4971 Brooks St

Riverside, CA 92506

$1,245,000
Last Sold Price
8
Beds
8
Baths
3,842 Sq. Ft.
$324 / Sq. Ft.
3,842
Sq. Ft.
$324
per Sq. Ft.
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Closed 12/5/23
Closed 12/5/23
a front view of a house with a yard

Description

Great Investment Opportunity. 5.3 Cap Rate on a Townhouse Style 4 Plex with 3 units remodeled and Newer 40 yr Composition Roof and Newer exterior paint and fence. Each unit features 2 large bedrooms approximately 13 X 15. & 1.5 Baths, full bath up and half bath down. The Primary bedroom offers a spacious walk-in closet and access to the hall bath from the bedroom. All water heaters have been replaced, 3 Interiors updated within the last 5 years. Smooth Ceilings, Recessed Lights and more. Each unit...Great Investment Opportunity. 5.3 Cap Rate on a Townhouse Style 4 Plex with 3 units remodeled and Newer 40 yr Composition Roof and Newer exterior paint and fence. Each unit features 2 large bedrooms approximately 13 X 15. & 1.5 Baths, full bath up and half bath down. The Primary bedroom offers a spacious walk-in closet and access to the hall bath from the bedroom. All water heaters have been replaced, 3 Interiors updated within the last 5 years. Smooth Ceilings, Recessed Lights and more. Each unit has their own patio. Tenants pay gas and electricity. There is a laundry room on-site for the tenants with leased machines that generate approximately $125 per month to the owner. Laundry Room has been upgraded with built in cabinets. Parking is open and there is room enough for 9 cars. The lot is over 1/2 acre and the fence is new! This is a well maintained building with good tenants and located in a great neighborhood close by Downtown Riverside, The Mission and University of California Riverside, , Riverside City College, Businesses and Entertainment.
  1. Listed by Shariee Dunn • DRE #00554534 • Brokerage DRE #01986798 • BHHS CA Properties

Property Details for 4971 Brooks Street

Parking Spaces Total
9
Private Pool
No
Cooling Type
Central Air
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3842
Assessor Parcel Number
219-164-011
LISTING CLOSED: 12/05/2023 12:00 AM

Property Details for 4971 Brooks Street

StatusClosed
MLS #PW23205820
Days on Market6
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1985
Lot Size0.62 AC / 27,007 SF
CountyRiverside County
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Location

Listing Courtesy of BHHS CA Properties, Shariee Dunn, DRE #00554534

Sold By Realty Pro 100, Darin Wilson, DRE #01333762; Realty Pro 100, Christian Wilson, DRE #01982467

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Building Information for 4971 Brooks Street

Stories2Residences-Year Built1985Building Size-Lot Size0.62 AC / 27,007 SF

Payment Calculator

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$7,396 per month

30 year fixed, 6.36% Interest

Principal and Interest

$6,204

Property Taxes

$1,192

HOA Dues

$0

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Property Information for 4971 Brooks Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $92,700
  • Gross Scheduled Income: $91,920
  • Vacancy Allowance: 1838
  • Vacancy Allowance Rate: 2
  • Gross Operating Income: $90,082
  • Net Operating Income: $66,039
  • Number Of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Income: $0
  • Laundry Income: $1,500
  • Gross Multiplier: 13.39
  • Cap Rate: 5.3
  • Financing: Conventional
Expense Details
  • Operating Expense: $24,043
  • New Taxes Expense: $12,707
  • Gardener Expense: $2,250
  • Cable TV Expense: $0
  • Pest Control Expense: $0
  • Pool Expense: $0
  • Security Expense: $0
  • Furniture Replacement Expense: $0
  • Electric Expense: $1,200
  • Insurance Expense: $3,000
  • Maintenance Expense: $2,726
  • Maintenance Percent: 3.00%
  • Professional Management Expense: $0
  • Other Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $2,160
  • Supplies Expense: $0
  • Total Expenses: $24,043
Tax / Assessment Info
  • Tax Tract Number: 17488
  • Tax Census Tract: 307.00
  • CFD/Mello-Roos Fee: $217
  • Tax Lot: 19
Community / Development
Community / Development
  • Community Features: Foothills, Gutters, Street Lights
Property / Structure Info
Interior Features
  • Room Type: All Bedrooms Up, Primary Bedroom, Walk-In Closet
  • Bedroom Features: All Bedrooms Up, WalkInCloset
  • Laundry: Yes
  • Laundry Features: Common Area
  • Laundry Equipment Own Lease: Lease
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air
  • Heating Type: None
  • Heating: None
  • Heat Equipment: N/K
  • Flooring Type: Carpet
  • Flooring: Carpet
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Roof: Composition
  • Entry Location: 1
  • Fence: Yes
  • Fence: Wood
  • Fencing: Good Condition, Wood
  • 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: Landscaped, Lot 20000-39999 Sqft, Level, Near Public Transit, Sprinklers In Front, Yard
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer, Sewer Paid
  • Sewer/Septic: Sewer Connected
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Electric: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Side By Side, Uncovered
  • Uncovered Spaces: 9
  • Open Other Spaces Total: 9
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Asphalt, Off Street, On Site, Side by Side, Uncovered
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: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,850
  • Unit Type Total Rent: $1,900
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,895
  • Unit Type Total Rent: $1,900
  • Unit Type Pro Forma: 2300
  • 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: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,895
  • Unit Type Total Rent: $1,900
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,895
  • Unit Type Total Rent: $1,900
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 3
  • Number With Range: 4
  • Number With Refrigerator: 0
  • Number With Carpet: 4
  • Number With Disposal: 4
  • Number With Patio: 4

Property History for 4971 Brooks Street

DateEvent & SourcePriceAppreciation
Dec 5, 2023

Sold

CLAW #PW23205820MR

$1,245,000—
Dec 5, 2023

Sold

CRMLS #PW23205820

$1,245,000—
Dec 5, 2023

Sold

SDMLS #PW23205820

$1,245,000—
DateEvent & SourcePrice
12/05/2023

Sold

CLAW #PW23205820MR

$1,245,000
12/05/2023

Sold

CRMLS #PW23205820

$1,245,000
12/05/2023

Sold

SDMLS #PW23205820

$1,245,000

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

Public Records for 4971 Brooks Street

Taxable ValueLand$612,000Additions$657,900Total$1,269,900
Tax Record2025$14,309 ($1,192 / month)
Home Facts
Total Finished SqFt3,842 SqFtAbove Grade Finished SqFt3,842 SqFtStories2Lot Size27,007 SqFtStyleQuadraplexYear Built1985ZoningR3CountyRIVERSIDEAPN219-164-011

Schools near 4971 Brooks Street

This home is within Riverside Unified School District.
Rating
School
Type
Grades
Distance
Alcott 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
Alcott 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 BHHS CA Properties, Shariee Dunn, DRE #00554534

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.