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3076 Lemon St, Riverside, CA 92501
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3076 Lemon St Riverside, CA 92501

$728,000 Sold Price as of 03/01/2021
  • 4 Beds
  • 4 Baths
  • 3,120 Sq.Ft.
Sold
$728,000 Sold Price as of 03/01/2021 Refinance Your Mortgage
Map preview of 3076 Lemon St, Riverside, CA 92501

Property Overview: 3076 Lemon St Riverside, CA has 4 bedrooms, 4 bathrooms, 3,120 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: **RARE INVESTMENT OPPORTUNITY IN DOWNTOWN RIVERSIDE! Total 4 units located in 2 buildings, each unit is one bedroom, and each building has 2 units. Spacious yard spaces between the 2 buildings. Font building is single story with additional laundry room, back building is two stories with downstairs are 4 garages for each unit. All 4 units got remodeled along with the tenant changing during these recent 4 years. ALL 4 unites are currently leased by tenants, which create CASH FLOW right away. Conveniently located in the downtown business district near city hall, Riverside court, Center for Social Justice & Civil Liberties, Riverside Community Hospital, Riverside Municipal Auditorium, Evergreen Memorial Park & Museum, Evans Park, Marriott, Mission Inn Hotel & Spa, Riverside Convention Center, Riverside Park & recreation. WONT LAST!

Listed by Sunny Sheng | BRE #01965217 | RE/MAX Universal Realty
Last checked: 11 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 9

Home details

Lot Sq. Ft
7,405
HOA Dues
$0/mo
Year built
1914
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
TR21015345
City
Riverside
County
Riverside
Time on Site
1194 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 4
  • # 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: $1,195
  • Total Rent: $1,195
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,390
  • Total Rent: $1,390
  • Pro Forma/Market Rent: $1,390
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $995
  • Total Rent: $995
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 4
  • # 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: $1,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $54,360
  • Net Operating Income: $49,600
  • Gross Operating Income: --
  • Laundry Income: $0
Annual Expense Breakdown
  • Total Operating Expense: $4,760
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Gardener: $960
  • Insurance: $2,100
  • Professional Management: $3,804
  • Water/Sewer: $320

Property Details for 3076 Lemon St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Common Area, Individual Room
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 209214006
  • Year Built Source: Other
  • Property is Attached
  • Is a Senior Community
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments
Location / Neighborhood
Location Information
  • Directions: Lemon st with 1st street
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Riverside Agent

Sale History for 3076 Lemon St

Last sold for $728,000 on March 1st, 2021

  • March, 2021

  • Mar 2, 2021

    Date

    Sold

    CRMLS: TR21015345

    $728,000

    Price

  • Feb 28, 2021

    Date

    Pending

    CRMLS: TR21015345

    $728,000

    Price

  • Feb 4, 2021

    Date

    Active Under Contract

    CRMLS: TR21015345

    $728,000

    Price

  • Jan 24, 2021

    Date

    Active

    CRMLS: TR21015345

    $728,000

    Price

  • June, 2017

  • Jun 30, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • April, 2016

  • Apr 28, 2016

    Date

    Sold (Public Records)

    Public Records

    $290,000

    Price

Show More

Tax History for 3076 Lemon St

Assessed Value (2020): $313,903
Year Land Value Improved Value Assessed Value
2020 $75,769 $238,134 $313,903

Home Value Compared to the Market

This property vs the competition

3076 Lemon St sold on March 1, 2021 for 12% 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 $233.33 per/sqft which puts the price per square foot 39.08% lower than the current median sale per square foot for the city of Riverside.

About 3076 Lemon St

Detailed summary of property

3076 Lemon St is a multi family that recently sold in Riverside, CA 92501. This multi family property offered 4 bedrooms, 4 bathrooms, roughly 3,120 living square feet, and sits on an approximately 7,405 square foot lot. 3076 Lemon St was first listed on ArdentRealEstateGroup.com on January 24, 2021. The homeowner sold the property for $728,000. 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 12% higher than the current median priced home. Local homes that are currently for sale include 563 W Evans St, 14172 Arrow Blvd and 1571 E Olive St. While the average home in Riverside, CA is selling in 49 days, 3076 Lemon St has a days on market of 9 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 3076 Lemon St Riverside, CA 92501 contact Ardent Real Estate Group and we will put you in touch with one of our Riverside agents.

Public Facts for 3076 Lemon St

Public county record property details
Beds
2
Baths
2
Year built
1928
Sq. Ft.
880
Lot Size
7,405
Stories
1
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Riverside
Lot#
28
APN
209-214-006

The source for these homes facts are from public records.

92501 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$669,000
Median List Price/Sq.Ft.
$331
Median Sold Price
$575,000
Median Sold Price/Sq.Ft.
$319
Total Inventory
28
Median Sale to List Price %
100%
Avg Days on Market
31
Loan Type
Conventional (30%), FHA (40%), VA (10%), Cash (10%), Other (0%)

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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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