Sold
Last Sold Price
$222,500
2,370 sqft

3963 Locust St, Riverside, CA 92501

Multi FamilyProperty Type
0.15 acresLot Size
1940Year Built
$94/sq ftPrice per sq ft
4 carsParking Spaces

Description

Historical downtown Riverside colonial bungalow 4 plex on Tree lined Street. All Units are Large and all have Separate meters (1) 2 Car Garage. Mirror Image 4 plex is also for sale. Each listed for $229,000. Can buy Separate, however great opportunity to purchase 2 four plexes.Historical downtown Riverside colonial bungalow 4 plex on Tree lined Street. All Units are Large and all have Separate meters (1) 2 Car Garage. Mirror Image 4 plex is also for sale. Each listed for $229,000. Can buy Separate, however great opportunity to purchase 2 four plexes.
  • Listed by: Renee Whitman DRE #982721 • First Team Real Estate
Listing closed: 07/17/2009 12:00 AM • Source: CRMLS, MLS#: P689107
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Recent comparable sales

Median sold price

$270,000

Avg days on market

14

Sale-to-list ratio

93.5%

Riverside, CA

9 comparable properties found

a view of a city from a terrace
1

$270,000

Sold 04/07/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.17
Acres
$210,000 | 0 Clark Street, Riverside, CA 92501
2

$210,000

Sold 03/10/25

Unavailable
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Unavailable
Bathrooms
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Square Feet
0.3
Acres
a view of a city
3

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Sold 04/21/26

Unavailable
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Bathrooms
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Square Feet
0.18
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a view of a city
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Sold 04/21/26

Unavailable
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Unavailable
Bathrooms
Unavailable
Square Feet
0.19
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a view of a yard with trees
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Sold 12/19/24

Unavailable
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Unavailable
Bathrooms
Unavailable
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Sold 05/16/25

Unavailable
Bedrooms
Unavailable
Bathrooms
2,914
Square Feet
0.19
Acres
a view of outdoor space and yard
7

$140,000

Sold 05/28/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.22
Acres
a view of a lake view
8

$190,000

Sold 09/16/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.22
Acres
$270,000 | 0 Center Street, Riverside, CA 92501
9

$270,000

Sold 04/07/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.17
Acres

Location

Listing Courtesy of First Team Real Estate, Renee Whitman, DRE #982721

Sold By Re/Max Premier Realty, Sholeh Fardanesh, DRE #01264921

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Principal and Interest

$1,188

Property Taxes

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Property Information for 3963 Locust Street

Property Details

  • MLS Type: Residential Income
  • Architectural Style: Bungalow, Colonial
  • Parking Spaces Total: 4
  • Private Pool: No
  • Total Units: 4.0
  • Lot Size Source: Assessor
  • Living Area: 2370
  • Assessor Parcel Number: 214-301-010
  • Average Studio Area: 0
  • Average 1 Bed Area: 0
  • Average 2 Bed Area: 0
  • Average 3 Bed Area: 0
  • Building Area Total: 2370
  • Fireplace: No
  • Pool: No
  • Spa: No
  • View: No
  • View: No
  • Subdivision Name: OTHR
  • Subdivision Name Other: Other
  • Senior Community: No
  • Parcel Number: 214301010
  • Area: Riverside (252)
  • Directions: University West, Lt turn on Locust

Building Information

  • Stories: 1
  • Year Built: 1940
  • Lot Size: 0.15 AC / 6,477 SF

Rental Info

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

Income / Expense / Tax Details

Income Details
  • Gross Income: $2,275
  • Gross Scheduled Income: $27,300
  • Gross Spendable Income: $0
  • Gross Equity: $0
  • Vacancy Allowance: 0
  • Vacancy Allowance Rate: 3
  • Net Operating Income: $24,096
  • Number Of Rented Garages: 0
  • Gross Multiplier: 8.39
  • Cap Rate: 10.52
  • Sold Cap Rate: 10.83
  • Financing: Cash
Expense Details
  • Operating Expense: $3,204
  • Operating Expense Percent: .00%
  • New Taxes Expense: $2,300
  • Gardener Expense: $360
  • Cable TV Expense: $0
  • Licenses Expense: $120
  • Pest Control Expense: $0
  • Pool Expense: $0
  • Furniture Replacement Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,008
  • Maintenance Expense: $0
  • Maintenance Percent: .00%
  • Professional Management Expense: $0
  • Workmans Compensation Expense: $0
  • Other Expense: $1,743
  • Other Expense Description: 0
  • Trash Expense: $552
  • Water Sewer Expense: $540
  • Supplies Expense: $0
Tax / Assessment Info
  • Tax Area: 9000
  • Tax Rate: 0.0
  • Tax Year: 0
  • Tax Block: 9
  • Tax Tract: Other
  • Tax Tract Number: 0
  • Taxes Percent: .00%
  • Tax Lot: 4

Community / Development

Community / Development
  • Assessments YN: No
  • Investment Property: No

Property / Structure Info

Interior Features
  • Laundry: No
Exterior Features
  • Fence: No
Land/Lot Info
  • Number Of Units: 4
  • Improvements Amount: $.00
  • Improvements Percent: .00%
  • Land Lease Amount: $0
  • Land Value: $.00
  • Land Value Percent: .00%
  • Levels: One
  • Water: District
  • Sewer: Sewer Paid
  • Utilities: Sewer Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: No
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Code: Other
  • Building Name: 3963 Locust St
  • Personal Property Amount: $.00
  • Personal Property Percent: .00%

Unit Information

Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $600
  • Unit Type Total Rent: $600
  • Unit Type Pro Forma: 0
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $525
  • Unit Type Total Rent: $525
  • Unit Type Pro Forma: 0
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $600
  • Unit Type Total Rent: $600
  • Unit Type Pro Forma: 0
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $550
  • Unit Type Total Rent: $550
  • Unit Type Pro Forma: 0
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 0
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 0
  • Number With Range: 0
  • Number With Refrigerator: 4
  • Number With Carpet: 0
  • Number With Disposal: 0
  • Number With Drapes: 0
  • Number With Patio: 0
  • Number Wall AC: 0

Property History for 3963 Locust Street

DateEvent & SourcePriceAppreciation
Jul 17, 2009

Sold

CRMLS #CC223942

$222,500
—
Jul 17, 2009

Sold

CLAW #P689107MR

$222,500
—
Jul 17, 2009

Sold

CRMLS #P689107

$222,500
—
DateEvent & SourcePrice
07/17/2009

Sold

CRMLS #CC223942

$222,500
07/17/2009

Sold

CLAW #P689107MR

$222,500
07/17/2009

Sold

CRMLS #P689107

$222,500

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

Public Records for 3963 Locust Street

Taxable Value

Land

$85,569

Additions

$207,359
Total$292,928

Tax Record

2025

$3,401 ($283 / month)

Home Facts

Total Finished SqFt

2,268 SqFt

Above Grade Finished SqFt

2,268 SqFt

Stories

1

Lot Size

6,534 SqFt

Style

Quadraplex

Year Built

1776

Year Renovated

1776

Zoning

R1065

County

RIVERSIDE

APN

214-301-010

Schools near 3963 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.

Similar Homes

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 3963 Locust Street, Riverside, CA 92501
$222,500
–
–
2,370
6,477
–
3
2
1,622
6,970
$222,500
–
–
2,370
6,501
$630,000
2
1,033
6,534
$630,000
–
2
1,033
6,534
–
4
2
1,804
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 First Team Real Estate, Renee Whitman, DRE #982721

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.