Sold
Last Sold Price
3 beds26 baths12,120 sqft
10234 Gould St, Riverside, CA 92503
Multi FamilyProperty Type
1.03 acresLot Size
1957Year Built
$268/sq ftPrice per sq ft
40 carsParking Spaces

Description

10234 Gould Street is a 26-unit multifamily investment property located in Riverside, a premier rental market in the Inland Empire. Built in 1957, the property consists of 14, studio units, 10, one-bedroom units, and 2, two-bedroom units. 10234 Gould Street offers amenities including open parking, single-story construction, on-site laundry, security doors, and private patios. 10234 Gould Street has an excellent location in northwestern Riverside, nearly equidistant from Corona and Downtown Riverside.10234 Gould Street is a 26-unit multifamily investment property located in Riverside, a premier rental market in the Inland Empire. Built in 1957, the property consists of 14, studio units, 10, one-bedroom units, and 2, two-bedroom units. 10234 Gould Street offers amenities including open parking, single-story construction, on-site laundry, security doors, and private patios. 10234 Gould Street has an excellent location in northwestern Riverside, nearly equidistant from Corona and Downtown Riverside.
  • Listed by: Tyler Leeson DRE #01451551 Brokerage DRE #00530854 • Marcus & Millichap RE Invest
Listing closed: 10/26/2021 12:00 AM • Source: CRMLS, MLS#: OC21114157

Location

Listing Courtesy of Marcus & Millichap RE Invest, Tyler Leeson, DRE #01451551

Sold By MARCUS & MILLICHAP, DAVID COVARRUBIAS, DRE #01941403

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$20,972 per month

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Principal and Interest

$16,794

Property Taxes

$4,178

HOA Dues

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Property Information for 10234 Gould Street

Property Details
  • MLS Type: Residential Income
  • Parking Spaces Total: 40
  • Private Pool: No
  • Total Units: 26.0
  • Building Type: Detached
  • Lot Size Source: Assessor
  • Living Area: 12120
  • Assessor Parcel Number: 150-102-004
  • Property Attached YN: false
  • Common Walls: No Common Walls
  • New Construction: No
  • Average Studio Area Units: Square Feet
  • Average 1 Bed Area Units: Square Feet
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Building Area Total: 12120
  • Building Area Units: Square Feet
  • Stories Total: 1
  • Pool: No
  • Zoning: R3
  • Senior Community: No
  • Parcel Number: 150102004
  • Area: Not Defined (699)
  • Directions: Nearby Cross Streets: Tyler Street & Gould Street
Building Information
  • Stories: 1
  • Year Built: 1957
  • Lot Size: 1.03 AC / 44,866 SF
Income / Expense / Tax Details
Income Details
  • Gross Income: $257,640
  • Gross Scheduled Income: $255,240
  • Vacancy Allowance: 7657
  • Gross Operating Income: $249,983
  • Net Operating Income: $140,608
  • Other Income Description: Miscellaneous
  • Other Income 1: $2,400
  • Financing: Cash To New Loan
Expense Details
  • Operating Expense: $109,374
  • New Taxes Expense: $46,368
  • Fuel Expense: $3,194
  • Electric Expense: $3,194
  • Insurance Expense: $7,057
  • Maintenance Expense: $13,000
  • Professional Management Expense: $9,999
  • Other Expense: $20,174
  • Other Expense Description: Misc
  • Trash Expense: $3,194
  • Water Sewer Expense: $3,194
  • Total Expenses: $109,374
Tax / Assessment Info
  • Tax Block: 20
  • Tax Tract Number: 041101
  • Tax Census Tract: 411.01
  • Tax Lot: 2
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Level
  • Number Of Units: 26
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Uncovered Spaces: 40
  • Open Other Spaces Total: 40
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 8
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $6,145
  • Unit Type Total Rent: $6,145
  • Unit Type Pro Forma: 7160
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 6
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $4,560
  • Unit Type Total Rent: $4,560
  • Unit Type Pro Forma: 5370
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 10
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $8,650
  • Unit Type Total Rent: $8,650
  • Unit Type Pro Forma: 11950
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,915
  • Unit Type Total Rent: $1,915
  • Unit Type Pro Forma: 2990
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 26
  • Rent Controlled: Yes
  • Number Of Buildings: 7
  • Number Of Separate Electric Meters: 26
  • Number Of Separate Gas Meters: 26
  • Number Of Separate Water Meters: 1

Property History for 10234 Gould Street

DateEvent & SourcePriceAppreciation
Oct 26, 2021

Sold

CLAW #OC21114157MR

$3,250,000
Oct 26, 2021

Sold

SDMLS #OC21114157

$3,250,000
Oct 26, 2021

Sold

CRMLS #OC21114157

$3,250,000
DateEvent & SourcePrice
10/26/2021

Sold

CLAW #OC21114157MR

$3,250,000
10/26/2021

Sold

SDMLS #OC21114157

$3,250,000
10/26/2021

Sold

CRMLS #OC21114157

$3,250,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 10234 Gould Street

Taxable ValueLand$1,122,000Additions$2,958,000Total$4,080,000
Tax Record2025$50,133 ($4,178 / month)
Home Facts
Total Finished SqFt12,326 SqFtAbove Grade Finished SqFt12,326 SqFtStories1Lot Size44,867 SqFtStyleMulti-Family Res (5+ Units)Year Built1957Year Renovated1957ZoningR3CountyRIVERSIDEAPN150-102-004

Schools near 10234 Gould Street

This home is within Alvord Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Twinhill Elementary School
PublicK to 5

Loma Vista Middle School
Public6 to 8

Norte Vista High School
Public9 to 12

Summit Elementary
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap RE Invest, Tyler Leeson, DRE #01451551

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.