Sold
Last Sold Price
4,000 sqft$130/sqft
11346 Magnolia Ave, Riverside, CA 92505
Multi FamilyProperty Type
0.28 acresLot Size
1983Year Built
$130/sq ftPrice per sq ft
4 carsParking Spaces

Description

Great investment property. Each unit with attached 2 car garage & laundry hookups. Agents see private RemarksGreat investment property. Each unit with attached 2 car garage & laundry hookups. Agents see private Remarks
  • Listed by: Ana Esparza DRE #00708246 • Southland Diamante Realty
Listing closed: 12/06/2010 12:00 AM • Source: CRMLS, MLS#: P744557

Location

Listing Courtesy of Southland Diamante Realty, Ana Esparza, DRE #00708246

Sold By SELLSMART STAR REALTY, ALBERT NAVARRO, DRE #01164040

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$3,343 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,643

Property Taxes

$700

HOA Dues

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Property Information for 11346 Magnolia Avenue

Property Details
  • MLS Type: Residential Income
  • Architectural Style: Contemporary
  • Parking Spaces Total: 4
  • Private Pool: No
  • Total Units: 4.0
  • Lot Size Source: Assessor
  • Living Area: 4000
  • Assessor Parcel Number: 132-030-013
  • Average Studio Area: 0
  • Average 1 Bed Area: 0
  • Average 2 Bed Area: 0
  • Average 3 Bed Area: 0
  • Building Area Total: 4000
  • Fireplace: No
  • Pool: No
  • Spa: No
  • View: No
  • View: No
  • Subdivision Name: OTHR
  • Subdivision Name Other: Other
  • Senior Community: No
  • Parcel Number: 132030013
  • Area: Riverside (252)
  • Directions: This is a short sale subject to lender approval of all terms. Agents please drive by only. Do not disturb tenants. Tenants unaware of sale at this
Building Information
  • Stories: 2
  • Year Built: 1983
  • Lot Size: 0.28 AC / 12,196 SF
Income / Expense / Tax Details
Income Details
  • Gross Income: $4,350
  • Gross Scheduled Income: $52,200
  • Gross Spendable Income: $0
  • Gross Equity: $0
  • Vacancy Allowance: 0
  • Vacancy Allowance Rate: 0
  • Net Operating Income: $49,800
  • Number Of Rented Garages: 0
  • Gross Multiplier: 11.28
  • Cap Rate: 8.46
  • Sold Cap Rate: 9.58
  • Financing: Conventional
Expense Details
  • Operating Expense: $2,400
  • Operating Expense Percent: .00%
  • New Taxes Expense: $11,058
  • Gardener Expense: $0
  • Cable TV Expense: $0
  • Licenses Expense: $0
  • Pest Control Expense: $0
  • Pool Expense: $0
  • Furniture Replacement Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $2,500
  • Maintenance Expense: $0
  • Maintenance Percent: .00%
  • Professional Management Expense: $0
  • Workmans Compensation Expense: $0
  • Other Expense: $0
  • Other Expense Description: 0
  • Trash Expense: $0
  • Water Sewer Expense: $200
  • Supplies Expense: $0
Tax / Assessment Info
  • Tax Area: 9176
  • Tax Rate: 0.0
  • Tax Year: 0
  • Tax Tract: unknown
  • Tax Tract Number: 9787
  • Taxes Percent: .00%
  • Tax Lot: 3
Community / Development
Community / Development
  • Assessments YN: No
Property / Structure Info
Interior Features
  • Laundry: No
Exterior Features
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
Land/Lot Info
  • Number Of Units: 4
  • Improvements Amount: $.00
  • Improvements Percent: .00%
  • Land Lease Amount: $0
  • Land Value: $.00
  • Land Value Percent: .00%
  • Levels: Two
  • Water: District
  • Sewer: Sewer Paid
  • Utilities: Sewer Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: No
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Code: Other
  • Personal Property Amount: $.00
  • Personal Property Percent: .00%
Unit Information
Unit Information
  • Number Of Units Leased: 0
  • 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 Dishwasher: 0
  • Number With Range: 0
  • Number With Refrigerator: 0
  • Number With Carpet: 0
  • Number With Disposal: 0
  • Number With Drapes: 0
  • Number With Patio: 0
  • Number Wall AC: 0

Property History for 11346 Magnolia Avenue

DateEvent & SourcePriceAppreciation
Dec 6, 2010

Sold

CRMLS #P744557

$520,000
Dec 6, 2010

Sold

CLAW #P744557MR

$520,000
Oct 26, 2010

Sold (Public Record)

Public Record #301097706

$520,000

-10.5% / yr

DateEvent & SourcePrice
12/06/2010

Sold

CRMLS #P744557

$520,000
12/06/2010

Sold

CLAW #P744557MR

$520,000
10/26/2010

Sold (Public Record)

Public Record #301097706

$520,000

-10.5% / yr

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

Public Records for 11346 Magnolia Avenue

Taxable ValueLand$95,384Additions$584,133Total$679,517
Tax Record2025$8,398 ($700 / month)
Home Facts
Total Finished SqFt4,172 SqFtAbove Grade Finished SqFt4,172 SqFtStories2Lot Size12,197 SqFtStyleQuadraplexYear Built1984Year Renovated1984ZoningR3CountyRIVERSIDEAPN132-030-013

Schools near 11346 Magnolia Avenue

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 - 9 to 12
Rating
School
Distance
Phillip M. Stokoe Elementary School
PublicK to 5

Ysmael Villegas Middle School
Public6 to 8

Hillcrest High School
Public9 to 12

Alvord Continuation High School
Public9 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 Southland Diamante Realty, Ana Esparza, DRE #00708246

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.