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1383 Villa St, Riverside, CA 92507
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1383 Villa St Riverside, CA 92507

$665,000 Sold Price as of 03/11/2022
  • 5 Beds
  • 4 Baths
  • 2,400 Sq.Ft.
Sold
$665,000 Sold Price as of 03/11/2022 Refinance Your Mortgage
Map preview of 1383 Villa St, Riverside, CA 92507

Property Overview: 1383 Villa St Riverside, CA has 5 bedrooms, 4 bathrooms, 2,400 living square feet and 7,405 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great opportunity for first time home buyers or investors, in the heart of Riverside conveniently located close to freeways, 215, 10 and 15, a couple of miles North the Box Spring Mountain Reserve Park is located, Grand Terrace High School and Groceries stores. 3 units have one bedroom and one bathroom, the fourth unit has 2 bedroom and one bath, it is located in separate building on above the 4 garages (see photos), there are 5 open parking spaces on the back of the building accessed through the alley. Drive by only. Seller will not do any repair except those required by the lender - Seller will not as the tenants to vacate the apartments. – PROPERTY IS SOLD AS IS - – PROPERTY IS SOLD AS IS - – PROPERTY IS SOLD AS IS -– PROPERTY IS SOLD AS IS – DO NOT DISTURBE THE TENANTS- DRIVE BY ONLY-

Listed by Kenneth Conejo | BRE #01062524 | Kenneth Conejo, Broker
Last checked: 9 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 13

Home details

Lot Sq. Ft
7,405
HOA Dues
$0/mo
Year built
1957
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
IG22021115
City
Riverside
County
Riverside
Time on Site
882 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $950
  • Total Rent: $950
  • Pro Forma/Market Rent: $1,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $950
  • Total Rent: $950
  • Pro Forma/Market Rent: $1,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $850
  • Total Rent: $850
  • Pro Forma/Market Rent: $1,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $47,400
  • Net Operating Income: $38,952
  • Gross Operating Income: $46,452
  • Vacancy Allowance: $948
Annual Expense Breakdown
  • Total Operating Expense: $7,500
  • Trash: $660
  • Gardener: $840
  • Insurance: $1,487
  • Maintenance: $2,040
  • Water/Sewer: $1,200

Property Details for 1383 Villa St

Interior Features
Heating Information
  • Has Heating
  • Central, Forced Air
Laundry Information
  • No Laundry
  • None
Room Information
  • Flooring: Carpet, Vinyl
Interior Features
  • 2 Staircases
  • Levels: One, Two
Exterior Features
Exterior Information
  • Roof: Composition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Garage Faces Side, Garage - Single Door
Lot Information
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Level
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 247081011
  • Year Built Source: Assessor
  • Architectural Style: Contemporary
  • Foundation Details: Slab
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Cesspool
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Get on CA-91 E to Highgrove. Take exit 36 from I-215 N, Continue onto I-215 N, Take exit 36 toward Center St.Continue on E La Cadena Dr. Drive to Villa St.Sharp right onto E La Cadena Dr. Turn left onto Villa St
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Riverside Agent

Sale History for 1383 Villa St

Last sold for $665,000 on March 11th, 2022

  • February, 2022

  • Feb 28, 2022

    Date

    Pending

    CRMLS: IG22021115

    $675,000

    Price

  • Feb 17, 2022

    Date

    Hold

    CRMLS: IG22021115

    $675,000

    Price

  • Feb 4, 2022

    Date

    Pending

    CRMLS: IG22021115

    $675,000

    Price

  • July, 2017

  • Jul 7, 2017

    Date

    Sold (Public Records)

    Public Records

    $460,000

    Price

  • September, 2006

  • Sep 29, 2006

    Date

    Sold (Public Records)

    Public Records

    $445,500

    Price

Show More

Tax History for 1383 Villa St

Assessed Value (2020): $478,584
Year Land Value Improved Value Assessed Value
2020 $192,474 $286,110 $478,584

Home Value Compared to the Market

This property vs the competition

1383 Villa St sold on March 11, 2022 for 1.5% 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 $281.25 per/sqft which puts the price per square foot 24.6% lower than the current median sale per square foot for the city of Riverside.

About 1383 Villa St

Detailed summary of property

1383 Villa St is a fourplex that recently sold in Riverside, CA 92507. This fourplex offered 5 bedrooms, 4 bathrooms, roughly 2,400 living square feet, and sits on an approximately 7,405 square foot lot. 1383 Villa St was first listed on ArdentRealEstateGroup.com on February 3, 2022. The homeowner sold the property for $665,000. 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 1.5% higher than the current median priced home. Local homes that are currently for sale include 5102 Ithaca Ave, 4032 City Terrace Dr and 120 S Sunol Dr. While the average home in Riverside, CA is selling in 48 days, 1383 Villa St has a days on market of 13 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 1383 Villa St Riverside, CA 92507 contact Ardent Real Estate Group and we will put you in touch with one of our Riverside agents.

Public Facts for 1383 Villa St

Public county record property details
Beds
--
Baths
--
Year built
1957
Sq. Ft.
--
Lot Size
7,405
Stories
1
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Riverside
Lot#
2
APN
247-081-011

The source for these homes facts are from public records.

92507 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$649,990
Median List Price/Sq.Ft.
$360
Median Sold Price
$633,000
Median Sold Price/Sq.Ft.
$380
Total Inventory
138
Median Sale to List Price %
99.69%
Avg Days on Market
22
Loan Type
Conventional (57.5%), FHA (5%), VA (2.5%), Cash (30%), Other (2.5%)

Thinking of Selling?

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Recently Sold Homes Near 1383 Villa St

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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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