3459 Chestnut Street

Riverside, CA 92501

$1,195,000
Price
8
Beds
7
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Property Details for 3459 Chestnut Street

StatusActive
MLS #AR19218524
Year Built1956
DOM34
Compass TypeTownhouse
MLS TypeResidential Income
Lot Size0.16 AC / 6,959 SF
Taxes-
Condo/Co-op Fees-
HOA Fees-
CountyRiverside County

Listing Agent

Rao Yalamanchili

Positive Investments

rao@positiveinvestments.com

P: 626.321.4800

M: 818.370.7806

DRE #01100962

Contact Agent(s)

Property Details for 3459 Chestnut Street

Parking Spaces Total
0
Private Pool
No

Description

Huge Price Reduction. Highly Motivated Seller. Property has 7 units(6 - one bedroom one bath and 1- two bedroom , 1 bath) and is located in the Downtown area. Close to 91 and 60 freeways. Walkable distance to major facilities. Close to restaurants, public transportation, hotels, museum, schools, convention center, entertainment , and art galleries. All units are occupied. Units are separately metered for gas and electricity. Very easy to maintain.

Location

Listing Courtesy of Positive Investments, Rao Yalamanchili, DRE #01100962

Building Information for 3459 Chestnut Street

Stories-Residences-Year Built1956Building Size-Lot Size0.16 AC / 6,959 SF

Payment Calculator

$4,298 per month

30 year fixed, 3.51% Interest

Principal and Interest

$4,298

Property Taxes

HOA Dues

$0

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Property Information for 3459 Chestnut Street

Property Features
    Interior Features
  • Common Walls: 2+ Common Walls
  • Laundry: No
  • Laundry Features: None
    Exterior Features
  • Fence: Yes
  • Fencing: Security, Wrought Iron
  • Pool Features: None
    Parking Info
  • Garage Spaces: 0
    Water Details
  • Water Source: Public
Property / Structure Info
    Property / Structure Info
  • New Construction: No
  • Parcel Number: 214141012
  • Property Attached: Yes
  • Property Type: Residential Income
  • Year Built: 1956
  • Year Built Source: Assessor
    Measurements / Dimensions
  • Building Area Total: 4300
  • Building Area Units: Square Feet
Community/Development / Location Info
    School/Location Info
  • County Or Parish: Riverside
  • Directions: 5th St and Chestnut St
  • MLS Area Major: Riverside (252)
    Association Information
  • Community Features: Urban
  • Senior Community: No
Income / Expense / Tax / Assessment Details
    Tax / Assessment Info
  • Tax Census Tract: 303.00
  • Tax Block: 4
  • Tax Lot: 10
  • Tax Tract Number: 0
  • Zoning: R3
    Income Details
  • Gross Income: $86,568
  • Gross Scheduled Income: $86,568
  • Net Operating Income: $64,868
    Expense Details
  • Electric Expense: $500
  • Fuel Expense: $0
  • Insurance Expense: $3,600
  • New Taxes Expense: $14,000
  • Operating Expense: $21,700
  • Professional Management Expense: $0
  • Total Expenses: $21,700
  • Trash Expense: $2,400
  • Water Sewer Expense: $1,200
Unit Information
    Unit 1
  • Unit Type Actual Rent: $1,355
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 1355
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $1,355
  • Unit Type Type: 1
    Unit 2
  • Unit Type Actual Rent: $975
  • Unit Type Garage Spaces: 0
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 975
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $975
  • Unit Type Type: 2
    Unit 3
  • Unit Type Actual Rent: $986
  • Unit Type Garage Spaces: 0
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 986
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $986
  • Unit Type Type: 3
    Unit 4
  • Unit Type Actual Rent: $975
  • Unit Type Garage Spaces: 0
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 975
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $975
  • Unit Type Type: 4
    Unit 5
  • Unit Type Actual Rent: $962
  • Unit Type Garage Spaces: 0
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 962
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $962
  • Unit Type Type: 5
    Unit 6
  • Unit Type Actual Rent: $975
  • Unit Type Garage Spaces: 0
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 975
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $975
  • Unit Type Type: 6
    Unit 7
  • Unit Type Actual Rent: $986
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 986
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $986
  • Unit Type Type: 7
    Multi-Unit Info
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 8
  • 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
Rental Info
    Rental Info
  • Rent Controlled: No
Land/Lot Info
    Land/Lot Info
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Landscaped, Lot 6500-9999, Near Public Transit, Sprinkler System, Sprinklers In Front, Yard
  • Lot Size Acres: .16
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6959
  • Lot Size Units: Square Feet
  • Road Frontage Type: City Street
  • Sewer: Public Sewer

Property History for 3459 Chestnut Street

DateEvent & SourcePriceAppreciation
Oct 7, 2019Price Change

CRMLS #AR19218524

$1,195,000
Sep 13, 2019Listed (Active)

CRMLS #AR19218524

$1,240,000
Apr 2, 2019Sold (Public Records)

Public Record #641947330

$842,000
DateEvent & SourcePrice
10/07/2019
Price Change

CRMLS #AR19218524

$1,195,000
09/13/2019
Listed (Active)

CRMLS #AR19218524

$1,240,000
04/02/2019
Sold (Public Records)

Public Record #641947330

$842,000

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

Public Records for 3459 Chestnut Street

Taxable ValueLand$81,039Additions$236,381Total$317,420
Tax Record2018$3,855
Home Facts
StyleMulti-Family Dwelling (2-4)ZoningR3CountyRIVERSIDEAPN214141012

Schools near 3459 Chestnut Street

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Bryant Elementary SchoolPublicK-60.3 mi
5
Encore High School For The Arts - RiversideCharter7-120.4 mi
4
Riverside VirtualPublicK-120.7 mi
9
St. Francis De Sales SchoolPrivatePK-80.8 mi
NR

Bryant Elementary School

K-6, 0.3 mi, Public

5

Encore High School For The Arts - Riverside

7-12, 0.4 mi, Charter

4

Riverside Virtual

K-12, 0.7 mi, Public

9

St. Francis De Sales School

PK-8, 0.8 mi, Private

NR

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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3459 Chestnut Street is a townhouse for sale in Riverside, CA 92501. This property was listed for sale on September 13, 2019 by Positive Investments at $1,195,000. It has been on the market for a total of 34 days and was last sold on April 2, 2019. Nearby schools include Abraham Lincoln Continuation School, Polytechnic High School and Raincross High (Continuation) School. 3459 Chestnut Street is a 8-bed, 7-bath, townhouse built in 1956.

All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements and Compass expressly disclaims any liability in connection with such measurements.
Listing Courtesy of Positive Investments, Rao Yalamanchili, DRE #01100962
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