Sold
Last Sold Price
1 bed4 baths2,016 sqft

8755 Indiana Ave, Riverside, CA 92503

Multi FamilyProperty Type
0.24 acresLot Size
1974Year Built
$243/sq ftPrice per sq ft
1 carParking Spaces

Description

Gated 4 unit complex that boasts a gorgeous Sparkling pool, Playground and BBQ area's all located on a 10,570 sqft all flat lot. On Assessor data shows 2,016 Sqft of structure interior living area. Each unit is 1 bedroom and 1 bathroom with approximately 500 sqft of living space, separate laundry room. All units are leased, good tenants, all paying on time, 2 tenants have been living there since 2014 . All information deemed reliable but not guaranteed, all buyer or their representative is to satisfy...Gated 4 unit complex that boasts a gorgeous Sparkling pool, Playground and BBQ area's all located on a 10,570 sqft all flat lot. On Assessor data shows 2,016 Sqft of structure interior living area. Each unit is 1 bedroom and 1 bathroom with approximately 500 sqft of living space, separate laundry room. All units are leased, good tenants, all paying on time, 2 tenants have been living there since 2014 . All information deemed reliable but not guaranteed, all buyer or their representative is to satisfy themselves as to all aspects of the property. Excellent opportunity for self-managed investors. Total current rental income: $3,493/month with potential increase to $4,000/month.
  • Listed by: Xiao Yang Liu DRE #01820064 Brokerage DRE #01943726 • GoGo Realtors R.H Corp.
Listing closed: 03/20/2019 12:00 AM • Source: CRMLS, MLS#: TR19022071
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Recent comparable sales

Median sold price

$574,990

Avg days on market

55

Sale-to-list ratio

95.3%

Riverside, CA

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Location

Listing Courtesy of GoGo Realtors R.H Corp., Xiao Yang Liu, DRE #01820064

Sold By REALTY MASTERS & ASSOCIATES, DANA MCCAUSLAND, DRE #01188743

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Principal and Interest

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Property Taxes

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Property Information for 8755 Indiana Avenue

Property Details

  • MLS Type: Residential Income
  • Parking Spaces Total: 1
  • Private Pool: No
  • Total Units: 4.0
  • Building Type: Detached
  • Living Area: 2016
  • Assessor Parcel Number: 233-140-014
  • Property Attached YN: false
  • Common Walls: No Common Walls
  • New Construction: No
  • Average Studio Area Units: Square Feet
  • Average 1 Bed Area: 500
  • Average 1 Bed Area Units: Square Feet
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Building Area Total: 2016
  • Building Area Units: Square Feet
  • Fireplace: No
  • Pool: No
  • Spa: No
  • Zoning: R3
  • Senior Community: No
  • Parcel Number: 233140014
  • Area: Riverside (252)
  • Directions: Cross Street: Monroe Street

Building Information

  • Year Built: 1974
  • Lot Size: 0.24 AC / 10,570 SF

Income / Expense / Tax Details

Income Details
  • Gross Income: $40,716
  • Gross Scheduled Income: $40,716
  • Net Operating Income: $33,019
  • Financing: Cash
Expense Details
  • Operating Expense: $7,697
  • New Taxes Expense: $5,611
  • Gardener Expense: $1,200
  • Pest Control Expense: $480
  • Pool Expense: $1,140
  • Electric Expense: $789
  • Insurance Expense: $712
  • Professional Management Expense: $1,704
  • Trash Expense: $588
  • Water Sewer Expense: $1,089
  • Total Expenses: $13,313
Tax / Assessment Info
  • Tax Tract Number: 2641
  • Tax Census Tract: 317.04
  • Tax Lot: 5

Community / Development

Community / Development
  • Community Features: Curbs

Property / Structure Info

Interior Features
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Fireplace Features: None
  • Fireplace Rooms: None
Exterior Features
  • Pool Features: Community, Fenced, In Ground
  • Pool Description: Community, Fenced, In Ground
  • Pool: Below Ground, Community/Common
  • Spa Features: None
Land/Lot Info
  • Lot Features: Lawn
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 1
  • Parking Garage Spaces: 1
  • Carport Spaces: 0

Unit Information

Unit 1
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 6
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $4
  • Unit Type Total Rent: $3,393
  • Unit Type Pro Forma: 3600
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 4
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4

Property History for 8755 Indiana Avenue

DateEvent & SourcePriceAppreciation
Mar 20, 2019

Sold

CRMLS #TR19022071

$490,000—
Mar 20, 2019

Sold

CLAW #TR19022071MR

$490,000—
Mar 20, 2019

Sold

SDMLS #TR19022071

$490,000—
DateEvent & SourcePrice
03/20/2019

Sold

CRMLS #TR19022071

$490,000
03/20/2019

Sold

CLAW #TR19022071MR

$490,000
03/20/2019

Sold

SDMLS #TR19022071

$490,000

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

Public records

8755 Indiana Avenue

Total Finished SqFt

2,066 SqFt

Above Grade Finished SqFt

2,066 SqFt

Stories

1

Lot Size

10,454 SqFt

Style

Quadraplex

Year Built

1964

Schools near 8755 Indiana Avenue

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 - 12
Rating
School
Distance
Hawthorne Elementary School
PublicK to 6

Chemawa Middle School
Public7 to 8

Arlington High School
Public9 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: 8755 Indiana Avenue, Riverside, CA 92503
$490,000
1
4
2,016
10,570
–
–
–
2,474
10,454
–
–
3
1,940
9,583
$695,000
6
4
–
–
–
–
–
2,210
10,019
$161,500
4
1,540
2,178

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 GoGo Realtors R.H Corp., Xiao Yang Liu, DRE #01820064

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.