10671 Burton St

Riverside, CA 92505

$832,000
Last Sold Price
3
Beds
4
Baths
3,300 Sq. Ft.
$252 / Sq. Ft.
3,300
Sq. Ft.
$252
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 4/12/21
Closed 4/12/21
a front view of a house with a yard

Description

Investors dream property! Location, location, location! 100% Occupied Riverside Fourplex. All tenants are currently paying full rent and are on month to month rental agreements. This will allow a buyer the flexibility to increase rents in the near future if they wish. This property is located within 1 mile of both the Tyler Galleria and Kaiser hospital. This property is a four unit property with two 2 bd. 1 ba. units on the ground floor, and at the rear of the property are two 1 bd. 1 ba. units upstairs....Investors dream property! Location, location, location! 100% Occupied Riverside Fourplex. All tenants are currently paying full rent and are on month to month rental agreements. This will allow a buyer the flexibility to increase rents in the near future if they wish. This property is located within 1 mile of both the Tyler Galleria and Kaiser hospital. This property is a four unit property with two 2 bd. 1 ba. units on the ground floor, and at the rear of the property are two 1 bd. 1 ba. units upstairs. Each unit comes with a single car attached garage which is located in the rear of the property. A vehicle can also be parked directly in the back of tenants' assigned garage for additional parking. The garages are in an alley that is gated by the River Glen Apartments. The new owners can join the River Glen Apartments Association for a dollar amount that is up to the association. This would allow your tenants to be able to use the River Glen Apartments swimming pool, bringing even more value to your units. Tenants are responsible for their own gas, electric. The owner pays for common area electric and water. A washer and Dryer are in the garage and are coin operated and owned by an outside vendor. This would be an additional income stream for the new owner if they wanted to operate this on their own in the future. Recent upgrades include a brand new roof, newly painted fascia board. Bring your investors! Listing agent is related to sellers.
  1. Listed by Ryan Robson • DRE #01261783 • Brokerage DRE #01885830 • U.S. Real Estate Services, Inc • 949-540-5453

Property Details for 10671 Burton Street

Parking Spaces Total
4
Private Pool
No
Cooling Type
Wall/Window Unit(s)
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
3300
Assessor Parcel Number
143-242-002
LISTING CLOSED: 04/12/2021 12:00 AM

Property Details for 10671 Burton Street

StatusClosed
MLS #OC21040446
Days on Market8
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1965
Lot Size0.17 AC / 7,405 SF
CountyRiverside County
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Location

Listing Courtesy of U.S. Real Estate Services, Inc, Ryan Robson, DRE #01261783

Sold By REALTY MASTERS & ASSOCIATES, TYLER HUNGERFORD, DRE #02021574

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Building Information for 10671 Burton Street

Stories2Residences-Year Built1965Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage1

$5,164 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,229

Property Taxes

$935

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 10671 Burton Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $52,800
  • Gross Scheduled Income: $52,800
  • Gross Operating Income: $52,800
  • Net Operating Income: $39,306
  • Financing: Conventional
Expense Details
  • Operating Expense: $13,494
  • New Taxes Expense: $9,444
  • Licenses Expense: $150
  • Electric Expense: $360
  • Insurance Expense: $2,000
  • Maintenance Expense: $700
  • Trash Expense: $0
  • Water Sewer Expense: $840
  • Total Expenses: $13,494
Tax / Assessment Info
  • Tax Tract Number: 0414
  • Tax Census Tract: 414.07
  • Tax Lot: 39
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Buyer to Verify
  • Community Features: Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: In Garage
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Wall Furnace
  • Heating: Wall Furnace
Exterior Features
  • Roof: Composition, See Remarks
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Level with Street
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Levels: Two
  • Water: Public, See Remarks
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Sewer Connected, See Remarks
  • Electric: Natural Gas Connected, See Remarks, Sewer Connected
  • Water Source: See Remarks, Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Direct Entrance, Garage - 1 Car, Gated
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Gated, Direct Garage Access, Garage - Single Door, Garage Faces Rear, See Remarks
Unit Information
Unit 1
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,000
  • Unit Type Total Rent: $2,000
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 2
Unit 2
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,200
  • Unit Type Total Rent: $2,400
  • Unit Type Pro Forma: 2900
  • Unit Type Type: 1
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number With Disposal: 4
  • Number Wall AC: 4

Property History for 10671 Burton Street

DateEvent & SourcePriceAppreciation
Apr 12, 2021

Sold

CLAW #OC21040446MR

$832,000—
Apr 12, 2021

Sold

SDMLS #OC21040446

$832,000—
Apr 12, 2021

Sold

CRMLS #OC21040446

$832,000—
DateEvent & SourcePrice
04/12/2021

Sold

CLAW #OC21040446MR

$832,000
04/12/2021

Sold

SDMLS #OC21040446

$832,000
04/12/2021

Sold

CRMLS #OC21040446

$832,000

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

Public Records for 10671 Burton Street

Taxable ValueLand$162,364Additions$738,217Total$900,581
Tax Record2025$11,217 ($935 / month)
Home Facts
Total Finished SqFt2,640 SqFtAbove Grade Finished SqFt2,640 SqFtStories2Lot Size7,405 SqFtStyleQuadraplexYear Built1972ZoningR3CountyRIVERSIDEAPN143-242-002

Schools near 10671 Burton Street

This home is within Alvord Unified School District.
Rating
School
Type
Grades
Distance
Collett Elementary School
Public - K to 5
Arizona Middle School
Public - 6 to 8
La Sierra High School
Public - 9 to 12
Summit Secondary
Public - 6 to 12
Rating
School
Distance
Collett Elementary School
PublicK to 5

Arizona Middle School
Public6 to 8

La Sierra High School
Public9 to 12

Summit Secondary
Public6 to 12

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 U.S. Real Estate Services, Inc, Ryan Robson, DRE #01261783

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.