NOT LISTED FOR SALE

701 Main St Riverside, CA 92501

6 Beds
5 Baths
1,864 Sq Ft
12,632 Sq Ft Lot

Last Sold November 06, 2018

Last sale price $300,000 $161 Per Sq Ft

15 Days on Market

Highlights

  • Laundry Room
  • Mountainous Community
  • Back Yard

About This Home

As of November 2018

BACK ON THE MARKET.***INVESTORS DELIGHT.!!!! ABSOLUTLEY GREAT OPPORTUNITY TO OWN THIS FIVE SEPARATE CABINS. FOUR UNITS ONE BEDROOM ONE BATHROOM AND ONE UNIT 2 BEDROOMS 1- BATHROOM, FIREPLACE AND VERY SPACIOUS.
UNITS ARE IN VERY GOOD SHAPE ON THE NEED OF SOME TLC. SEATING ON A BIG LOT, WALKING DISTANCE TO BIG BEAR LAKE MARINA.
****AGENTS PLEASE READ AGENTS REMARKS BEFORE SHOWING PROPERTY OR SUBMITTING OFFER***

Last Agent to Sell the Property

Amaury Montalvo

Century 21 Realty Masters License #01208761 Listed on: 07/24/2018

Century 21 Realty Masters

Last Buyer's Agent

Erin Lanza

RE/MAX Big Bear License #01825817

RE/MAX Big Bear

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 0.29 Acre Lot
  • No Common Walls
  • Back Yard

Home Design

  • 1,864 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room

Utilities

  • Private Water Source
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 43
  • Tax Tract Number 2011
  • Assessor Parcel Number 0309117140000

Community Details

Overview

  • 5 Buildings
  • 5 Units
  • Mountainous Community

Amenities

  • Laundry Facilities

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,800
  • Insurance Expense $1,000
  • Trash Expense $600
  • Water Sewer Expense $3,000
  • New Taxes Expense $4,497
  • Operating Expense $10,897
  • Gross Income $48,000
  • Net Operating Income $32,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0.29 Acres

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 3000.00
  • Property Type: Residential Income
  • Parcel Number: 0309117140000
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 160.94

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Inside
  • Sewer: Unknown
  • Trash Expense: 600.00
  • Water Source: Private

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Mountainous

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 12634.00
  • Lot Size Acres: 0.2900

Multi Family

  • Electric Expense: 1800.00
  • Gross Income: 48000.00
  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 12634.0000 Square Feet
  • Net Operating Income: 32200.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 15800.00
  • Rent Control: No
  • Total Expenses: 10897.00

Tax Info

  • New Taxes Expense: 4497.00
  • Tax Census Tract: 112.05
  • Tax Lot: 43
  • Tax Tract Number: 2011
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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
11/06/2018 11/06/18 Sold $300,000 0.0% $161 / Sq Ft
08/08/2018 08/08/18 Off Market $300,000 -- --
08/08/2018 08/08/18 Pending -- -- --
07/24/2018 07/24/18 For Sale $300,000 -- $161 / 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 $8,743 $334,656 $139,440 $195,216
2024 $8,405 $328,094 $136,706 $191,388
2023 $7,882 $321,660 $134,025 $187,635
2022 $7,279 $315,353 $131,397 $183,956
2021 $6,907 $309,170 $128,821 $180,349
2020 $6,869 $306,000 $127,500 $178,500
2019 $6,732 $300,000 $125,000 $175,000
2018 $4,624 $253,776 $140,450 $113,326
2017 $4,497 $248,800 $137,696 $111,104
2016 $4,400 $243,921 $134,996 $108,925
2015 $4,369 $240,257 $132,968 $107,289
2014 $4,306 $235,550 $130,363 $105,187
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18180985

California Regional Multiple Listing Service (CRMLS)
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