4858 Palo Verde Lane

Closed 9/3/21
Closed 9/3/21
Gallery Image 1
Sold
Last Sold Price
$725,000
5 beds4 baths2,578 sqft$281/sqft
4858 Palo Verde Ln, Riverside, CA 92501
TownhouseProperty Type
0.43 acresLot Size
1938Year Built
$281/sq ftPrice per sq ft
2 carsParking Spaces

Description

First time on the market! This truly unique triplex is a hidden gem! You get the sense of getting away from the hustle and bustle of the city, while being only minutes away from schools, shopping, hospitals and just steps away from Ryan Bonaminio Park, Santa Ana riding trails and hiking Mount Rubidoux. 3 separate units settled in a quiet, calm and charming setting. All three units are completely separate and connected by brick pathways with little nooks and welcoming areas to relax along the way....First time on the market! This truly unique triplex is a hidden gem! You get the sense of getting away from the hustle and bustle of the city, while being only minutes away from schools, shopping, hospitals and just steps away from Ryan Bonaminio Park, Santa Ana riding trails and hiking Mount Rubidoux. 3 separate units settled in a quiet, calm and charming setting. All three units are completely separate and connected by brick pathways with little nooks and welcoming areas to relax along the way. Unit 1 is a 2 bedroom, 1 bath, with wall A/C. The second unit is a studio, with plenty of room to convert to a 1 bedroom and also has a wall A/C. The third and final unit is a 2 bedroom, 1.5 bath, two story unit with wood floors and an upper level featuring a recently updated downstairs bath and an upstairs bathroom that has had the sink, countertop, bathtub and walls glazed. This unit has central air and heat. All 3 units have new plumbing, tankless water heaters, exterior paint and clear section 1 termite. The possibilities are limitless! Also in Residential MLS#IV21067226
  • Listed by: LAURA FOLSOM DRE #01823359 Brokerage DRE #00909354 • WESTCOE REALTORS INC
Listing closed: 09/03/2021 12:00 AM • Source: CRMLS, MLS#: IV21060766
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of WESTCOE REALTORS INC, LAURA FOLSOM, DRE #01823359

Sold By Apartment Investing Realty, IVES LOPEZ, DRE #01232368

Add your commute

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$4,402 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,685

Property Taxes

$717

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 4858 Palo Verde Lane

Property Details
  • MLS Type: Residential Income
  • County: Riverside County
  • View: Mountain(s), River
  • Parking Spaces Total: 2
  • Private Pool: No
  • Cooling Type: Central Air, Wall/Window Unit(s)
  • Total Units: 3.0
  • Building Type: Detached
  • Lot Size Source: Assessor
  • Living Area: 2578
  • Assessor Parcel Number: 187-070-018
  • Property Attached YN: false
  • Common Walls: No Common Walls
  • New Construction: No
  • Average Studio Area: 624
  • Average Studio Area Units: Square Feet
  • Average 1 Bed Area: 723
  • Average 1 Bed Area Units: Square Feet
  • Average 2 Bed Area: 1231
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Building Area Total: 2578
  • Building Area Units: Square Feet
  • Stories Total: 1
  • Fireplace: Yes
  • Pool: No
  • Spa: No
  • View: Yes
  • View: Yes
  • Parking for RV: Potential Space
  • Association: No
  • Association Fee: $.00
  • Zoning: R1065
  • Senior Community: No
  • Parcel Number: 187070018
  • Area: Riverside (252)
  • High School: Polytechnic
  • High School District: Riverside Unified
  • Directions: Tequesquite/Gregory/Palo Verde
Building Information
  • Stories: 1
  • Year Built: 1938
  • Lot Size: 0.43 AC / 18,731 SF
Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $3,900
  • Net Operating Income: $0
  • Financing: Conventional
Expense Details
  • Operating Expense: $0
  • New Taxes Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 0
  • Tax Census Tract: 302.00
  • Tax Lot: 304
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Special Assessments
  • Community Features: Biking, Hiking, Mountainous
Property / Structure Info
Interior Features
  • Appliances: Gas Oven, Gas Cooktop, Tankless Water Heater
  • Equipment: Gas Dryer Hookup
  • Interior Features: Balcony, Laminate Counters
  • Room Type: Kitchen
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 3
  • Room Bathroom Features: Bathtub
  • Bedroom Features: Converted Bedroom
  • Water Heater Features: Tankless
  • Water Heater Type: Tankless
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Laundry Utilities: Gas, Washer Hookup
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Fireplace: FP in Living Room
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating Type: Central
  • Heating: Central
  • Heat Equipment: Forced Air Unit
  • Flooring Type: Vinyl, Wood
  • Flooring: Vinyl, Wood
  • Virtual Tour URL Branded: https://www.tourfactory.com/2849227
  • Virtual Tour URL Unbranded: https://www.tourfactory.com/idxr2849227
Exterior Features
  • Roof: Composition
  • Fence: Yes
  • Fence: Masonry, Vinyl
  • Fencing: Masonry, Needs Repair, Vinyl
  • Structure Type: Triplex
  • Property Condition: Termite Clearance
  • Miscellaneous: Mountainous
  • View Description: River
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: 0-1 Unit/Acre
  • Lease Considered: No
  • Number Of Units: 3
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Sprinklers: Yes
  • Road Surface Type: Paved
  • Levels: One
  • Water: Public
  • Sewer: Cesspool
  • Sewer/Septic: Cesspool
  • Utilities: Electricity Available, Electricity Not Available, See Remarks
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Garage - 2 Car, RV Possible
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Attached Garage: Yes
  • Parking Features: Asphalt, Garage - Two Door, RV Potential
Property / Structure Info
  • Residential Styles: All Other Attached
  • Residential Unit Location: No Common Walls
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,000
  • Unit Type Total Rent: $1,000
  • Unit Type Pro Forma: 1000
  • 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: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,400
  • Unit Type Total Rent: $1,400
  • Unit Type Pro Forma: 1400
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,500
  • Unit Type Total Rent: $1,500
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 3
  • Number With Refrigerator: 3
  • Number With Disposal: 3
  • Number Wall AC: 2

Property History for 4858 Palo Verde Lane

DateEvent & SourcePriceAppreciation
Sep 3, 2021

Sold

CLAW #IV21060766MR

$725,000—
Sep 3, 2021

Sold

CLAW #IV21067226MR

$725,000—
Sep 3, 2021

Sold

CRMLS #IV21060766

$725,000—
DateEvent & SourcePrice
09/03/2021

Sold

CLAW #IV21060766MR

$725,000
09/03/2021

Sold

CLAW #IV21067226MR

$725,000
09/03/2021

Sold

CRMLS #IV21060766

$725,000

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

Public Records for 4858 Palo Verde Lane

Taxable ValueLand$195,919Additions$588,841Total$784,760
Tax Record2025$8,608 ($717 / month)
Home Facts
Baths3.5Total Finished SqFt2,578 SqFtAbove Grade Finished SqFt2,578 SqFtStories1Lot Size18,731 SqFtStyleTriplexYear Built1938Year Renovated1990ZoningR1065CountyRIVERSIDEAPN187-070-018

Schools near 4858 Palo Verde Lane

This home is within Riverside Unified School District.
Rating
School
Type
Grades
Distance
Magnolia Elementary School
Public - K to 6
Central Middle School
Public - 7 to 8
Polytechnic High School
Public - 9 to 12
Riverside Virtual School
Public - K to 12
Rating
School
Distance
Magnolia 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

Explore Nearby 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 WESTCOE REALTORS INC, LAURA FOLSOM, DRE #01823359

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.