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$975,000   Price Analysis
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3856 Pontiac Ave
Riverside, CA 92509
10 bed 6 bath 3,500 SqFt ($278/SqFt)
8,712SqFt lot. Built 1965
Listed 2024-05-10, Taxes $2,678
Ⓧ USDA Ineligible
due to price & location

near Riverside

OPPORTUNITY KNOCKS with this large FOURPLEX investment in the City of Riverside in close proximity to UC Riverside

* Sale Pending *

California Baptist University, Riverside City College, La Sierra University. Close to shopping areas of Rubidoux, Riverside and Indian Hills, Santa Ana River trails, Rubidoux Mountain walking trails, Rancho Jurupa and Rancho Jurupa Regional Sports Parks, Flabob Public Airport and minutes away from Downtown Riverside, Mission Inn, Restaurants, Shops and many other attractions and at a extraordinary price! In the rear youll find Unit One which stands alone and boasts 5 bedrooms and 2 bathrooms.

In a separate building on the lot, Unit Two is located upstairs with 3 bedrooms and 2 baths, Unit Three and Unit Four are downstairs both include 1 bedroom 1 bath. This property offers an exceptional opportunity for both investors and residents looking to live in one nd rent out the others.


Presented by Ingrid Hooker at
The Foster Company.


Property MLS #PW24094387 from CRMLS

Bedrooms: 10

Full Bathrooms: 6

Heating Features: Wall Furnace
Heating: Yes

Lot Description: 0-1 Unit/Acre
Lot Size Acres: 0.2
Lot Size Source: Assessor
Lot Size Square Feet: 8712

Garage Spaces: 1
Parking Total: 5

Association: No
Calculated Total Monthly Association Fees: 0

Number of Units: 4
Bedrooms in Unit-1: 5
Bedrooms in Unit-2: 3
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1

Number of Units Leased: 4
Tenant Pays: Electricity, Gas

Community Features: Hiking, Mountainous, Sidewalks, Street Lights, Suburban

Source Listing Status: Pending
County: Riverside
Source Property Type: Residential Income
Insurance Expense: 1700.00
Area: 252 - Riverside
Source Neighborhood: 252 - Riverside
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Number of Separate Water Meters: 1
Parcel Number: 181052010
Postal Code Plus 4: 6638
Trash Expense: 700.00
Zoning: R-VC, CENTER/R-VC, CENTER
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$151,495 + $70,983
$222,478
$2,678
2020$147,003 + $68,879
$215,882
$2,647
2019$144,121 + $67,529
$211,650
$2,592
2018$141,295 + $66,206
$207,501
$2,510
2017$138,525 + $64,908
$203,433
$2,483
2016$135,809 + $63,636
$199,445
$2,448
2015$133,770 + $62,681
$196,451
$2,415
2014$131,150 + $61,454
$192,604
$2,259
2013$130,558 + $61,177
$191,735
$2,252
2012$99,567 + $59,978
$159,545
$1,901
2010$97,615 + $58,802
$156,417
$1,842
2009$97,118 + $58,502
$155,620
$1,828
2009$96,887 + $58,363
$155,250
$1,828
2008$95,214 + $57,355
$152,569
$1,771
2007$93,348 + $56,231
$149,579
$1,744

Price Changed 2024-06-18
$975,000
CRMLS
Listed 2024-05-10
$1,148,800
CRMLS
Sold 2000-11-28
$133,000
Public Record
Sold 1997-08-20
$200,000
Public Record

Net Operating Income: 5410.00

Total Square Feet Living: 3500
Year Built: 1965
Building Features: 2
Common Walls: 2+ Common Walls
Entry Level: 2
Entry Location: 4
Property Age: 59
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Quadruplex
Year Built Source: Public Records

Sewer: Sewer: Public Sewer, Water Sewer Expense: 480.00
Water Source: Public

West Riverside Elementary School is a public elementary school located approximately 0.4 miles away.
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Mission Middle School is a public middle school located approximately 0.7 miles away.
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Rubidoux High School is a public high school located approximately 1 miles away.
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Life Christian Academy is a private elementary school located approximately 0.5 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.