1754 Seventh St
Description
Avenue. The property is surrounded by new developments and is conveniently located near the 91, 60 and 215 freeways connecting to all of San
Bernardino, Orange, and Los Angeles Counties. 1754 7th Street is within walking distance to Walgreens, Food4Less, Dollar Tree, Planet Fitness,
McDonalds, Burger King and El Pollo Loco with access to many retail centers...A multifamily opportunity to acquire this 2-Unit duplex property. 1754 7th Street is situated on Seventh Street between Mesa Street and Chicago
Avenue. The property is surrounded by new developments and is conveniently located near the 91, 60 and 215 freeways connecting to all of San
Bernardino, Orange, and Los Angeles Counties. 1754 7th Street is within walking distance to Walgreens, Food4Less, Dollar Tree, Planet Fitness,
McDonalds, Burger King and El Pollo Loco with access to many retail centers with popular shops and restaurants within a quick five-minute drive.
1754 7th Street is located in the heart of Riverside near Downtown and nearby the UCR, John W North High School, Riverside City College, Riverside
Community Hospital and the Riverside Metrolink Rail Station. Significant local amenities include, Castle Amusement Park, Victoria Gardens,
Riverside Art Museum, the historic Mission Inn Hotel & Spa, and UC Riverside Botanic Gardens all within a close 20-mile proximity. Health care,
Retail Trade, Social Assistance and Construction industries are the top economic drivers of the Riverside’s economy and has shown steady growth
over the past 10 years. The Inland Empire Ranks in the Top 10 in the U. S. for Annual Rent Growth & Lowest Vacancy Rate. The Inland Empire region
attracts a strong working-class demographic and ideal for long-term renters. 1754 7th Street is a prime property and a great long-term investment. The property offers stability for any type of investor whether it may be a first-time purchaser, seasoned investor, or those seeking a 1031 exchange
opportunity.
- Listed by ERIC CHEN • DRE #01489184 • Brokerage DRE #00409987 • CB RICHARD ELLIS • 626-757-5717
Property Details for 1754 Seventh Street
Property Details for 1754 Seventh Street
| Status | Closed |
|---|---|
| MLS # | CV23030003 |
| Days on Market | 21 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Property Type | Townhouse |
| MLS Type | Residential |
| Year Built | 1941 |
| Lot Size | 0.22 AC / 9,583 SF |
| County | Riverside County |
Location
Sold By TRAN & TRAN REALTY INC, LINH TRAN, DRE #01888002
Building Information for 1754 Seventh Street
Payment Calculator
$2,383 per month
30 year fixed, 6.36% Interest
$1,993
$390
$0
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1Property Information for 1754 Seventh Street
- Gross Income: $29,472
- Gross Scheduled Income: $29,472
- Vacancy Allowance: 1474
- Gross Operating Income: $27,998
- Net Operating Income: $15,776
- Other Income Description: HUD
- Other Income 1: $6,852
- Gross Multiplier: 15.27
- Cap Rate: 3.51
- Financing: Other
- Operating Expense: $12,223
- New Taxes Expense: $5,072
- Gardener Expense: $300
- Electric Expense: $0
- Insurance Expense: $1,914
- Maintenance Expense: $749
- Professional Management Expense: $1,551
- Other Expense: $400
- Other Expense Description: Reserves
- Trash Expense: $0
- Water Sewer Expense: $1,264
- Supplies Expense: $322
- Total Expenses: $12,223
- Tax Tract Number: 030501
- Tax Census Tract: 305.01
- CFD/Mello-Roos Fee: $66
- Tax Lot: 39
- Assessments YN: Yes
- Assessments: Unknown
- Community Features: Curbs, Sidewalks
- Equipment: N/K
- Room Type: All Bedrooms Down
- Main Level Bathrooms: 1
- Main Level Bedrooms: 2
- Bedroom Features: All Bedrooms Down
- Laundry: No
- Laundry Features: None
- Fireplace Features: None
- Fireplace Rooms: None
- Fireplace: N/K
- Cooling: Wall/Window Unit(s)
- Heating Type: Wall Furnace
- Heating: Wall Furnace
- Heat Equipment: Wall/Gravity
- Flooring Type: Carpet
- Flooring: Carpet
- Structure Type: Duplex
- View Description: None
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Pool Heat: N/K
- Spa Features: None
- Spa Heat: N/K
- Sign on Property: No
- Lot Features: 2-5 Units/Acre
- Lease Considered: No
- Number Of Units: 2
- Available For Lease: No
- Land Lease: No
- Land Lease Type: Fee
- Levels: One
- Water: Public
- Sewer: Public Sewer
- Sewer/Septic: Public Sewer
- Water Source: Public
- Garage Spaces: 1
- Parking: Yes
- Parking Garage: Driveway, Garage - 1 Car
- Uncovered Spaces: 3
- Open Other Spaces Total: 3
- Parking Garage Spaces: 1
- Carport Spaces: 0
- Attached Garage: No
- Parking Features: Driveway, Garage - Single Door
- Residential Styles: Townhome
- Residential Unit Location: No Common Walls
- Unit Type Units Total: 1
- Unit Type Beds Total: 0
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $540
- Unit Type Total Rent: $6,480
- Unit Type Pro Forma: 1000
- Unit Type Type: 1
- 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: No
- Unit Type Actual Rent: $1,345
- Unit Type Total Rent: $16,140
- Unit Type Pro Forma: 1500
- Unit Type Type: 2
- Number Of Units Leased: 2
- Rent Controlled: No
- Number Of Buildings: 2
- Number Of Separate Electric Meters: 2
- Number Of Separate Gas Meters: 2
- Number Of Separate Water Meters: 1
Property History for 1754 Seventh Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Aug 2, 2023 | Expired CRMLS #CV23029826 | $450,000 | — |
| Aug 1, 2023 | Expired CLAW #CV23029826MR | $450,000 | — |
| Apr 26, 2023 | Sold CLAW #CV23030003MR | $400,000 | — |
| Apr 26, 2023 | Sold SDMLS #CV23030003 | $400,000 | — |
| Apr 26, 2023 | Sold CRMLS #CV23030003 | $400,000 | — |
| Mar 29, 2023 | Sold (Public Record) Public Record #1511201000 | $400,000 | — |
| Mar 29, 2023 | Sold (Public Record) Public Record #1511137995 | $400,000 | — |
| Mar 29, 2023 | Sold (Public Record) Public Record #1509799074 | $400,000 | — |
| Mar 29, 2023 | Sold (Public Record) Public Record #1510798779 | $400,000 | — |
| Mar 20, 2023 | Withdrawn / Cancelled CRMLS #CV23029826 | — | |
| Mar 20, 2023 | Pending CRMLS #CV23030003 | — | |
| Mar 20, 2023 | Pending CRMLS #CV23029826 | — | |
| Mar 20, 2023 | Withdrawn / Cancelled CLAW #CV23029826MR | — | |
| Mar 17, 2023 | Expired SDMLS #CV23029826 | — | |
| Mar 17, 2023 | Withdrawn / Cancelled SDMLS #CV23029826 | — | |
| Mar 17, 2023 | Pending SDMLS #CV23029826 | — | |
| Mar 17, 2023 | Pending CLAW #CV23029826MR | — | |
| Mar 14, 2023 | Pending CLAW #CV23030003MR | — | |
| Mar 14, 2023 | Accepting Backup Offers CRMLS #CV23030003 | — | |
| Mar 14, 2023 | Accepting Backup Offers CLAW #CV23030003MR | — | |
| Mar 14, 2023 | Pending SDMLS #CV23030003 | — | |
| Feb 21, 2023 | Listed (Active) SDMLS #CV23029826 | $450,000 | — |
| Feb 21, 2023 | Listed (Active) CLAW #CV23029826MR | $450,000 | — |
| Feb 21, 2023 | Listed (Active) CRMLS #CV23029826 | $450,000 | — |
| Feb 21, 2023 | Listed (Active) CLAW #CV23030003MR | $450,000 | — |
| Feb 21, 2023 | Listed (Active) CRMLS #CV23030003 | $450,000 | — |
| Feb 21, 2023 | Listed (Active) SDMLS #CV23030003 | $450,000 | — |
| Feb 8, 2004 | Expired CRMLS #I307607 | $139,000 | — |
| Feb 8, 2004 | Expired CLAW #I307607MR | — | |
| Jan 13, 2004 | Expired CRMLS #I305332 | $139,000 | — |
| Jan 13, 2004 | Expired CLAW #I305332MR | — | |
| Feb 7, 2003 | Listed (Active) CLAW #I307607MR | $139,000 | — |
| Feb 7, 2003 | Listed (Active) CRMLS #I307607 | $139,000 | — |
| Jan 13, 2003 | Listed (Active) CLAW #I305332MR | $139,000 | — |
| Jan 13, 2003 | Listed (Active) CRMLS #I305332 | $139,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 08/02/2023 | Expired CRMLS #CV23029826 | $450,000 |
| 08/01/2023 | Expired CLAW #CV23029826MR | $450,000 |
| 04/26/2023 | Sold CLAW #CV23030003MR | $400,000 |
| 04/26/2023 | Sold SDMLS #CV23030003 | $400,000 |
| 04/26/2023 | Sold CRMLS #CV23030003 | $400,000 |
| 03/29/2023 | Sold (Public Record) Public Record #1511201000 | $400,000 |
| 03/29/2023 | Sold (Public Record) Public Record #1511137995 | $400,000 |
| 03/29/2023 | Sold (Public Record) Public Record #1509799074 | $400,000 |
| 03/29/2023 | Sold (Public Record) Public Record #1510798779 | $400,000 |
| 03/20/2023 | Withdrawn / Cancelled CRMLS #CV23029826 | — |
| 03/20/2023 | Pending CRMLS #CV23030003 | — |
| 03/20/2023 | Pending CRMLS #CV23029826 | — |
| 03/20/2023 | Withdrawn / Cancelled CLAW #CV23029826MR | — |
| 03/17/2023 | Expired SDMLS #CV23029826 | — |
| 03/17/2023 | Withdrawn / Cancelled SDMLS #CV23029826 | — |
| 03/17/2023 | Pending SDMLS #CV23029826 | — |
| 03/17/2023 | Pending CLAW #CV23029826MR | — |
| 03/14/2023 | Pending CLAW #CV23030003MR | — |
| 03/14/2023 | Accepting Backup Offers CRMLS #CV23030003 | — |
| 03/14/2023 | Accepting Backup Offers CLAW #CV23030003MR | — |
| 03/14/2023 | Pending SDMLS #CV23030003 | — |
| 02/21/2023 | Listed (Active) SDMLS #CV23029826 | $450,000 |
| 02/21/2023 | Listed (Active) CLAW #CV23029826MR | $450,000 |
| 02/21/2023 | Listed (Active) CRMLS #CV23029826 | $450,000 |
| 02/21/2023 | Listed (Active) CLAW #CV23030003MR | $450,000 |
| 02/21/2023 | Listed (Active) CRMLS #CV23030003 | $450,000 |
| 02/21/2023 | Listed (Active) SDMLS #CV23030003 | $450,000 |
| 02/08/2004 | Expired CRMLS #I307607 | $139,000 |
| 02/08/2004 | Expired CLAW #I307607MR | — |
| 01/13/2004 | Expired CRMLS #I305332 | $139,000 |
| 01/13/2004 | Expired CLAW #I305332MR | — |
| 02/07/2003 | Listed (Active) CLAW #I307607MR | $139,000 |
| 02/07/2003 | Listed (Active) CRMLS #I307607 | $139,000 |
| 01/13/2003 | Listed (Active) CLAW #I305332MR | $139,000 |
| 01/13/2003 | Listed (Active) CRMLS #I305332 | $139,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 1754 Seventh Street
Schools near 1754 Seventh Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | K to 6 |
Rating | School | Distance |
|---|---|---|
William Howard Taft 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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| Address | Sold price | Beds | Baths | Sqft | Lot AC |
|---|---|---|---|---|---|
$500,000 | 4 | 2 | 1,912 | 0.2 | |
$185,000 | 4 | 2 | 1,607 | 0.2 | |
– | 3 | 1 | 1,235 | 0.22 | |
$189,900 | 3 | 2 | 1,242 | 0.24 | |
– | 3 | 2 | 1,118 | 0.21 | |
– | – | – | – | 0.42 | |
$523,000 | – | – | 15,005 | – | |
$270,000 | – | – | – | 0.23 | |
$635,000 | 3 | 2 | 1,444 | 0.26 | |
$134,900 | 1 | 1 | 576 | 0.21 | |
$1,830,000 | – | – | – | 0.23 | |
$780,000 | – | – | – | 0.4 | |
$780,000 | – | – | – | 0.4 | |
$400,000 | – | 1 | 600 | 0.24 | |
– | 2 | 1 | 1,008 | 0.18 |
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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 CB RICHARD ELLIS, ERIC CHEN, DRE #01489184
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.