16380 Gamble Ave, Riverside, CA 92508
Image 2 for 16380 Gamble Ave, Riverside, CA 92508
Image 3 for 16380 Gamble Ave, Riverside, CA 92508
View Photos

16380 Gamble Ave Riverside, CA 92508

$799,000 Sold Price as of 04/20/2022
  • 6 Beds
  • 3 Baths
  • 2,340 Sq.Ft.
Sold
$799,000 Sold Price as of 04/20/2022 Refinance Your Mortgage

Map preview of 16380 Gamble Ave, Riverside, CA 92508

Property Overview: 16380 Gamble Ave Riverside, CA has 6 bedrooms, 3 bathrooms, 2,340 living square feet and 23,087 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Spectacular opportunity to acquire 3 units in the Woodcrest area (2 bedroom 1 bath units) situated on a huge lot 1/2 acre approximately 23086 sq. ft. with the possible opportunity to build additional units on fenced off area (check city, county zoning). Updated triplex remodeled. Long term tenants will remain as tenants at close of escrow.. Newer copper plumbing and roof approximately 10 years old. End unit currently is being remodeled with Pergo non/ dent, non /scratch flooring. Newer facia board exterior roof. Possible truck parking or storage via main street. Rent increase for second unit April 1st. Great location close to all services and schools.

Listed by ERNESTO LIVINGSTONE | BRE #01270885 | LIVINGSTONE REALTY GROUP
Last checked: 3 minutes ago | Last updated: April 20th, 2022 | Source CRMLS | DOM: 10

Home details

Lot Sq. Ft
23,087
HOA Dues
$0/mo
Year built
1965
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
IV22032720
City
Riverside
County
Riverside
Time on Site
803 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,070
  • Total Rent: $1,070
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 0%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $40,560
  • Net Operating Income: $40,200
  • Gross Operating Income: $40,560
  • Gross Spendable Income: $0
  • # of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
  • Laundry Income: $0
  • Other Income 1: $0
  • Other Income 2: $0
Annual Expense Breakdown
  • Total Operating Expense: $360
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $925
  • Maintenance: $360
  • Professional Management: $0
  • Water/Sewer: $840

Property Details for 16380 Gamble Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Laminate
  • All Bedrooms Down
Kitchen Information
  • Has Appliances
  • Gas Oven, Gas Cooktop
Interior Features
  • Copper Plumbing Full
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Shingle
  • Has Fence
  • Chain Link
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 274150001
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Conventional Septic
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected
Location / Neighborhood
Location Information
  • Directions: Van Buren East/ Gamble
  • Road Frontage Type: City Street
  • Road Surface Type: Gravel, Paved
Neighborhood Information
  • Community Features: Suburban
View more facts & features

Local Riverside Agent

Loading...

Sale History for 16380 Gamble Ave

Last sold for $799,000 on April 20th, 2022
  • April, 2022

  • Apr 20, 2022

    Date

    Sold

    CRMLS: IV22032720

    $799,000

    Price

  • Feb 18, 2022

    Date

    Active

    CRMLS: IV22032720

    $799,000

    Price

Tax History for 16380 Gamble Ave

Assessed Value (2020): $123,370
Year Land Value Improved Value Assessed Value
2020 $31,822 $91,548 $123,370

Home Value Compared to the Market

This property vs the competition

16380 Gamble Ave sold on April 20, 2022 for 22.92% higher than the current median sold price for the city of Riverside which is $650,000. The median sold price per/sqft for Riverside is $383 and this home is sold at $341.45 per/sqft which puts the price per square foot 10.85% lower than the current median sale per square foot for the city of Riverside.

About 16380 Gamble Ave

Detailed summary of property

16380 Gamble Ave is a multi family that recently sold in Riverside, CA 92508. This multi family property offered 6 bedrooms, 3 bathrooms, roughly 2,340 living square feet, and sits on an approximately 23,087 square foot lot. 16380 Gamble Ave was first listed on ArdentRealEstateGroup.com on February 19, 2022. The homeowner sold the property for $799,000. Home in Riverside are selling for a median price of $650,000 and a median price per square foot of $383. Based on Ardent Real Estate Group's Riverside Market Data, this home is sold 22.92% higher than the current median priced home. Local homes that are currently for sale include 256 E Temple St, 8383 Hemlock Ave and 1528 N F St. While the average home in Riverside, CA is selling in 49 days, 16380 Gamble Ave has a days on market of 10 days. There are currently 652 homes for sale in the Riverside real estate market and 614 of them are single family homes while 33 of them are condos and 5 are townhomes. For more information on this home for sale at 16380 Gamble Ave Riverside, CA 92508 contact Ardent Real Estate Group and we will put you in touch with one of our Riverside agents.

Public Facts for 16380 Gamble Ave

Public county record property details
Beds
6
Baths
3
Year built
1965
Sq. Ft.
2,340
Lot Size
23,086
Stories
1
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Riverside
Lot#
48
APN
274-150-001

The source for these homes facts are from public records.

92508 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$774,999
Median List Price/Sq.Ft.
$301
Median Sold Price
$716,500
Median Sold Price/Sq.Ft.
$333
Total Inventory
74
Median Sale to List Price %
98.69%
Avg Days on Market
29
Loan Type
Conventional (54.17%), FHA (0%), VA (8.33%), Cash (25%), Other (12.5%)

Thinking of Selling?


Image Description
Is this your property?
Thinking of Selling?

Call, Text or Message

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.