children which is highly attractive for tenants. Hurry this property won't last long!
Last Agent to Sell the Property
U.S. Real Estate Services, Inc License #01261783 Listed on: 03/02/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1959
Lot Details
- 10,019 Sq Ft Lot
- No Common Walls
- Chain Link Fence
- Density is up to 1 Unit/Acre
Home Design
- Rolled or Hot Mop Roof
Interior Spaces
- 2,880 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 2 / 18
- Tax Tract Number 411
- Assessor Parcel Number 150232005
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $1,700
- Water Sewer Expense $1,200
- New Taxes Expense $9,045
- Operating Expense $13,295
- Gross Income $57,600
- Net Operating Income $44,305
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 2, 2021
Closed on
Apr 1, 2021
Sold by
Robson Ryan R and Robson Kiffin N
Bought by
Belajian Gary and Belajian Ovsanna
Seller's Agent
Ryan Robson
U.S. Real Estate Services, Inc
Buyer's Agent
Arbi Baghoomian
Americana Real Estate Services
List Price
$765,000
Sold Price
$820,000
Premium/Discount to List
$55,000
7.19%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,583
Avg. Annual Appreciation
3.72%
Original Mortgage
$492,000
Outstanding Balance
$444,216
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$535,367
Purchase Details
Closed on
Aug 2, 2007
Sold by
Robson Ryan R
Bought by
Robson Ryan R and Robson Kiffin N
Purchase Details
Closed on
Jun 9, 2004
Sold by
The Hart Family Trust
Bought by
Robson Ryan R and Robson Gary M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.87%
Mortgage Type
Unknown
Purchase Details
Closed on
Sep 18, 1996
Sold by
Hart George H and Hart Bona E
Bought by
Hart George H and Hart Bonnie E
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Belajian Gary | $820,000 | Fidelity National Title Co | |
| Robson Ryan R | -- | None Available | |
| Robson Ryan R | $375,000 | Lawyers Title | |
| Hart George H | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Belajian Gary | $492,000 | |
| Previous Owner | Robson Ryan R | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/19/2021 04/19/21 | Sold | $820,000 | +7.2% | $285 / Sq Ft |
| 03/27/2021 03/27/21 | Price Changed | $765,000 | -6.1% | $266 / Sq Ft |
| 03/27/2021 03/27/21 | Price Changed | $815,000 | +6.5% | $283 / Sq Ft |
| 03/02/2021 03/02/21 | For Sale | $765,000 | -- | $266 / 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 | $10,716 | $887,593 | $162,364 | $725,229 |
| 2023 | $10,716 | $853,128 | $156,060 | $697,068 |
| 2022 | $9,920 | $836,400 | $153,000 | $683,400 |
| 2021 | $4,080 | $335,213 | $104,187 | $231,026 |
| 2020 | $4,016 | $331,777 | $103,119 | $228,658 |
| 2019 | $3,965 | $325,273 | $101,098 | $224,175 |
| 2018 | $3,911 | $318,896 | $99,116 | $219,780 |
| 2017 | $3,841 | $312,644 | $97,173 | $215,471 |
| 2016 | $3,780 | $306,515 | $95,268 | $211,247 |
| 2015 | $3,654 | $296,000 | $92,000 | $204,000 |
| 2014 | $3,711 | $296,000 | $92,000 | $204,000 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Robson
-
Arbi Baghoomian
Buyer's Agent in 2021
Arbi Baghoomian
Americana Real Estate Services
(818) 244-2777
1 in this area
59 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC21043679
APN: 150-232-005
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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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