3622 Ottawa Ave, Riverside, CA 92507
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3622 Ottawa Ave Riverside, CA 92507

$650,000 Sold Price as of 09/22/2021
  • 5 Beds
  • 3 Baths
  • 2 Sq.Ft.
Sold
$650,000 Sold Price as of 09/22/2021 Refinance Your Mortgage

Map preview of 3622 Ottawa Ave, Riverside, CA 92507

Property Overview: 3622 Ottawa Ave Riverside, CA has 5 bedrooms, 3 bathrooms, 2 living square feet and 9,583 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great Investment Opportunity!!! Located in near UCR, Metro and Downtown. 2 Unit with Ductless Wall Mount Air Conditioners. Front Unit with 2 bedroom & 1 Bath with Laminated flooring, Interior Paint, Kitchen Cabinet remodeled in 2015. Attached car garage Through Kitchen for Easy Access with Washer and Dry hook up. Nice size Fenced Front Yard and Additional Parking on the Driveway. Duplex Unit in the back Left side, 2 bedroom & 1 Bath remodel in 2015 with Laminated flooring and Kitchen Cabinet. New Window Blinds, Newly Exterior Light Fixture and Newly Interior Paints, Stainless Stove in May of 2019. Unit on the Right, 1 bedroom & bathroom. Both Unit with Detached 1 Car Garage and Plenty driveway Parking.

Listed by Jason Wang | BRE #01902780 | 168 Realty Inc.
Last checked: 12 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 10

Home details

Lot Sq. Ft
9,583
HOA Dues
$0/mo
Year built
1953
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
TR21172032
City
Riverside
County
Riverside
Time on Site
1001 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: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $850
  • Total Rent: $10,200
  • Pro Forma/Market Rent: $10,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,365
  • Total Rent: $16,380
  • Pro Forma/Market Rent: $16,380
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $14,400
  • Pro Forma/Market Rent: $14,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $40,980
  • Net Operating Income: $32,941
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $32,941
  • Licenses: $137
  • Trash: $0
  • Insurance: $696
  • Professional Management: $2,049
  • Water/Sewer: $1,080
  • Other Expenses: $4,077
  • Other Expense Description: Prop tax

Property Details for 3622 Ottawa Ave

Interior Features
Heating Information
  • No Heating
  • None
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Washer Included
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 5
Lot Information
  • Lot Features: Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 211162002
  • Year Built Source: Assessor
  • Property is Attached
  • Offered With Property: Stoves for unit 3618 & 3622
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: W Linden St & Ottawa Ave
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Riverside Agent

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Sale History for 3622 Ottawa Ave

Last sold for $650,000 on September 22nd, 2021
  • August, 2021

  • Aug 26, 2021

    Date

    Pending

    CRMLS: TR21172032

    $688,000

    Price

  • Aug 13, 2021

    Date

    Active

    CRMLS: TR21172032

    $688,000

    Price

  • January, 2020

  • Jan 6, 2020

    Date

    Expired

    CRMLS: TR19161472

    $578,000

    Price

  • Jan 6, 2020

    Date

    Active

    CRMLS: TR19161472

    $578,000

    Price

  • Dec 7, 2019

    Date

    Active Under Contract

    CRMLS: TR19161472

    $578,000

    Price

  • Sep 1, 2019

    Date

    Active

    CRMLS: TR19161472

    $578,000

    Price

  • Aug 21, 2019

    Date

    Hold

    CRMLS: TR19161472

    $578,000

    Price

  • Jul 10, 2019

    Date

    Active

    CRMLS: TR19161472

    $578,000

    Price

  • Listing provided courtesy of CRMLS

    Great Investment Opportunity!!! Located in near UCR, Metro and Downtown. All Unit with Ductless Wall Mount Air Conditioners in 2018. Front Unit with 2 bedroom & 1 Bath with Laminated flooring, Interior Paint, Kitchen Cabinet remodeled in 2015. Attached car garage Through Kitchen for Easy Access with Washer and Dry hook up. Nice size Fenced Front Yard and Additional Parking on the Driveway. Duplex Unit in the back Left side, 2 bedroom & 1 Bath remodel in 2015 with Laminated flooring and Kitchen Cabinet. New Window Blinds, New Exterior Light Fixture and New Interior Paints, New Stainless Stove in May of 2019. Unit on the Right, 1 bedroom & bathroom. Both Unit with Detached 1 Car Garage and Plenty driveway Parking.

  • January, 2015

  • Jan 12, 2015

    Date

    Sold (Public Records)

    Public Records

    $325,000

    Price

Show More

Tax History for 3622 Ottawa Ave

Assessed Value (2021): $357,151
Year Land Value Improved Value Assessed Value
2021 $87,913 $269,238 $357,151

Home Value Compared to the Market

This property vs the competition

3622 Ottawa Ave sold on September 22, 2021 for 1.93% 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 $344000 per/sqft which puts the price per square foot 92125.2% higher than the current median sale per square foot for the city of Riverside.

About 3622 Ottawa Ave

Detailed summary of property

3622 Ottawa Ave is a multi family that recently sold in Riverside, CA 92507. This multi family property offered 5 bedrooms, 3 bathrooms, roughly 2 living square feet, and sits on an approximately 9,583 square foot lot. 3622 Ottawa Ave was first listed on ArdentRealEstateGroup.com on August 13, 2021. The homeowner sold the property for $650,000. 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 1.93% higher than the current median priced home. Local homes that are currently for sale include 2664 North Waterman, 831 W 7th St and 1210 S Bon View Ave. While the average home in Riverside, CA is selling in 48 days, 3622 Ottawa Ave has a days on market of 10 days. There are currently 676 homes for sale in the Riverside real estate market and 630 of them are single family homes while 40 of them are condos and 6 are townhomes. For more information on this home for sale at 3622 Ottawa Ave Riverside, CA 92507 contact Ardent Real Estate Group and we will put you in touch with one of our Riverside agents.

Public Facts for 3622 Ottawa Ave

Public county record property details
Beds
2
Baths
1
Year built
1955
Sq. Ft.
759
Lot Size
9,583
Stories
1
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Riverside
Lot#
--
APN
211-162-002

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
$670,392
Median List Price/Sq.Ft.
$362
Median Sold Price
$699,000
Median Sold Price/Sq.Ft.
$334
Total Inventory
135
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.