7429 Potomac St

Riverside, CA 92504

$440,000
Last Sold Price
3
Beds
4
Baths
2,600 Sq. Ft.
$169 / Sq. Ft.
2,600
Sq. Ft.
$169
per Sq. Ft.
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Closed 6/12/14
Closed 6/12/14

Description

Nice maintained units with improvements and upgrades with no vacancies. Fully leased and need to respect tenants privacy. Each unit has enclosed garage. Each unit has separate patio area except 2bd. There is an enclosed laundry room for the units. Each unit has separate electric and gas meters. Each unit has two wall air conditioners. The units are spacious and have open beamed ceilings. Close to shopping and freeway.Nice maintained units with improvements and upgrades with no vacancies. Fully leased and need to respect tenants privacy. Each unit has enclosed garage. Each unit has separate patio area except 2bd. There is an enclosed laundry room for the units. Each unit has separate electric and gas meters. Each unit has two wall air conditioners. The units are spacious and have open beamed ceilings. Close to shopping and freeway.
  1. Listed by ROB MATCHETT • DRE #0977390 • MATCH-IT REALTY

Property Details for 7429 Potomac Street

Architectural Style
Contemporary
View
None
Parking Spaces Total
8
Private Pool
No
Cooling Type
Wall/Window Unit(s)
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
LISTING CLOSED: 06/12/2014 12:00 AM

Property Details for 7429 Potomac Street

StatusClosed
MLS #IV14013466
Days on Market144
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1954
Lot Size0.18 AC / 7,705 SF
CountyRiverside County
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Location

Listing Courtesy of MATCH-IT REALTY, ROB MATCHETT, DRE #0977390

Sold By MATCH-IT REALTY, ROB MATCHETT, DRE #0977390

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Building Information for 7429 Potomac Street

Stories-Residences-Year Built1954Building Size-Lot Size0.18 AC / 7,705 SF

Payment Calculator

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$3,065 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,193

Property Taxes

$872

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 7429 Potomac Street

Rental Info
Rental Info
  • Tenant Pays: Electricity
Income / Expense / Tax Details
Income Details
  • Gross Income: $2,725
  • Gross Scheduled Income: $33,300
  • Net Operating Income: $29,480
  • Financing: Conventional
Expense Details
  • Operating Expense: $319
  • New Taxes Expense: $1
  • Gardener Expense: $720
  • Electric Expense: $480
  • Insurance Expense: $1,200
  • Trash Expense: $444
  • Water Sewer Expense: $1,140
Tax / Assessment Info
  • Tax Year: 2012
  • Tax Tract Number: 314
  • Tax Lot: 13
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Special Assessments
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Electric Oven, Gas Oven
  • Equipment: Room
  • Water Heater Features: Oven-Electric, Oven-Gas
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Wall Furnace
  • Heating: Wall Furnace
  • Flooring Type: Carpet, Tile
  • Flooring: Carpet, Tile
Exterior Features
  • Security Features: Carbon Monoxide Detector(s)
  • Construction Materials: Stucco, Wood Siding
  • Exterior Construction: Stucco, Wood Siding
  • Roof: Asphalt
  • Fence: Chain Link
  • Fencing: Chain Link
  • View Description: None
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 4
  • Land Lease Type: Fee
  • Water: District
  • Sewer: In Connected and Paid
  • Utilities: Sewer Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Assigned
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Assigned
Property / Structure Info
  • Builder Name: George Washington
Unit Information
Unit 1
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $650
  • Unit Type Total Rent: $1,950
  • Unit Type Pro Forma: 1950
  • Unit Type Area Units: Square Feet
  • 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: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $775
  • Unit Type Total Rent: $775
  • Unit Type Pro Forma: 775
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number With Refrigerator: 1

Property History for 7429 Potomac Street

DateEvent & SourcePriceAppreciation
Jun 12, 2014

Sold

CLAW #IV14013466MR

$440,000—
Jun 12, 2014

Sold

CRMLS #IV14013466

$440,000—
Apr 17, 2014

Sold (Public Record)

Public Record #414943702

$440,000

-1.4% / yr

DateEvent & SourcePrice
06/12/2014

Sold

CLAW #IV14013466MR

$440,000
06/12/2014

Sold

CRMLS #IV14013466

$440,000
04/17/2014

Sold (Public Record)

Public Record #414943702

$440,000

-1.4% / yr

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

Public Records for 7429 Potomac Street

Taxable ValueLand$142,800Additions$785,400Total$928,200
Tax Record2025$10,460 ($872 / month)
Home Facts
Total Finished SqFt2,845 SqFtAbove Grade Finished SqFt2,845 SqFtStories2Lot Size7,840 SqFtStyleMulti-Family Res (5+ Units)Year Built1955ZoningR3CountyRIVERSIDEAPN230-121-008

Schools near 7429 Potomac Street

This home is within Riverside Unified School District.
Rating
School
Type
Grades
Distance
Madison Elementary School
Public - K to 6
Sierra Middle School
Public - 7 to 8
Ramona High School
Public - 9 to 12
Opportunity Program School
Public - 7 to 12
Rating
School
Distance
Madison Elementary School
PublicK to 6

Sierra Middle School
Public7 to 8

Ramona High School
Public9 to 12

Opportunity Program School
Public7 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 MATCH-IT REALTY, ROB MATCHETT, DRE #0977390

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.