3900 5th St

22
Baths
15,000 Sq. Ft.
$237 / Sq. Ft.
15,000
Sq. Ft.
$237
per Sq. Ft.

Description

Great opportunity to own and improve a 22 unit apartment building in the heart of down town Riverside! The original building consists of 2 small studios, 18 large studios that have a dining room nook and 2 large one bedroom units. Located just one block away from Riverside Food Lab and walking distance to all the down town attractions. Built around 1941 according to permits and located in a historic district. Owner pays all utilities, it does not have separate or sub meters. Location Location Location!Great opportunity to own and improve a 22 unit apartment building in the heart of down town Riverside! The original building consists of 2 small studios, 18 large studios that have a dining room nook and 2 large one bedroom units. Located just one block away from Riverside Food Lab and walking distance to all the down town attractions. Built around 1941 according to permits and located in a historic district. Owner pays all utilities, it does not have separate or sub meters. Location Location Location!
  1. Listed by MISTY BOEHMER • DRE #01311494 • Brokerage DRE #01876073 • RIVERSIDE REAL ESTATE PROS

Property Details for 3900 5th Street

Parking Spaces Total
0
Private Pool
No
Cooling Type
None
Total Units
22.0
Building Type
Attached
Lot Size Source
Estimated
Living Area
15000
Assessor Parcel Number
214-202-006
LISTING CLOSED: 09/30/2022 12:00 AM

Property Details for 3900 5th Street

StatusClosed
MLS #IV22101214
Days on Market59
Pet Policy-
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Res Income 2-4 Units
Year Built1941
CountyRiverside County

Location

Listing Courtesy of RIVERSIDE REAL ESTATE PROS, MISTY BOEHMER, DRE #01311494

Sold By RIVERSIDE REAL ESTATE PROS, MISTY BOEHMER, DRE #01311494

Add your commute

Building Information for 3900 5th Street

Building/Complex3900 5th StFloor-Stories2Residences-Pet Policy-Pet Policy Details-Year Built1941Building Size-

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$21,059 per month

30 year fixed, 6.36% Interest

Principal and Interest

$17,690

Property Taxes

$3,369

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 3900 5th Street

Rental Info
Rental Info
  • Tenant Pays: None
Income / Expense / Tax Details
Income Details
  • Gross Income: $189,720
  • Gross Scheduled Income: $249,720
  • Net Operating Income: $189,720
  • Financing: Cash
Expense Details
  • Operating Expense: $60,000
  • Fuel Expense: $500
  • Electric Expense: $2,000
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $1,000
  • Water Sewer Expense: $2,000
  • Total Expenses: $5,000
Tax / Assessment Info
  • Tax Block: 5
  • Tax Tract Number: 1
  • Tax Census Tract: 303.00
  • CFD/Mello-Roos Fee: $756
  • Tax Lot: 1
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: See Remarks
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Wall Furnace
  • Heating: Wall Furnace
Exterior Features
  • Roof: Flat
  • Property Condition: Fixer
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Lot Features: Corner Lot
  • Number Of Units: 22
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Other
  • Electric: Electricity - On Property
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: No
  • Parking Garage: On street
  • Uncovered Spaces: 0
  • Open Other Spaces Total: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Street
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 19
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $17,810
  • Unit Type Total Rent: $17,810
  • Unit Type Pro Forma: 0
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $3,000
  • Unit Type Total Rent: $3,000
  • Unit Type Pro Forma: 0
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 0
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 0

Property History for 3900 5th Street

DateEvent & SourcePriceAppreciation
Sep 30, 2022

Sold

SDMLS #IV22101214

$3,550,000
Sep 30, 2022

Sold

CRMLS #IV22101214

$3,550,000
Sep 30, 2022

Sold

CLAW #IV22101214MR

$3,550,000
DateEvent & SourcePrice
09/30/2022

Sold

SDMLS #IV22101214

$3,550,000
09/30/2022

Sold

CRMLS #IV22101214

$3,550,000
09/30/2022

Sold

CLAW #IV22101214MR

$3,550,000

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

Public Records for 3900 5th Street

Taxable ValueLand$208,080Additions$3,485,340Total$3,693,420
Tax Record2024$40,432 ($3,369 / month)
Home Facts
Total Finished SqFt14,028 SqFtAbove Grade Finished SqFt14,028 SqFtStories2Lot Size7,841 SqFtStyleMulti-Family Res (5+ Units)Year Built1941Year Renovated1941ZoningR3CountyRIVERSIDEAPN214-202-006

Schools near 3900 5th 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.

Similar Homes

Nearby off-market homes

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 RIVERSIDE REAL ESTATE PROS, MISTY BOEHMER, DRE #01311494

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.