Great Investment Opportunity. 5.3 Cap Rate on a Townhouse Style 4 Plex with 3 units remodeled and Newer 40 yr Composition Roof and Newer exterior paint and fence. Each unit features 2 large bedrooms approximately 13 X 15. & 1.5 Baths, full bath up and half bath down. The Primary bedroom offers a spacious walk-in closet and access to the hall bath from the bedroom. All water heaters have been replaced, 3 Interiors updated within the last 5 years. Smooth Ceilings, Recessed Lights and more. Each unit has their own patio. Tenants pay gas and electricity. There is a laundry room on-site for the tenants with leased machines that generate approximately $125 per month to the owner. Laundry Room has been upgraded with built in cabinets. Parking is open and there is room enough for 9 cars. The lot is over 1/2 acre and the fence is new! This is a well maintained building with good tenants and located in a great neighborhood close by Downtown Riverside, The Mission and University of California Riverside, , Riverside City College, Businesses and Entertainment.
Sold for $1,245,000 on 12/05/23
Listing Provided by:
Shariee Dunn DRE #00554534 714-998-8810,
BHHS CA Properties
Bought with: Realty Pro 100
$1,245,000
4971 Brooks St, Riverside, CA 92506
6beds
6baths
3,842sqft
Quadruplex
Built in 1985
-- sqft lot
$1,319,300 Zestimate®
$324/sqft
$2,825 Estimated rent
Home value
$1,319,300
$1.24M - $1.42M
$2,825/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 06, 2023 at 09:05am
Listing Provided by:
Shariee Dunn DRE #00554534 714-998-8810,
BHHS CA Properties
Bought with:
Darin Wilson, DRE #01333762
Realty Pro 100
Christian Wilson, DRE #01982467
Realty Pro 100
Source: CRMLS,MLS#: PW23205820
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
Bedroom
- Features: All Bedrooms Up
Other
- Features: Walk-In Closet(s)
Heating
- None
Cooling
- Central Air
Appliances
- Laundry: Common Area
Features
- All Bedrooms Up, Walk-In Closet(s)
- Flooring: Carpet
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls,No One Above,No One Below
Interior area
- Total structure area: 3,842
- Total interior livable area: 3,842 sqft
Property
Parking
- Total spaces: 9
- Parking features: Asphalt, On Site, Off Street, Side By Side, Uncovered
- Uncovered spaces: 9
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Spa features: None
- Fencing: Good Condition,Wood
Lot
- Size: 0.62 Acres
- Features: Sprinklers In Front, Landscaped, Level, Near Public Transit, Yard
Details
- Parcel number: 219164011
- Zoning: R-3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 1985
Utilities & green energy
- Sewer: Public Sewer, Sewer Tap Paid
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Community
- Community features: Foothills, Gutter(s), Street Lights
Location
- Region: Riverside
HOA & financial
Other financial information
- Total actual rent: 7535
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange,FHA
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 12/5/2023 | Sold | $1,245,000$324/sqft |
Source:  CRMLS #PW23205820 | ||
| 11/14/2023 | Pending sale | $1,245,000$324/sqft |
Source: CRMLS #PW23205820 | ||
| 11/7/2023 | Listed for sale | $1,245,000+134.9%$324/sqft |
Source: CRMLS #PW23205820 | ||
| 7/17/2015 | Sold | $530,000-2.8%$138/sqft |
Source: Public Record | ||
| 12/17/2013 | Sold | $545,000+142.2%$142/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,309 +3.4% | $1,269,900 +2% |
| 2024 | $13,842 +100.1% | $1,245,000 +106.5% |
| 2023 | $6,919 +1.8% | $603,044 +2% |
Find assessor info on the county website
Neighborhood: Wood Streets
Nearby schools
GreatSchools rating
- 7/10Alcott Elementary SchoolGrades: K-6Distance: 1.1 mi
- 5/10Central Middle SchoolGrades: 7-8Distance: 0.5 mi
- 7/10Polytechnic High SchoolGrades: 9-12Distance: 1.2 mi
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Estimated market value
$1,319,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,319,300