Sold
Last Sold Price
4 beds2 baths

3950-3952 Everest Ave, Riverside, CA 92503

Multi FamilyProperty Type
0.18 acresLot Size
1943Year Built
2 carsParking Spaces

Description

Attention investors and portfolio builders! This is a huge opportunity to own an income property with big upside potential. This classic California bungalow has two units front unit 3950 back unit 3952 Everest ave, both are a 2 bedroom 1 bath with generously sized living rooms, and kitchens that features breakfast nook areas. The detached garage and big back yard have huge potential for an expansion and the long driveway offers a chance to fit multiple cars to accommodate the tenants. this is your...Attention investors and portfolio builders! This is a huge opportunity to own an income property with big upside potential. This classic California bungalow has two units front unit 3950 back unit 3952 Everest ave, both are a 2 bedroom 1 bath with generously sized living rooms, and kitchens that features breakfast nook areas. The detached garage and big back yard have huge potential for an expansion and the long driveway offers a chance to fit multiple cars to accommodate the tenants. this is your chance to add a jewel to your portfolio that has a chance to grow. Call today for more information
  • Listed by: Jenny Segovia DRE #01331605 Brokerage DRE #01993359 • Segovia Real Estate Group 818-378-9022
Listing closed: 01/23/2024 12:00 AM • Source: CRMLS, MLS#: SR23218975
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Recent comparable sales

Median sold price

$640,000

Avg days on market

61

Sale-to-list ratio

95.3%

Riverside, CA

9 comparable properties found

a front view of a house with a yard
1

$612,000

Sold 12/17/25

4
Bedrooms
2
Bathrooms
1,700
Square Feet
0.18
Acres
$615,000 | 4147 Harrison Street, Riverside, CA 92503
2

$615,000

Sold 10/03/25

4
Bedrooms
2
Bathrooms
1,722
Square Feet
0.18
Acres
a view of a patio with swimming pool
3

$600,000

Sold 09/26/25

4
Bedrooms
2
Bathrooms
1,546
Square Feet
0.24
Acres
a backyard of a house with table and chairs
4

$640,000

Sold 06/01/26

4
Bedrooms
2
Bathrooms
1,960
Square Feet
0.25
Acres
a front view of a house with garden
5

$656,500

Sold 07/24/26

4
Bedrooms
2
Bathrooms
1,768
Square Feet
0.16
Acres
$530,000 | 5875 Challen Avenue, Riverside, CA 92503
6

$530,000

Sold 07/11/25

4
Bedrooms
2
Bathrooms
1,536
Square Feet
0.18
Acres
$710,000 | 4162 Mcarthur Road, Riverside, CA 92503
7

$710,000

Sold 10/17/25

4
Bedrooms
2
Bathrooms
1,925
Square Feet
0.18
Acres
a front view of a house with a yard and garage
8

$655,000

Sold 06/16/26

4
Bedrooms
2
Bathrooms
1,812
Square Feet
0.25
Acres
$650,000 | 7460 Potomac Street, Riverside, CA 92504
9

$650,000

Sold 10/09/25

4
Bedrooms
2
Bathrooms
1,647
Square Feet
0.18
Acres

Location

Listing Courtesy of Segovia Real Estate Group, Jenny Segovia, DRE #01331605

Sold By Jason Mitchell R. E. Calif, Noosheen Detches, DRE #01961290

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Property Information for 3950-3952 Everest Avenue

Property Details

  • MLS Type: Residential Income
  • Architectural Style: Bungalow
  • View: None
  • Parking Spaces Total: 2
  • Private Pool: No
  • Cooling Type: None
  • Total Units: 2.0
  • Building Type: Attached
  • Lot Size Source: Assessor
  • Living Area: 0
  • Assessor Parcel Number: 191-321-007
  • Property Attached YN: true
  • Common Walls: 2+ Common Walls
  • New Construction: No
  • Average Studio Area Units: Square Feet
  • Average 1 Bed Area Units: Square Feet
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Building Area Total: 0
  • Building Area Units: Square Feet
  • Stories Total: 1
  • Entry Level: 1
  • Fireplace: No
  • Pool: No
  • Spa: No
  • View: No
  • View: No
  • Association: No
  • Association Fee: $.00
  • Zoning: R2
  • Senior Community: No
  • Parcel Number: 191321007
  • Area: Riverside (252)
  • Directions: Head south on Van Buren Blvd, turn left onto Garfield st, turn right onto Everest ave, destination is on the right.

Building Information

  • Stories: 1
  • Year Built: 1943
  • Lot Size: 0.18 AC / 7,841 SF

Rental Info

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

Income / Expense / Tax Details

Income Details
  • Gross Income: $25,200
  • Gross Scheduled Income: $25,200
  • Net Operating Income: $1,680
  • Financing: Conventional
Expense Details
  • Operating Expense: $1,680
  • New Taxes Expense: $6,289
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,200
  • Trash Expense: $0
  • Water Sewer Expense: $480
  • Total Expenses: $1,980
Tax / Assessment Info
  • Tax Tract Number: 316.02
  • Tax Census Tract: 316.02
  • CFD/Mello-Roos Fee: $65
  • Tax Lot: 21

Community / Development

Community / Development
  • Community Features: Sidewalks

Property / Structure Info

Interior Features
  • Appliances: Gas Range
  • Equipment: Outside
  • Room Type: Kitchen, Living Room
  • Laundry: Yes
  • Laundry Features: Outside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Central
  • Heating: Central
Exterior Features
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Roof: Shingle
  • Entry Location: Front
  • Fence: Yes
  • Fence: Chain Link
  • Fencing: Chain Link
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
  • Spa Features: None
  • Spa Heat: N/K
Land/Lot Info
  • Lot Features: Back Yard, Front Yard
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units

Unit Information

Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,000
  • Unit Type Total Rent: $1,000
  • Unit Type Pro Forma: 2285
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,100
  • Unit Type Total Rent: $1,100
  • Unit Type Pro Forma: 2285
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 0
  • Number With Range: 2
  • Number With Refrigerator: 2

Property History for 3950-3952 Everest Avenue

DateEvent & SourcePriceAppreciation
Jan 23, 2024

Sold

SDMLS #SR23218975

$560,000—
Jan 23, 2024

Sold

CRMLS #SR23218975

$560,000—
Jan 23, 2024

Sold

CLAW #SR23218975MR

$560,000—
DateEvent & SourcePrice
01/23/2024

Sold

SDMLS #SR23218975

$560,000
01/23/2024

Sold

CRMLS #SR23218975

$560,000
01/23/2024

Sold

CLAW #SR23218975MR

$560,000

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

Schools near 3950-3952 Everest 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 - 12
Rating
School
Distance
Monroe Elementary School
PublicK to 6

Chemawa Middle School
Public7 to 8

Arlington High 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: 3950-3952 Everest Avenue, Riverside, CA 92503
$560,000
4
2
–
7,841
$280,000
4
2
1,324
7,841
–
2
2
1,206
6,534
–
4
2
1,324
6,098
$299,000
2
961
6,970
–
2
2
1,206
6,970

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 Segovia Real Estate Group, Jenny Segovia, DRE #01331605

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.