8876 Cypress Ave

Riverside, CA 92503

$725,000
Last Sold Price
4
Beds
3
Baths
1,886 Sq. Ft.
$384 / Sq. Ft.
1,886
Sq. Ft.
$384
per Sq. Ft.
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Closed 10/23/25
Closed 10/23/25
an aerial view of a house with a yard

Description

Opportunity knocks with this multi-unit property in the heart of Riverside! Currently configured as three units, this property offers excellent potential for investors or owner-occupants alike. Front Unit (A): 1 bedroom, 1 full bath, open floor plan with laminate flooring, and ceiling fan. Unit B: A mirror image of Unit A, also featuring 1 bedroom, 1 full bath, and similar upgrades. Unit C: The largest of the three, offering 2 bedrooms, 1 full bath, and a private enclosed backyard. Additional highlights...Opportunity knocks with this multi-unit property in the heart of Riverside! Currently configured as three units, this property offers excellent potential for investors or owner-occupants alike. Front Unit (A): 1 bedroom, 1 full bath, open floor plan with laminate flooring, and ceiling fan. Unit B: A mirror image of Unit A, also featuring 1 bedroom, 1 full bath, and similar upgrades. Unit C: The largest of the three, offering 2 bedrooms, 1 full bath, and a private enclosed backyard. Additional highlights include individual washer and dryer hookups for each unit, on-site parking and a prime location within walking distance to schools, parks, shops, restaurants, and public transportation. This property presents a fantastic opportunity for a first-time or seasoned investor—live in one unit and rent out the other two for income potential.

Listing Agent

  1. Cesar CARRILLO

    Cesar CARRILLO

    Listing Agent

    Coldwell Banker Realty

    DRE #01272108

    P: (626)-514-2356

    CallText

Property Details for 8876 Cypress Avenue

View
None
Parking Spaces Total
0
Private Pool
No
Cooling Type
See Remarks, Wall/Window Unit(s), Zoned
Total Units
3.0
Building Type
Attached
Lot Size Source
Public Records
Living Area
1886
LISTING CLOSED: 10/23/2025 12:00 AM

Property Details for 8876 Cypress Avenue

StatusClosed
MLS #AR25185428
Days on Market22
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1957
Lot Size0.17 AC / 7,405 SF
CountyRiverside County
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Location

Listing Courtesy of Coldwell Banker Realty, Cesar CARRILLO, DRE #01272108

Sold By Real Broker, Kai Kim, DRE #02040060

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Building Information for 8876 Cypress Avenue

Stories1Residences-Year Built1957Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage1

$4,121 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,613

Property Taxes

$508

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 8876 Cypress Avenue

Rental Info
Rental Info
  • Tenant Pays: All Utilities
Income / Expense / Tax Details
Income Details
  • Gross Income: $58,800
  • Gross Scheduled Income: $58,800
  • Net Operating Income: $47,960
Expense Details
  • Operating Expense: $10,840
  • New Taxes Expense: $10,000
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $840
  • Total Expenses: $10,840
Tax / Assessment Info
  • Tax Tract Number: 009-174
  • Tax Census Tract: 411.01
  • CFD/Mello-Roos Fee: $81
  • Tax Lot: 340
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Sidewalks, Suburban
Property / Structure Info
Interior Features
  • Appliances: Free-Standing Range, Range Hood, Water Heater
  • Equipment: Inside, Laundry Closet Stacked, Stackable W/D Hookup
  • Interior Features: Ceiling Fan(s), Open Floorplan
  • Room Type: Kitchen, Living Room
  • Laundry: Yes
  • Laundry Features: Inside, Stackable
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: See Remarks, Wall/Window Unit(s), Zoned
  • Heating Type: Wall Furnace
  • Heating: Wall Furnace
  • Flooring Type: Laminate
  • Flooring: Laminate
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Roof: Composition, Shingle
  • Entry Location: Side
  • Fence: Yes
  • Fence: Vinyl
  • Fencing: Vinyl
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
  • Spa Features: None
  • Spa Heat: N/K
Land/Lot Info
  • Lot Features: Back Yard, Lot 6500-9999, Park Nearby
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Available
  • Electric: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Available
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Gravel
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • 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: 1620
  • Unit Type Type: 1
Unit 2
  • 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: 1620
  • 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: $1,900
  • Unit Type Total Rent: $1,900
  • Unit Type Pro Forma: 2052
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 8876 Cypress Avenue

DateEvent & SourcePriceAppreciation
Oct 23, 2025

Sold

SDMLS #AR25185428

$725,000—
Oct 23, 2025

Sold

CRMLS #AR25185428

$725,000—
Oct 23, 2025

Sold

CLAW #AR25185428MR

$725,000—
DateEvent & SourcePrice
10/23/2025

Sold

SDMLS #AR25185428

$725,000
10/23/2025

Sold

CRMLS #AR25185428

$725,000
10/23/2025

Sold

CLAW #AR25185428MR

$725,000

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

Public Records for 8876 Cypress Avenue

Taxable ValueLand$73,956Additions$415,306Total$489,262
Tax Record2025$6,097 ($508 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,176 SqFtAbove Grade Finished SqFt1,176 SqFtStories1Lot Size7,405 SqFtStyleSingle Family ResidenceYear Built1957ZoningC3CountyRIVERSIDEAPN151-090-006Fireplace TypeHas Fireplace

Schools near 8876 Cypress Avenue

This home is within Alvord Unified School District.
Rating
School
Type
Grades
Distance
Arlanza Elementary School
Public - K to 5
Wells Middle School
Public - 6 to 8
Norte Vista High School
Public - 9 to 12
Summit Elementary
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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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 Realty, Cesar CARRILLO, DRE #01272108

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.