Last Sold Price
6 beds2,640 sqft$133/sqft
7499 Potomac St, Riverside, CA 92504

Description

Seller willing to negotiate. Well maintained Tri-Plex, close to all schools K-12. All units were recently remodeled with new tile, stoves, sinks and new carpet. 3 individual & secure garages with one for each unit, along with additional parking spaces accessible through driveway. Lot size 7,841. Unit A- 2 bedroom/2bath (1100sf) with annual scheduled rent of $13,800
Unit B- 2 bedroom/1bath ( 830sf) with annual scheduled rent of $11,520
Unit C- 2 bedroom/1bath ( 830sf) with annual scheduled rent of $12,000
...Seller willing to negotiate. Well maintained Tri-Plex, close to all schools K-12. All units were recently remodeled with new tile, stoves, sinks and new carpet. 3 individual & secure garages with one for each unit, along with additional parking spaces accessible through driveway. Lot size 7,841. Unit A- 2 bedroom/2bath (1100sf) with annual scheduled rent of $13,800
Unit B- 2 bedroom/1bath ( 830sf) with annual scheduled rent of $11,520
Unit C- 2 bedroom/1bath ( 830sf) with annual scheduled rent of $12,000
GSI: $37,320/yr--with property taxes, $2,600/yr; gardner, $1,680/yr; water & Trash $1200/yr; Insurance $2,000/yr. Vacancy reserves: 5% vacancy, 5% maintenance, Cap rate 7%, GRM: 10.45. Sellers choice of services. Buyers to satisfy themselves as to all aspects of this property. Sellers are motivated due to recent divorce. Make Offer-All reasonable offers will be reviewed. Call Agent with any questions
DRIVE BY ONLY--DO NOT DISTURB TENANTS.
LISTING CLOSED: 01/31/2012 12:00 AM

  1. Listed by MIKE SCOTT • DRE #01408098 • HELP-U-SELL INDEPENDENCE RLTY
  2. Listed by BETTY SCOTT • DRE #1822816 • HELP-U-SELL INDEPENDENCE RLTY

Property Details for 7499 Potomac Street

Status
MLS #
I11032990
Days on Market
309
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income
Year Built
1952
Lot Size
0.18 AC / 7,841 SF
Parking Spaces Total
7
Total Units
3.0
Lot Size Source
Builder
Living Area
2640
Assessor Parcel Number
230-121-016
Average 1 Bed Area
1150
Average 2 Bed Area
960
Average 3 Bed Area
1000
Building Area Total
2640
Senior Community
No
Parcel Number
230121016
Area
Riverside (252)

Location

Listing Courtesy of HELP-U-SELL INDEPENDENCE RLTY, MIKE SCOTT, DRE #01408098; HELP-U-SELL INDEPENDENCE RLTY, BETTY SCOTT, DRE #1822816

Sold By Coldwell Banker Previews Inte, Mimi Pardini, DRE #00984541

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Building Information for 7499 Potomac Street

Stories2Residences-Year Built1952Building Size-Lot Size0.18 AC / 7,841 SF

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Property Information for 7499 Potomac Street

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $37,320
  • Vacancy Allowance Rate: 5
  • Net Operating Income: $27,974
  • Financing: Conventional
Expense Details
  • Operating Expense: $7,480
  • New Taxes Expense: $0
  • Gardener Expense: $1,680
  • Insurance Expense: $2,000
  • Maintenance Percent: 5.00%
  • Other Expense: $2,600
  • Other Expense Description: Prop Tax
  • Trash Expense: $600
  • Water Sewer Expense: $600
Tax / Assessment Info
  • Tax Year: 2010
  • Tax Tract Number: 902
  • Tax Lot: 20
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
Property / Structure Info
Land/Lot Info
  • Number Of Units: 3
  • Levels: Two
Parking Info
  • Garage Spaces: 3
  • Parking: Yes
  • Parking Garage: Assigned
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
  • Parking Features: Assigned
Unit Information
Unit 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $1,150
  • Unit Type Total Rent: $1,150
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 1
Unit 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $960
  • Unit Type Total Rent: $960
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 2
Unit 3
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $1,000
  • Unit Type Total Rent: $1,000
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 0

Property History for 7499 Potomac Street

DateEvent & SourcePriceAppreciation
Jan 31, 2012

Sold

CRMLS #I11032990

$350,000
Jan 31, 2012

Sold

CLAW #I11032990MR

$350,000
Dec 12, 2011

Sold (Public Record)

Public Record #323365469

$350,000
DateEvent & SourcePrice
01/31/2012

Sold

CRMLS #I11032990

$350,000
01/31/2012

Sold

CLAW #I11032990MR

$350,000
12/12/2011

Sold (Public Record)

Public Record #323365469

$350,000

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

Public Records for 7499 Potomac Street

Taxable ValueLand$64,049Additions$384,345Total$448,394
Tax Record2025$4,994 ($416 / month)
Home Facts
Beds7Baths3Total Finished SqFt2,640 SqFtAbove Grade Finished SqFt2,640 SqFtStories1Lot Size7,841 SqFtStyleSingle Family ResidenceYear Built1952Year Renovated1952ZoningR3CountyRIVERSIDEAPN230-121-016

Schools near 7499 Potomac Street

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 - 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 7499 Potomac Street, Riverside, CA 92504
$350,000
6
2,640
7,841
3,248
7,405
3,248
7,405
$2,685,000
3
23
19,365
30,056
3
1.75
1,244
8,276
$1,575,000
1
20

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 HELP-U-SELL INDEPENDENCE RLTY, MIKE SCOTT, DRE #01408098; HELP-U-SELL INDEPENDENCE RLTY, BETTY SCOTT, DRE #1822816

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.