3448 Fairmount Boulevard

Closed 10/1/20
Closed 10/1/20
Gallery Image 1
Sold
Last Sold Price
$440,000
3 beds3 baths1,344 sqft$327/sqft
3448 Fairmount Blvd, Riverside, CA 92501
Multi FamilyProperty Type
1,742 sq ftLot Size
1928Year Built
$327/sq ftPrice per sq ft

Description

Back on the market! Location, Location, Location! Spanish Style Charming Triplex , Great for Investor, First Time Buyer or Growing Family. Cash Flow property ! One unit is vacant and ready to move in or rent at market value. This Tri-Plex has major potential for short and long term rental. Three 1 Bedroom , 1 Bath with Community Laundry Room. Large 2 Car Garage . Located in close proximity to Schools,FOX Theater, Shops, UC Riverside, The Mission Inn Historic District, Vibrant Old Town Riverside,...Back on the market! Location, Location, Location! Spanish Style Charming Triplex , Great for Investor, First Time Buyer or Growing Family. Cash Flow property ! One unit is vacant and ready to move in or rent at market value. This Tri-Plex has major potential for short and long term rental. Three 1 Bedroom , 1 Bath with Community Laundry Room. Large 2 Car Garage . Located in close proximity to Schools,FOX Theater, Shops, UC Riverside, The Mission Inn Historic District, Vibrant Old Town Riverside, Riverside Municipal Auditorium, Restaurants, Bars, Cupcake Shops, Coffee Shops, The Food Lab, School of Arts, Parks, Public Transportation the 60 and 91 Freeways.
  • Listed by: Jesse Reyes DRE #01507176 Brokerage DRE #01927637 • Realty Masters & Associates
Listing closed: 10/01/2020 12:00 AM • Source: CRMLS, MLS#: TR20027171
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Location

Listing Courtesy of Realty Masters & Associates, Jesse Reyes, DRE #01507176

Sold By Berkshire Hathaway Home Srvcs, Eduardo Urrutia, DRE #01795184

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$2,686 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,236

Property Taxes

$450

HOA Dues

$0

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Property Information for 3448 Fairmount Boulevard

Property Details
  • MLS Type: Residential Income
  • County: Riverside County
  • Parking Spaces Total: 0
  • Private Pool: No
  • Total Units: 3.0
  • Building Type: Attached
  • Lot Size Source: Assessor
  • Living Area: 1344
  • Assessor Parcel Number: 213-103-013
  • 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: 1344
  • Building Area Units: Square Feet
  • Stories Total: 2
  • Pool: No
  • Zoning: Assessor
  • Senior Community: No
  • Parcel Number: 213103013
  • Area: Riverside (252)
  • Directions: Market St / 4th St
Building Information
  • Stories: 2
  • Year Built: 1928
  • Lot Size: 0.04 AC / 1,742 SF
Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas, Trash Collection
Income / Expense / Tax Details
Income Details
  • Gross Income: $29,844
  • Gross Scheduled Income: $29,844
  • Net Operating Income: $29,637
  • Laundry Income: $100
  • Financing: Conventional
Expense Details
  • Operating Expense: $2,070
  • New Taxes Expense: $6,250
  • Gardener Expense: $600
  • Electric Expense: $720
  • Insurance Expense: $500
  • Trash Expense: $0
  • Water Sewer Expense: $756
  • Total Expenses: $8,826
Tax / Assessment Info
  • Tax Block: 4
  • Tax Tract Number: 030300
  • Tax Census Tract: 303.00
  • Tax Lot: 8
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community
  • Laundry Equipment Own Lease: Own
  • Heating Type: None
  • Heating: None
  • Heat Equipment: N/K
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
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 Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 1200
  • 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: 0
  • Unit Type Actual Rent: $750
  • Unit Type Total Rent: $750
  • Unit Type Pro Forma: 1200
  • 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: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $770
  • Unit Type Total Rent: $770
  • Unit Type Pro Forma: 1200
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 3448 Fairmount Boulevard

DateEvent & SourcePriceAppreciation
Oct 1, 2020

Sold

CLAW #TR20027171MR

$440,000—
Oct 1, 2020

Sold

CRMLS #TR20027171

$440,000—
Oct 1, 2020

Sold

SDMLS #TR20027171

$440,000—
DateEvent & SourcePrice
10/01/2020

Sold

CLAW #TR20027171MR

$440,000
10/01/2020

Sold

CRMLS #TR20027171

$440,000
10/01/2020

Sold

SDMLS #TR20027171

$440,000

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

Public Records for 3448 Fairmount Boulevard

Taxable ValueLand$168,300Additions$392,700Total$561,000
Tax Record2025$5,398 ($450 / month)
Home Facts
Baths3Total Finished SqFt1,344 SqFtAbove Grade Finished SqFt1,344 SqFtStories2Lot Size1,742 SqFtStyleDuplexYear Built1928Year Renovated1928ZoningR3CountyRIVERSIDEAPN213-103-013

Schools near 3448 Fairmount Boulevard

This home is within Riverside Unified School District.
Rating
School
Type
Grades
Distance
Bryant Elementary School
Public - K to 6
Central Middle School
Public - 7 to 8
Polytechnic High School
Public - 9 to 12
Riverside Virtual School
Public - K to 12
Rating
School
Distance
Bryant Elementary School
PublicK to 6

Central Middle School
Public7 to 8

Polytechnic High School
Public9 to 12

Riverside Virtual School
PublicK 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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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 Realty Masters & Associates, Jesse Reyes, DRE #01507176

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.