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10394 Hole Ave, Riverside, CA 92505
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10394 Hole Ave Riverside, CA 92505

$1,660,000 Sold Price as of 07/23/2021
  • 16 Beds
  • 16 Baths
  • 7,200 Sq.Ft.
Sold
$1,660,000 Sold Price as of 07/23/2021 Refinance Your Mortgage
Map preview of 10394 Hole Ave, Riverside, CA 92505

Property Overview: 10394 Hole Ave Riverside, CA has 16 bedrooms, 16 bathrooms, 7,200 living square feet and 13,939 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 10394 Hole Avenue is an 8-unit multifamily investment property located in Riverside, a premier rental market in the Inland Empire. Built in 1973, the property consists exclusively of spacious 2 bed/1.5 bath townhome units and offers amenities including open parking, on-site laundry, and private balconies. 10394 Hole Avenue is located within a 0.5 mile radius of numerous shopping centers including the Galleria at Tyler, a 1.2 million square foot shopping mall, Michaels Plaza, Tyler Street Plaza, and Magnolia Plaza, providing residents with easy access to major retailers. Additionally, the property is just 1 mile from California State Route 91, placing residents in close proximity to nearby employment hubs.

Listed by Tyler Leeson | BRE #01451551 | Marcus & Millichap RE Invest
Last checked: 11 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 50

Home details

Lot Sq. Ft
13,939
HOA Dues
$0/mo
Year built
1973
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
OC21076381
City
Riverside
County
Riverside
Time on Site
1103 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
  • # of Leased Units: 8
  • # of Electric Meters: 8
  • # of Gas Meters: 8
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 8
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $9,000
  • Total Rent: $9,000
  • Pro Forma/Market Rent: $12,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $108,000
  • Net Operating Income: $59,018
  • Gross Operating Income: $105,560
  • Vacancy Allowance: $3,240
  • Other Income 1: $800
  • Other Income Description: Miscellaneous
Annual Expense Breakdown
  • Total Operating Expense: $46,542
  • Electric: $2,203
  • Gas/Fuel: $2,203
  • New Taxes: $19,719
  • Trash: $2,203
  • Insurance: $3,600
  • Maintenance: $5,200
  • Professional Management: $4,222
  • Water/Sewer: $2,203
  • Other Expenses: $4,989
  • Other Expense Description: Misc

Property Details for 10394 Hole Ave

Interior Features
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 15
Lot Information
  • Lot Features: Level
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 8
  • Parcel Number: 143202001
  • 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: Cross Streets: Hole Avenue & Bonita Avenue
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Riverside Agent

Sale History for 10394 Hole Ave

Last sold for $1,660,000 on July 23rd, 2021

  • July, 2021

  • Jul 23, 2021

    Date

    Sold

    CRMLS: OC21076381

    $1,660,000

    Price

  • Jun 16, 2021

    Date

    Pending

    CRMLS: OC21076381

    $1,699,000

    Price

  • Jun 2, 2021

    Date

    Active Under Contract

    CRMLS: OC21076381

    $1,699,000

    Price

  • May 7, 2021

    Date

    Price Change

    CRMLS: OC21076381

    $1,699,000

    Price

  • Apr 22, 2021

    Date

    Price Change

    CRMLS: OC21076381

    $1,795,000

    Price

  • Apr 12, 2021

    Date

    Active

    CRMLS: OC21076381

    $1,875,000

    Price

  • November, 2008

  • Nov 21, 2008

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • January, 2000

  • Jan 14, 2000

    Date

    Sold (Public Records)

    Public Records

    $63,000

    Price

Show More

Tax History for 10394 Hole Ave

Assessed Value (2020): $608,204
Year Land Value Improved Value Assessed Value
2020 $176,355 $431,849 $608,204

Home Value Compared to the Market

This property vs the competition

10394 Hole Ave sold on July 23, 2021 for 151.7% higher than the current median sold price for the city of Riverside which is $675,000. The median sold price per/sqft for Riverside is $373 and this home is sold at $235.97 per/sqft which puts the price per square foot 36.74% lower than the current median sale per square foot for the city of Riverside.

About 10394 Hole Ave

Detailed summary of property

10394 Hole Ave is a multi family that recently sold in Riverside, CA 92505. This multi family property offered 16 bedrooms, 16 bathrooms, roughly 7,200 living square feet, and sits on an approximately 13,939 square foot lot. 10394 Hole Ave was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $1,660,000. Home in Riverside are selling for a median price of $675,000 and a median price per square foot of $373. Based on Ardent Real Estate Group's Riverside Market Data, this home is sold 151.7% higher than the current median priced home. Local homes that are currently for sale include 2325 Angela St, 1379 S Gibbs St and 545 S Ranch View Circle. While the average home in Riverside, CA is selling in 48 days, 10394 Hole Ave has a days on market of 50 days. There are currently 708 homes for sale in the Riverside real estate market and 658 of them are single family homes while 44 of them are condos and 6 are townhomes. For more information on this home for sale at 10394 Hole Ave Riverside, CA 92505 contact Ardent Real Estate Group and we will put you in touch with one of our Riverside agents.

Public Facts for 10394 Hole Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
13,939
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Riverside
Lot#
15,16
APN
143-202-001

The source for these homes facts are from public records.

92505 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$669,888
Median List Price/Sq.Ft.
$367
Median Sold Price
$700,000
Median Sold Price/Sq.Ft.
$333
Total Inventory
66
Median Sale to List Price %
103.7%
Avg Days on Market
23
Loan Type
Conventional (52.63%), FHA (15.79%), VA (5.26%), Cash (26.32%), Other (0%)

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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