9079 Colony Place Riverside, CA 92503
Ramona NeighborhoodEstimated payment $7,916/month
Highlights
- No HOA
- Landscaped
- No Heating
- Laundry Room
- Central Air
About This Home
Excellent investment opportunity. This well-maintained fourplex offers a desirable unit mix of three 2-bedroom, 1-bath units and one spacious 3-bedroom, 2-bath unit, providing strong rental appeal and excellent income potential. Recent property improvements include a new roof and fresh exterior paint, enhancing both curb appeal and long-term value. The property features 4 separate electric meters, 4 separate gas meters, and 1 shared water meter, making utility management efficient. Additional income potential is provided by the community coin-operated laundry room, while 8 on-site parking spaces offer ample parking for residents. Conveniently located near shopping, dining, schools, parks, and major freeways, this income-producing property is situated in a highly desirable rental market. Whether you’re an experienced investor or looking to add a quality multifamily asset to your portfolio, 9079 Colony Place offers a combination of recent upgrades, desirable amenities, and strong long-term investment potential.
Listing Agent
Blue Monkey Realty Brokerage Phone: 951-313-5229 License #01734964 Listed on: 07/20/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1978
Lot Details
- 9,148 Sq Ft Lot
- No Common Walls
- Landscaped
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 4,113 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 9 Bedrooms
- 5 Bathrooms
Outdoor Features
- Exterior Lighting
Utilities
- Central Air
- No Heating
Listing and Financial Details
- Tax Lot 2
- Tax Tract Number 8330
- Assessor Parcel Number 191071005
- $167 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,200
- Insurance Expense $6,900
- Trash Expense $2,400
- Water Sewer Expense $600
- Operating Expense $11,100
- Gross Income $84,072
- Net Operating Income $72,972
Map
Home Values in the Area
Average Home Value in this Area
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 | $9,017 | $824,923 | $147,916 | $677,007 |
| 2023 | $9,017 | $792,892 | $142,173 | $650,719 |
| 2022 | $8,814 | $777,346 | $139,386 | $637,960 |
| 2021 | $8,684 | $762,104 | $136,653 | $625,451 |
| 2020 | $8,616 | $754,290 | $135,252 | $619,038 |
| 2019 | $8,455 | $739,500 | $132,600 | $606,900 |
| 2018 | $8,014 | $700,000 | $115,000 | $585,000 |
| 2017 | $6,066 | $525,000 | $110,000 | $415,000 |
| 2016 | $5,791 | $446,250 | $110,250 | $336,000 |
| 2015 | $4,723 | $425,000 | $105,000 | $320,000 |
| 2014 | $4,769 | $425,000 | $105,000 | $320,000 |
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 |
|---|---|---|---|---|---|
| 07/20/2026 07/20/26 | For Sale | $1,350,000 | 0.0% | $328 / Sq Ft | |
| 04/14/2026 04/14/26 | Rented | $2,200 | 0.0% | -- | |
| 03/03/2026 03/03/26 | Price Changed | $2,200 | -6.4% | $2 / Sq Ft | |
| 02/02/2026 02/02/26 | For Rent | $2,350 | 0.0% | -- | |
| 04/13/2018 04/13/18 | Sold | $725,000 | -8.2% | $170 / Sq Ft | View Prior Sale |
| 10/12/2017 10/12/17 | For Sale | $790,000 | -- | $186 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Grant Deed | $725,000 | Ticor Title | |
| Interfamily Deed Transfer | -- | Commonwealth Land Title Co | |
| Grant Deed | $770,000 | Commonwealth Land Title Co | |
| Grant Deed | $615,000 | Commonwealth Title | |
| Grant Deed | $350,000 | Fidelity Natl Title Ins Co |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $335,000 | New Conventional | |
| Previous Owner | $616,000 | Commercial | |
| Previous Owner | $315,000 | Commercial | |
| Previous Owner | $315,000 | Commercial |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IG26158195
APN: 191-071-005
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.
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
- 4877 Jackson St Unit B
- 4823 Jackson St Unit A
- 4809 Jackson St Unit A
- 4711 Jackson St
- 7509 Arlington Ave
- 5623 Montgomery St
- 8777 Glencoe Dr
- 6800 Arlington Ave
- 9091 Savoy St
- 8811 Delano Dr
- 8755 Delano Dr
- 8527 Janet Ave
- 9125 Admiralty Ave
- 4315 Admiralty Ct
- 8751 Metta Cir
- 4294 Donald Ave
- 9040 Hope Ave
- 8584 Camelia Dr
- 8774 Jo
- 4466 Bartel Dr
- 9090 Colony Place Unit B
- 6195 Pegasus Dr
- 4743 Jackson St Unit 64
- 4723 Jackson St
- 5829 Montgomery St
- 5360 Van Buren Blvd
- 4667 Chambers St
- 6506 Doolittle Ave
- 7450 Wells Ave
- 6556 Arlington Ave
- 4826 Van Buren Blvd
- 4620 Van Buren Blvd
- 4291 Monroe St
- 9435 California Ave Unit 43
- 4119 Van Buren Blvd Unit 25
- 8641 Garfield St
- 4159 Harrison St Unit 4159
- 9400 Garfield St
- 5939 Petite Ct
- 5657 Arlington Ave
Ask me questions while you tour the home.