NOT LISTED FOR SALE
3 Beds
2 Baths
3,178 Sq Ft
0.27 Acres

Last Sold October 09, 2020

Last sale price $880,000 $277 Per Sq Ft

Highlights

  • No HOA
  • Evaporated cooling system
  • Family Room

About This Home

As of October 2020

6158 Tyler Street, a 6-unit multifamily investment property located in Riverside, one of the premier housing markets nationwide. Built in 1960, 6158 Tyler Street consists of 2x 2 bed 1 bath and 4X 1 bed and 1 bath units. Good tenants paying on time. There is plenty of parking on the property. Units do not have washer/dryer hookups. There is one gas, water and power meter on the property and currently, seller is paying for all utilities. Great added value in rent and property value if sub-metered. Walking distance to restaurants and shops.

Last Agent to Sell the Property

Rupi Azrot

OFFERCITY HOMES License #02050423 Listed on: 09/22/2020

Last Buyer's Agent

Rupi Azrot

OFFERCITY HOMES License #02050423 Listed on: 09/22/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 0.27 Acre Lot
  • 1 Common Wall
  • Flag Lot

Home Design

  • Property Attached
  • Cosmetic Repairs Needed
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 3,178 Sq Ft Home
  • Family Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 12 Open Parking Spaces
  • 24 Parking Spaces
  • 12 Carport Spaces

Outdoor Features

  • Exterior Lighting

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for cable TV
  • Legal Lot and Block 4 / 2
  • Tax Tract Number 9175
  • Assessor Parcel Number 150101032

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • Electric Expense $2,839
  • Insurance Expense $2,913
  • Trash Expense $2,526
  • Water Sewer Expense $5,677
  • New Taxes Expense $4,849
  • Operating Expense $24,118
  • Net Operating Income $49,862

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 5.55
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Sewer Expenses: 5677.30
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 150101032
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 276.90
  • Room Type: Family Room, Kitchen

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Carport Spaces: 12.00
  • Total Parking Spaces: 24.00
  • Uncovered Spaces: 12.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 2525.70
  • Water Source: Public
  • Cooling: Wall/Window Unit(s), Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Flag Lot
  • Lot Size Sq Ft: 11761.00
  • Lot Size Acres: 0.2700

Rental Info

  • Tenant Pays: Cable TV

Multi Family

  • Electric Expense: 2838.60
  • Gross Scheduled Income: 73980.00
  • Insurance Expense: 2912.50
  • Lot Size Area: 11761.0000 Square Feet
  • Net Operating Income: 49862.29
  • Number Of Units Total: 6
  • Number With Range: 6
  • Operating Expense: 24117.70
  • Rent Control: No
  • Total Expenses: 24117.70

Tax Info

  • New Taxes Expense: 4849.00
  • Tax Block: 2
  • Tax Census Tract: 411.02
  • Tax Lot: 4
  • Tax Tract Number: 009175

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 Change Sq Ft Price
10/09/2020 10/09/20 Sold $880,000 -2.2% $277 / Sq Ft
09/22/2020 09/22/20 Pending -- -- --
09/22/2020 09/22/20 For Sale $899,900 -- $283 / 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: IV20197912

California Regional Multiple Listing Service (CRMLS)

APN: 150-101-032