Sold
Last Sold Price
4 beds4 baths2,400 sqft$204/sqft
3553 Park Ave, Riverside, CA 92507
Multi FamilyProperty Type
3,900 sq ftLot Size
1956Year Built
$204/sq ftPrice per sq ft
44 carsParking Spaces

Description

Four unit income property in the downtown Riverside area. Each unit offers a desirable floor plan with 1 bedrooms, 1 bath and washer/dryer hook up in each unit, tile flooring throughout, separate meters. Three of the four units have been renovated within the last 18 months. Close to UCR and gentrified downtown Mission Inn area.Four unit income property in the downtown Riverside area. Each unit offers a desirable floor plan with 1 bedrooms, 1 bath and washer/dryer hook up in each unit, tile flooring throughout, separate meters. Three of the four units have been renovated within the last 18 months. Close to UCR and gentrified downtown Mission Inn area.
  • Listed by: ESTELA ABED DRE #01924511 Brokerage DRE #01924511 • Draxwell Realty
Listing closed: 07/27/2018 12:00 AM • Source: CRMLS, MLS#: CV18100558

Recent comparable sales

Median sold price

$635,000

Avg days on market

72

Sale-to-list ratio

92.1%

Riverside, CA

9 comparable properties found

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Location

Listing Courtesy of Draxwell Realty, ESTELA ABED, DRE #01924511

Sold By Draxwell Realty, ESTELA ABED, DRE #01924511

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Property Information for 3553 Park Avenue

Property Details
  • MLS Type: Residential Income
  • Parking Spaces Total: 44
  • Private Pool: No
  • Cooling Type: Wall/Window Unit(s)
  • Total Units: 4.0
  • Building Type: Attached
  • Lot Size Source: Assessor
  • Living Area: 2400
  • Assessor Parcel Number: 211-071-014
  • Property Attached YN: true
  • Common Walls: 1 Common Wall
  • New Construction: No
  • Average Studio Area Units: Square Feet
  • Average 1 Bed Area: 700
  • Average 1 Bed Area Units: Square Feet
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Building Area Total: 2400
  • Building Area Units: Square Feet
  • Pool: No
  • Association: No
  • Association Fee: $.00
  • Zoning: R-3
  • Senior Community: No
  • Parcel Number: 211071014
  • Area: Riverside (252)
  • Directions: Between 5th St and 6th St.
Building Information
  • Stories: 2
  • Year Built: 1956
  • Lot Size: 0.09 AC / 3,900 SF
Income / Expense / Tax Details
Income Details
  • Gross Income: $46,800
  • Gross Scheduled Income: $46,800
  • Net Operating Income: $35,432
  • Financing: Conventional
Expense Details
  • Operating Expense: $11,368
  • New Taxes Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,300
  • Trash Expense: $600
  • Water Sewer Expense: $1,056
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 304.00
  • Tax Census Tract: 304.00
  • Tax Lot: 15
Community / Development
Community / Development
  • Community Features: Sidewalks, Suburban
Property / Structure Info
Interior Features
  • Appliances: Gas Oven, Gas Range
  • Equipment: Gas Or Electric Dryer Hookup, Inside
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Inside, Washer Hookup
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Forced Air
  • Heating: Forced Air
  • Heat Equipment: Forced Air Unit
  • Flooring Type: Tile
  • Flooring: Tile
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Meter on Property
  • 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: 4
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $875
  • Unit Type Total Rent: $875
  • Unit Type Pro Forma: 975
  • Unit Type Type: 1
Unit 2
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $875
  • Unit Type Total Rent: $875
  • Unit Type Pro Forma: 975
  • Unit Type Type: 2
Unit 3
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $775
  • Unit Type Total Rent: $775
  • Unit Type Pro Forma: 975
  • Unit Type Type: 3
Unit 4
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $775
  • Unit Type Total Rent: $775
  • Unit Type Pro Forma: 975
  • Unit Type Type: 4
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: 1

Property History for 3553 Park Avenue

DateEvent & SourcePriceAppreciation
Jul 27, 2018

Sold

SDMLS #CV18100558

$490,000
Jul 27, 2018

Sold

CRMLS #CV18100558

$490,000
Jul 27, 2018

Sold

CLAW #CV18100558MR

$490,000
DateEvent & SourcePrice
07/27/2018

Sold

SDMLS #CV18100558

$490,000
07/27/2018

Sold

CRMLS #CV18100558

$490,000
07/27/2018

Sold

CLAW #CV18100558MR

$490,000

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

Public Records for 3553 Park Avenue

Taxable ValueLand$96,712Additions$460,817Total$557,529
Tax Record2025$6,221 ($518 / month)
Home Facts
Total Finished SqFt2,480 SqFtAbove Grade Finished SqFt2,480 SqFtStories2Lot Size4,356 SqFtStyleQuadraplexYear Built1938Year Renovated1938ZoningR3CountyRIVERSIDEAPN211-071-014

Schools near 3553 Park Avenue

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: 3553 Park Avenue, Riverside, CA 92507
$490,000
4
4
2,400
3,900
$119,500
2
850
2,614
9,583
$255,000
2
688
4,792
5
2.5
1,114
10,454
3
1
876
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 Draxwell Realty, ESTELA ABED, DRE #01924511

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.