NOT LISTED FOR SALE

8135 Philbin Ave Riverside, CA 92503

Arlanza Neighborhood

Estimated Value: $856,000 - $1,192,000

8 Beds
4 Baths
2,700 Sq Ft
$368/Sq Ft Est. Value

Sale Details

Date Sold: October 8, 2018

Last sale price $580,000 $215 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $6,026 / mo

4 Days on Market

Highlights

  • Mountain View
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • No HOA
  • Tile Flooring
  • 5-minute walk to Bryant Park

About This Home

As of October 2018

Excellent opportunity to purchase a multi-unit property, 2 units down and 2 units up, All 4 units are 2 bedrooms and 1 bathrooms. Each with there own washer/dryer hook ups, There is a detached garage (1 space per unit). The 2 downstairs units have a small yard. Each unit has its own electric and gas meter plus water heater. Centrally located to bus lines, schools, shopping and John Bryant Park.

Last Agent to Sell the Property

Ken Hawkins

AMANICA REAL ESTATE License #00967449 Listed on: 09/07/2018

Last Buyer's Agent

Christopher Dumayas

MZ BROKERAGE INC. License #01954052

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 8,276 Sq Ft Lot
  • Two or More Common Walls
  • Density is 16-20 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,700 Sq Ft Home
  • Mountain Views
  • Gas Cooktop
  • Laundry in unit

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 151
  • Tax Tract Number 1
  • Assessor Parcel Number 151171029

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Gross Income $41,212
  • Net Operating Income $31,267

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

8,276 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: Yes
  • View: Yes
  • Property Type: Residential Income
  • Parcel Number: 151171029
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 214.81

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 8276.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 41212.00
  • Gross Scheduled Income: 41212.00
  • Net Operating Income: 31267.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Operating Expense: 9945.00
  • Rent Control: No
  • Total Actual Rent: 3575.00

Tax Info

  • Tax Census Tract: 411.01
  • Tax Lot: 151
  • Tax Tract Number: 1

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
Sep 24, 2021
Sold by
Bought by
Current Estimated Value
$994,660

Purchase Details

Listed on
Sep 7, 2018
Closed on
Sep 11, 2018
Sold by
Bought by
Seller's Agent
Ken Hawkins
AMANICA REAL ESTATE
Buyer's Agent
Christopher Dumayas
MZ BROKERAGE INC.
List Price
$659,000
Sold Price
$580,000
Premium/Discount to List
-$79,000
-11.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.19%

Purchase Details

Closed on
Jul 26, 2011
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
$157,500
Interest Rate
0.0363%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 10, 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
$437,500
Interest Rate
0.0748%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 11, 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
$326,250
Interest Rate
0.0565%
Mortgage Type
Commercial

Purchase Details

Closed on
May 13, 2002
Sold by
Bought by

Purchase Details

Closed on
Apr 5, 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
$138,000
Interest Rate
0.0698%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 28, 2000
Sold by
Bought by

Purchase Details

Closed on
Sep 2, 1999
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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
-- Orange Coast Title Co
$580,000 Chicago Title Inland Empire
-- Fidelity National Title Co
$210,000 Fidelity National Title Co
-- None Available
$435,000 Commonwealth Land Title Co S
$269,000 Fidelity National Title Ins
$184,000 Stewart Title
$227,328 First American Title Ins Co
$258,000 Investors Title Company
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 $157,500
Previous Owner $437,500
Previous Owner $336,400
Previous Owner $326,250
Previous Owner $138,000
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
10/08/2018 10/08/18 Sold $580,000 -12.0% $215 / Sq Ft
09/11/2018 09/11/18 Pending -- -- --
09/07/2018 09/07/18 For Sale $659,000 0.0% $244 / Sq Ft
09/24/2013 09/24/13 Rented $750 -5.7% --
09/20/2013 09/20/13 Under Contract -- -- --
08/01/2013 08/01/13 For Rent $795 -- --
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 $7,849 $646,997 $139,437 $507,560
2023 $7,849 $621,874 $134,023 $487,851
2022 $7,268 $609,682 $131,396 $478,286
2021 $7,142 $597,728 $128,820 $468,908
2020 $7,029 $591,600 $127,500 $464,100
2019 $6,938 $580,000 $125,000 $455,000
2018 $2,806 $231,814 $71,751 $160,063
2017 $2,755 $227,270 $70,345 $156,925
2016 $2,711 $222,815 $68,966 $153,849
2015 $2,670 $219,470 $67,931 $151,539
2014 $2,660 $215,172 $66,601 $148,571
Source: Public Records

Agents Affiliated with this Home

  • Ken Hawkins

    Seller's Agent in 2018

    Ken Hawkins

    AMANICA REAL ESTATE

    (888) 744-5102

    13 Total Sales

    Ken Hawkins
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV18218895

California Regional Multiple Listing Service (CRMLS)

APN: 151-171-029

California Riverside County Riverside 92503 Arlanza

8135 Philbin Ave, Riverside, CA

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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

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