5964 Crest Ave

4
Baths
2,880 Sq. Ft.
$285 / Sq. Ft.
2,880
Sq. Ft.
$285
per Sq. Ft.

Description

Investors! Investors! Investors! This Multi Family property is (4) 2 bedroom / 1 bath units. It consists of two individual single level buildings housing 2 units each with a huge driveway in the center for tenant parking. Property has been upgraded and improved over the years of ownership. Each unit is individually metered for gas and electric. The owner pays for water and gardening which runs about $200 per month. Each unit has a wall A/C and a gas wall heater inside. Each unit also has their own...Investors! Investors! Investors! This Multi Family property is (4) 2 bedroom / 1 bath units. It consists of two individual single level buildings housing 2 units each with a huge driveway in the center for tenant parking. Property has been upgraded and improved over the years of ownership. Each unit is individually metered for gas and electric. The owner pays for water and gardening which runs about $200 per month. Each unit has a wall A/C and a gas wall heater inside. Each unit also has their own individual backyard. Property located in a coveted school district which offers after school programs for children which is highly attractive for tenants. Hurry this property won't last long!
  1. Listed by Ryan Robson • DRE #01261783 • Brokerage DRE #01885830 • U.S. Real Estate Services, Inc

Property Details for 5964 Crest Avenue

Parking Spaces Total
8
Private Pool
No
Cooling Type
Wall/Window Unit(s)
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2880
Assessor Parcel Number
150-232-005
LISTING CLOSED: 04/19/2021 12:00 AM

Property Details for 5964 Crest Avenue

StatusClosed
MLS #OC21043679
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1959
Lot Size0.23 AC / 10,019 SF
CountyRiverside County

Location

Listing Courtesy of U.S. Real Estate Services, Inc, Ryan Robson, DRE #01261783

Sold By Americana Real Estate Services, Arbi Baghoomian, DRE #01863845

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Building Information for 5964 Crest Avenue

Stories1Residences-Year Built1959Building Size-Lot Size0.23 AC / 10,019 SF

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$5,090 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,168

Property Taxes

$922

HOA Dues

$0

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Property Information for 5964 Crest Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $57,600
  • Gross Scheduled Income: $57,600
  • Gross Operating Income: $57,600
  • Net Operating Income: $44,305
  • Financing: Conventional
Expense Details
  • Operating Expense: $13,295
  • New Taxes Expense: $9,045
  • Gardener Expense: $1,200
  • Licenses Expense: $150
  • Insurance Expense: $1,700
  • Trash Expense: $0
  • Water Sewer Expense: $1,200
  • Total Expenses: $13,295
Tax / Assessment Info
  • Tax Block: 18
  • Tax Tract Number: 411.02
  • Tax Census Tract: 411.02
  • Tax Lot: 2
Community / Development
Community / Development
  • Community Features: Street Lights
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Wall Furnace
  • Heating: Wall Furnace
Exterior Features
  • Roof: Rolled/Hot Mop
  • Fence: Yes
  • Fence: Chain Link
  • Fencing: Chain Link
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 4
  • 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
  • Uncovered Spaces: 8
  • Open Other Spaces Total: 8
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,200
  • Unit Type Total Rent: $4,800
  • Unit Type Pro Forma: 5400
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Wall AC: 4

Property History for 5964 Crest Avenue

DateEvent & SourcePriceAppreciation
Apr 19, 2021

Sold

CRMLS #OC21043679

$820,000
Apr 19, 2021

Sold

CLAW #OC21043679MR

$820,000
Apr 19, 2021

Sold

SDMLS #OC21043679

$820,000
DateEvent & SourcePrice
04/19/2021

Sold

CRMLS #OC21043679

$820,000
04/19/2021

Sold

CLAW #OC21043679MR

$820,000
04/19/2021

Sold

SDMLS #OC21043679

$820,000

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

Public Records for 5964 Crest Avenue

Taxable ValueLand$162,364Additions$725,229Total$887,593
Tax Record2025$11,064 ($922 / month)
Home Facts
Total Finished SqFt1,404 SqFtAbove Grade Finished SqFt1,404 SqFtStories1Lot Size10,018 SqFtStyleQuadraplexYear Built1959ZoningR1RLCountyRIVERSIDEAPN150-232-005

Schools near 5964 Crest 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 U.S. Real Estate Services, Inc, Ryan Robson, DRE #01261783

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.