Sold
Last Sold Price
1 bed4 baths3,800 sqft$166/sqft
4437 University Ave, Riverside, CA 92501
Multi FamilyProperty Type
7,850 sq ftLot Size
1920Year Built
$166/sq ftPrice per sq ft
4 carsParking Spaces

Description

First time home buyers dream. Investors delight. This 4plex is on historic scenic route, in the heart of riverside, surrounded by eye catching historic buildings. Walk-able to down town Metro, Malls, Hospitals, Parks, the famous Mt Rubidoux. All units have very desirable floor plans with hardwood floors. Personal washer, dryer &Refrigerator in each unit, like in a condo. All units come with 1 car garage. This 4plex is what exactly you have been looking for located in the most desirable riverside...First time home buyers dream. Investors delight. This 4plex is on historic scenic route, in the heart of riverside, surrounded by eye catching historic buildings. Walk-able to down town Metro, Malls, Hospitals, Parks, the famous Mt Rubidoux. All units have very desirable floor plans with hardwood floors. Personal washer, dryer &Refrigerator in each unit, like in a condo. All units come with 1 car garage. This 4plex is what exactly you have been looking for located in the most desirable riverside residential area. Very large units, 950 sqft each. Very rare to find.
  • Listed by: Ray Kottapalli DRE #00978654 Brokerage DRE #00978654 • Ray Kottapalli
Listing closed: 12/15/2017 12:00 AM • Source: CRMLS, MLS#: PW17182204

Location

Listing Courtesy of Ray Kottapalli, Ray Kottapalli, DRE #00978654

Sold By RE/MAX TOP PRODUCERS, KEVIN GONZALEZ, DRE #01947721

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Property Information for 4437 University Avenue

Property Details
  • MLS Type: Residential Income
  • Parking Spaces Total: 4
  • Private Pool: No
  • Cooling Type: Wall/Window Unit(s)
  • Total Units: 4.0
  • Building Type: Attached
  • Lot Size Source: Assessor
  • Living Area: 3800
  • Assessor Parcel Number: 214-220-011
  • 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: 3800
  • Building Area Units: Square Feet
  • Stories Total: 2
  • Entry Level: 1
  • Fireplace: No
  • Pool: No
  • Association: No
  • Association Fee: $.00
  • Zoning: R3
  • Senior Community: No
  • Parcel Number: 214220011
  • Area: Riverside (252)
  • Directions: From 91 fwy, take exit and go north on University ave.
Building Information
  • Stories: 2
  • Year Built: 1920
  • Lot Size: 0.18 AC / 7,850 SF
Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas, Telephone
Income / Expense / Tax Details
Income Details
  • Gross Income: $50,400
  • Gross Scheduled Income: $52,800
  • Gross Operating Income: $50,400
  • Net Operating Income: $37,400
  • Financing: Cash To Existing Loan
Expense Details
  • Operating Expense: $13,000
  • New Taxes Expense: $7,150
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,000
  • Trash Expense: $2,000
  • Water Sewer Expense: $2,500
  • Total Expenses: $13,000
Tax / Assessment Info
  • Tax Block: 220
  • Tax Tract Number: 011
  • Tax Census Tract: 302.00
  • Tax Lot: 220
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Floor Furnace
  • Heating: Floor Furnace
  • Heat Equipment: Floor Furnace
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Front Yard, Garden, Lawn, Lot 6500-9999, Sprinklers In Front, Sprinklers In Rear
  • Direction Faces: West
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Meter on Property
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Garage - 1 Car
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Garage Faces Rear, Garage - Single Door
Unit Information
Unit 1
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $4,400
  • Unit Type Total Rent: $4,400
  • Unit Type Pro Forma: 4800
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 0
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Number With Disposal: 4
  • Number Wall AC: 4

Property History for 4437 University Avenue

DateEvent & SourcePriceAppreciation
Dec 15, 2017

Sold

SDMLS #PW17182204

$630,000
Dec 15, 2017

Sold

CRMLS #PW17182204

$630,000
Dec 15, 2017

Sold

CLAW #PW17182204MR

$630,000
DateEvent & SourcePrice
12/15/2017

Sold

SDMLS #PW17182204

$630,000
12/15/2017

Sold

CRMLS #PW17182204

$630,000
12/15/2017

Sold

CLAW #PW17182204MR

$630,000

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

Public Records for 4437 University Avenue

Taxable ValueLand$232,110Additions$485,386Total$717,496
Tax Record2025$7,968 ($664 / month)
Home Facts
Total Finished SqFt3,584 SqFtAbove Grade Finished SqFt3,584 SqFtStories2Lot Size7,841 SqFtStyleQuadraplexYear Built1925Year Renovated1925ZoningR3CountyRIVERSIDEAPN214-220-011

Schools near 4437 University 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 - 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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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 Ray Kottapalli, Ray Kottapalli, DRE #00978654

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.