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10234 Gould St, Riverside, CA 92503
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10234 Gould St Riverside, CA 92503

$3,250,000 Sold Price as of 10/26/2021
  • 14 Beds
  • 26 Baths
  • 12,120 Sq.Ft.
Sold
$3,250,000 Sold Price as of 10/26/2021 Refinance Your Mortgage
Map preview of 10234 Gould St, Riverside, CA 92503

Property Overview: 10234 Gould St Riverside, CA has 14 bedrooms, 26 bathrooms, 12,120 living square feet and 44,866 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 10234 Gould Street is a 26-unit multifamily investment property located in Riverside, a premier rental market in the Inland Empire. Built in 1957, the property consists of 14, studio units, 10, one-bedroom units, and 2, two-bedroom units. 10234 Gould Street offers amenities including open parking, single-story construction, on-site laundry, security doors, and private patios. 10234 Gould Street has an excellent location in northwestern Riverside, nearly equidistant from Corona and Downtown Riverside.

Listed by Tyler Leeson | BRE #01451551 | Marcus & Millichap RE Invest
Last checked: 9 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 49

Home details

Lot Sq. Ft
44,866
HOA Dues
$0/mo
Year built
1957
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
OC21114157
City
Riverside
County
Riverside
Time on Site
1135 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 26
  • Total # of Buildings: 7
  • # of Leased Units: 26
  • # of Electric Meters: 26
  • # of Gas Meters: 26
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 8
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $6,145
  • Total Rent: $6,145
  • Pro Forma/Market Rent: $7,160
Unit Breakdown 2
  • # of Units: 6
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $4,560
  • Total Rent: $4,560
  • Pro Forma/Market Rent: $5,370
Unit Breakdown 3
  • # of Units: 10
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $8,650
  • Total Rent: $8,650
  • Pro Forma/Market Rent: $11,950
Unit Breakdown 4
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,915
  • Total Rent: $1,915
  • Pro Forma/Market Rent: $2,990
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $255,240
  • Net Operating Income: $140,608
  • Gross Operating Income: $249,983
  • Vacancy Allowance: $7,657
  • Other Income 1: $2,400
  • Other Income Description: Miscellaneous
Annual Expense Breakdown
  • Total Operating Expense: $109,374
  • Electric: $3,194
  • Gas/Fuel: $3,194
  • New Taxes: $46,368
  • Trash: $3,194
  • Insurance: $7,057
  • Maintenance: $13,000
  • Professional Management: $9,999
  • Water/Sewer: $3,194
  • Other Expenses: $20,174
  • Other Expense Description: Misc

Property Details for 10234 Gould St

Interior Features
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 40
Lot Information
  • Lot Features: Level
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 26
  • Parcel Number: 150102004
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Nearby Cross Streets: Tyler Street & Gould Street
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Riverside Agent

Sale History for 10234 Gould St

Last sold for $3,250,000 on October 26th, 2021

  • October, 2021

  • Oct 27, 2021

    Date

    Sold

    CRMLS: OC21114157

    $3,250,000

    Price

  • Jul 23, 2021

    Date

    Pending

    CRMLS: OC21114157

    $3,995,000

    Price

  • Jul 15, 2021

    Date

    Active Under Contract

    CRMLS: OC21114157

    $3,995,000

    Price

  • Jul 6, 2021

    Date

    Price Change

    CRMLS: OC21114157

    $3,995,000

    Price

  • May 27, 2021

    Date

    Active

    CRMLS: OC21114157

    $4,290,000

    Price

  • April, 2021

  • Apr 12, 2021

    Date

    Expired

    CRMLS: IV20215564

    $3,500,000

    Price

  • Jan 11, 2021

    Date

    Withdrawn

    CRMLS: IV20215564

    $3,500,000

    Price

  • Dec 6, 2020

    Date

    Price Change

    CRMLS: IV20215564

    $3,500,000

    Price

  • Oct 13, 2020

    Date

    Active

    CRMLS: IV20215564

    $3,999,900

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to present this 26 unit single level offering in the La Sierra neighborhood of Riverside, CA. This unique offering consists of (14) Studios, (10) 1 Bedroom / 1 Bath units, and (2) 2 Bedroom / 1 Bath units totaling approximately 12,120 square feet. All units are separately metered for gas and electricity. This seven building offering sits on a 44,867 sq-ft lot and features 38 parking spaces, private patios, and a beautiful courtyard. The apartment homes feature a spacious, well designed floor-plans. This offering presents an opportunity for an investor to acquire a very well-maintained stable asset in the desirable rental market of Riverside. The location offers high visibility in an area known for its strong tenancy, good rent growth, and a historically high occupancy rate. Rents are currently below market offering upside potential of approximately 7%.

  • July, 2013

  • Jul 1, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • November, 2008

  • Nov 21, 2008

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 10234 Gould St

Assessed Value (2020): $927,162
Year Land Value Improved Value Assessed Value
2020 $361,880 $565,282 $927,162

Home Value Compared to the Market

This property vs the competition

10234 Gould St sold on October 26, 2021 for 500.75% higher than the current median sold price for the city of Riverside which is $665,000. The median sold price per/sqft for Riverside is $373 and this home is sold at $329.62 per/sqft which puts the price per square foot 11.63% lower than the current median sale per square foot for the city of Riverside.

About 10234 Gould St

Detailed summary of property

10234 Gould St is a multi family that recently sold in Riverside, CA 92503. This multi family property offered 14 bedrooms, 26 bathrooms, roughly 12,120 living square feet, and sits on an approximately 44,866 square foot lot. 10234 Gould St was first listed on ArdentRealEstateGroup.com on May 27, 2021. The homeowner sold the property for $3,250,000. Home in Riverside are selling for a median price of $665,000 and a median price per square foot of $373. Based on Ardent Real Estate Group's Riverside Market Data, this home is sold 500.75% higher than the current median priced home. Local homes that are currently for sale include 283 Dolphin Way, 1532 Miramar Drive and 1532 Miramar Drive. While the average home in Riverside, CA is selling in 48 days, 10234 Gould St has a days on market of 49 days. There are currently 738 homes for sale in the Riverside real estate market and 681 of them are single family homes while 47 of them are condos and 10 are townhomes. For more information on this home for sale at 10234 Gould St Riverside, CA 92503 contact Ardent Real Estate Group and we will put you in touch with one of our Riverside agents.

Public Facts for 10234 Gould St

Public county record property details
Beds
--
Baths
--
Year built
1957
Sq. Ft.
--
Lot Size
44,866
Stories
1
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Riverside
Lot#
2
APN
150-102-004

The source for these homes facts are from public records.

92503 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$659,900
Median List Price/Sq.Ft.
$391
Median Sold Price
$660,000
Median Sold Price/Sq.Ft.
$367
Total Inventory
139
Median Sale to List Price %
98.51%
Avg Days on Market
22
Loan Type
Conventional (55.1%), FHA (22.45%), VA (4.08%), Cash (14.29%), Other (4.08%)

Thinking of Selling?

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Recently Sold Homes Near 10234 Gould St

10235 Gould St, Riverside, CA 92503
$579,000 Last Sold Price
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3 Baths
2700 Sq.Ft.
10235 Gould St
Riverside, CA 92503
6158 Tyler St, Riverside, CA 92503
$880,000 Last Sold Price
8 Beds
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7 Beds
3 Baths
3740 Sq.Ft.
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6454 Tyler St, Riverside, CA 92503
$315,000 Last Sold Price
3 Beds
2 Baths
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6454 Tyler St
Riverside, CA 92503

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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