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10260 Cook Ave, Riverside, CA 92503
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10260 Cook Ave Riverside, CA 92503

$1,495,000 Sold Price as of 06/27/2024
  • 16 Beds
  • 4 Baths
  • -- Sq.Ft.
Sold
$1,495,000 Sold Price as of 06/27/2024 Refinance Your Mortgage
Map preview of 10260 Cook Ave, Riverside, CA 92503

Property Overview: 10260 Cook Ave Riverside, CA has 16 bedrooms, 4 bathrooms, -- living square feet and 19,300 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to this exceptional property! Consisting of four units, each offering four bedrooms and one bath, this multi-family property boasts a spacious layout and sits on a generously sized lot. With ample space at the rear, there's an opportunity to add two 4 bedroom 1,200 square foot Accessory Dwelling Units (ADUs), as well as convert one of the garages into a two-bedroom unit. Currently, each unit brings $2,800 in rent.

Listed by Katsiaryna Stsefaniak | BRE #01983334 | HNM Realty
Last checked: 10 minutes ago | Last updated: June 27th, 2024 | Source CRMLS | DOM: 18

Home details

Lot Sq. Ft
19,300
HOA Dues
$0/mo
Year built
1955
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
240010566SD
City
Riverside
County
Riverside
Time on Site
46 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 4
  • # of Baths: 1
  • Actual Rent: $2,800
  • Total Rent: --
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: --
  • # of Beds: 4
  • # of Baths: 1
  • Actual Rent: $2,800
  • Total Rent: --
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 3
  • # of Units: --
  • # of Beds: 4
  • # of Baths: 1
  • Actual Rent: $2,800
  • Total Rent: --
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 4
  • # of Units: --
  • # of Beds: 4
  • # of Baths: 1
  • Actual Rent: $2,800
  • Total Rent: --
  • Pro Forma/Market Rent: $2,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.7%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $134,400
  • Net Operating Income: $100,500
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 10260 Cook Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Natural Gas
Kitchen Information
  • Has Appliances
  • Gas Water Heater
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Spa
  • Spa Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Size Source: Appraiser
Property Information
  • Has View
  • View: None
  • Total # of Units: 4
  • Parcel Number: 147332018
Location / Neighborhood
Location Information
  • Directions: CrossStreet: Tyler St & Cook Ave
View more facts & features

Local Riverside Agent

Sale History for 10260 Cook Ave

Last sold for $1,495,000 on June 27th, 2024

  • June, 2024

  • Jun 27, 2024

    Date

    Sold

    CRMLS: 240010566SD

    $1,495,000

    Price

  • May 13, 2024

    Date

    Active

    CRMLS: 240010566SD

    $1,445,000

    Price

  • May, 2023

  • May 4, 2023

    Date

    Sold

    CRMLS: CV22224574

    $880,000

    Price

  • Nov 21, 2022

    Date

    Active

    CRMLS: CV22224574

    $1,000,000

    Price

  • Listing provided courtesy of CRMLS

    Calling all investors looking for a multi-family property with upside potential! Current rent is below market at $1,070 per unit. Recent rental data for the area suggests a mid-range market rent of $2,100+ per month for 4-bedroom units in the 1,100 to 1,200 square foot range. All four units have four bedrooms and one bathroom. All tenants are month-to-month, and a rental activity report for the area is available upon request. 60-Day notices for termination of tenancy were issued to all tenants on 2/23/2023. A large portion of the lot is still undeveloped, which could possibly be used to create more revenue. The two units nearest to Cook Avenue have fenced yards, and all the units have detached, 2-car garages. Currently, the water is all on one meter, and all other utilities are metered separately. The units are in average condition inside, and the exterior could use a coat of paint, some dry rot repair on the wood, and some nicer landscaping. A video of one of the units is available upon request. This location boasts tons of convenient amenities, including multiple grocery stores, Walmart, Lowe’s, the AMC theater, Challen Park, El Dorado Park, public schools, and North-West College Riverside all within six minutes’ drive or less, per Google. The property appraised in December 2022 for $1,000,000.

  • December, 2004

  • Dec 31, 2004

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 10260 Cook Ave

Assessed Value (2020): $253,923
Year Land Value Improved Value Assessed Value
2020 $89,243 $164,680 $253,923

Home Value Compared to the Market

This property vs the competition

10260 Cook Ave sold on June 27, 2024 for 118.94% higher than the current median sold price for the city of Riverside which is $660,000.

About 10260 Cook Ave

Detailed summary of property

10260 Cook Ave is a multi family that recently sold in Riverside, CA 92503. This multi family property offered 16 bedrooms, 4 bathrooms, roughly -- living square feet, and sits on an approximately 19,300 square foot lot. 10260 Cook Ave was first listed on ArdentRealEstateGroup.com on May 13, 2024. The homeowner sold the property for $1,495,000. Home in Riverside are selling for a median price of $660,000 and a median price per square foot of $361. Based on Ardent Real Estate Group's Riverside Market Data, this home is sold 118.94% higher than the current median priced home. Local homes that are currently for sale include 16591 E Buena Vista Ave, 17061 Whitby Cir and 1210 S Athena Way. While the average home in Riverside, CA is selling in 49 days, 10260 Cook Ave has a days on market of 18 days. There are currently 745 homes for sale in the Riverside real estate market and 686 of them are single family homes while 50 of them are condos and 9 are townhomes. For more information on this home for sale at 10260 Cook Ave Riverside, CA 92503 contact Ardent Real Estate Group and we will put you in touch with one of our Riverside agents.

Public Facts for 10260 Cook Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
19,166
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Riverside
Lot#
2
APN
147-332-018

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.
$385
Median Sold Price
$675,000
Median Sold Price/Sq.Ft.
$361
Total Inventory
140
Median Sale to List Price %
103.85%
Avg Days on Market
30
Loan Type
Conventional (52.38%), FHA (14.29%), VA (9.52%), Cash (14.29%), Other (7.14%)

Thinking of Selling?

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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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