Sold
Last Sold Price
4 beds4 baths4,100 sqft$91/sqft
2963 Elgin Dr, Riverside, CA 92507
Multi FamilyProperty Type
7,295 sq ftLot Size
1969Year Built
$91/sq ftPrice per sq ft
$394/moHOA Fees
6 carsParking Spaces

Description

Standard Sale Fourplex. 2 bedrooms 1.5 baths in each unit, two floors, all units rented, fenced courtyard for each unit, shared 4 car garage, pay for use laundry room, fireplace in each unit, easy to rent and maintain.Standard Sale Fourplex. 2 bedrooms 1.5 baths in each unit, two floors, all units rented, fenced courtyard for each unit, shared 4 car garage, pay for use laundry room, fireplace in each unit, easy to rent and maintain.
  • Listed by: MICHAEL GREEN DRE #1451611 • WSR REAL ESTATE
Listing closed: 05/10/2013 12:00 AM • Source: CRMLS, MLS#: IV13051271

Recent comparable sales

Median sold price

$1,295,000

Avg days on market

31

Sale-to-list ratio

1329.9%

Riverside, CA

9 comparable properties found

a view of a swimming pool with sitting area
1

$1,675,000

Sold 11/26/24

4
Bedrooms
3,597
Square Feet
2.09
Acres
a backyard of a house with lots of green space
2

$1,300,000

Sold 10/30/25

4
Bedrooms
3,526
Square Feet
1.15
Acres
a view of a house with a street
3

$800,000

Sold 11/06/24

4
Bedrooms
4
Bathrooms
1,980
Square Feet
0.23
Acres
an aerial view of a house with a swimming pool
4

$1,075,000

Sold 01/23/26

5
Bedrooms
4,312
Square Feet
0.82
Acres
a front view of a house with a yard
5

$1,295,000

Sold 04/04/25

4
Bedrooms
3,980
Square Feet
0.38
Acres
6

$275,000

Sold 11/01/24

Unavailable
Bedrooms
4
Bathrooms
560
Square Feet
0.18
Acres
an aerial view of a house with outdoor space
1/2
7

$1,200,000

Sold 02/17/26

4
Bedrooms
3,970
Square Feet
1.17
Acres
a view of a house with a garden
8

$1,300,000

Sold 04/16/26

4
Bedrooms
3,606
Square Feet
0.54
Acres
a view of a house with a patio
9

$462,000

Sold 01/30/26

4
Bedrooms
1,554
Square Feet
0.08
Acres

Location

Listing Courtesy of WSR REAL ESTATE, MICHAEL GREEN, DRE #1451611

Sold By WSR REAL ESTATE, MICHAEL GREEN, DRE #1451611

Add your commute

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$2,740 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,906

Property Taxes

$440

HOA Dues

$394

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 2963 Elgin Drive

Property Details
  • MLS Type: Residential Income
  • View: None
  • Parking Spaces Total: 6
  • Private Pool: Yes
  • Cooling Type: Wall/Window Unit(s)
  • Total Units: 4.0
  • Building Type: Attached
  • Lot Size Source: Estimated
  • Living Area: 4100
  • Assessor Parcel Number: 250-122-006
  • Property Attached YN: true
  • Common Walls: 2+ Common Walls
  • Building Area Total: 4100
  • Fireplace: Yes
  • Pool: Yes
  • View: No
  • View: No
  • Association: Yes
  • Association Fee: $394.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Parcel Number: 250122006
  • Area: Riverside (252)
Building Information
  • Stories: 2
  • Year Built: 1969
  • Lot Size: 0.17 AC / 7,295 SF
Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas, Water
  • Pets Allowed: Call For Rules
Income / Expense / Tax Details
Income Details
  • Gross Income: $35
  • Gross Scheduled Income: $43,000
  • Net Operating Income: $24,500
  • Financing: Conventional
Expense Details
  • Operating Expense: $18,500
  • New Taxes Expense: $4,280
  • Licenses Expense: $125
  • Pest Control Expense: $1,455
  • Electric Expense: $429
  • Insurance Expense: $1,200
  • Maintenance Percent: 10.00%
  • Professional Management Expense: $4,000
  • Trash Expense: $500
  • Water Sewer Expense: $1,500
Tax / Assessment Info
  • Tax Tract Number: 2602
  • Tax Lot: 16
Community / Development
Community / Development
  • Association Amenities: Pool, Trash
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs, Street Lights, Suburban
  • Complex Name: University Townhomes
  • Association Name: University Townhomes
Property / Structure Info
Interior Features
  • Appliances: Disposal, Gas Cooktop, Range Hood
  • Equipment: Community, Garbage Disposal, Hood Fan
  • Room Type: All Bedrooms Up
  • Laundry: Yes
  • Laundry Features: Community
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Central
  • Heating: Central
  • Flooring Type: Carpet
  • Flooring: Carpet
Exterior Features
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Roof: Asphalt
  • Fence: Wood
  • Fencing: Wood
  • View Description: None
  • Pool Features: Association, In Ground
  • Pool Description: Association Pool, In Ground
Land/Lot Info
  • Lot Features: Level, Landscaped, Lot 10000-19999 Sqft
  • Number Of Units: 4
  • Road Frontage Type: Alley
  • Levels: Two
  • Water: District
  • Sewer: In Street
  • Utilities: Sewer Available
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Unassigned
  • Open Other Spaces Total: 2
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Unassigned
Unit Information
Unit 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: Yes
  • Unit Type Actual Rent: $850
  • Unit Type Total Rent: $850
  • Unit Type Pro Forma: 850
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 3
  • 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: $900
  • Unit Type Total Rent: $900
  • Unit Type Pro Forma: 900
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number With Range: 4
  • Number With Carpet: 4
  • Number With Disposal: 4
  • Number Wall AC: 4

Property History for 2963 Elgin Drive

DateEvent & SourcePriceAppreciation
May 10, 2013

Sold

CLAW #IV13051271MR

$375,000
May 10, 2013

Sold

CRMLS #IV13051271

$375,000
Mar 27, 2013

Sold (Public Record)

Public Record #352610338

$375,000

+6.9% / yr

DateEvent & SourcePrice
05/10/2013

Sold

CLAW #IV13051271MR

$375,000
05/10/2013

Sold

CRMLS #IV13051271

$375,000
03/27/2013

Sold (Public Record)

Public Record #352610338

$375,000

+6.9% / yr

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

Public Records for 2963 Elgin Drive

Taxable ValueLand$94,194Additions$376,809Total$471,003
Tax Record2025$5,283 ($440 / month)
Home Facts
Total Finished SqFt4,200 SqFtAbove Grade Finished SqFt4,200 SqFtStories2Lot Size7,405 SqFtStyleMulti-Family Res (5+ Units)Year Built1965Year Renovated1965ZoningR3CountyRIVERSIDEAPN250-122-006

Schools near 2963 Elgin Drive

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
Highland 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.

Similar Homes

New listings in 92507

$565,000 | 20071 Cold Canyon Court, Riverside, CA 92507
1/34
New

$565,000

3
Bedrooms
1,797
Square Feet
0.02
Acres
$1,700,000 | 1152 Villa Street, Riverside, CA 92507
1/12

$1,700,000

12
Bedrooms
9
Bathrooms
6,208
Square Feet
0.43
Acres
$1,478,000 | 3112 1st Street, Riverside, CA 92507
1/48
Open: 9/12 11:00AM - 01:00AMNew

$1,478,000

Unavailable
Bedrooms
Unavailable
Bathrooms
3,600
Square Feet
0.67
Acres
$1,478,000 | 3112 1st Street, Riverside, CA 92507
1/64

$1,478,000

4
Bedrooms
4
Bathrooms
3,600
Square Feet
0.67
Acres
$1,360,000 | 1795 Prince Albert Drive, Riverside, CA 92507
1/16

$1,360,000

3
Bedrooms
1,663
Square Feet
2.73
Acres
$399,900 | 2961 11th Street, Riverside, CA 92507
1/9

$399,900

2
Bedrooms
700
Square Feet
0.2
Acres
$625,000 | 3986 Havenhurst Avenue, Riverside, CA 92507
1/32

$625,000

3
Bedrooms
1,547
Square Feet
0.18
Acres
$259,900 | 1327 Massachusetts Avenue, Unit 205, Riverside, CA 92507
1/27

$259,900

1
Bedrooms
640
Square Feet
$81,000 | 1560 Massachusetts Avenue, Unit 96, Riverside, CA 92507
1/13

$81,000

2
Bedrooms
Unavailable
Square Feet
3.48
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 2963 Elgin Drive, Riverside, CA 92507
$375,000
4
4
4,100
7,295
$450,000
2
4
4,100
9,491
$599,000
8
4
4,200
8,018
$1,080,000
8
8
4,000
10,454
$280,000
4,200
8,276
3
2
1,439
9,148

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 WSR REAL ESTATE, MICHAEL GREEN, DRE #1451611

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.