1823 Milton St

2
Baths
1,296 Sq. Ft.
$215 / Sq. Ft.
1,296
Sq. Ft.
$215
per Sq. Ft.

Description

Just listed! This is an unusually nice duplex. It has (1)- 1 bed, 1 bath unit and (1)- 2bed, 1 bath unit. The seller has made a lot of improvements on this property that are not typical for a rental:
Double pane low E windows,;
Security doors with screens;
Central heat and air;
Heavy insulation in the walls and attic;
Beautiful tile flooring;
Automatic sprinklers front and rear;
2 car garage with remote opener;
Concrete patios;
Copper plumping;
And many other upgrades. The current rents are low at only $700
...Just listed! This is an unusually nice duplex. It has (1)- 1 bed, 1 bath unit and (1)- 2bed, 1 bath unit. The seller has made a lot of improvements on this property that are not typical for a rental:
Double pane low E windows,;
Security doors with screens;
Central heat and air;
Heavy insulation in the walls and attic;
Beautiful tile flooring;
Automatic sprinklers front and rear;
2 car garage with remote opener;
Concrete patios;
Copper plumping;
And many other upgrades. The current rents are low at only $700 for the 1 bedroom and $800 for the 2 bedroom, should be $850 and $950. Tenants pay everything but the water and trash (about $60/mo.) and the gardener ($80/mo.). The asking price is $309,900, but the seller is motivated, has already found another property and put it into escrow. So, this may be an interesting opportunity to make an offer on a exceptionally nice property! Take a look at the photos and see for yourself just how nice this is! Centrally located near downtown and freeways in an full built out area. Rental units are a tight market here and as a result vacancy rates are low and rents are increasing for the past several years. Nicer properties, of course, demand high rents.
  1. Listed by Stephen Rogers • DRE #01256469 • The Realty Pros

Property Details for 1823 Milton Street

Parking Spaces Total
5
Private Pool
No
Cooling Type
Central Air, Gas
Total Units
2.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
1296
Assessor Parcel Number
210-043-032
LISTING CLOSED: 04/24/2017 12:00 AM

Property Details for 1823 Milton Street

StatusClosed
MLS #IG17052870
Days on Market3
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1955
Lot Size0.16 AC / 6,970 SF
CountyRiverside County

Location

Listing Courtesy of The Realty Pros, Stephen Rogers, DRE #01256469

Sold By HLS Group, Inc., Ralph Schiavone, DRE #01158966

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Building Information for 1823 Milton Street

Stories1Residences-Year Built1955Building Size-Lot Size0.16 AC / 6,970 SF

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$1,697 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,390

Property Taxes

$307

HOA Dues

$0

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Property Information for 1823 Milton Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $18,000
  • Gross Scheduled Income: $18,000
  • Vacancy Allowance: 180
  • Vacancy Allowance Rate: 1
  • Gross Operating Income: $17,820
  • Net Operating Income: $11,661
  • Gross Multiplier: 16.0
  • Cap Rate: 4.0
  • Financing: Conventional
Expense Details
  • Operating Expense: $6,159
  • New Taxes Expense: $3,600
  • Gardener Expense: $954
  • Electric Expense: $0
  • Insurance Expense: $885
  • Trash Expense: $0
  • Water Sewer Expense: $720
  • Total Expenses: $6,159
Tax / Assessment Info
  • Tax Tract Number: 0000
  • Tax Census Tract: 301.01
  • Tax Lot: 69
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Buyer to Verify
  • Community Features: Curbs, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
  • Cooling: Central Air, Gas
  • Heating Type: Central, Natural Gas
  • Heat Source: Natural Gas
  • Heating: Central, Natural Gas
Exterior Features
  • Property Condition: Turnkey
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Cul-De-Sac, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Levels: One
  • Water: Meter on Property
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Assigned
  • Uncovered Spaces: 3
  • Open Other Spaces Total: 3
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Assigned
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: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $700
  • Unit Type Total Rent: $700
  • Unit Type Pro Forma: 850
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $800
  • Unit Type Total Rent: $800
  • Unit Type Pro Forma: 950
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 1823 Milton Street

DateEvent & SourcePriceAppreciation
Apr 24, 2017

Sold

SDMLS #IG17052870

$279,000
Apr 24, 2017

Sold

CLAW #IG17052870MR

$279,000
Apr 24, 2017

Sold

CRMLS #IG17052870

$279,000
DateEvent & SourcePrice
04/24/2017

Sold

SDMLS #IG17052870

$279,000
04/24/2017

Sold

CLAW #IG17052870MR

$279,000
04/24/2017

Sold

CRMLS #IG17052870

$279,000

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

Public Records for 1823 Milton Street

Taxable ValueLand$81,238Additions$242,558Total$323,796
Tax Record2025$3,681 ($307 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,296 SqFtAbove Grade Finished SqFt1,296 SqFtStories1Lot Size6,534 SqFtStyleSingle Family ResidenceYear Built1955Year Renovated1956ZoningR1065CountyRIVERSIDEAPN210-043-032Fireplace TypeHas Fireplace

Schools near 1823 Milton Street

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 The Realty Pros, Stephen Rogers, DRE #01256469

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.