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3643 Brockton Ave, Riverside, CA 92501
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3643 Brockton Ave Riverside, CA 92501

$2,300,000
  • 10 Beds
  • 9 Baths
  • 5,019 Sq.Ft.
For Sale
$2,300,000 Get Pre-Qualified
Map preview of 3643 Brockton Ave, Riverside, CA 92501

Property Overview: 3643 Brockton Ave Riverside, CA has 10 bedrooms, 9 bathrooms, 5,019 living square feet and 8,712 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: ***VALUE ADD***Seller spent over $68K updating Lobby, and 5 units. Prime Investment Opportunity in the Heart of Inland Empire Nestled in an irreplaceable location, this exquisite apartment building boasts unparalleled value-add potential, making it a coveted asset. Located on a palm tree-lined street, this property exudes curb appeal and charm. Its proximity to Class A buildings further enhances its desirability, ensuring a steady stream of demand from tenants seeking premium accommodations. After an impressive 40-year tenure, this property is now hitting the market, presenting an exceptional opportunity for expansion in the thriving IE market. Don't miss out on the chance to elevate your investment portfolio and capitalize on the booming IE market.

Listed by Diva Rescia | BRE #02118714 | Marcus & Millichap
Co-listed by Ken Shah | BRE #01959110 | Marcus & Millichap Real Estate
Last checked: 1 minute ago | Last updated: May 1st, 2024 | Source CRMLS | DOM: 24
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Home details

Lot Sq. Ft
8,712
HOA Dues
$0/mo
Year built
1961
Garage
4 Car
Property Type:
Apartment
Status
Active
MLS#
PW24075837
City
Riverside
County
Riverside
Time on Site
30 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 1
  • # of Electric Meters: 9
  • # of Gas Meters: 9
  • # of Water Meters: 9
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,720
  • Total Rent: $1,720
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,720
  • Total Rent: $1,720
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,550
  • Total Rent: $1,550
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $980
  • Total Rent: $980
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 9
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $123,240
  • Net Operating Income: $104,795
  • Gross Operating Income: $119,543
  • Vacancy Allowance: $3,697
  • # of Rented Garages: 0
Annual Expense Breakdown
  • Total Operating Expense: $16,848
  • Electric: $0
  • Gas/Fuel: $1,440
  • Trash: $5,400
  • Insurance: $4,500
  • Professional Management: $0
  • Water/Sewer: $2,400

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Property Details for 3643 Brockton Ave

Interior Features
Laundry Information
  • Has Laundry
  • Common Area, Gas & Electric Dryer Hookup
Room Information
  • Flooring: Laminate, See Remarks
  • Laundry
Interior Features
  • 2 Staircases, Granite Counters
  • Levels: Two
Exterior Features
Exterior Information
  • Balcony
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 12
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 9
  • Parcel Number: 214192007
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
  • Accessibility Features: 2+ Access Exits, Parking
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Natural Gas Available, See Remarks, Sewer Available, Water Available
Location / Neighborhood
Location Information
  • Directions: mission inn & brockton ave.
Neighborhood Information
  • Community Features: Biking, Golf, Sidewalks, Street Lights
View more facts & features

Local Riverside Agent

Sale History for 3643 Brockton Ave

View property's historical transactions

  • April, 2024

  • Apr 19, 2024

    Date

    Active

    CRMLS: PW24075837

    $2,300,000

    Price

Tax History for 3643 Brockton Ave

Assessed Value (2020): $111,924
Year Land Value Improved Value Assessed Value
2020 $19,220 $92,704 $111,924

Home Value Compared to the Market

This property vs the competition

3643 Brockton Ave is listed 233.34% higher than the median list price for the city of Riverside which has a median list price of $689,990. The median price per/sqft for Riverside is $367 and this home is listed at $458.26 per/sqft which puts the price per square foot 24.87% higher than the median price per square foot for the city of Riverside.

About 3643 Brockton Ave

Detailed summary of property

3643 Brockton Ave is a apartment located in Riverside, CA 92501 and is currently for sale. This apartment offers 10 bedrooms, 9 bathrooms, roughly 5,019 living square feet, and sits on an approximately 8,712 square foot lot. 3643 Brockton Ave was first listed on ArdentRealEstateGroup.com on April 16, 2024. The homeowner is currently asking $2,300,000. The median priced home in Riverside is $689,990 with a median price per square foot of $367. Based on Ardent Real Estate Group's Riverside Market Data, this home is listed 233.34% higher than the median priced home. Local competing homes currently for sale include 1556 E Benmore Ln, 900 E Chapman Ave and 709 E Santa Fe Ave. While the average home in Riverside, CA is selling in 48 days, 3643 Brockton Ave has a days on market of 24 days. There are currently 681 homes for sale in the Riverside real estate market and 631 of them are single family homes while 44 of them are condos and 6 are townhomes. For more information on this home for sale at 3643 Brockton Ave Riverside, CA 92501 contact Ardent Real Estate Group and we will put you in touch with one of our Riverside agents.

Public Facts for 3643 Brockton Ave

Public county record property details
Beds
--
Baths
--
Year built
1961
Sq. Ft.
--
Lot Size
8,712
Stories
2
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Riverside
Lot#
3
APN
214-192-007

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
$639,000
Median List Price/Sq.Ft.
$355
Median Sold Price
$580,000
Median Sold Price/Sq.Ft.
$371
Total Inventory
27
Median Sale to List Price %
100.87%
Avg Days on Market
26
Loan Type
Conventional (55.56%), FHA (0%), VA (0%), Cash (22.22%), Other (22.22%)

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Recently Sold Homes Near 3643 Brockton Ave

3624 Locust St, Riverside, CA 92501
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0 Baths
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$450,000 Last Sold Price
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$535,000 Last Sold Price
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4081 5th St, Riverside, CA 92501
$565,000 Last Sold Price
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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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