494 Electric Ave

Riverside, CA 92507

$394,500
Last Sold Price
4
Beds
3
Baths
2,700 Sq. Ft.
$146 / Sq. Ft.
2,700
Sq. Ft.
$146
per Sq. Ft.
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Closed 5/19/15
Closed 5/19/15

Description

Perfect for Tax Investment. Riverside Highgrove Home and Duplex. 1.30 Acres, 2 Bedrooms 1 Bath house features family room, ceramic tile floors and counters, indoor laundry with office, blinds throughout. Newer appliances and ceiling fans, shows great. Currently house is rented at $1290 month to month. Plus has it's own carport. Detached 2 Story Duplex building has 2 united apartments. 1 Bedroom with living room, kitchen, bath each, each unit has 600 sq. ft. and is rented for $630 each. Top unit has...Perfect for Tax Investment. Riverside Highgrove Home and Duplex. 1.30 Acres, 2 Bedrooms 1 Bath house features family room, ceramic tile floors and counters, indoor laundry with office, blinds throughout. Newer appliances and ceiling fans, shows great. Currently house is rented at $1290 month to month. Plus has it's own carport. Detached 2 Story Duplex building has 2 united apartments. 1 Bedroom with living room, kitchen, bath each, each unit has 600 sq. ft. and is rented for $630 each. Top unit has wrap around balcony/patio to view the mountains. Duplex has a shared laundry room, security system, lots of parking, room for RV, big boys toys. Great for fruit orchard & large garden. Ideal for extended family,live in house, apartment rents can help make payment. House Apartments.
  1. Listed by LIVIA EARP • DRE #00458583 • WESTCOE REALTORS INC

Property Details for 494 Electric Avenue

Architectural Style
Ranch
View
Mountain(s)
Parking Spaces Total
8
Private Pool
No
Cooling Type
Central Air, Wall/Window Unit(s)
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor
LISTING CLOSED: 05/19/2015 12:00 AM

Property Details for 494 Electric Avenue

StatusClosed
MLS #IV14184579
Days on Market192
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1945
Lot Size1.30 AC / 56,628 SF
CountyRiverside County
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Location

Listing Courtesy of WESTCOE REALTORS INC, LIVIA EARP, DRE #00458583

Sold By NATIONAL REALTY GROUP, CLARE SCHRUM, DRE #1742219

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Building Information for 494 Electric Avenue

Stories2Residences-Year Built1945Building Size-Lot Size1.30 AC / 56,628 SF

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$2,076 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,005

Property Taxes

$71

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 494 Electric Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas, See Remarks
Income / Expense / Tax Details
Income Details
  • Gross Income: $2,550
  • Gross Scheduled Income: $30,600
  • Net Operating Income: $16,980
  • Financing: Conventional
Expense Details
  • Operating Expense: $11,595
  • New Taxes Expense: $0
  • Gardener Expense: $1,300
  • Pest Control Expense: $345
  • Insurance Expense: $1,230
  • Professional Management Expense: $3,000
  • Other Expense: $2,225
  • Other Expense Description: Plumbing
  • Trash Expense: $400
  • Water Sewer Expense: $1,626
Tax / Assessment Info
  • Tax Block: 57
  • Tax Tract Number: 0
  • Tax Lot: 0
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Rural
Property / Structure Info
Interior Features
  • Appliances: Microwave
  • Equipment: Microwave, Outside, Room
  • Interior Features: Ceramic Counters, Ceiling Fan(s), Formica Counters, Storage, Tile Counters, Unfurnished
  • Room Type: Utility Room
  • Bathroom Features: Shower Over Tub, Shower Stall
  • Laundry: Yes
  • Laundry Features: Individual Room, Outside
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating Type: Central, Forced Air, Natural Gas, Wall Furnace
  • Heating: Central, Forced Air, Natural Gas, Wall Furnace
  • Flooring Type: Carpet, Tile, Wood
  • Flooring: Carpet, Tile, Wood
Exterior Features
  • Window Features: Blinds
  • Security Features: Carbon Monoxide Detector(s), Security Lights, Smoke Detector(s)
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Exterior Features: Barbecue Private
  • Roof: Composition
  • Fence: Chain Link
  • Fencing: Chain Link
  • Foundation Details: Slab, Raised
  • Foundation Details: Slab, Raised
  • Other Structures: Shed(s), Two On A Lot
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Level, Lawn, Landscaped, Flag Lot, Lot Over 40000 Sqft, Corner Lot, Secluded
  • Lot Location: Rural, Corner Lot, Cul-De-Sac
  • Number Of Units: 3
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Levels: Two
  • Water: District
  • Sewer: Conventional Septic
  • Utilities: Natural Gas Available
  • Electric: Electricity - On Property
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Built-In Storage, Carport, Carport Detached, Driveway, Driveway - Concrete, Other, Parking Space, RV Access, RV Possible, Shared Driveway
  • Parking Garage Spaces: 0
  • Carport Spaces: 2
  • Parking Features: Carport, Detached Carport, Concrete, Driveway, Other, Parking Space, RV Potential, RV Access/Parking, Shared Driveway, Built-In Storage
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: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,290
  • Unit Type Total Rent: $1,290
  • Unit Type Pro Forma: 1290
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 1
Unit 2
  • 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: $630
  • Unit Type Total Rent: $630
  • Unit Type Pro Forma: 630
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 2
Unit 3
  • 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: $630
  • Unit Type Total Rent: $630
  • Unit Type Pro Forma: 630
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 1
  • Number With Range: 3
  • Number With Carpet: 3
  • Number Wall AC: 1

Property History for 494 Electric Avenue

DateEvent & SourcePriceAppreciation
May 19, 2015

Sold

CRMLS #IV14184579

$394,500—
May 19, 2015

Sold

CLAW #IV14184579MR

$394,500—
Mar 5, 2015

Pending

CRMLS #IV14184579

—
DateEvent & SourcePrice
05/19/2015

Sold

CRMLS #IV14184579

$394,500
05/19/2015

Sold

CLAW #IV14184579MR

$394,500
03/05/2015

Pending

CRMLS #IV14184579

—

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

Public Records for 494 Electric Avenue

Taxable ValueLand$7,321Additions$59,323Total$66,644
Tax Record2014$857 ($71 / month)
Home Facts
Beds4Baths2.5Above Grade Finished SqFt2,623 SqFtStories1Lot Size19,602 SqFtStyleMulti-Family Dwelling (2-4)Year Built1945ZoningR3CountyRiversideAPN247082014

Schools near 494 Electric Avenue

This home is within Riverside Unified School District.
Rating
School
Type
Grades
Distance
Highgrove Elementary School
Public - K to 6
University Heights Middle School
Public - 7 to 8
John W. North High School
Public - 9 to 12
REACH Leadership STEAM Academy
Charter - K to 6
Rating
School
Distance
Highgrove Elementary School
PublicK to 6

University Heights Middle School
Public7 to 8

John W. North High School
Public9 to 12

REACH Leadership STEAM Academy
CharterK to 6

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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AddressSold priceBedsBathsSqftLot (Sqft)
486 Electric Avenue, Riverside, CA 92507
$540,000
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–
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499 Electric Avenue, Unit A, Riverside, CA 92507
–
2
1
736
15,245
1374 Villa Street, Riverside, CA 92507
$464,900
4
4
2,285
10,890
465 Electric Avenue, Riverside, CA 92507
–
–
2
954
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1370 Villa Street, Riverside, CA 92507
$585,000
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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 WESTCOE REALTORS INC, LIVIA EARP, DRE #00458583

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.