Sold
Last Sold Price

3851 Cedar St, Riverside, CA 92501

Multi FamilyProperty Type
0.47 acresLot Size
1967Year Built
19 carsParking Spaces

Description

The subject property consists of 19-units and is situated on .47 acres. There are two building, each two story made of wood frame and stucco. There is a center courtyard with an attractive gated pool in the middle. Located on a quiet residential neighborhood, the Cedar Arms Apartments offer six-studios, seven one-bedroom/one-bathroom units, five two-bedroom/one bathroom units, and one two-bedroom/one-and- a- half bathroom unit. It is in close proximity to the 91, 60, and 215 freeways, all of which...The subject property consists of 19-units and is situated on .47 acres. There are two building, each two story made of wood frame and stucco. There is a center courtyard with an attractive gated pool in the middle. Located on a quiet residential neighborhood, the Cedar Arms Apartments offer six-studios, seven one-bedroom/one-bathroom units, five two-bedroom/one bathroom units, and one two-bedroom/one-and- a- half bathroom unit. It is in close proximity to the 91, 60, and 215 freeways, all of which are major arteries in Southern California.
  • Listed by: DOUGLAS MCCAULEY DRE #01155706 • MARCUS & MILLICHAP
Listing closed: 11/24/2009 12:00 AM • Source: CRMLS, MLS#: C09093165
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Recent comparable sales

Median sold price

$270,000

Avg days on market

21

Sale-to-list ratio

97.4%

Riverside, CA

9 comparable properties found

1

$1,139,500

Sold 09/17/25

Unavailable
Bedrooms
Unavailable
Bathrooms
3,016
Square Feet
0.15
Acres
a house view with a garden space
2

$970,000

Sold 08/07/26

Unavailable
Bedrooms
Unavailable
Bathrooms
7,100
Square Feet
0.21
Acres
a car parked in front of a white house
3

$990,000

Sold 06/26/26

Unavailable
Bedrooms
Unavailable
Bathrooms
10,500
Square Feet
0.24
Acres
4

$1,000,000

Sold 05/16/25

Unavailable
Bedrooms
Unavailable
Bathrooms
2,914
Square Feet
0.19
Acres
5

$1,875,000

Sold 08/24/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.9
Acres
a view of a yard with trees
6

$150,000

Sold 12/19/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.11
Acres
a view of a backyard of a house
7

$100,000

Sold 11/07/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.54
Acres
a view of a city from a terrace
8

$270,000

Sold 04/07/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.17
Acres
$10,000 | 0 Beacon Way, Riverside, CA 92501
9

$10,000

Sold 04/24/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.18
Acres

Location

Listing Courtesy of MARCUS & MILLICHAP, DOUGLAS MCCAULEY, DRE #01155706

Sold By MARCUS & MILLICHAP, DOUGLAS MCCAULEY, DRE #01155706

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Property Information for 3851 Cedar Street

Property Details

  • MLS Type: Residential Income
  • Parking Spaces Total: 19
  • Total Units: 19.0
  • Lot Size Source: Assessor
  • Assessor Parcel Number: 214-282-011
  • Subdivision Name: OTHR
  • Subdivision Name Other: OTHR
  • Parcel Number: 214282011
  • Area: Not Defined (699)

Building Information

  • Year Built: 1967
  • Lot Size: 0.47 AC / 20,572 SF

Income / Expense / Tax Details

Income Details
  • Gross Income: $176,282
  • Gross Scheduled Income: $175,500
  • Net Operating Income: $98,648
  • Gross Multiplier: 7.98
  • Cap Rate: 7.0
Expense Details
  • Operating Expense: $66,730
  • Operating Expense Percent: 41.00%
Tax / Assessment Info
  • Tax Year: 2008
  • Tax Tract Number: 000
  • Tax Lot: 13

Property / Structure Info

Land/Lot Info
  • Number Of Units: 19
Parking Info
  • Garage Spaces: 19
  • Parking Garage Spaces: 19
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Code: OTHR

Unit Information

Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 19
  • Number Of Separate Gas Meters: 19
  • Number Of Separate Water Meters: 19

Property History for 3851 Cedar Street

DateEvent & SourcePriceAppreciation
Nov 24, 2009

Sold

CRMLS #C09093165

$1,400,000—
Nov 24, 2009

Sold

CLAW #C09093165MR

$1,400,000—
Nov 20, 2009

Pending

CRMLS #C09093165

—
DateEvent & SourcePrice
11/24/2009

Sold

CRMLS #C09093165

$1,400,000
11/24/2009

Sold

CLAW #C09093165MR

$1,400,000
11/20/2009

Pending

CRMLS #C09093165

—

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

Public records

3851 Cedar Street

Total Finished SqFt

12,820 SqFt

Above Grade Finished SqFt

12,820 SqFt

Stories

2

Lot Size

20,473 SqFt

Style

Multi-Family Res (5+ Units)

Year Built

1959

Schools near 3851 Cedar 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 3851 Cedar Street, Riverside, CA 92501
$1,400,000
–
–
–
20,572
–
2
1
679
5,663
$375,000
–
–
13,232
16,988
–
–
–
4,344
6,534
$900,000
–
–
2,338
8,276
$265,000
2
929
6,098

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 MARCUS & MILLICHAP, DOUGLAS MCCAULEY, DRE #01155706

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.