1864 12Th St, Riverside, CA 92507
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1864 12Th St Riverside, CA 92507

$4,838,000 Sold Price as of 04/24/2024
  • 48 Beds
  • 56 Baths
  • 1 Sq.Ft.
Sold
$4,838,000 Sold Price as of 04/24/2024 Refinance Your Mortgage

Map preview of 1864 12Th St, Riverside, CA 92507

Property Overview: 1864 12Th St Riverside, CA has 48 bedrooms, 56 bathrooms, 1 living square feet and 1,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Listed by SEAN HWANGBO | BRE #01945497 | REALTY ONE GROUP WEST
Last checked: 11 minutes ago | Last updated: April 25th, 2024 | Source CRMLS | DOM: 314

Home details

Lot Sq. Ft
1,000
HOA Dues
$0/mo
Year built
1990
Garage
--
Property Type:
Apartment
Status
Sold
MLS#
CV23054593
City
Riverside
County
Riverside
Time on Site
408 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 20
  • Total # of Buildings: 1
  • # of Leased Units: 20
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 6
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $11,372
  • Total Rent: $11,372
  • Pro Forma/Market Rent: $11,700
Unit Breakdown 2
  • # of Units: 6
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $10,630
  • Total Rent: $10,630
  • Pro Forma/Market Rent: $12,000
Unit Breakdown 3
  • # of Units: 6
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $11,418
  • Total Rent: $11,418
  • Pro Forma/Market Rent: $11,700
Unit Breakdown 4
  • # of Units: 6
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $10,630
  • Total Rent: $10,630
  • Pro Forma/Market Rent: $12,000
Unit Breakdown 5
  • # of Units: 20
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1
  • Total Rent: $1
  • Pro Forma/Market Rent: $1
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 1%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $1
  • Net Operating Income: $1
  • Gross Operating Income: --
  • Laundry Income: $1
Annual Expense Breakdown
  • Total Operating Expense: $1
  • Trash: $1
  • Insurance: $1
  • Professional Management: $1

Property Details for 1864 12Th St

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Other
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 20
  • Parcel Number: 221161010
  • Year Built Source: Other
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
  • Water Source: Other
Location / Neighborhood
Location Information
  • Directions: .
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Riverside Agent

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Sale History for 1864 12Th St

Last sold for $4,838,000 on April 24th, 2024
  • April, 2024

  • Apr 24, 2024

    Date

    Sold

    CRMLS: CV23054593

    $4,838,000

    Price

  • Apr 4, 2023

    Date

    Active

    CRMLS: CV23054593

    $5,288,000

    Price

  • November, 2019

  • Nov 14, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • October, 2014

  • Oct 24, 2014

    Date

    Sold (Public Records)

    Public Records

    $2,270,000

    Price

Show More

Tax History for 1864 12Th St

Assessed Value (2020): $2,494,587
Year Land Value Improved Value Assessed Value
2020 $708,813 $1,785,774 $2,494,587

Home Value Compared to the Market

This property vs the competition

1864 12Th St sold on April 24, 2024 for 633.33% 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 $4950000 per/sqft which puts the price per square foot 1326977.75% higher than the current median sale per square foot for the city of Riverside.

About 1864 12Th St

Detailed summary of property

1864 12Th St is a apartment that recently sold in Riverside, CA 92507. This apartment offered 48 bedrooms, 56 bathrooms, roughly 1 living square feet, and sits on an approximately 1,000 square foot lot. 1864 12Th St was first listed on ArdentRealEstateGroup.com on April 4, 2023. The homeowner sold the property for $4,838,000. 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 633.33% higher than the current median priced home. Local homes that are currently for sale include 1809 West Bay Ave, 410 Clubhouse Ave and 4015 Marcus Ave. While the average home in Riverside, CA is selling in 48 days, 1864 12Th St has a days on market of 314 days. There are currently 681 homes for sale in the Riverside real estate market and 631 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 1864 12Th 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 1864 12Th St

Public county record property details
Beds
--
Baths
--
Year built
1990
Sq. Ft.
--
Lot Size
32,670
Stories
2
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Riverside
Lot#
17,18
APN
221-161-010

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
$670,990
Median List Price/Sq.Ft.
$362
Median Sold Price
$699,000
Median Sold Price/Sq.Ft.
$334
Total Inventory
129
Median Sale to List Price %
100%
Avg Days on Market
35
Loan Type
Conventional (63.16%), FHA (10.53%), VA (0%), Cash (13.16%), Other (10.53%)

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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.