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$824,000   Price Analysis
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3567 Hoover St
Riverside, CA 92504
5 bed 3 bath 2,013 SqFt ($409/SqFt)
9,148SqFt lot. Built 1926
Listed 2024-03-02, Taxes $4,594
Ⓧ USDA Ineligible
due to price & location

near Riverside

This property has so much going for it.

* Has Contingent Offer *

It boasts two fully functional units ready to rent situated on 9148 sqft lot. The front house is a 3 bed 1.5 bath approx 1045 sqft and the ADU is a 2 bed 3/4 bath approx 500 sqft. The detached garage is a work in process ADU conversion started by the previous owner, approx. 468 sqft. The garage door has been replaced with slider and the ceiling has been drywa lled. There is electricity, gas, water and plumbing already in the garage, needs a few interior walls, a kitchen and a bathroom.

The ADU has a new roof, modern upgrades and all appliances recently replaced so both homes are winners. All this and its located in a safe and quiet neighborhood meaning fewer problems in future plus easy to get renters. Close to stores, restaurants and public transportation. Not far from Mission Inn, downtown Riverside or CBU which is 1 exit South on 91 Frwy. This is a extraordinary opportunity for investor or multi-generational home.


Presented by GREGG STEINMETZ at
Platinum Financial Services.


Property MLS #PW24042306 from CRMLS

Bedrooms: 5

All Bedrooms Down

Laundry Features: Gas & Electric Dryer Hookup, In Garage

Cooling Features: Central Air
Fireplace Features: Living Room
Heating Features: Central
Heating: Yes

Full Bathrooms: 3

Window Features: Atrium

Lot Description: Lot 6500-9999
Lot Size Acres: 0.2100092
Lot Size Source: Assessor
Lot Size Square Feet: 9148

Garage Spaces: 1
Parking Features: Parking YN: Yes, Parking Features: Garage - Two Door
Parking Total: 6

Number of Units: 2
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Unit-1 Garage Spaces: 1

Tenant Pays: Gas

Community Features: Street Lights

Source Listing Status: Active Under Contract
County: Riverside
Source Property Type: Residential Income
Insurance Expense: 1242.00
Area: 699 - Not Defined
Source Neighborhood: 699 - Not Defined
Number of Separate Electric Meters: 1
Number of Separate Gas Meters: 2
Number of Separate Water Meters: 1
Parcel Number: 230180003
Postal Code Plus 4: 3907
Trash Expense: 600.00
Zoning: R1065
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$314,322 + $92,750
$407,072
$4,594
2021$308,159 + $90,932
$399,091
$4,535
2020$137,957 + $74,284
$212,241
$2,457
2019$135,252 + $72,828
$208,080
$2,412
2018$132,600 + $71,400
$204,000
$2,366
2017$130,000 + $70,000
$200,000
$2,324
2016$155,983 + $43,668
$199,651
$2,216
2015$153,641 + $43,013
$196,654
$2,184
2014$150,633 + $42,171
$192,804
$2,163
2013$133,000 + $37,000
$170,000
$1,915
2012$120,000 + $33,000
$153,000
$1,719
2010$113,000 + $31,000
$144,000
$1,871
2009$75,000 + $21,000
$96,000
$1,099
2009$130,000 + $37,000
$167,000
$1,099
2008$140,584 + $39,361
$179,945
$1,983
2007$137,828 + $38,590
$176,418
$1,933

Listed 2024-03-02
$824,000
CRMLS
Sold 2023-08-02
$628,000
CRMLS
Listed 2023-06-15
$599,999
CRMLS
Sold 2020-04-30
$395,000
CRMLS
Sold 2017-10-02
$200,000
Public Record
Sold 2016-09-29
$200,000
Public Record
Listing removed 2015-01-24
$185,000
CRMLS
Price Changed 2015-01-21
$185,000
CRMLS
Relisted 2014-12-02
$150,000
CRMLS
Listing removed 2014-08-10
$150,000
CRMLS
Listed 2013-08-12
$150,000
CRMLS
Sold 2002-06-28
$320,000
Public Record
Sold 1991-05-31
$128,000
Public Record

Total Square Feet Living: 2013
Year Built: 1926
Building Features: 2
Common Walls: No Common Walls
Entry Level: 1
Entry Location: Front door
Property Age: 98
Levels or Stories: One
Building Total Stories: 1
Structure Type: Single Family Residence
Year Built Source: Assessor

Electric Expense: 2400.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 600.00
Water Source: Public

Madison Elementary School is a public elementary school located approximately 0.2 miles away.
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Ramona High School is a public high school located approximately 0.7 miles away.
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Sierra Middle School is a public middle school located approximately 1 miles away.
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Riverside Montessori Academy is a private elementary school located approximately 0.3 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.