3314 Orange St, Riverside, CA 92501
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3314 Orange St Riverside, CA 92501

$606,000 Sold Price as of 03/25/2021
  • 7 Beds
  • 3 Baths
  • 3,800 Sq.Ft.
Sold
$606,000 Sold Price as of 03/25/2021 Refinance Your Mortgage

Map preview of 3314 Orange St, Riverside, CA 92501

Property Overview: 3314 Orange St Riverside, CA has 7 bedrooms, 3 bathrooms, 3,800 living square feet and 9,148 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Location!!! This Historical Multi Family Home is in the heart of Downtown Riverside. Approximately 3,400 Sq ft front house comprised of two very large units, with two separate permitted meters and secondary rear unit of 400 sq ft separately metered. Front house in need of a complete renovation, but can become a FANTASTIC INCOME OPPORTUNITY. Across the street from the Riverside Convention Center and down the street from the Mission Inn, walking distance to everything you can possibly need. Property is zoned DSP-RES-SP-CR – Downtown Specific Plan, Residential District and Specific Plan and Cultural Resources Overlay Zones. This will absolutely not last.

Listed by JAMES VEGA | BRE #01346612 | REAL ESTATE MAVENS
Last checked: 2 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 1

Home details

Lot Sq. Ft
9,148
HOA Dues
$0/mo
Year built
1911
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
IV21046291
City
Riverside
County
Riverside
Time on Site
1209 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $1,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $60,000
  • Net Operating Income: $51,650
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $8,350
  • Electric: $0
  • New Taxes: $5,700
  • Trash: $850
  • Insurance: $1,800
  • Water/Sewer: $0

Property Details for 3314 Orange St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Common Area
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Composition
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Corner Lot, Lot 6500-9999
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 213112001
  • Year Built Source: Assessor
  • Architectural Style: Craftsman
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Orange and Third St
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

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Sale History for 3314 Orange St

Last sold for $606,000 on March 25th, 2021
  • March, 2021

  • Mar 27, 2021

    Date

    Sold

    CRMLS: IV21046291

    $606,000

    Price

  • Mar 25, 2021

    Date

    Pending

    CRMLS: IV21046291

    $589,000

    Price

  • Mar 9, 2021

    Date

    Active Under Contract

    CRMLS: IV21046291

    $589,000

    Price

  • Mar 7, 2021

    Date

    Hold

    CRMLS: IV21046291

    $589,000

    Price

  • Mar 5, 2021

    Date

    Active

    CRMLS: IV21046291

    $589,000

    Price

  • September, 2020

  • Sep 11, 2020

    Date

    Sold

    CRMLS: IV20056956

    $435,000

    Price

  • Sep 8, 2020

    Date

    Pending

    CRMLS: IV20056956

    $500,000

    Price

  • Aug 11, 2020

    Date

    Active Under Contract

    CRMLS: IV20056956

    $500,000

    Price

  • Apr 23, 2020

    Date

    Hold

    CRMLS: IV20056956

    $500,000

    Price

  • Apr 23, 2020

    Date

    Active

    CRMLS: IV20056956

    $500,000

    Price

  • Apr 22, 2020

    Date

    Hold

    CRMLS: IV20056956

    $500,000

    Price

  • Mar 22, 2020

    Date

    Active

    CRMLS: IV20056956

    $500,000

    Price

  • Mar 21, 2020

    Date

    Hold

    CRMLS: IV20056956

    $500,000

    Price

  • Mar 15, 2020

    Date

    Active

    CRMLS: IV20056956

    $500,000

    Price

  • Listing provided courtesy of CRMLS

    This Majestic Downtown Riverside Home has 6 Bedrooms and 2.5 Bathrooms with 2,188 ft of living space and a guest house. Located in the hub of the downtown area. Walking distance to the Historic Mission Inn, Convention Center, Food Labs, RCC, and Fox Theatre. Easy access to 91 & 60 Freeways. Home needs some TLC.

  • September, 2020

  • Sep 10, 2020

    Date

    Sold (Public Records)

    Public Records

    $490,000

    Price

  • September, 2020

  • Sep 10, 2020

    Date

    Sold (Public Records)

    Public Records

    $435,000

    Price

Show More

Tax History for 3314 Orange St

Assessed Value (2020): $634,709
Year Land Value Improved Value Assessed Value
2020 $95,581 $539,128 $634,709

Home Value Compared to the Market

This property vs the competition

3314 Orange St sold on March 25, 2021 for 10.76% lower 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 $155 per/sqft which puts the price per square foot 57.06% lower than the current median sale per square foot for the city of Riverside.

About 3314 Orange St

Detailed summary of property

3314 Orange St is a multi family that recently sold in Riverside, CA 92501. This multi family property offered 7 bedrooms, 3 bathrooms, roughly 3,800 living square feet, and sits on an approximately 9,148 square foot lot. 3314 Orange St was first listed on ArdentRealEstateGroup.com on March 10, 2021. The homeowner sold the property for $606,000. 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 10.76% lower than the current median priced home. Local homes that are currently for sale include 4173 Hubbard St, 1086 N Bonnie Beach Pl and 1022 Raymond Ave. While the average home in Riverside, CA is selling in 49 days, 3314 Orange St has a days on market of 1 days. There are currently 745 homes for sale in the Riverside real estate market and 686 of them are single family homes while 50 of them are condos and 9 are townhomes. For more information on this home for sale at 3314 Orange 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 3314 Orange St

Public county record property details
Beds
6
Baths
2
Year built
1911
Sq. Ft.
2,886
Lot Size
12,196
Stories
3
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Riverside
Lot#
5
APN
213-112-001

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
$649,990
Median Sold Price/Sq.Ft.
$364
Total Inventory
31
Median Sale to List Price %
104%
Avg Days on Market
37
Loan Type
Conventional (72.73%), FHA (9.09%), VA (0%), Cash (9.09%), Other (9.09%)

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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.