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SOLD 3/1/2021
3080 Lemon, Riverside, CA 92501
4
beds
4
baths
3120
ft2
· 7405
ft2 lot
$728,000
$233 / ft2
Listing provided courtesy of Listing Broker: Na Shao, Remax Universal Realty.
Source CRMLS.
**RARE INVESTMENT OPPORTUNITY IN DOWNTOWN RIVERSIDE! Total 4 units located in 2 buildings, each unit is one bedroom, and each building has 2 units. Spacious yard spaces between the 2 buildings. Font building is single story with additional laundry room, back building is two stories with downstairs are 4 garages for each unit. All 4 units got remodeled along with the tenant changing during these recent 4 years. ALL 4 unites are currently leased by tenants, which create CASH FLOW right away. Conveniently located in the downtown business district near city hall, Riverside court, Center for Social Justice & Civil Liberties, Riverside Community Hospital, Riverside Municipal Auditorium, Evergreen Memorial Park & Museum, Evans Park, Marriott, Mission Inn Hotel & Spa, Riverside Convention Center, Riverside Park & recreation. WONT LAST!
HOA
$0/month
On market
8 days
Year built
1914
Property type
Multi-Family
Parking
4
MLS
TR21015345
Price / Sq.Ft.
$233 / ft2
Status
Closed
Flyhomes Cash Offer
Based on a price of $728,000
Rebate:
Cash Offer Costs:
Net Rebate:
Negotiating Power:
Flyhomes Cash Offer
$0
$0
+$142/day
$0
Best
Flyhomes Guaranteed Offer
$3,640
- -
$3,640
Better
Discount Brokerage
$2,485
not offered
$2,485
Average
Traditional Brokerage
$0
not offered
$0
Variable
Legal Disclaimer: The Savings Calculator is intended for planning and educational purposes only, and should not be solely relied upon in your decision to participate in Flyhomes’ Cash Offer or other programs.Read more
Property Details
Interior Features & Layout
Appliances
•   
Laundry Details: Common Area, Individual Room
•   
Laundry: 1
Rooms Info
•   
Average3 Bed Area Units: Square Feet
•   
Average Studio Area Units: Square Feet
•   
Average2 Bed Area Units: Square Feet
•   
Average1 Bed Area Units: Square Feet
Heating & Cooling
•   
Has Heating
•   
Heating Details: Wall Furnace
•   
Cooling Details: Wall/Window Unit(s)
Interior Size
•   
Building Area Total: 3120.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Garage Spaces: 4.00
Building Info
•   
Building Area Units: Square Feet
•   
Num Stories: Two
•   
Year Built Source: Other
Lot Info
•   
Lot Features: 2-5 Units/Acre
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.1700
•   
Lot Size Area: 7405.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 2
•   
Total Units: 4
Property Features
•   
Common Walls: 1 Common Wall
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 4
•   
Number Of Separate Gas Meters: 4
•   
Number Of Separate Water Meters: 1
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Assesments Information
•   
Assessments: Special Assessments
Listing Details, Costs & Financing Information
Financial Info
•   
Water Sewer Expense: 320.00
•   
Laundry Income: 0.00
•   
Total Actual Rent: 4.00
•   
Fuel Expense: 0.00
•   
Trash Expense: 0.00
•   
New Taxes Expense: 0.00
•   
Insurance Expense: 2100.00
•   
Professional Management Expense: 3804.00
•   
Total Expenses: 4764.00
•   
Gross Scheduled Income: 54360.00
•   
Operating Expense: 4760.00
•   
Gardener Expense: 960.00
•   
Rent Control Yn: 1
Tax/Assessment Info
•   
Gross Income: 54360.00
•   
Tax Year: 2020
•   
Taxes: 3672.0
Lease Info
•   
Net Operating Income: 49600.00
Listing Info
•   
Status: Closed
Other
•   
Electric Expense: 0.00
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 1
•   
Unit 3 Actual Rent: 995.00
•   
Unit 3 Total Units: 1
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Garage Spaces: 1.00
•   
Unit 3 Bathrooms: 1
•   
Unit 3 Total Rent: 995.00
Unit 2 Information
•   
Unit 2 Actual Rent: 1390.00
•   
Unit 2 Bedrooms: 1
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Garage Spaces: 1.00
•   
Unit 2 Total Rent: 1390.00
Multi Unit Information
•   
Number Wall Ac: 4
•   
# Of Units: 4
•   
Number Of Units Leased: 4
Unit 1 Information
•   
Unit 1 Bedrooms: 1
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 1.00
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 1195.00
•   
Unit 1 Total Rent: 1195.00
Unit 4 Information
•   
Unit 4 Actual Rent: 950.00
•   
Unit 4 Total Units: 1
•   
Unit 4 Furnished Units: Unfurnished
•   
Unit 4 Total Rent: 950.00
•   
Unit 4 Bathrooms: 1
•   
Unit 4 Garage Spaces: 1.00
•   
Unit 4 Bedrooms: 1
School Neighborhood & Directions
Location
•   
Community Features: Urban
School Info
•   
Directions: Lemon st with 1st street
Other
Calculation
•   
Dom: 9
•   
Cdom: 9
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: May 13, 2021 12:18pm
Neighborhood snapshot
34
Properties for sale
6
Median days on market
$296.58
Median sold price/sqft
101.13%
Sold/List %
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Property History
03/01/2021
03/01/2021
Public Record
sold
Public Record
$728,000
02/01/2021
02/01/2021
CRMLS #TR21015345
pending
CRMLS #TR21015345
$728,000
01/23/2021
01/23/2021
CRMLS #TR21015345
active
CRMLS #TR21015345
$728,000
+151.03%
04/28/2016
04/28/2016
Public Record
sold
Public Record
$290,000
+18.37%
04/27/2016
04/27/2016
Public Record
sold
Public Record
$245,000
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