$1,499,500 Price Analysis    ♡   Riverside, CA 92507 8 bed 8 bath 4,200 SqFt ($357/SqFt) 7,841SqFt lot. Built 1959 Listed 2024-04-10, Taxes $3,115 | Ⓧ USDA Ineligible due to price & location near Riverside |
Fantastic investment property in Riverside.
Riverside Community College and the University of California Riverside are nearby.
You can walk to downtown and the Metro Station. Eight 1 bedroom units that are always fully leased.
Presented by Steve Doughty at
Coldwell Banker Platinum Prop.
Property MLS #OC24071020 from CRMLS
Bedrooms: 8
Appliances: Gas Oven, Refrigerator
Appliances YN: Yes
Appliances YN: Yes
Full Bathrooms: 8
Heating Features: Forced Air
Heating: Yes
Heating: Yes
Fencing: Fence YN: Yes, Fencing: Wrought Iron
Carport Spaces: 8
Parking Total: 8
Parking Total: 8
Lot Description: Front Yard, Near Public Transit, Walkstreet, Yard
Lot Size Acres: 0.1800046
Lot Size Source: Assessor
Lot Size Square Feet: 7841
Lot Size Acres: 0.1800046
Lot Size Source: Assessor
Lot Size Square Feet: 7841
Number of Units: 8
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Bedrooms in Unit-5: 1
Bedrooms in Unit-6: 1
Bedrooms in Unit-7: 1
Bedrooms in Unit-8: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Total Bathrooms in Unit-6: 1
Total Bathrooms in Unit-7: 1
Total Bathrooms in Unit-8: 1
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Bedrooms in Unit-5: 1
Bedrooms in Unit-6: 1
Bedrooms in Unit-7: 1
Bedrooms in Unit-8: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Total Bathrooms in Unit-6: 1
Total Bathrooms in Unit-7: 1
Total Bathrooms in Unit-8: 1
Gardener Expense: 2400.00
Number of Units Leased: 8
Community Features: Urban
Source Listing Status: Active
County: Riverside
Cap Rate: 5.84
Source Property Type: Residential Income
Insurance Expense: 1656.00
Area: 252 - Riverside
Source Neighborhood: 252 - Riverside
New Taxes Expense: 15349.00
Number of Separate Electric Meters: 9
Number of Separate Gas Meters: 8
Parcel Number: 211201015
Postal Code Plus 4: 4949
Trash Expense: 5280.00
Zoning: C2
Source System Name: C2C
County: Riverside
Cap Rate: 5.84
Source Property Type: Residential Income
Insurance Expense: 1656.00
Area: 252 - Riverside
Source Neighborhood: 252 - Riverside
New Taxes Expense: 15349.00
Number of Separate Electric Meters: 9
Number of Separate Gas Meters: 8
Parcel Number: 211201015
Postal Code Plus 4: 4949
Trash Expense: 5280.00
Zoning: C2
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $188,126 + $66,722 $254,848 | $3,115 |
| 2020 | $182,547 + $64,744 $247,291 | $3,062 |
| 2019 | $178,968 + $63,475 $242,443 | $3,009 |
| 2018 | $175,459 + $62,231 $237,690 | $2,955 |
| 2017 | $172,019 + $61,011 $233,030 | $2,906 |
| 2016 | $168,647 + $59,815 $228,462 | $2,735 |
| 2015 | $166,115 + $58,917 $225,032 | $2,698 |
| 2014 | $162,862 + $57,764 $220,626 | $2,673 |
| 2013 | $162,127 + $57,504 $219,631 | $2,660 |
| 2012 | $158,949 + $56,377 $215,326 | $2,587 |
| 2010 | $155,833 + $55,272 $211,105 | $2,524 |
| 2009 | $155,038 + $54,992 $210,030 | $2,519 |
| 2009 | $154,669 + $54,860 $209,529 | $2,519 |
| 2008 | $151,999 + $53,914 $205,913 | $2,453 |
| 2007 | $149,019 + $52,857 $203,676 | $2,415 |
Listed 2024-04-10
$1,499,500
CRMLS
Listing removed 2024-04-02
$0
CRMLS
Price Changed 2024-02-04
$1,495,000
CRMLS
Price Changed 2023-10-31
$1,449,500
CRMLS
Listed 2023-09-18
$1,499,500
CRMLS
Listing removed 2020-09-15
$0
CRMLS
Price Changed 2020-09-03
$1,150,000
CRMLS
Listed 2020-06-23
$1,225,000
CRMLS
Listing removed 2016-03-25
$775,000
CRMLS
Listed 2015-07-14
$775,000
CRMLS
Listing removed 2009-08-01
$500,000
CRMLS
Relisted 2009-06-24
$500,000
CRMLS
Listing removed 2009-05-30
$470,000
CRMLS
Listing removed 2009-05-30
$470,000
CRMLS
Listing removed 2009-05-30
$490,000
SoCalMLS
Price Changed 2009-05-29
$490,000
SoCalMLS
Price Changed 2009-05-13
$470,000
SoCalMLS
Listing removed 2009-04-11
$500,000
CRMLS
Listed 2009-03-07
$490,000
CRMLS
Listed 2009-03-07
$490,000
CRMLS
Listed 2009-02-25
$490,000
SoCalMLS
Listing removed 2009-02-22
$500,000
CRMLS
Sold 2001-03-14
$179,500
Public Record
$1,499,500
CRMLS
Listing removed 2024-04-02
$0
CRMLS
Price Changed 2024-02-04
$1,495,000
CRMLS
Price Changed 2023-10-31
$1,449,500
CRMLS
Listed 2023-09-18
$1,499,500
CRMLS
Listing removed 2020-09-15
$0
CRMLS
Price Changed 2020-09-03
$1,150,000
CRMLS
Listed 2020-06-23
$1,225,000
CRMLS
Listing removed 2016-03-25
$775,000
CRMLS
Listed 2015-07-14
$775,000
CRMLS
Listing removed 2009-08-01
$500,000
CRMLS
Relisted 2009-06-24
$500,000
CRMLS
Listing removed 2009-05-30
$470,000
CRMLS
Listing removed 2009-05-30
$470,000
CRMLS
Listing removed 2009-05-30
$490,000
SoCalMLS
Price Changed 2009-05-29
$490,000
SoCalMLS
Price Changed 2009-05-13
$470,000
SoCalMLS
Listing removed 2009-04-11
$500,000
CRMLS
Listed 2009-03-07
$490,000
CRMLS
Listed 2009-03-07
$490,000
CRMLS
Listed 2009-02-25
$490,000
SoCalMLS
Listing removed 2009-02-22
$500,000
CRMLS
Sold 2001-03-14
$179,500
Public Record
Net Operating Income: 84695.00
Total Square Feet Living: 4200
Year Built: 1959
Building Features: 1
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: front door
Property Age: 65
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Commercial/Residential
Year Built Source: Assessor
Year Built: 1959
Building Features: 1
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: front door
Property Age: 65
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Commercial/Residential
Year Built Source: Assessor
Electric Expense: 480.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 2040.00
Water Source: Public
Sewer: Sewer: Public Sewer, Water Sewer Expense: 2040.00
Water Source: Public
Central Middle School is a public middle school located approximately 1.1 miles away.
Map directions
Map directionsPolytechnic High School is a public high school located approximately 1.6 miles away.
Map directions
Map directionsPachappa Elementary School is a public elementary school located approximately 1.8 miles away.
Map directions
Map directionsSt. Francis De Sales School is a private elementary and middle school located approximately 0.4 miles away.
Map directions
Map directions
Click Thumbnail Images To View Full Size
 |  |  |  |  |
 |  | |||
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.