Sold
Last Sold Price
8 beds7 baths3,498 sqft

6020 Crest Ave, Riverside, CA 92503

Multi FamilyProperty Type
0.34 acresLot Size
1963Year Built
$369/sq ftPrice per sq ft

Description

Huge corner lot 6 units complex. Approx. 38% Upside in Rent. This 6 units apartment complex is mixed with 1 single house (2 Bed/ 2 Bath) and 5 units (3 units are 1 bed/1 bath and 2 units are 2 bed/1 bath). Approx. 3,498 building sf., 14,810 sf. lot size. Ample parking spaces. Well maintained and managed property.Huge corner lot 6 units complex. Approx. 38% Upside in Rent. This 6 units apartment complex is mixed with 1 single house (2 Bed/ 2 Bath) and 5 units (3 units are 1 bed/1 bath and 2 units are 2 bed/1 bath). Approx. 3,498 building sf., 14,810 sf. lot size. Ample parking spaces. Well maintained and managed property.
  • Listed by: Kevin Lee DRE #01720786 Brokerage DRE #01218499 • Coldwell Banker Alliance
Listing closed: 02/15/2022 12:00 AM • Source: CRMLS, MLS#: TR21239964
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Recent comparable sales

Median sold price

$1,100,000

Avg days on market

85

Sale-to-list ratio

94.7%

Riverside, CA

9 comparable properties found

a view of a city
1

$1,345,300

Sold 10/21/25

8
Bedrooms
4
Bathrooms
3,784
Square Feet
0.22
Acres
a view of a white house with a yard
2

$975,000

Sold 11/27/24

8
Bedrooms
4
Bathrooms
3,330
Square Feet
0.38
Acres
a view of street with parked cars
3

$1,230,000

Sold 01/14/26

9
Bedrooms
Unavailable
Bathrooms
4,080
Square Feet
0.2
Acres
a view of a tennis court
4

$1,044,000

Sold 10/27/25

7
Bedrooms
3,282
Square Feet
0.72
Acres
$850,000 | 10543 Campbell Avenue, Riverside, CA 92505
5

$850,000

Sold 02/07/25

9
Bedrooms
4
Bathrooms
3,100
Square Feet
0.33
Acres
an aerial view of residential house and green space
6

$1,100,000

Sold 05/13/25

8
Bedrooms
4,771
Square Feet
5.68
Acres
a view of a house with a yard and sitting area
7

$1,150,000

Sold 02/03/26

8
Bedrooms
3,000
Square Feet
0.16
Acres
$1,125,000 | 2029 Patterson Street, Riverside, CA 92507
8

$1,125,000

Sold 07/30/25

7
Bedrooms
6
Bathrooms
2,961
Square Feet
0.3
Acres
$1,016,000 | 17335 Vía Frontera, Riverside, CA 92504
9

$1,016,000

Sold 03/17/25

7
Bedrooms
3,532
Square Feet
1.02
Acres

Location

Listing Courtesy of Coldwell Banker Alliance, Kevin Lee, DRE #01720786

Sold By Pat Swanson, Pat Swanson, DRE #01382974

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30 year fixed, 7.03% Interest

Principal and Interest

$6,887

Property Taxes

$1,420

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Property Information for 6020 Crest Avenue

Property Details

  • MLS Type: Residential Income
  • Parking Spaces Total: 0
  • Private Pool: No
  • Total Units: 6.0
  • Building Type: Attached
  • Lot Size Source: Assessor
  • Living Area: 3498
  • Assessor Parcel Number: 150-120-012
  • Property Attached YN: true
  • Common Walls: 1 Common Wall
  • New Construction: No
  • Average Studio Area Units: Square Feet
  • Average 1 Bed Area Units: Square Feet
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Building Area Total: 3498
  • Building Area Units: Square Feet
  • Pool: No
  • Association: No
  • Association Fee: $.00
  • Zoning: R3
  • Senior Community: No
  • Parcel Number: 150120012
  • Area: Riverside (252)
  • Directions: Corner of Crest Ave. & Cypress Ave.

Building Information

  • Year Built: 1963
  • Lot Size: 0.34 AC / 14,810 SF

Rental Info

Rental Info
  • Tenant Pays: Electricity, Gas

Income / Expense / Tax Details

Income Details
  • Gross Income: $86,436
  • Gross Scheduled Income: $86,436
  • Vacancy Allowance: 2593
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $83,843
  • Net Operating Income: $61,677
  • Gross Multiplier: 14.92
  • Cap Rate: 4.78
  • Financing: Cash To Existing Loan
Expense Details
  • Operating Expense: $22,166
  • New Taxes Expense: $14,512
  • Gardener Expense: $900
  • Insurance Expense: $2,280
  • Maintenance Expense: $574
  • Professional Management Expense: $0
  • Trash Expense: $1,536
  • Water Sewer Expense: $2,364
  • Total Expenses: $22,166
Tax / Assessment Info
  • Tax Block: 20
  • Tax Tract Number: 0
  • Tax Census Tract: 411.01
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 9

Community / Development

Community / Development
  • Community Features: Sidewalks

Property / Structure Info

Interior Features
  • Laundry: Yes
  • Laundry Features: See Remarks
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Lot 10000-19999 Sqft
  • Number Of Units: 6
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0

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 Actual Rent: $1,209
  • Unit Type Total Rent: $1,209
  • Unit Type Pro Forma: 2000
  • 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: $1,230
  • Unit Type Total Rent: $1,230
  • Unit Type Pro Forma: 1750
  • Unit Type Type: 2
Unit 3
  • 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: $1,444
  • Unit Type Total Rent: $1,444
  • Unit Type Pro Forma: 1750
  • Unit Type Type: 3
Unit 4
  • 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: $1,500
  • Unit Type Total Rent: $1,500
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $909
  • Unit Type Total Rent: $1,819
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 5
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 2

Property History for 6020 Crest Avenue

DateEvent & SourcePriceAppreciation
Feb 15, 2022

Sold

CLAW #TR21239964MR

$1,290,000—
Feb 15, 2022

Sold

CRMLS #TR21239964

$1,290,000—
Feb 15, 2022

Sold

SDMLS #TR21239964

$1,290,000—
DateEvent & SourcePrice
02/15/2022

Sold

CLAW #TR21239964MR

$1,290,000
02/15/2022

Sold

CRMLS #TR21239964

$1,290,000
02/15/2022

Sold

SDMLS #TR21239964

$1,290,000

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

Public Records for 6020 Crest Avenue

Taxable Value

Land

$324,729

Additions

$1,071,606
Total$1,396,335

Tax Record

2025

$17,034 ($1,420 / month)

Home Facts

Total Finished SqFt

3,636 SqFt

Above Grade Finished SqFt

3,636 SqFt

Stories

1

Lot Size

14,810 SqFt

Style

Multi-Family Res (5+ Units)

Year Built

1947

Year Renovated

1947

Zoning

RR

County

RIVERSIDE

APN

150-120-012

Schools near 6020 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
Twinhill Elementary School
PublicK to 5

Loma Vista 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 6020 Crest Avenue, Riverside, CA 92503
$1,290,000
8
7
3,498
14,810
$185,000
3
1,212
7,841
$1,120,000
–
–
7,108
17,860
$252,250
3
1,200
16,988
$505,000
3
2
1,200
16,988
–
4
4.5
2,412
5,663

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 Coldwell Banker Alliance, Kevin Lee, DRE #01720786

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.