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5964 Crest Avenue, Riverside, CA 92503
2
beds
1
bath
2880
ft2
· 10019
ft2 lot
$765,000
$266 / ft2
Listing provided courtesy of Ryan Robson, U.S. Real Estate Services, Inc.
Source CRMLS.
INVESTORS! INVESTORS! INVESTORS! This Multi Family property is (4) 2 bedroom / 1 bath units. It consists of two individual single level buildings housing 2 units each with a huge driveway in the center for tenant parking. Property has been upgraded and improved over the years of ownership. Each unit is individually metered for gas and electric. The owner pays for water and gardening which runs about $200 per month. Each unit has a wall A/C and a gas wall heater inside. Each unit also has their own individual backyard. Property located in a coveted school district which offers after school programs for children which is highly attractive for tenants. Hurry this property won't last long!
HOA
$0/month
On market
2 months
Year built
1959
Property type
Multi-Family
Parking
8
MLS
OC21043679
Price / Sq.Ft.
$266 / ft2
Status
Active Under Contract
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Property Details
Interior Features & Layout
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
•   
Average2 Bed Area: 720
Heating & Cooling
•   
Has Heating
•   
Heating Details: Wall Furnace
•   
Cooling Details: Wall/Window Unit(s)
Interior Size
•   
Building Area Total: 2880.00
Property, Lot, Community & Exterior Features
Community Info
•   
Road Frontage Type: City Street
•   
Number Of Buildings: 2
•   
Total Units: 4
Parking Info
•   
Garage Spaces: 0.00
•   
Uncovered Spaces: 8.00
Building Info
•   
Building Area Units: Square Feet
•   
Zoning: R1RL
•   
Roof: Rolled/Hot Mop
•   
Stories Total: 1
•   
Num Stories: One
•   
Year Built Source: Assessor
Lot Info
•   
Lot Features: 0-1 Unit/Acre
•   
Lot Size Source: Assessor
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.2300
•   
Lot Size Area: 10019.0000
•   
Lot Size Units: Square Feet
Property Features
•   
Fencing: Chain Link
•   
Common Walls: No Common Walls
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
Listing Details, Costs & Financing Information
Financial Info
•   
Gross Operating Income: 57600.00
•   
Water Sewer Expense: 1200.00
•   
Licenses Expense: 150.00
•   
Total Actual Rent: 4800.00
•   
Trash Expense: 0.00
•   
New Taxes Expense: 9045.00
•   
Insurance Expense: 1700.00
•   
Total Expenses: 13295.00
•   
Gross Scheduled Income: 57600.00
•   
Tax Block: 18
•   
Operating Expense: 13295.00
•   
Gardener Expense: 1200.00
Tax/Assessment Info
•   
Gross Income: 57600.00
•   
Tax Year: 2020
•   
Taxes: 4015.0
Lease Info
•   
Net Operating Income: 44305.00
Listing Info
•   
Status: Active Under Contract
Multi Unit Information
Multi Unit Information
•   
Number Wall Ac: 4
•   
# Of Units: 1
Unit 1 Information
•   
Unit 1 Bedrooms: 2
•   
Unit 1 Total Units: 4
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 0.00
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 1200.00
•   
Unit 1 Total Rent: 4800.00
School Neighborhood & Directions
Location
•   
Community Features: Street Lights
School Info
•   
Directions: Tyler to Cypress to Crest
Other
Calculation
•   
Dom: 25
•   
Cdom: 25
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: Apr 19, 2021 8:43pm
Neighborhood snapshot
71
Properties for sale
6
Median days on market
$283.36
Median sold price/sqft
101.61%
Sold/List %
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Property History
03/27/2021
03/27/2021
CRMLS #OC21043679
active
CRMLS #OC21043679
$765,000
--6.13%
03/27/2021
03/27/2021
CRMLS #OC21043679
active
CRMLS #OC21043679
$815,000
+6.54%
03/02/2021
03/02/2021
CRMLS #OC21043679
active
CRMLS #OC21043679
$765,000
+104.00%
08/18/2004
08/18/2004
Public Record
sold
Public Record
$375,000
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