NOT LISTED FOR SALE

8038 Mission Blvd Riverside, CA 92509

Glen Avon Neighborhood

Estimated Value: $706,000 - $1,093,000

8 Beds
4 Baths
3,621 Sq Ft
$258/Sq Ft Est. Value

Last Sold June 05, 2012

Last sale price $300,000 $83 Per Sq Ft

Est. 211% increase in value since last sale

Current estimated payment $5,286/month

153 Days on Market

About This Home

As of June 2012

Amazing investment opportunity. Hurry this one won't last. STANDARD SALE!

Last Agent to Sell the Property

Manuel Guerrero

Realty One Group Homelink License #01292377 Listed on: 12/05/2011

Realty One Group Homelink

Last Buyer's Agent

Manuel Guerrero

Realty One Group Homelink License #01292377 Listed on: 12/05/2011

Realty One Group Homelink

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1942

Lot Details

  • 1.25

Parking

  • 8 Parking Spaces

Home Design

  • 3,621 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • 1.25 Acre Lot
  • No Heating

Listing and Financial Details

  • Tax Lot A1
  • Tax Tract Number 9825
  • Assessor Parcel Number 171170024

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gross Income $2,990
  • Net Operating Income $2,900

Property Details

Home Type

Multi-Family

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Parcel Number: 171170024
  • Year Built: 1942
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: One
  • Price Per Square Foot: 82.85

Garage/Parking

  • Total Parking Spaces: 8.00

Utilities

  • Heating: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 54450.00
  • Lot Size Acres: 1.2500

Multi Family

  • Gross Income: 2990.00
  • Gross Scheduled Income: 3600.00
  • Lot Size Area: 54450.0000 Square Feet
  • Net Operating Income: 2900.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 700.00
  • Rent Control: No
  • Total Actual Rent: 3550.00

Tax Info

  • Tax Lot: A1
  • Tax Tract Number: 9825
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2024
Sold by
Guerrero Manuel and Guerrero Guillermina
Bought by
Guerrero Manuel and Guerrero Guillermina
Current Estimated Value
$932,794

Purchase Details

Closed on
Oct 22, 2024
Sold by
Guerrero Manuel and Guerrero Guillermina
Bought by
Guerrero Manuel and Guerrero Guillermina

Purchase Details

Closed on
Jul 25, 2022
Sold by
My Home Enterprise Llc
Bought by
Liv Manuel and Liv Guillermina

Purchase Details

Closed on
Sep 13, 2018
Sold by
Guerrero Manuel E and Guerrero Manuel
Bought by
My Home Enterprise Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 20, 2018
Sold by
Guerrero Guillermina
Bought by
Guerrero Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
7.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 14, 2016
Sold by
My Home Enterprise Llc
Bought by
Guerrero Manuel

Purchase Details

Closed on
Feb 23, 2015
Sold by
Chavez Denice M
Bought by
My Home Enterprises Llc

Purchase Details

Listed on
Dec 5, 2011
Closed on
May 29, 2012
Sold by
My Home Enterprises Llc
Bought by
Chavez Denice M
Seller's Agent
Manuel Guerrero
Realty One Group Homelink
Buyer's Agent
Manuel Guerrero
Realty One Group Homelink
List Price
$349,000
Sold Price
$300,000
Premium/Discount to List
-$49,000
-14.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.71%
Original Mortgage
$180,000
Interest Rate
3.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 7, 2011
Sold by
Amezcua Luz
Bought by
My Home Enterprise Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
4.82%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 20, 2010
Sold by
Guerrero Guillermina
Bought by
Amezcua Luz

Purchase Details

Closed on
Apr 11, 2010
Sold by
Amezcua Luz
Bought by
Guerrero Guillermina

Purchase Details

Closed on
Aug 5, 2005
Sold by
Schmidt Gary Thomas and Schmidt Wendy Barr
Bought by
Amezcua Luz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 9, 2003
Sold by
Schmidt Gary T and Schmidt Wendy
Bought by
Schmidt Gary Thomas and Schmidt Wendy Barr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
5.53%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 14, 1998
Sold by
Schmidt Gary T and Schmidt Wendy Wendy
Bought by
Schmidt Gary T and Schmidt Wendy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Guerrero Manuel -- None Listed On Document
Guerrero Manuel -- None Listed On Document
Guerrero Manuel -- Pacific Coast Title
Liv Manuel -- Lawyers Title
My Home Enterprise Llc -- Wfg National Title Co Of Ca
Guerrero Manuel -- Pacific Coast Title Company
Guerrero Manuel -- None Available
My Home Enterprises Llc -- None Available
Chavez Denice M $300,000 Fidelity National Title Co
My Home Enterprise Llc $250,000 Lawyers Title
Amezcua Luz -- Lawyers
Guerrero Guillermina -- Lawyers
Guerrero Guillermina -- None Available
Amezcua Luz $585,000 First American Title Company
Schmidt Gary Thomas -- First American Title Co
Schmidt Gary T -- First American Title Co
Schmidt Gary T -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner My Home Enterprise Llc $200,000
Previous Owner Guerrero Manuel $320,000
Previous Owner Chavez Denice M $180,000
Previous Owner My Home Enterprise Llc $139,000
Previous Owner Amezcua Luz $468,000
Previous Owner Schmidt Gary T $76,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2012 06/05/12 Sold $300,000 -14.0% $83 / Sq Ft
05/06/2012 05/06/12 Pending -- -- --
12/05/2011 12/05/11 For Sale $349,000 -- $96 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $4,904 $459,588 $264,375 $195,213
2023 $4,904 $1,685,000 $960,000 $725,000
2022 $4,823 $433,083 $249,128 $183,955
2021 $4,789 $424,593 $244,244 $180,349
2020 $4,747 $420,240 $241,740 $178,500
2019 $4,745 $420,179 $237,025 $183,154
2018 $4,592 $411,941 $232,378 $179,563
2017 $4,545 $403,865 $227,822 $176,043
2016 $4,484 $395,947 $223,355 $172,592
2015 $3,564 $313,526 $156,763 $156,763
2014 $3,320 $307,388 $153,694 $153,694
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Manuel Guerrero

    Realty One Group Homelink

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: K11158223

California Regional Multiple Listing Service (CRMLS)

APN: 171-170-024

California Riverside County Riverside 92509 Glen Avon

8038 Mission Blvd, Riverside, CA

Not Listed for Sale

MultiFamily

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