Sold
Last Sold Price
5 beds4 baths2,400 sqft$277/sqft
1383 Villa St, Unit 4, Riverside, CA 92507
Multi FamilyProperty Type
7,405 sq ftLot Size
1957Year Built
$277/sq ftPrice per sq ft
8 carsParking Spaces

Description

Great opportunity for first time home buyers or investors, in the heart of Riverside conveniently located close to freeways, 215, 10 and 15, a couple of miles North the Box Spring Mountain Reserve Park is located, Grand Terrace High School and Groceries stores. 3 units have one bedroom and one bathroom, the fourth unit has 2 bedroom and one bath, it is located in separate building on above the 4 garages (see photos), there are 5 open parking spaces on the back of the building accessed through the...Great opportunity for first time home buyers or investors, in the heart of Riverside conveniently located close to freeways, 215, 10 and 15, a couple of miles North the Box Spring Mountain Reserve Park is located, Grand Terrace High School and Groceries stores. 3 units have one bedroom and one bathroom, the fourth unit has 2 bedroom and one bath, it is located in separate building on above the 4 garages (see photos), there are 5 open parking spaces on the back of the building accessed through the alley. Drive by only. Seller will not do any repair except those required by the lender - Seller will not as the tenants to vacate the apartments. – PROPERTY IS SOLD AS IS - – PROPERTY IS SOLD AS IS - – PROPERTY IS SOLD AS IS -– PROPERTY IS SOLD AS IS – DO NOT DISTURBE THE TENANTS- DRIVE BY ONLY-
  • Listed by: Kenneth Conejo DRE #01062524 Brokerage DRE #1062524 • Kenneth Conejo, Broker
Listing closed: 03/11/2022 12:00 AM • Source: CRMLS, MLS#: IG22021115

Location

Listing Courtesy of Kenneth Conejo, Broker, Kenneth Conejo, DRE #01062524

Sold By Kenneth Conejo, Broker, Kenneth Conejo, DRE #01062524

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Property Information for 1383 Villa Street, Unit 4

Property Details
  • MLS Type: Residential Income
  • Architectural Style: Contemporary
  • View: None
  • Parking Spaces Total: 8
  • Private Pool: No
  • Total Units: 4.0
  • Building Type: Attached
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 7405
  • Living Area: 2400
  • Assessor Parcel Number: 247-081-011
  • Property Attached YN: true
  • Common Walls: 2+ 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: 2400
  • Building Area Units: Square Feet
  • Pool: No
  • Spa: No
  • View: No
  • View: No
  • Senior Community: No
  • Parcel Number: 247081011
  • Area: Riverside (252)
  • Directions: Get on CA-91 E to Highgrove. Take exit 36 from I-215 N, Continue onto I-215 N, Take exit 36 toward Center St.Continue on E La Cadena Dr. Drive to Villa St.Sharp right onto E La Cadena Dr. Turn left onto Villa St
Building Information
  • Year Built: 1957
  • Lot Size: 0.17 AC / 7,405 SF
Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas, Telephone
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $47,400
  • Vacancy Allowance: 948
  • Vacancy Allowance Rate: 2
  • Gross Operating Income: $46,452
  • Net Operating Income: $38,952
  • Current Financing: Conventional
  • Financing: Cash
Expense Details
  • Operating Expense: $7,500
  • Gardener Expense: $840
  • Insurance Expense: $1,487
  • Maintenance Expense: $2,040
  • Trash Expense: $660
  • Water Sewer Expense: $1,200
  • Supplies Expense: $450
  • Total Expenses: $5,837
Tax / Assessment Info
  • Tax Rate: 88044.0
  • Tax Annual Amount: $5,511
  • Tax Tract Number: unk...
  • Tax Census Tract: 0423.00
  • Tax Lot: 2
Community / Development
Community / Development
  • Community Features: Urban
Property / Structure Info
Interior Features
  • Interior Features: 2 Staircases
  • Laundry: No
  • Laundry Features: None
  • Heating Type: Central, Forced Air
  • Heating: Central, Forced Air
  • Flooring Type: Carpet, Vinyl
  • Flooring: Carpet, Vinyl
Exterior Features
  • Roof: Composition
  • Foundation Details: Slab
  • Foundation Details: Slab
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Spa Features: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Level
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Frontage Type: City Street
  • Levels: One, Two
  • Water: Public
  • Sewer: Cesspool
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Garage - 1 Car
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Garage Faces Side, Garage - Single Door
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $950
  • Unit Type Total Rent: $950
  • Unit Type Pro Forma: 1000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $950
  • Unit Type Total Rent: $950
  • Unit Type Pro Forma: 1000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $850
  • Unit Type Total Rent: $850
  • Unit Type Pro Forma: 1000
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,200
  • Unit Type Total Rent: $1,200
  • Unit Type Pro Forma: 1300
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number With Carpet: 4
  • Number With Drapes: 4
  • Number With Patio: 4

Property History for 1383 Villa Street, Unit 4

DateEvent & SourcePriceAppreciation
Mar 11, 2022

Sold

CRMLS #IG22021115

$665,000
Mar 11, 2022

Sold

CLAW #IG22021115MR

$665,000
Feb 17, 2022

Pending

CRMLS #IG22021115

DateEvent & SourcePrice
03/11/2022

Sold

CRMLS #IG22021115

$665,000
03/11/2022

Sold

CLAW #IG22021115MR

$665,000
02/17/2022

Pending

CRMLS #IG22021115

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

Schools near 1383 Villa Street, Unit 4

This home is within Riverside Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Charter - K to 6
Rating
School
Distance
Highgrove Elementary School
PublicK to 6

University Heights Middle School
Public7 to 8

John W. North High School
Public9 to 12

REACH Leadership STEAM Academy
CharterK to 6

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 Kenneth Conejo, Broker, Kenneth Conejo, DRE #01062524

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.