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3722 Van Buren Blvd, Riverside, CA 92503
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3722 Van Buren Blvd Riverside, CA 92503

$1,330,000 Sold Price as of 11/17/2020
  • 64 Beds
  • 66 Baths
  • 3,000 Sq.Ft.
Sold
$1,330,000 Sold Price as of 11/17/2020 Refinance Your Mortgage
Map preview of 3722 Van Buren Blvd, Riverside, CA 92503

Property Overview: 3722 Van Buren Blvd Riverside, CA has 64 bedrooms, 66 bathrooms, 3,000 living square feet and 10,890 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: don't miss out on this fantastic money maker in Riverside. 8 one bedroom apartments plus 2 retail storefronts. This location is close to everything, with fantastic cash flow. Just off the 15 fwy and close to the Tyler Mall.

Listed by Destry Johnson | BRE #01136700 | BHHS Ranch & Coast Real Estate
Last checked: 1 minute ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 10

Home details

Lot Sq. Ft
10,890
HOA Dues
$0/mo
Year built
1963
Garage
--
Property Type:
Mixed Use
Status
Sold
MLS#
SW20194751
City
Riverside
County
Riverside
Time on Site
1315 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 10
  • Total # of Buildings: 2
  • # of Leased Units: 10
  • # of Electric Meters: 10
  • # of Gas Meters: 10
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 8
  • # of Beds: 8
  • # of Baths: 8
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $92,100
  • Total Rent: $92,100
  • Pro Forma/Market Rent: $95,000
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $24,600
  • Total Rent: $24,600
  • Pro Forma/Market Rent: $24,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 7.1%
  • Gross Rent Multiplier: 11.1
  • Gross Scheduled Income: $116,700
  • Net Operating Income: $96,200
  • Gross Operating Income: $116,700
Annual Expense Breakdown
  • Total Operating Expense: $20,500
  • New Taxes: $13,000
  • Trash: $2,500
  • Insurance: $2,800
  • Professional Management: $0
  • Water/Sewer: $2,200

Property Details for 3722 Van Buren Blvd

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 10
  • Has Parking
  • Parking Features: Carport, Covered, Driveway
Lot Information
  • Lot Features: Level with Street
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 10
  • Parcel Number: 234112040
  • Year Built Source: Seller
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: magnolia and van buren
Neighborhood Information
  • Community Features: Suburban
View more facts & features

Local Riverside Agent

Sale History for 3722 Van Buren Blvd

Last sold for $2,660,000 on November 17th, 2020

  • November, 2020

  • Nov 18, 2020

    Date

    Sold

    CRMLS: SW20194751

    $1,330,000

    Price

  • Sep 30, 2020

    Date

    Active Under Contract

    CRMLS: SW20194751

    $1,299,900

    Price

  • Sep 20, 2020

    Date

    Active

    CRMLS: SW20194751

    $1,299,900

    Price

  • November, 2020

  • Nov 17, 2020

    Date

    Sold (Public Records)

    Public Records

    $2,660,000

    Price

  • May, 1996

  • May 6, 1996

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 3722 Van Buren Blvd

Assessed Value (2020): $565,673
Year Land Value Improved Value Assessed Value
2020 $214,391 $351,282 $565,673

Home Value Compared to the Market

This property vs the competition

3722 Van Buren Blvd sold on November 17, 2020 for 99.98% 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 $433.3 per/sqft which puts the price per square foot 13.13% higher than the current median sale per square foot for the city of Riverside.

About 3722 Van Buren Blvd

Detailed summary of property

3722 Van Buren Blvd is a mixed use that recently sold in Riverside, CA 92503. This mixed use property offered 64 bedrooms, 66 bathrooms, roughly 3,000 living square feet, and sits on an approximately 10,890 square foot lot. 3722 Van Buren Blvd was first listed on ArdentRealEstateGroup.com on September 20, 2020. The homeowner sold the property for $1,330,000. 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 99.98% higher than the current median priced home. Local homes that are currently for sale include 5423 Dairy Ave, 2161 Locust Ave and 701 N Fickett St. While the average home in Riverside, CA is selling in 48 days, 3722 Van Buren Blvd has a days on market of 10 days. There are currently 650 homes for sale in the Riverside real estate market and 610 of them are single family homes while 34 of them are condos and 6 are townhomes. For more information on this home for sale at 3722 Van Buren Blvd Riverside, CA 92503 contact Ardent Real Estate Group and we will put you in touch with one of our Riverside agents.

Public Facts for 3722 Van Buren Blvd

Public county record property details
Beds
--
Baths
--
Year built
1960
Sq. Ft.
--
Lot Size
10,890
Stories
1
Type
Commercial (General)
Pool
No
Spa
No
County
Riverside
Lot#
43
APN
234-112-040

The source for these homes facts are from public records.

92503 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$700,000
Median List Price/Sq.Ft.
$366
Median Sold Price
$635,000
Median Sold Price/Sq.Ft.
$371
Total Inventory
127
Median Sale to List Price %
99.23%
Avg Days on Market
42
Loan Type
Conventional (63.83%), FHA (17.02%), VA (4.26%), Cash (12.77%), Other (2.13%)

Thinking of Selling?

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Recently Sold Homes Near 3722 Van Buren Blvd

3729 Van Buren Blvd, Riverside, CA 92503
$525,000 Last Sold Price
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1 Baths
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3729 Van Buren Blvd
Riverside, CA 92503
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$1,120,000 Last Sold Price
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7771 Evans St, Riverside, CA 92504
$250,000 Last Sold Price
1 Beds
0 Baths
2082 Sq.Ft.
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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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