9 beds5 baths4,113 sqft$328/sqft
9079 Colony Pl, Riverside, CA 92503
Est: $7,639/moGet pre-approved

Description

Excellent investment opportunity. This well-maintained fourplex offers a desirable unit mix of three 2-bedroom, 1-bath units and one spacious 3-bedroom, 2-bath unit, providing strong rental appeal and excellent income potential. Recent property improvements include a new roof and fresh exterior paint, enhancing both curb appeal and long-term value. The property features 4 separate electric meters, 4 separate gas meters, and 1 shared water meter, making utility management efficient. Additional income...Excellent investment opportunity. This well-maintained fourplex offers a desirable unit mix of three 2-bedroom, 1-bath units and one spacious 3-bedroom, 2-bath unit, providing strong rental appeal and excellent income potential. Recent property improvements include a new roof and fresh exterior paint, enhancing both curb appeal and long-term value. The property features 4 separate electric meters, 4 separate gas meters, and 1 shared water meter, making utility management efficient. Additional income potential is provided by the community coin-operated laundry room, while 8 on-site parking spaces offer ample parking for residents. Conveniently located near shopping, dining, schools, parks, and major freeways, this income-producing property is situated in a highly desirable rental market. Whether you’re an experienced investor or looking to add a quality multifamily asset to your portfolio, 9079 Colony Place offers a combination of recent upgrades, desirable amenities, and strong long-term investment potential.
LISTING UPDATED: 07/20/2026 11:19 PM

  1. Listed by Ruby Pineda • DRE #01734964 • Brokerage DRE #01734964 • Blue Monkey Realty • 951-313-5229
  2. Listed by Elliott Polanco • DRE #02028374 • Brokerage DRE #01734964 • Blue Monkey Realty

Property Details for 9079 Colony Place

Status
MLS #
IG26158195
Days on Market
21
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income
Year Built
1978
Lot Size
0.21 AC / 9,148 SF
Parking Spaces Total
0
Private Pool
No
Cooling Type
Central Air
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
4113
Assessor Parcel Number
191-071-005
Property Attached YN
false
Common Walls
No Common Walls
New Construction
No
Average Studio Area Units
Square Feet
Average 1 Bed Area Units
Square Feet
Average 2 Bed Area Units
Square Feet
Average 3 Bed Area Units
Square Feet
Building Area Total
4113
Building Area Units
Square Feet
Stories Total
2
Entry Level
1
Fireplace
No
Pool
No
Association
No
Association Fee
$.00
Zoning
Assessor
Senior Community
No
Parcel Number
191071005
Area
Riverside (252)
Directions
Van Buren to Jackson St.

Location

Listing Courtesy of Blue Monkey Realty, Ruby Pineda, DRE #01734964; Blue Monkey Realty, Elliott Polanco, DRE #02028374
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Building Information for 9079 Colony Place

Stories2Residences-Year Built1978Building Size-Lot Size0.21 AC / 9,148 SF

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$7,639 per month

30 year fixed, 6.55% Interest

Principal and Interest

$6,862

Property Taxes

$777

HOA Dues

$0

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Property Information for 9079 Colony Place

Rental Info
Rental Info
  • Tenant Pays: All Utilities
Income / Expense / Tax Details
Income Details
  • Gross Income: $84,072
  • Gross Scheduled Income: $84,072
  • Net Operating Income: $72,972
  • Laundry Income: $1,200
Expense Details
  • Operating Expense: $11,100
  • Fuel Expense: $0
  • Electric Expense: $1,200
  • Insurance Expense: $6,900
  • Trash Expense: $2,400
  • Water Sewer Expense: $600
  • Total Expenses: $11,100
Tax / Assessment Info
  • Tax Tract Number: 8330
  • CFD/Mello-Roos Fee: $167
  • Tax Lot: 2
Community / Development
Community / Development
  • Community Features: Street Lights, Storm Drains, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Individual Room, Community
  • Laundry Equipment Own Lease: Own
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air
  • Heating Type: None
  • Heating: None
  • Heat Equipment: N/K
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Lot Features: Lot 6500-9999, Landscaped
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • 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 Garage Attached: No
  • Unit Type Actual Rent: $1,500
  • Unit Type Total Rent: $1,500
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 3
Unit 2
  • 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 Garage Attached: No
  • Unit Type Actual Rent: $1,500
  • Unit Type Total Rent: $1,500
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 4
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,806
  • Unit Type Total Rent: $1,806
  • Unit Type Pro Forma: 2800
  • Unit Type Type: 1
Unit 4
  • 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 Garage Attached: No
  • Unit Type Actual Rent: $2,200
  • Unit Type Total Rent: $2,200
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 9079 Colony Place

DateEvent & SourcePriceAppreciation
Jul 20, 2026

Listed (Active)

SDMLS #IG26158195

$1,350,000
Jul 20, 2026

Listed (Active)

CLAW #IG26158195MR

$1,350,000
Jul 20, 2026

Listed (Active)

CRMLS #IG26158195

$1,350,000
DateEvent & SourcePrice
07/20/2026

Listed (Active)

SDMLS #IG26158195

$1,350,000
07/20/2026

Listed (Active)

CLAW #IG26158195MR

$1,350,000
07/20/2026

Listed (Active)

CRMLS #IG26158195

$1,350,000

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

Public Records for 9079 Colony Place

Taxable ValueLand$150,874Additions$690,547Total$841,421
Tax Record2025$9,321 ($777 / month)
Home Facts
Total Finished SqFt4,113 SqFtAbove Grade Finished SqFt4,113 SqFtStories2Lot Size9,148 SqFtStyleQuadraplexYear Built1978Year Renovated1978ZoningR3CountyRIVERSIDEAPN191-071-005

Schools near 9079 Colony Place

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
Jackson Elementary School
PublicK to 6

Chemawa Middle School
Public7 to 8

Ramona 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.

Similar Homes

9079 Colony Place is a multi-family home for sale in Riverside, CA 92503. This property was listed for sale on July 20, 2026 by Blue Monkey Realty, it's currently listed at $1,350,000. It has been on the market for a total of 21 days and was last sold on April 13, 2018. This listing's school district is Riverside Unified School District. Nearby schools include Jackson Elementary School, Chemawa Middle School and Ramona High School. 9079 Colony Place is a 9-bed, 5-bath, 4,113 sqft multi-family home built in 1978.

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 Blue Monkey Realty, Ruby Pineda, DRE #01734964; Blue Monkey Realty, Elliott Polanco, DRE #02028374

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.