9039 Colony Pl

Riverside, CA 92503

$1,230,000
Last Sold Price
9
Beds
—
Baths
4,080 Sq. Ft.
$301 / Sq. Ft.
4,080
Sq. Ft.
$301
per Sq. Ft.
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Closed 1/14/26
Closed 1/14/26
a view of street with parked cars

Description

Dreamed of owning income property, with $20,000 of upgrades, just completed? This 4-unit townhouse style property comprises 9 bedroom/6 baths and will EXCEED ALL your EXPECTATIONS! Each townhome has two floors with 1,000 square feet of living space, and each with its own private patio area. Unit A has 3 bedrooms/2 baths with its ensuite! UNIT B - D has 2 bedrooms/1 baths each, all with central air/heat in each unit. The four units share a community laundry room that is coin-operated and serviced...Dreamed of owning income property, with $20,000 of upgrades, just completed? This 4-unit townhouse style property comprises 9 bedroom/6 baths and will EXCEED ALL your EXPECTATIONS! Each townhome has two floors with 1,000 square feet of living space, and each with its own private patio area. Unit A has 3 bedrooms/2 baths with its ensuite! UNIT B - D has 2 bedrooms/1 baths each, all with central air/heat in each unit. The four units share a community laundry room that is coin-operated and serviced by a 3rd party. For added convenience, there are 8-9 assigned parking spaces at the front of the units. The property is at the end of the cul-de-sac located behind the renovated Stater Brothers shopping center with a Canes nearby.There have been yearly rental increases, and after all expenses, there is a PROFIT! Why wait?

Listing Agent

  1. Nancy McSween

    Nancy McSween

    Listing Agent

    Compass

    DRE #01775649

    nancy.mcsween@compass.com

    P: (626)-695-4665

    CallTextEmail

Property Details for 9039 Colony Place

Architectural Style
Contemporary
View
None
Parking Spaces Total
8
Private Pool
No
Cooling Type
Central Air
Total Units
4.0
Lot Size Source
Assessor
Property Attached YN
true
LISTING UPDATED: 01/29/2026 03:48 AM

Property Details for 9039 Colony Place

StatusClosed
MLS #P1-23546
Days on Market150
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1978
Lot Size0.20 AC / 8,712 SF
CountyRiverside County
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Location

Listing Courtesy of COMPASS, Nancy McSween, DRE #01775649

Sold By First Team Real Estate, April Mota-Igualate, DRE #02218048

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Building Information for 9039 Colony Place

Stories2Residences-Year Built1978Building Size-Lot Size0.20 AC / 8,712 SF

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage1

$7,385 per month

30 year fixed, 6.46% Interest

Principal and Interest

$6,194

Property Taxes

$1,191

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 9039 Colony Place

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Gas, Electricity
Income / Expense / Tax Details
Income Details
  • Gross Income: $84,900
  • Gross Scheduled Income: $84,900
  • Net Operating Income: $3,938
  • Laundry Income: $1,200
Expense Details
  • Operating Expense: $14,856
  • Gardener Expense: $900
  • Insurance Expense: $4,513
  • Trash Expense: $2,409
  • Water Sewer Expense: $2,400
  • Total Expenses: $14,856
Tax / Assessment Info
  • Tax Lot: 6
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Curbs, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Refrigerator, Gas Water Heater, Gas Range, Gas Oven
  • Room Type: All Bedrooms Up, Living Room
  • Laundry: Yes
  • Laundry Features: Community, Individual Room
  • Laundry Equipment Own Lease: Lease
  • Fireplace Features: None
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
  • Flooring Type: Carpet, Tile, Laminate
  • Flooring: Carpet, Tile, Laminate
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Exterior Features: Balcony
  • Fence: Yes
  • Fencing: Wood
  • Foundation Details: Slab
  • Foundation Details: Slab
  • Pool Features: None
  • Spa Features: None
Land/Lot Info
  • Lot Features: Front Yard
  • Land Lease: No
  • Levels: Two
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Features: Assigned
Unit Information
Unit 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,825
  • Unit Type Total Rent: $7,075
  • Unit Type Pro Forma: 0
  • Unit Type Type: 1
  • Unit Type Description: 2 story - Townhome style
Unit 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,700
  • Unit Type Total Rent: $1,700
  • Unit Type Type: 2
  • Unit Type Description: 2 story - Townhome style
Unit 3
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,700
  • Unit Type Total Rent: $1,700
  • Unit Type Type: 3
  • Unit Type Description: 2 story - Townhouse style
Unit 4
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $1,700
  • Unit Type Total Rent: $1,700
  • Unit Type Type: 4
  • Unit Type Description: 2 story - Townhouse style
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: Yes
  • Number Of Buildings: 4
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number With Dishwasher: 1
  • Number With Disposal: 1
  • Number With Patio: 4

Property History for 9039 Colony Place

DateEvent & SourcePriceAppreciation
Jan 14, 2026

Sold

CRMLS #P1-23546

$1,230,000—
Jan 7, 2026

Pending

CRMLS #P1-23546

—
Jan 5, 2026

Sold (Public Record)

Public Record #1926124778

$1,230,000

+0.6% / yr

DateEvent & SourcePrice
01/14/2026

Sold

CRMLS #P1-23546

$1,230,000
01/07/2026

Pending

CRMLS #P1-23546

—
01/05/2026

Sold (Public Record)

Public Record #1926124778

$1,230,000

+0.6% / yr

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

Public Records for 9039 Colony Place

Taxable ValueLand$185,711Additions$1,087,738Total$1,273,449
Tax Record2025$14,296 ($1,191 / month)
Home Facts
Total Finished SqFt4,080 SqFtAbove Grade Finished SqFt4,080 SqFtStories2Lot Size8,712 SqFtStyleQuadraplexYear Built1978ZoningR3CountyRIVERSIDEAPN191-071-009

Schools near 9039 Colony Place

This home is within Riverside Unified School District.
Rating
School
Type
Grades
Distance
Jackson Elementary School
Public - K to 6
Chemawa Middle School
Public - 7 to 8
Ramona High School
Public - 9 to 12
Sunshine Special Education School
Public - 12
Rating
School
Distance
Jackson Elementary School
PublicK to 6

Chemawa Middle School
Public7 to 8

Ramona High School
Public9 to 12

Sunshine Special Education School
Public12

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 descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of COMPASS, Nancy McSween, DRE #01775649

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.