NOT LISTED FOR SALE

901 Via Zapata Riverside, CA 92507

Canyon Crest Neighborhood
28 Beds
26 Baths
10,230 Sq Ft
0.64 Acres

Last Sold December 15, 2023

Last sale price $4,725,500 $462 Per Sq Ft

29 Days on Market

Highlights

  • Rooftop Deck
  • 0.64 Acre Lot
  • Courtyard Views
  • Gated Parking
  • Spanish Architecture
  • Covered patio or porch

About This Home

As of December 2023

Situated in the serene Canyon Crest neighborhood in Riverside, "The Summit Villas" at 901 Via Zapata emerges as a distinguished 17-unit multifamily property. Built in 1993, 901 Via Zapata spans 10,230 SF and is situated on an impressive 27,878 SF manicured lot. The rare & unique unit mix comprises (11) 2 Bed + 1.5 Bath Townhome-Style units with Private Balconies & (6) 1 Bed + 1 Bath Townhome-Style units with Private Rooftop Decks. The property is strategically located near the Canyon Crest Towne Centre, a hub for shopping, dining, and entertainment, as well as the renowned University of California, Riverside which is just a short drive away. Each unit is equipped with central heat and air, providing a comfortable living environment year-round. Additional amenities include an on-site manager, controlled and secure access for added safety, convenient on-site laundry facilities, and secured underground parking that accommodates 23 vehicles. The property offers investors a rare opportunity to acquire a top tier asset in a sought-after location with significant rental demand, promising both stability and potential for upside.

Last Listed By

Megan Husri

Keller Williams Studio City License #02089901 Listed on: 09/05/2023

Keller Williams Studio City

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1993

Lot Details

  • 0.64 Acre Lot
  • Gated Home

Parking

  • 23 Car Direct Access Garage
  • Side by Side Parking
  • Gated Parking
  • Controlled Entrance

Home Design

  • Spanish Architecture

Interior Spaces

  • 10,230 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Vinyl Flooring
  • Courtyard Views
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas and Electric Range

Bedrooms and Bathrooms

  • 28 Bedrooms
  • 26 Bathrooms
  • Bathtub with Shower

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Covered patio or porch

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 254-181-006

Community Details

Security

  • Resident Manager or Management On Site
  • Card or Code Access

Additional Features

  • 17 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1993

Lot Details

0

Parking

23

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: Contact Megan Husri For More Information and Questions. Situated in the serene Canyon Crest neighborhood in Riverside, "The Summit Villas" at 901 Via Zapata emerges as a distinguished 17-unit multifamily property. Built in 1993, 901 Via Zapata spans 10,230 SF and is situated on an impressive 27,878 SF manicured lot. The rare & unique unit mix comprises (11) 2 Bed + 1.5 Bath Townhome-Style units with Private Balconies & (6) 1 Bed + 1 Bath Townhome-Style units with Private Rooftop Decks. The property is strategically located near the Canyon Crest Towne Centre, a hub for shopping, dining, and entertainment, as well as the renowned University of California, Riverside.
  • Living Area: 10230
  • Lot Acreage: 0.6400
  • Stories: 2
  • Year Built: 1993
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl, Mixed
  • Appliances: Oven-Gas, Gas/Electric Range
  • Bedrooms: 28
  • Bathroom Features: Shower Over Tub, Tile
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community, Laundry Area
  • Total Bathrooms: 26.00
  • Den: 0
  • Equipment: Ceiling Fan, Range/Oven, Refrigerator
  • Price Per S Q F T: 366.57

Exterior Features

  • Other Features: Balcony
  • Other Structures: None
  • Patio: Roof Top Deck, Deck(s), Patio Open, Balcony
  • Pool: No
  • Spa Yn: No
  • View: Courtyard, Walk Street
  • View: Yes

Garage/Parking

  • Garage Spaces: 23
  • Parking Garage: Assigned, Attached, Community Garage, Controlled Entrance, Garage Is Attached, Gated, Side By Side, Direct Entrance
  • Total Parking: 23

Utilities

  • Heating: Forced Air
  • Security: Resident Manager, Gated, Card/Code Access
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 86.10
  • Assessed Improvement Value: 866501
  • Assessed Land Percent: 13.9
  • Assessed Land Value: 139830
  • Total Assessed Value: 1006331
  • Assessor Parcel Number: 254-181-006
  • Lot Description: Alley Paved, Resident Manager, Curbs, Walk Street, Street Paved, Sidewalks
  • Lot Location: Park Nearby
  • Lot Size Area: 27878

Rental Info

  • Number Leased: 17

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 11.70
  • Number Of Units: 17
  • Total Annual Expense: 118603
  • Type Of Units: 2
  • Vacancy Allow Percent: 2.00
  • Vacancy Rate: 0

Range of Values:

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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 Change Sq Ft Price
12/15/2023 12/15/23 Sold $4,725,500 +26.0% $462 / Sq Ft
10/04/2023 10/04/23 Pending -- -- --
09/05/2023 09/05/23 For Sale $3,750,000 -- $367 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Megan Husri

    Seller's Agent in 2023

    Megan Husri

    Keller Williams Studio City

    (310) 775-7529

    1 in this area

    84 Total Sales

    Megan Husri
    Section Image
  • David Weinberger

    Seller Co-Listing Agent in 2023

    David Weinberger

    Keller Williams Studio City

    (818) 970-0915

    1 in this area

    68 Total Sales

    David Weinberger
    Section Image
  • Nicholas Devine

    Buyer's Agent in 2023

    Nicholas Devine

    Realty Executives Temecula

    (951) 234-4286

    1 in this area

    27 Total Sales

    Nicholas Devine
    Section Image
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Map

Source: The MLS

MLS Number: 23-308603

The MLS

APN: 254-181-006

California Riverside County Riverside 92507 Canyon Crest

901 Via Zapata, Riverside, CA

Homes for Sale in Riverside, CA

This home is located at 901 Via Zapata, Riverside, CA 92507 since 05 September 2023. This property was built in 1993. 901 Via Zapata is a home located in Riverside County with nearby schools including Emerson Elementary School, University Heights Middle School, and John W. North High School.

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