Seller's Agent in 2024
Omar Avila
Pinpoint Realtors
(951) 567-3133
5 in this area
52 Total Sales
6165 Hudson St Riverside, CA 92509
Pedley NeighborhoodEstimated Value: $569,000 - $1,292,000
8
Beds
5
Baths
2,284
Sq Ft
$452/Sq Ft
Est. Value
Highlights
- 0.48 Acre Lot
- No HOA
- 1-Story Property
About This Home
As of August 2024Discover an exceptional investment opportunity with this charming property on nearly half an acre, perfect for adding substantial rental income to your portfolio. This unique offering includes a duplex with two spacious 2-bedroom, 1-bathroom units, a detached 3-bedroom, 2-bathroom house, and a cozy 1-bedroom, 1-bathroom studio. Additionally, a versatile detached garage/workshop holds potential for conversion into an ADU (Accessory Dwelling Unit), subject to approval from local authorities. All units are currently tenant-occupied, ensuring a steady stream of rental income from day one. With its variety of living spaces and generous lot size, this property promises both immediate returns and long-term growth for discerning investors.
Last Agent to Sell the Property
Pinpoint Realtors Brokerage Phone: 951-567-3133 License #01954405 Listed on: 06/13/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1948
Lot Details
- 20,909 Sq Ft Lot
- 1 Common Wall
- Density is 2-5 Units/Acre
Parking
- 2 Car Garage
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 2,284 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Bathrooms
Listing and Financial Details
- Tax Lot 20
- Tax Tract Number 40402
- Assessor Parcel Number 165130008
- $46 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Buildings
- 4 Units
Building Details
- 4 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,400
- Trash Expense $600
- Water Sewer Expense $1,800
- Operating Expense $4,800
- Gross Income $79,728
- Net Operating Income $74,928
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 13, 2024
Closed on
Jun 25, 2024
Sold by
Singh Family Trust and Singh Surinder K
Bought by
Singh Sarjeet and Kaur Surinder
Seller's Agent
Omar Avila
Pinpoint Realtors
Buyer's Agent
Rabinder S Dhir
OFFERCITY HOMES
List Price
$1,259,999
Sold Price
$1,225,000
Premium/Discount to List
-$34,999
-2.78%
Views
15
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
-$192,893
Avg. Annual Appreciation
-9.81%
Original Mortgage
$720,000
Outstanding Balance
$711,200
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$320,907
Purchase Details
Closed on
Jul 5, 2007
Sold by
Singh Shangara and Singh Surinder K
Bought by
Singh Shangara and Singh Surinder K
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Singh Sarjeet | $1,225,000 | First American Title | |
| Singh Shangara | -- | None Available | |
| Singh Shangara | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Singh Sarjeet | $720,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/02/2024 08/02/24 | Sold | $1,225,000 | -2.8% | $536 / Sq Ft |
| 06/14/2024 06/14/24 | Pending | -- | -- | -- |
| 06/13/2024 06/13/24 | For Sale | $1,259,999 | -- | $552 / 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 | $3,042 | $1,225,000 | $390,000 | $835,000 |
| 2023 | $3,042 | $272,144 | $98,795 | $173,349 |
| 2022 | $2,991 | $266,808 | $96,858 | $169,950 |
| 2021 | $2,970 | $261,577 | $94,959 | $166,618 |
| 2020 | $2,944 | $258,896 | $93,986 | $164,910 |
| 2019 | $2,871 | $253,821 | $92,144 | $161,677 |
| 2018 | $2,779 | $248,845 | $90,339 | $158,506 |
| 2017 | $2,751 | $243,967 | $88,568 | $155,399 |
| 2016 | $2,714 | $239,184 | $86,832 | $152,352 |
| 2015 | $2,677 | $235,593 | $85,529 | $150,064 |
| 2014 | $2,494 | $230,979 | $83,854 | $147,125 |
Source: Public Records
Agents Affiliated with this Home
-
Omar Avila
-
Rabinder S Dhir
Buyer's Agent in 2024
Rabinder S Dhir
OFFERCITY HOMES
(909) 237-1313
1 in this area
21 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IG24121257
APN: 165-130-008
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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