3624 Locust St

Baths
3,500 Sq. Ft.
$287 / Sq. Ft.
3,500
Sq. Ft.
$287
per Sq. Ft.

Description

Amazing opportunity! This is a 5 plex in the desirable historical area of Riverside. This lot has 2 buildings and 2 meters. the front house is a 2 bedroom 1 bath, and 1 bedroom 1 bath with a den. The back unit is 3 i bedroom 1 bath units with a 3 car garage in the back. Hurry as this one will not last long.Amazing opportunity! This is a 5 plex in the desirable historical area of Riverside. This lot has 2 buildings and 2 meters. the front house is a 2 bedroom 1 bath, and 1 bedroom 1 bath with a den. The back unit is 3 i bedroom 1 bath units with a 3 car garage in the back. Hurry as this one will not last long.
  1. Listed by Jeff Davidson • DRE #01754672 • Brokerage DRE #01008773 • First Team Real Estate

Property Details for 3624 Locust Street

Parking Spaces Total
3
Private Pool
No
Cooling Type
None
Total Units
5.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
3500
Assessor Parcel Number
214-192-004
LISTING CLOSED: 08/22/2022 12:00 AM

Property Details for 3624 Locust Street

StatusClosed
MLS #IG22167768
Days on Market3
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1937
Lot Size0.20 AC / 8,712 SF
CountyRiverside County

Location

Listing Courtesy of First Team Real Estate, Jeff Davidson, DRE #01754672

Sold By Lyon Stahl Investment Real Estate, Ken Ishiki, DRE #01438720

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Building Information for 3624 Locust Street

Stories-Residences-Year Built1937Building Size-Lot Size0.20 AC / 8,712 SF

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$5,994 per month

30 year fixed, 6.36% Interest

Principal and Interest

$5,013

Property Taxes

$981

HOA Dues

$0

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Property Information for 3624 Locust Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $5,950
  • Gross Scheduled Income: $6,350
  • Net Operating Income: $200
  • Financing: Cash
Expense Details
  • Operating Expense: $200
  • Fuel Expense: $0
  • Electric Expense: $50
  • Insurance Expense: $150
  • Professional Management Expense: $0
  • Trash Expense: $50
  • Water Sewer Expense: $50
  • Total Expenses: $300
Tax / Assessment Info
  • Tax Block: 6
  • Tax Tract Number: 1
  • Tax Census Tract: 302.00
  • CFD/Mello-Roos Fee: $181
  • Tax Lot: 11
Community / Development
Community / Development
  • Community Features: Park
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Cooling: None
  • Heating Type: Central
  • Heating: Central
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 5
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 5
  • Unit Type Beds Total: 6
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 3
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $6,350
  • Unit Type Total Rent: $6,350
  • Unit Type Pro Forma: 0
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Property History for 3624 Locust Street

DateEvent & SourcePriceAppreciation
Aug 22, 2022

Sold

SDMLS #IG22167768

$1,006,000
Aug 22, 2022

Sold

CLAW #IG22167768MR

$1,006,000
Aug 22, 2022

Sold

CRMLS #IG22167768

$1,006,000
DateEvent & SourcePrice
08/22/2022

Sold

SDMLS #IG22167768

$1,006,000
08/22/2022

Sold

CLAW #IG22167768MR

$1,006,000
08/22/2022

Sold

CRMLS #IG22167768

$1,006,000

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

Public Records for 3624 Locust Street

Taxable ValueLand$223,686Additions$822,956Total$1,046,642
Tax Record2025$11,777 ($981 / month)
Home Facts
Total Finished SqFt1,838 SqFtAbove Grade Finished SqFt1,838 SqFtStories1Lot Size8,712 SqFtStyleMulti-Family Res (5+ Units)Year Built1930ZoningR106CountyRIVERSIDEAPN214-192-004

Schools near 3624 Locust 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
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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Listing Courtesy of First Team Real Estate, Jeff Davidson, DRE #01754672

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.