5890 Challen Ave

3
Baths
2,354 Sq. Ft.
$297 / Sq. Ft.
2,354
Sq. Ft.
$297
per Sq. Ft.

Description

Three Unit Investment Opportunity in a Well Sought After Area of Riverside. This Triplex Features 2354 sqft on a Huge 16,117 sqft lot. Good Potential for Future Expansion. Close to Schools, Entertainment, Shopping, Parks and Public Transportation.Three Unit Investment Opportunity in a Well Sought After Area of Riverside. This Triplex Features 2354 sqft on a Huge 16,117 sqft lot. Good Potential for Future Expansion. Close to Schools, Entertainment, Shopping, Parks and Public Transportation.
  1. Listed by Ryan Peterson • DRE #01784708 • Brokerage DRE #01701260 • SouthernCaliforniaRealty&Assoc • 909-636-2759

Property Details for 5890 Challen Avenue

View
Neighborhood
Parking Spaces Total
15
Private Pool
No
Cooling Type
See Remarks
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2354
LISTING CLOSED: 01/24/2022 12:00 AM

Property Details for 5890 Challen Avenue

StatusClosed
MLS #IG21249663
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1945
Lot Size0.37 AC / 16,117 SF
CountyRiverside County

Location

Listing Courtesy of SouthernCaliforniaRealty&Assoc, Ryan Peterson, DRE #01784708

Sold By Pacific Avenue Realty, Prashant Sampat, DRE #01916221

Add your commute

Building Information for 5890 Challen Avenue

Stories1Residences-Year Built1945Building Size-Lot Size0.37 AC / 16,117 SF

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$4,324 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,558

Property Taxes

$766

HOA Dues

$0

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Property Information for 5890 Challen Avenue

Rental Info
Rental Info
  • Tenant Pays: All Utilities
Income / Expense / Tax Details
Income Details
  • Gross Income: $36,000
  • Gross Scheduled Income: $42,000
  • Net Operating Income: $36,000
  • Financing: Conventional
Expense Details
  • Operating Expense: $6,000
  • Insurance Expense: $1,200
  • Trash Expense: $0
  • Total Expenses: $7,200
Tax / Assessment Info
  • Tax Tract Number: 411.01
  • Tax Census Tract: 411.01
  • CFD/Mello-Roos Fee: $73
  • Tax Lot: 298
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: See Remarks
  • Heating Type: Wall Furnace
  • Heating: Wall Furnace
Exterior Features
  • Fence: Yes
  • Fence: Wood
  • Fencing: Block, Wood
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Frontage Type: City Street
  • Levels: One
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Uncovered
  • Uncovered Spaces: 15
  • Open Other Spaces Total: 15
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Uncovered
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 Actual Rent: $1,250
  • Unit Type Total Rent: $1,250
  • Unit Type Pro Forma: 1800
  • 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: 0
  • Unit Type Actual Rent: $1,250
  • Unit Type Total Rent: $1,250
  • Unit Type Pro Forma: 1800
  • 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: $1,000
  • Unit Type Total Rent: $1,000
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 5890 Challen Avenue

DateEvent & SourcePriceAppreciation
Jan 24, 2022

Sold

CLAW #IG21249663MR

$700,000
Jan 24, 2022

Sold

CRMLS #IG21249663

$700,000
Jan 24, 2022

Sold

SDMLS #IG21249663

$700,000
DateEvent & SourcePrice
01/24/2022

Sold

CLAW #IG21249663MR

$700,000
01/24/2022

Sold

CRMLS #IG21249663

$700,000
01/24/2022

Sold

SDMLS #IG21249663

$700,000

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

Public Records for 5890 Challen Avenue

Taxable ValueLand$216,485Additions$541,216Total$757,701
Tax Record2025$9,192 ($766 / month)
Home Facts
Baths3Total Finished SqFt258 SqFtAbove Grade Finished SqFt258 SqFtStories1Lot Size16,117 SqFtStyleTriplexYear Built1945Year Renovated1945ZoningR3CountyRIVERSIDEAPN151-100-004

Schools near 5890 Challen Avenue

This home is within Alvord Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Arlanza Elementary School
PublicK to 5

Wells Middle School
Public6 to 8

Norte Vista High School
Public9 to 12

Summit Elementary
PublicK to 5

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 SouthernCaliforniaRealty&Assoc, Ryan Peterson, DRE #01784708

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.