2908 6Th St, Riverside, CA 92507
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2908 6Th St Riverside, CA 92507

$770,000 Sold Price as of 10/01/2021
  • 5 Beds
  • 4 Baths
  • 2,832 Sq.Ft.
Sold
$770,000 Sold Price as of 10/01/2021 Refinance Your Mortgage

Map preview of 2908 6Th St, Riverside, CA 92507

Property Overview: 2908 6Th St Riverside, CA has 5 bedrooms, 4 bathrooms, 2,832 living square feet and 6,534 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great Investment Opportunity to own 4-units in Riverside. This Craftsman style building has one 2bed/1bath unit and three 1bed/1bath units all of which have laminate flooring, kitchens w/granite counter tops, dual pane windows, & copper plumbing done throughout building. This building has plenty of parking space inside and separate area for coin operated washer/dryers. This is a great building to live in one of the units & rent the other units to help pay your mortgage or rent all units and get great income.

Listed by Rhina Franco | BRE #01474029 | Realty Masters & Associates
Co-listed by DAVID FRANCO | BRE #01333075 | REALTY MASTERS & ASSOCIATES
Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 32

Home details

Lot Sq. Ft
6,534
HOA Dues
$0/mo
Year built
1918
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
TR21139674
City
Riverside
County
Riverside
Time on Site
1081 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $950
  • Total Rent: $950
  • Pro Forma/Market Rent: $1,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,100
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $975
  • Total Rent: $975
  • Pro Forma/Market Rent: $1,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $69,000
  • Net Operating Income: $59,580
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $9,420
  • Electric: $4,200
  • Gas/Fuel: $1,200
  • New Taxes: $9,999
  • Trash: $1,020
  • Gardener: $1,200
  • Insurance: $850
  • Water/Sewer: $1,800

Virtual Tour

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Property Details for 2908 6Th St

Interior Features
Laundry Information
  • Has Laundry
  • Outside
Room Information
  • Flooring: Laminate, Tile
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Corner Lot
  • Lot Size Source: Estimated
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 211072011
  • Year Built Source: Estimated
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Corner of 6th & Park
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Riverside Agent

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Sale History for 2908 6Th St

Last sold for $770,000 on October 1st, 2021
  • August, 2021

  • Aug 20, 2021

    Date

    Active

    CRMLS: TR21139674

    $769,000

    Price

  • Aug 19, 2021

    Date

    Hold

    CRMLS: TR21139674

    $769,000

    Price

  • Aug 6, 2021

    Date

    Pending

    CRMLS: TR21139674

    $769,000

    Price

  • Jul 20, 2021

    Date

    Price Change

    CRMLS: TR21139674

    $769,000

    Price

  • Jun 27, 2021

    Date

    Active

    CRMLS: TR21139674

    $799,999

    Price

  • March, 2017

  • Mar 31, 2017

    Date

    Sold (Public Records)

    Public Records

    $450,000

    Price

  • April, 2016

  • Apr 13, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 2908 6Th St

Assessed Value (2020): $477,543
Year Land Value Improved Value Assessed Value
2020 $132,651 $344,892 $477,543

Home Value Compared to the Market

This property vs the competition

2908 6Th St sold on October 1, 2021 for 16.52% higher than the current median sold price for the city of Riverside which is $660,000. The median sold price per/sqft for Riverside is $361 and this home is sold at $271.54 per/sqft which puts the price per square foot 24.78% lower than the current median sale per square foot for the city of Riverside.

About 2908 6Th St

Detailed summary of property

2908 6Th St is a multi family that recently sold in Riverside, CA 92507. This multi family property offered 5 bedrooms, 4 bathrooms, roughly 2,832 living square feet, and sits on an approximately 6,534 square foot lot. 2908 6Th St was first listed on ArdentRealEstateGroup.com on June 27, 2021. The homeowner sold the property for $770,000. 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 16.52% higher than the current median priced home. Local homes that are currently for sale include 1210 S Bon View Ave, 607 S Plum Ave and 221 E Sunkist St. While the average home in Riverside, CA is selling in 49 days, 2908 6Th St has a days on market of 32 days. There are currently 710 homes for sale in the Riverside real estate market and 659 of them are single family homes while 44 of them are condos and 7 are townhomes. For more information on this home for sale at 2908 6Th 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 2908 6Th St

Public county record property details
Beds
--
Baths
--
Year built
1918
Sq. Ft.
--
Lot Size
6,534
Stories
2
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Riverside
Lot#
14
APN
211-072-011

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
$670,990
Median List Price/Sq.Ft.
$360
Median Sold Price
$650,000
Median Sold Price/Sq.Ft.
$336
Total Inventory
144
Median Sale to List Price %
100%
Avg Days on Market
32
Loan Type
Conventional (61.11%), FHA (22.22%), VA (0%), Cash (13.89%), Other (2.78%)

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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.