Seller's Agent in 2025
Alejandra Avila
RIVERSIDE REAL ESTATE PROFESSIONALS
(310) 800-5079
4 in this area
24 Total Sales
7442 Potomac St Riverside, CA 92504
Magnolia Center Neighborhood
4
Beds
2
Baths
1,647
Sq Ft
7,405
Sq Ft Lot
Highlights
- Neighborhood Views
- Laundry Room
- 1-Story Property
- Living Room
- Central Heating and Cooling System
About This Home
As of June 2025ATTENTION INVESTORS!!! Amazing income-producing duplex for sale! Welcome to Potomac. This wonderful 2 unit property comes with a 2bed / 1bath and a 2bed / 1bath with long-term tenants. The long driveway for extra parking leads to a two car detached garage. Property is conveniently located close to downtown Riverside, UCR, and many great dining and shopping destinations and close to 91 freeway. Please respect the privacy of tenants and do not disturb. You won't want to miss this opportunity!!!
Last Agent to Sell the Property
RIVERSIDE REAL ESTATE PROFESSIONALS Brokerage Phone: 310-800-5079 License #02055680 Listed on: 05/08/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,943
Year Built
- Built in 1952
Lot Details
- 7,405 Sq Ft Lot
- 1 Common Wall
- Density is 2-5 Units/Acre
Parking
- 2 Car Garage
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 1,647 Sq Ft Home
- 1-Story Property
- Living Room
- Neighborhood Views
- Gas Oven
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
Utilities
- Central Heating and Cooling System
- Water Heater
Listing and Financial Details
- Tax Lot 27
- Assessor Parcel Number 230122007
- $89 per year additional tax assessments
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Net Operating Income $3,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 8, 2025
Closed on
May 22, 2025
Sold by
Family Trust Of Kent William Lewis And B and Peterson Warren C
Bought by
Vega Sayra and Ramirez Pedro Vega
Seller's Agent
Alejandra Avila
RIVERSIDE REAL ESTATE PROFESSIONALS
Buyer's Agent
AKXELEM TEJEDA PATZAN
SAFE INVESTMENT REALTY GROUP
List Price
$649,000
Sold Price
$655,000
Premium/Discount to List
$6,000
0.92%
Views
35
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.34%
Original Mortgage
$524,000
Outstanding Balance
$522,201
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$132,009
Purchase Details
Closed on
Jul 17, 2003
Sold by
Lewis Kent W and Lewis Barbara J
Bought by
Lewis Kent William and Lewis Barbara Jean
Purchase Details
Closed on
Apr 5, 2000
Sold by
Smith Mary Jane Trust
Bought by
Peterson Warren C and Lewis Kent W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,500
Interest Rate
8.24%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $655,000 | Socal Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $112,500 | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $524,000 | New Conventional | |
| Previous Owner | $79,500 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/28/2025 10/28/25 | For Rent | $2,400 | 0.0% | -- |
| 06/25/2025 06/25/25 | Sold | $655,000 | +0.9% | $398 / Sq Ft |
| 05/16/2025 05/16/25 | Pending | -- | -- | -- |
| 05/08/2025 05/08/25 | For Sale | $649,000 | -- | $394 / 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 | $1,943 | $172,878 | $53,775 | $119,103 |
| 2023 | $1,943 | $166,167 | $51,688 | $114,479 |
| 2022 | $1,901 | $162,910 | $50,675 | $112,235 |
| 2021 | $1,888 | $159,717 | $49,682 | $110,035 |
| 2020 | $1,875 | $158,080 | $49,173 | $108,907 |
| 2019 | $1,841 | $154,981 | $48,209 | $106,772 |
| 2018 | $1,806 | $151,943 | $47,266 | $104,677 |
| 2017 | $1,775 | $148,965 | $46,340 | $102,625 |
| 2016 | $1,666 | $146,045 | $45,432 | $100,613 |
| 2015 | $1,642 | $143,852 | $44,750 | $99,102 |
| 2014 | $1,627 | $141,035 | $43,874 | $97,161 |
Source: Public Records
Agents Affiliated with this Home
-
Alejandra Avila
-
SAYRA VEGA
S
Seller's Agent in 2025
SAYRA VEGA
SAFE INVESTMENT REALTY GROUP
(661) 219-3903
8 Total Sales
-
AKXELEM TEJEDA PATZAN
A
Buyer's Agent in 2025
AKXELEM TEJEDA PATZAN
SAFE INVESTMENT REALTY GROUP
(661) 219-3903
1 in this area
36 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV25102311
APN: 230-122-007
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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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