NOT LISTED FOR SALE

8125 Philbin Ave Riverside, CA 92503

Arlanza Neighborhood

Estimated Value: $846,000 - $1,191,000

4 Beds
2 Baths
2,787 Sq Ft
$351/Sq Ft Est. Value

Sale Details

Date Sold: May 15, 2014

Last sale price $435,000 $156 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $5,811 / mo

62 Days on Market

Highlights

  • Park or Greenbelt View
  • No HOA
  • Sliding Doors
  • End Unit
  • Living Room
  • 5-minute walk to Bryant Park

About This Home

As of May 2014

Excellent opportunity to purchase a multi-unit property, where you can live in one and rent the other three units. Centrally located to bus lines, schools, shopping and John Bryant Park directly across the street. Convenient end building, closest to Philbin Avenue, and one of six buildings in the complex, all with the same access to parking and garages. All units have 2 bedrooms and 1 bathroom, inside laundry connections, a single detached garage and an additional parking space. Each unit has own electric and gas meters and water heaters. All units are rented with long term leases. Downstairs units have patios, and upstairs units have balconies. Opportunity knocks!

Last Agent to Sell the Property

Diane West

Carmichael West Realty License #00907483 Listed on: 02/28/2014

Last Buyer's Agent

Darrell West

Carmichael West Realty License #00954070

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 8,276 Sq Ft Lot
  • End Unit
  • Two or More Common Walls
  • East Facing Home
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Parking Lot
  • Off-Street Parking
  • Assigned Parking
  • Unassigned Parking

Home Design

  • Property Attached
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,787 Sq Ft Home
  • 2-Story Property
  • Sliding Doors
  • Living Room
  • Living Room Balcony
  • Park or Greenbelt Views
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 151
  • Tax Tract Number 411
  • Assessor Parcel Number 151171030

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $960
  • Insurance Expense $1,200
  • Trash Expense $1,200
  • Water Sewer Expense $1,200
  • New Taxes Expense $4,438
  • Gross Income $3,350
  • Net Operating Income $38,040

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

8,276 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 151171030
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Living Room Balcony
  • Stories: 2
  • Common Walls: 2+ Common Walls, End Unit
  • Door Features: Sliding Doors
  • Levels: Two
  • Price Per Square Foot: 156.08
  • Room Type: Living Room

Exterior Features

  • Direction Faces: East
  • Foundation: Slab
  • View: Park/Greenbelt
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Concrete, Garage Faces Front, Garage, Off Street, Parking Space, Garage - Single Door, Unassigned
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 700
  • Gross Income: 3350.00
  • Gross Scheduled Income: 40200.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 8276.0000 Square Feet
  • Net Operating Income: 38040.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 2160.00
  • Rent Control: No
  • Total Actual Rent: 3350.00

Tax Info

  • New Taxes Expense: 4438.00
  • Tax Lot: 151
  • Tax Tract Number: 411
  • Tax Year: 2013

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2025
Sold by
Bought by
Current Estimated Value
$977,767

Purchase Details

Listed on
Feb 28, 2014
Closed on
Apr 25, 2014
Sold by
Bought by
Seller's Agent
Diane West
Carmichael West Realty
Buyer's Agent
Darrell West
Carmichael West Realty
List Price
$449,900
Sold Price
$435,000
Premium/Discount to List
-$14,900
-3.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.88%

Purchase Details

Listed on
Oct 4, 2012
Closed on
Dec 14, 2012
Sold by
Bought by
Seller's Agent
Nathan Diones
REGIONCY REAL ESTATE
Buyer's Agent
Jason Goettsche
Goettsche Real Estate
List Price
$399,000
Sold Price
$362,500
Premium/Discount to List
-$36,500
-9.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.12%
Original Mortgage
$248,250
Interest Rate
0.0327%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 18, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,250
Interest Rate
0.0327%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 17, 2008
Sold by
Bought by

Purchase Details

Closed on
Aug 23, 2008
Sold by
Bought by

Purchase Details

Closed on
May 11, 2007
Sold by
Bought by

Purchase Details

Closed on
Feb 6, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
0.0837%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 31, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
0.0837%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 6, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$701,100
Interest Rate
0.1112%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 24, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,200
Interest Rate
0.0512%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 28, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,200
Interest Rate
0.0512%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 30, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
0.0408%
Mortgage Type
Commercial

Purchase Details

Closed on
May 1, 2002
Sold by
Bought by

Purchase Details

Closed on
May 11, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,500
Interest Rate
0.0715%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 24, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,100
Interest Rate
0.0708%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 13, 2000
Sold by
Bought by

Purchase Details

Closed on
Sep 17, 1999
Sold by
Bought by

Purchase Details

Closed on
Apr 14, 1999
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$431,000 First American Title Company
-- Stewart Title Of California
-- Stewart Title Of California
$362,500 Stewart Title Of Ca Inc
$250,000 Ticor Title Company
$550,000 Lsi Title Company Ca
-- Accommodation
$700,000 Lawyers Title Co
$738,000 Lawyers Title Company
-- None Available
-- None Available
-- North American Title Co
$599,000 North American Title Co
$435,000 Commonwealth Land Title Co S
-- Commonwealth Land Title Co S
$267,000 Fidelity National Title
$206,000 First American Title Ins Co
$189,000 First American Title Ins Co
$212,873 American Title
$258,000 Investors Title Company
$396,000 Orange Coast Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $250,000
Previous Owner $248,250
Previous Owner $500,000
Previous Owner $701,100
Previous Owner $479,200
Previous Owner $348,000
Previous Owner $154,500
Previous Owner $170,100
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2014 05/15/14 Sold $435,000 -3.3% $156 / Sq Ft
05/01/2014 05/01/14 Pending -- -- --
02/28/2014 02/28/14 For Sale $449,900 +24.1% $161 / Sq Ft
12/27/2012 12/27/12 Sold $362,500 -9.1% -- View Prior Sale
10/17/2012 10/17/12 Pending -- -- --
10/04/2012 10/04/12 For Sale $399,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,357 $528,333 $171,611 $356,722
2023 $6,357 $507,820 $164,949 $342,871
2022 $5,883 $497,864 $161,715 $336,149
2021 $5,783 $488,103 $158,545 $329,558
2020 $5,690 $483,099 $156,920 $326,179
2019 $5,616 $473,628 $153,844 $319,784
2018 $5,538 $464,342 $150,829 $313,513
2017 $5,436 $455,238 $147,872 $307,366
2016 $5,346 $446,313 $144,973 $301,340
2015 $5,267 $439,611 $142,797 $296,814
2014 $4,447 $364,144 $124,562 $239,582
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Diane West

    Carmichael West Realty

    (951) 283-5910

    15 Total Sales

    Diane West
    Section Image

  • D

    Buyer's Agent in 2014

    Darrell West

    Carmichael West Realty

    (951) 283-2179

    18 Total Sales

    Darrell West
    Section Image
  • Nathan Diones

    Seller's Agent in 2012

    Nathan Diones

    REGIONCY REAL ESTATE

    (909) 709-3781

    12 Total Sales

    Nathan Diones
    Section Image

  • J

    Buyer's Agent in 2012

    Jason Goettsche

    Goettsche Real Estate

    (714) 264-5135

    9 Total Sales

    Jason Goettsche
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG14043846

California Regional Multiple Listing Service (CRMLS)

APN: 151-171-030

California Riverside County Riverside 92503 Arlanza

8125 Philbin Ave, Riverside, CA

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.

California Regional Multiple Listing Service (CRMLS) 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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.