Sold
Last Sold Price
6 beds3 baths850 sqft

5040 Boxwood Pl, Riverside, CA 92506

Multi FamilyProperty Type
0.19 acresLot Size
1985Year Built
$441/sq ftPrice per sq ft
4 carsParking Spaces

Description

Back on the market! Condo style units, built approximately in 1985. Well maintained and all units are 2 bedroom and 1.5 bath and 2 story. Central air and heat. Great income location across from Riverside Community College. Community laundry facility may provide additional income opportunity.Back on the market! Condo style units, built approximately in 1985. Well maintained and all units are 2 bedroom and 1.5 bath and 2 story. Central air and heat. Great income location across from Riverside Community College. Community laundry facility may provide additional income opportunity.
  • Listed by: Damien Melle DRE #01382073 Brokerage DRE #01382073 • Modern Real Estate Shop
Listing closed: 03/06/2015 12:00 AM • Source: CLAW, MLS#: 14-805469
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Recent comparable sales

Median sold price

$763,000

Avg days on market

64

Sale-to-list ratio

96.2%

Riverside, CA

9 comparable properties found

$760,000 | 2431 12th Street, Riverside, CA 92507
1

$760,000

Sold 10/15/25

6
Bedrooms
4
Bathrooms
2,214
Square Feet
0.24
Acres
a front view of a house with a yard and potted plants
2

$795,000

Sold 07/16/26

6
Bedrooms
2,456
Square Feet
0.18
Acres
$799,000 | 3755 Brockton Avenue, Riverside, CA 92501
3

$799,000

Sold 06/20/25

6
Bedrooms
4
Bathrooms
Unavailable
Square Feet
0.08
Acres
$700,000 | 2626 5th Street, Riverside, CA 92507
4

$700,000

Sold 11/12/25

6
Bedrooms
2,437
Square Feet
0.22
Acres
front view of a house with a porch
5

$763,000

Sold 01/26/26

6
Bedrooms
3
Bathrooms
2,145
Square Feet
0.13
Acres
a view of a house with backyard and sitting area
6

$885,000

Sold 01/14/26

6
Bedrooms
3
Bathrooms
2,088
Square Feet
0.38
Acres
$765,000 | 2972 Orange Street, Riverside, CA 92501
7

$765,000

Sold 05/05/25

6
Bedrooms
3
Bathrooms
2,233
Square Feet
0.16
Acres
8

$460,000

Sold 05/28/25

Unavailable
Bedrooms
2
Bathrooms
952
Square Feet
0.16
Acres
$640,000 | 4500 Highland Place, Riverside, CA 92506
9

$640,000

Sold 08/28/26

6
Bedrooms
2,382
Square Feet
0.64
Acres

Location

Listing Courtesy of Modern Real Estate Shop, Damien Melle, DRE #01382073

Sold By Keller Williams Beach Cities, Laura Torres, DRE #01907621

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Principal and Interest

$2,002

Property Taxes

$476

HOA Dues

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Property Information for 5040 Boxwood Place

Property Details

  • MLS Type: Residential Income
  • Zoning: R-3
  • Parcel Number: 219164007
  • Total Units: 3.0
  • Living Area: 850
  • Source Living Area: Assessor
  • Area: Riverside (252)
  • Vacancy Rate: 3%
  • Lot Size Area: 8276
  • Source Lot Size Area: Estimated
  • Assessor Parcel Number: 219-164-007
  • Directions: West of the 91 fwy, off Olivewood and City College Dr.
  • Map Coordinate: 685/G6

Building Information

  • Stories: 2
  • Year Built: 1985
  • Lot Size: 0.19 AC / 8,276 SF

Community / Development

Community / Development
  • Number Of Units: 3

Structure Info

Structure Info
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Triplex
  • View: No

Contract Info

Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service

Income & Expenses Information

Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $31,922
  • Net Operating Income: $21,330.00
  • Gross Income: $32,280
  • Cap Rate: 5.70%
  • Gross Rent Multiplier: $11.62
  • Total Annual Expense: 10592

Land / Lot Info

Land / Lot Info
  • Lot Size Square Feet: 8276
  • Geocode Override: 0.0

Parking Details

Parking Details
  • Parking Garage: Parking Space
  • Total Parking: 4
  • Open Other Spaces Total: 4
  • Garage Spaces Total: 0
  • Carport Spaces Total: 0
  • Parking Features: Parking Space
  • Garage Structures Total: 0.0

Interior Features

Interior Features
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Cooling: Central
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Equipment: Other
  • Laundry: Community

Exterior Features

Exterior Features
  • Pool: No
  • Tennis: No

Lease Terms

Lease Terms
  • Entry Date: 10-31-2014

Unit Details

Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $900.00
  • Unit Actual Rent: $900.00
  • Unit Projected Rent: $900.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $795.00
  • Unit Actual Rent: $795.00
  • Unit Projected Rent: $900.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $995.00
  • Unit Actual Rent: $995.00
  • Unit Projected Rent: $995.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
  • Number of Electric Meters: 4
  • Number of Gas Meters: 4
  • Number Leased: 3
  • Number Rented Garages: 0
  • Number Water Meters: 1

Tax and Assessed Info

Tax and Assessed Info
  • Assessed Improvement Value: $234,738.00
  • Assessed Land Value: $173,098.00

Property History for 5040 Boxwood Place

DateEvent & SourcePriceAppreciation
Mar 6, 2015

Sold

CRMLS #14805469

$375,000—
Mar 6, 2015

Sold

CLAW #14-805469

$375,000—
Feb 25, 2015

Sold (Public Record)

Public Record #489287761

$375,000

-0.6% / yr

DateEvent & SourcePrice
03/06/2015

Sold

CRMLS #14805469

$375,000
03/06/2015

Sold

CLAW #14-805469

$375,000
02/25/2015

Sold (Public Record)

Public Record #489287761

$375,000

-0.6% / yr

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

Public Records for 5040 Boxwood Place

Taxable Value

Land

$217,411

Additions

$294,836
Total$512,247

Tax Record

2025

$5,706 ($476 / month)

Home Facts

Total Finished SqFt

2,914 SqFt

Above Grade Finished SqFt

2,914 SqFt

Stories

2

Lot Size

8,276 SqFt

Style

Multi-Family Res (5+ Units)

Year Built

1985

Year Renovated

1985

Zoning

R3

County

RIVERSIDE

APN

219-164-007

Schools near 5040 Boxwood Place

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
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 Modern Real Estate Shop, Damien Melle, DRE #01382073

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.