Sold
Last Sold Price
3,400 sqft

3614 Russell St, Riverside, CA 92501

Multi FamilyProperty Type
1965Year Built
$109/sq ftPrice per sq ft
8 carsParking Spaces

Description

Newly remodled fourplex in well located area of Riverside. One block to 60 & 91 Freeways and close to downtown. New paint landscape and two interior units remodled with carpet and paint. 100 % occupied! Rents are significantly below market. Huge upside potential. All units have washer/dryer hook ups, large yards and individual garages with openers. This is a great investment opportunity that won't last!Newly remodled fourplex in well located area of Riverside. One block to 60 & 91 Freeways and close to downtown. New paint landscape and two interior units remodled with carpet and paint. 100 % occupied! Rents are significantly below market. Huge upside potential. All units have washer/dryer hook ups, large yards and individual garages with openers. This is a great investment opportunity that won't last!
  • Listed by: Doug Wetton DRE #01009432 • DW Investments
Listing closed: 02/08/2012 12:00 AM • Source: CRMLS, MLS#: U11005068
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Recent comparable sales

Median sold price

$400,000

Avg days on market

64

Sale-to-list ratio

79.8%

Riverside, CA

9 comparable properties found

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1

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Sold 06/11/26

Unavailable
Bedrooms
Unavailable
Bathrooms
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Square Feet
0.11
Acres
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Sold 10/27/25

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Sold 04/07/25

Unavailable
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a view of a city
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Sold 04/21/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
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Sold 05/16/25

Unavailable
Bedrooms
Unavailable
Bathrooms
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Acres
$270,000 | 0 Center Street, Riverside, CA 92501
9

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Sold 04/07/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.17
Acres

Location

Listing Courtesy of DW Investments, Doug Wetton, DRE #01009432

Sold By Trinity Real Estate Group, In, Ryan Alarcon, DRE #01881307

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Principal and Interest

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Property Taxes

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Property Information for 3614 Russell Street

Property Details

  • MLS Type: Residential Income
  • Architectural Style: Bungalow
  • Parking Spaces Total: 8
  • Private Pool: No
  • Total Units: 4.0
  • Living Area: 3400
  • Assessor Parcel Number: 209-115-010
  • Average 2 Bed Area: 800
  • Average 3 Bed Area: 1000
  • Building Area Total: 3400
  • Fireplace: No
  • Pool: No
  • Spa: No
  • View: No
  • View: No
  • Senior Community: No
  • Parcel Number: 209115010
  • Area: Riverside (252)
  • Directions: 60 freeway west to Orange street left to Russell. On the corner SWC of Russell and Orange.

Building Information

  • Year Built: 1965

Rental Info

Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas

Income / Expense / Tax Details

Income Details
  • Gross Income: $3,400
  • Gross Scheduled Income: $46,800
  • Net Operating Income: $30,420
  • Gross Multiplier: 8.33
  • Cap Rate: 7.8
  • Financing: Conventional
Expense Details
  • Operating Expense: $16,380
  • New Taxes Expense: $43,874
  • Gardener Expense: $1,680
  • Cable TV Expense: $0
  • Licenses Expense: $180
  • Pest Control Expense: $600
  • Furniture Replacement Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,500
  • Maintenance Expense: $1,500
  • Professional Management Expense: $0
  • Workmans Compensation Expense: $0
  • Other Expense: $0
  • Other Expense Description: 0
  • Trash Expense: $1,800
  • Water Sewer Expense: $2,400
  • Supplies Expense: $500
Tax / Assessment Info
  • Tax Tract Number: 115
  • Tax Lot: 209

Community / Development

Community / Development
  • Assessments YN: No

Property / Structure Info

Interior Features
  • Appliances: Gas Water Heater
  • Water Heater Features: Gas
  • Laundry: No
  • Heating Type: Natural Gas, Wall Furnace
  • Heating: Natural Gas, Wall Furnace
  • Flooring Type: Carpet
  • Flooring: Carpet
Exterior Features
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Roof: Composition, Shingle
Land/Lot Info
  • Number Of Units: 4
Parking Info
  • Garage Spaces: 4
  • Parking: No
  • Parking Garage Spaces: 4
  • Carport Spaces: 0

Unit Information

Unit Information
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number With Carpet: 4
  • Number With Disposal: 4
  • Number With Drapes: 4
  • Number With Patio: 4
  • Number Wall AC: 4

Property History for 3614 Russell Street

DateEvent & SourcePriceAppreciation
Feb 8, 2012

Sold (Public Record)

Public Record #324125982

$368,500

-6.3% / yr

Feb 8, 2012

Sold

CRMLS #U11005068

$370,000—
Feb 8, 2012

Sold

CLAW #U11005068MR

$370,000—
DateEvent & SourcePrice
02/08/2012

Sold (Public Record)

Public Record #324125982

$368,500

-6.3% / yr

02/08/2012

Sold

CRMLS #U11005068

$370,000
02/08/2012

Sold

CLAW #U11005068MR

$370,000

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

Public records

3614 Russell Street

Total Finished SqFt

3,295 SqFt

Above Grade Finished SqFt

3,295 SqFt

Stories

1

Lot Size

20,038 SqFt

Style

Quadraplex

Year Built

1954

Schools near 3614 Russell 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 - K to 12
Rating
School
Distance
Fremont 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 3614 Russell Street, Riverside, CA 92501
$370,000
–
–
3,400
–
–
3
1
984
9,583
–
4
2
1,905
7,405
–
2
1
980
9,148
$240,000
3
1
1,124
8,712
–
2
1
1,124
8,276

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 DW Investments, Doug Wetton, DRE #01009432

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.