7771 Philbin Ave

9
Baths
2,328 Sq. Ft.
$183 / Sq. Ft.
2,328
Sq. Ft.
$183
per Sq. Ft.

Description

This is a rare and wonderful opportunity to purchase a triplex which is centrally located in Riverside with huge upside potential in rents. This fixer triplex features 2,328 sq ft of living space, it does need TLC to make it a great investment property! The property consists of three 2 bedrooms 1 bath units. Tenants are mo to mo and are paying rent. Property will not be delivered vacant. SFR Property next door on 7751 Philbin Ave Riverside also belongs to the same seller and is for sale for $250K...This is a rare and wonderful opportunity to purchase a triplex which is centrally located in Riverside with huge upside potential in rents. This fixer triplex features 2,328 sq ft of living space, it does need TLC to make it a great investment property! The property consists of three 2 bedrooms 1 bath units. Tenants are mo to mo and are paying rent. Property will not be delivered vacant. SFR Property next door on 7751 Philbin Ave Riverside also belongs to the same seller and is for sale for $250K and the seller wants both SOLD at the same time as a package deal. Please do not disturb Tenants.
  1. Listed by RUPI AZROT • DRE #02050423 • Brokerage DRE #02024805 • Crest Sotheby's International Realty

Property Details for 7771 Philbin Avenue

Parking Spaces Total
2
Private Pool
No
Cooling Type
Wall/Window
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2328
Assessor Parcel Number
151-173-006
LISTING UPDATED: 09/21/2020 10:11 PM

Property Details for 7771 Philbin Avenue

StatusClosed
MLS #IV20183642
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1951
Lot Size0.27 AC / 11,761 SF
CountyRiverside County

Location

Listing Courtesy of Crest Sotheby's International Realty, RUPI AZROT, DRE #02050423

Sold By Crest Sotheby's International Realty, RUPI AZROT, DRE #02050423

Add your commute

Building Information for 7771 Philbin Avenue

Stories1Residences-Year Built1951Building Size-Lot Size0.27 AC / 11,761 SF

Payment Calculator

$2,547 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,071

Property Taxes

$476

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7771 Philbin Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $28,500
  • Gross Scheduled Income: $28,500
  • Net Operating Income: $27,900
  • Financing: Cash
Expense Details
  • Operating Expense: $600
  • New Taxes Expense: $225
  • Insurance Expense: $150
  • Trash Expense: $0
  • Water Sewer Expense: $50
  • Total Expenses: $425
Tax / Assessment Info
  • Tax Tract Number: 041101
  • Tax Census Tract: 411.01
  • Tax Lot: 166
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
  • Cooling: Wall/Window Unit(s)
  • Heating Type: None
  • Heating: None
  • Heat Equipment: N/K
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Park Nearby
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Assigned, Converted Garage
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Assigned, Converted Garage
Unit Information
Unit 1
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 6
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 3
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,375
  • Unit Type Total Rent: $2,375
  • Unit Type Pro Forma: 4425
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 7771 Philbin Avenue

DateEvent & SourcePriceAppreciation
Sep 21, 2020

Sold

SDMLS #IV20183642

$425,000—
Sep 21, 2020

Sold

CLAW #IV20183642MR

$425,000—
Sep 21, 2020

Sold

CRMLS #IV20183642

$425,000—
Sep 8, 2020

Pending

CLAW #IV20183642MR

—
Sep 8, 2020

Pending

CRMLS #IV20183642

—
Sep 8, 2020

Pending

SDMLS #IV20183642

—
Sep 4, 2020

Hold

CRMLS #IV20183642

—
Sep 4, 2020

Listed (Active)

SDMLS #IV20183642

$450,000—
Sep 4, 2020

Listed (Active)

CLAW #IV20183642MR

$450,000—
Sep 4, 2020

Listed (Active)

CRMLS #IV20183642

$450,000—
DateEvent & SourcePrice
09/21/2020

Sold

SDMLS #IV20183642

$425,000
09/21/2020

Sold

CLAW #IV20183642MR

$425,000
09/21/2020

Sold

CRMLS #IV20183642

$425,000
09/08/2020

Pending

CLAW #IV20183642MR

—
09/08/2020

Pending

CRMLS #IV20183642

—
09/08/2020

Pending

SDMLS #IV20183642

—
09/04/2020

Hold

CRMLS #IV20183642

—
09/04/2020

Listed (Active)

SDMLS #IV20183642

$450,000
09/04/2020

Listed (Active)

CLAW #IV20183642MR

$450,000
09/04/2020

Listed (Active)

CRMLS #IV20183642

$450,000

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

Public Records for 7771 Philbin Avenue

Taxable ValueLand$108,242Additions$351,789Total$460,031
Tax Record2025$5,714 ($476 / month)
Home Facts
Beds4Baths1Total Finished SqFt600 SqFtAbove Grade Finished SqFt600 SqFtStories1Lot Size11,761 SqFtStyleSingle Family ResidenceYear Built1951ZoningR3CountyRIVERSIDEAPN151-173-006Fireplace TypeHas Fireplace

Schools near 7771 Philbin 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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Listing Courtesy of Crest Sotheby's International Realty, RUPI AZROT, DRE #02050423

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.