Sold
Last Sold Price
7 beds3 baths2,968 sqft

2909 4th St, Riverside, CA 92507

Multi FamilyProperty Type
0.24 acresLot Size
1902Year Built
$291/sq ftPrice per sq ft
8 carsParking Spaces

Description

Corner Lot Property in a very quiet neighborhood. Located near the 60/91/215 FWY and 5 minutes from the center of Riverside. Triplex property that you can live in while renting out the other units. A great investment property! Main home is a three-bedroom, one-bath house, plus a Duplex (3363-3365 Park Ave), each unit is 2 bdrm/1bath. The main house is very nice and cozy with a fireplace, stairway, and upgraded kitchen. Spacious living room, dining room. The property also has a huge common yard space...Corner Lot Property in a very quiet neighborhood. Located near the 60/91/215 FWY and 5 minutes from the center of Riverside. Triplex property that you can live in while renting out the other units. A great investment property! Main home is a three-bedroom, one-bath house, plus a Duplex (3363-3365 Park Ave), each unit is 2 bdrm/1bath. The main house is very nice and cozy with a fireplace, stairway, and upgraded kitchen. Spacious living room, dining room. The property also has a huge common yard space for personal use or parking. Current rents are under market, so great potential for increased income and value. Property can be purchased individually or as a portfolio of properties in Riverside (8320 Mission Blvd, 2121 Down, 3382 Eucalyptus Ave). Sold in as-is present condition. Current rents: 3363 Park :1500.00, 3365 Park: 1455.00 2902 4th 1850.00 Total rent per month: 4805.00
Listing closed: 06/19/2023 12:00 AM • Source: CRMLS, MLS#: PW22243847
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Recent comparable sales

Median sold price

$770,000

Avg days on market

44

Sale-to-list ratio

98.6%

Riverside, CA

9 comparable properties found

an aerial view of a house
1

$795,000

Sold 10/24/24

7
Bedrooms
3
Bathrooms
2,668
Square Feet
0.24
Acres
$765,000 | 2972 Orange Street, Riverside, CA 92501
2

$765,000

Sold 05/05/25

6
Bedrooms
3
Bathrooms
2,233
Square Feet
0.16
Acres
$750,000 | 19427 Seeding Palace Circle, Riverside, CA 92507
3

$750,000

Sold 08/05/25

7
Bedrooms
2,881
Square Feet
0.16
Acres
$775,000 | 3309-3311 Brockton Avenue, Riverside, CA 92501
4

$775,000

Sold 09/24/26

3
Bedrooms
3
Bathrooms
2,466
Square Feet
0.2
Acres
$700,000 | 2626 5th Street, Riverside, CA 92507
5

$700,000

Sold 11/12/25

6
Bedrooms
2,437
Square Feet
0.22
Acres
$770,000 | 770 Libby Drive, Riverside, CA 92507
6

$770,000

Sold 06/05/26

6
Bedrooms
2,653
Square Feet
0.2
Acres
a front view of a house with a yard and potted plants
7

$795,000

Sold 07/16/26

6
Bedrooms
2,456
Square Feet
0.18
Acres
$1,125,000 | 2029 Patterson Street, Riverside, CA 92507
8

$1,125,000

Sold 07/30/25

7
Bedrooms
6
Bathrooms
2,961
Square Feet
0.3
Acres
front view of a house with a yard
9

$657,000

Sold 12/10/24

6
Bedrooms
2,653
Square Feet
0.21
Acres

Location

Listing Courtesy of RE/MAX College Park Realty, Joan Chase Swing, DRE #01736594; Keller Williams Pacific Estate, Gary Chen, DRE #01969000

Sold By Coleman Homes Real Estate, Jason Coleman, DRE #01980674

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30 year fixed, 7.03% Interest

Principal and Interest

$4,618

Property Taxes

$838

HOA Dues

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Property Information for 2909 4th Street

Property Details

  • MLS Type: Residential Income
  • View: Neighborhood
  • Parking Spaces Total: 8
  • Private Pool: No
  • Cooling Type: Central Air
  • Total Units: 3.0
  • Building Type: Detached
  • Lot Size Source: Appraiser
  • Living Area: 2968
  • Assessor Parcel Number: 211-021-012
  • Property Attached YN: false
  • Common Walls: No 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: 2968
  • Building Area Units: Square Feet
  • Stories Total: 2
  • Fireplace: Yes
  • Pool: No
  • Spa: No
  • View: Yes
  • View: Yes
  • Association: No
  • Association Fee: $.00
  • Zoning: R3
  • Senior Community: No
  • Parcel Number: 211021012
  • Area: Riverside (252)
  • Directions: Between 3rd St. and University Ave.

Building Information

  • Stories: 2
  • Year Built: 1902
  • Lot Size: 0.24 AC / 10,454 SF

Income / Expense / Tax Details

Income Details
  • Gross Income: $45,814
  • Gross Scheduled Income: $57,660
  • Net Operating Income: $45,814
  • Number Of Rented Garages: 0
  • Garage Income: $0
  • Laundry Income: $0
  • Cap Rate: 4.05
  • Financing: Conventional
Expense Details
  • Operating Expense: $11,847
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Block: 2
  • Tax Tract Number: 0
  • Tax Census Tract: 304.00
  • CFD/Mello-Roos Fee: $88
  • Tax Lot: 15

Community / Development

Community / Development
  • Community Features: Sidewalks, Street Lights

Property / Structure Info

Interior Features
  • Room Type: Family Room, Kitchen
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Inside
  • Fireplace Features: Dining Room
  • Fireplace Rooms: Dining
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
  • Spa Features: None
  • Spa Heat: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Carport, Driveway, Garage, Parking Space
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 2
  • Carport Spaces: 2
  • Parking Features: Carport, Driveway, Garage, Parking Space
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units

Unit Information

Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 4
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,850
  • Unit Type Total Rent: $1,850
  • Unit Type Pro Forma: 2500
  • 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: Yes
  • Unit Type Actual Rent: $1,500
  • Unit Type Total Rent: $1,500
  • Unit Type Pro Forma: 1750
  • Unit Type Type: 2
Unit 3
  • 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: Yes
  • Unit Type Actual Rent: $1,455
  • Unit Type Total Rent: $1,455
  • Unit Type Pro Forma: 1750
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 3
  • Unit Type Baths Total: 0
  • Unit Type Total Rent: $4,805
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 2909 4th Street

DateEvent & SourcePriceAppreciation
Jun 19, 2023

Sold

SDMLS #PW22243847

$865,000—
Jun 19, 2023

Sold

CLAW #PW22243847MR

$865,000—
Jun 19, 2023

Sold

CRMLS #PW22243847

$865,000—
DateEvent & SourcePrice
06/19/2023

Sold

SDMLS #PW22243847

$865,000
06/19/2023

Sold

CLAW #PW22243847MR

$865,000
06/19/2023

Sold

CRMLS #PW22243847

$865,000

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

Public records

2909 4th Street

Baths

3

Total Finished SqFt

2,320 SqFt

Above Grade Finished SqFt

2,320 SqFt

Stories

2

Lot Size

10,454 SqFt

Style

Triplex

Schools near 2909 4th 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
Public - 9 to 12
Rating
School
Distance
Longfellow Elementary School
PublicK to 6

University Heights Middle School
Public7 to 8

Polytechnic High School
Public9 to 12

Abraham Lincoln Continuation 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 2909 4th Street, Riverside, CA 92507
$865,000
7
3
2,968
10,454
$250,000
4
2
1,379
8,712
–
2
1
759
9,148
$197,500
1
504
2,614
$210,000
3
982
3,485
–
1
1
504
1,742

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 RE/MAX College Park Realty, Joan Chase Swing, DRE #01736594; Keller Williams Pacific Estate, Gary Chen, DRE #01969000

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.