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2932 5th St, Riverside, CA 92507
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2932 5th St Riverside, CA 92507

$500,000 Sold Price as of 01/06/2021
  • 4 Beds
  • 3 Baths
  • 1,660 Sq.Ft.
Sold
$500,000 Sold Price as of 01/06/2021 Refinance Your Mortgage
Map preview of 2932 5th St, Riverside, CA 92507

Property Overview: 2932 5th St Riverside, CA has 4 bedrooms, 3 bathrooms, 1,660 living square feet and 10,019 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Looking to add another property to your investment portfolio? Don’t miss your chance at this special opportunity in the bustling Riverside area. Located near local freeways and just minutes away from downtown Riverside, your tenants will love the easy commute to the University of California – Riverside and to all of the great local amenities and entertainment. Offering three units, all already tenant occupied and actively paying rent, the return on your investment starts flowing the second you sign the papers. This property has been carefully maintained by the current owner, including a completely updated second-floor unit, all new dual pane windows, upgraded deck, fresh exterior stucco and paint around the entire property including the garage structure and a newer roof. The main floor is split into two separate units while the larger third unit sits alone on the second floor for added privacy and higher rent. Your tenants will love that each unit comes with its own private garage for covered parking or additional storage. Looking to add even more investment opportunity? There’s plenty of space in the back of the property for future expansion with limitless possibilities. Don’t let this one pass you by! Check it out for yourself today!

Listed by ANTHONY TAFESH | BRE #02053014 | KELLER WILLIAMS SIGNATURE RLTY
Last checked: 2 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 97

Home details

Lot Sq. Ft
10,019
HOA Dues
$0/mo
Year built
1900
Garage
3 Car
Property Type:
Triplex
Status
Sold
MLS#
CV20175174
City
Riverside
County
Riverside
Time on Site
1487 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # 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: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,395
  • Total Rent: $1,395
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,050
  • Total Rent: $1,050
  • 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
  • Actual Rent: $850
  • Total Rent: $850
  • Pro Forma/Market Rent: $1,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $39,540
  • Net Operating Income: $37,920
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $1,620
  • New Taxes: $0
  • Trash: $0
  • Insurance: $900
  • Water/Sewer: $720

Virtual Tour

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Property Details for 2932 5th St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • No Heating
  • None
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate, Tile
  • Kitchen
Kitchen Information
  • Has Appliances
  • Gas Range, Water Heater
Interior Features
  • Levels: Two
  • Window Features: Double Pane Windows
Exterior Features
Exterior Information
  • Roof: Shingle
  • Has Fence
  • Chain Link, Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: 2-5 Units/Acre, Lot 10000-19999 Sqft
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 211071010
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
  • Accessibility Features: None
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: From the 91 Fwy, exit Mission Inn Ave & Go East, turn left on Commerce St, Turn right on 5th st. Property is on the right hand side before Park Ave.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Riverside Agent

Sale History for 2932 5th St

Last sold for $500,000 on January 6th, 2021

  • January, 2021

  • Jan 6, 2021

    Date

    Sold

    CRMLS: CV20175174

    $500,000

    Price

  • Jan 6, 2021

    Date

    Pending

    CRMLS: CV20175174

    $499,900

    Price

  • Dec 10, 2020

    Date

    Active Under Contract

    CRMLS: CV20175174

    $499,900

    Price

  • Sep 13, 2020

    Date

    Active

    CRMLS: CV20175174

    $499,900

    Price

  • Sep 2, 2020

    Date

    Active Under Contract

    CRMLS: CV20175174

    $499,900

    Price

  • Sep 2, 2020

    Date

    Active

    CRMLS: CV20175174

    $499,900

    Price

  • Sep 1, 2020

    Date

    Hold

    CRMLS: CV20175174

    $499,900

    Price

  • Aug 26, 2020

    Date

    Active

    CRMLS: CV20175174

    $499,900

    Price

  • January, 2021

  • Jan 6, 2021

    Date

    Sold (Public Records)

    Public Records

    $500,000

    Price

  • December, 1998

  • Dec 1, 1998

    Date

    Sold (Public Records)

    Public Records

    $75,000

    Price

Show More

Tax History for 2932 5th St

Assessed Value (2020): $107,487
Year Land Value Improved Value Assessed Value
2020 $42,991 $64,496 $107,487

Home Value Compared to the Market

This property vs the competition

2932 5th St sold on January 6, 2021 for 23.09% lower than the current median sold price for the city of Riverside which is $650,000. The median sold price per/sqft for Riverside is $389 and this home is sold at $301.14 per/sqft which puts the price per square foot 22.58% lower than the current median sale per square foot for the city of Riverside.

About 2932 5th St

Detailed summary of property

2932 5th St is a triplex that recently sold in Riverside, CA 92507. This triplex offered 4 bedrooms, 3 bathrooms, roughly 1,660 living square feet, and sits on an approximately 10,019 square foot lot. 2932 5th St was first listed on ArdentRealEstateGroup.com on September 2, 2020. The homeowner sold the property for $500,000. Home in Riverside are selling for a median price of $650,000 and a median price per square foot of $389. Based on Ardent Real Estate Group's Riverside Market Data, this home is sold 23.09% lower than the current median priced home. Local homes that are currently for sale include 1703 E 61st St, 1643 E 87th Pl and 1122 E 67th St. While the average home in Riverside, CA is selling in 54 days, 2932 5th St has a days on market of 97 days. There are currently 797 homes for sale in the Riverside real estate market and 733 of them are single family homes while 55 of them are condos and 9 are townhomes. For more information on this home for sale at 2932 5th 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 2932 5th St

Public county record property details
Beds
4
Baths
3
Year built
1900
Sq. Ft.
1,660
Lot Size
10,018
Stories
2
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Riverside
Lot#
12
APN
211-071-010

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
$658,000
Median List Price/Sq.Ft.
$358
Median Sold Price
$656,089
Median Sold Price/Sq.Ft.
$373
Total Inventory
161
Median Sale to List Price %
100.95%
Avg Days on Market
34
Loan Type
Conventional (62.07%), FHA (13.79%), VA (0%), Cash (6.9%), Other (17.24%)

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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