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3856 Pontiac Ave, Riverside, CA 92509
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3856 Pontiac Ave Riverside, CA 92509

$1,148,800
  • 10 Beds
  • 6 Baths
  • 3,500 Sq.Ft.
For Sale
$1,148,800 Get Pre-Qualified
Map preview of 3856 Pontiac Ave, Riverside, CA 92509

Property Overview: 3856 Pontiac Ave Riverside, CA has 10 bedrooms, 6 bathrooms, 3,500 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: OPPORTUNITY KNOCKS with this large FOURPLEX investment in the City of Riverside in close proximity to UC Riverside, California Baptist University, Riverside City College, La Sierra University. Close to shopping areas of Rubidoux, Riverside and Indian Hills, Santa Ana River trails, Rubidoux Mountain walking trails, Rancho Jurupa & Rancho Jurupa Regional Sports Parks, Flabob Public Airport and minutes away from Downtown Riverside, Mission Inn, Restaurants, Shops and many other attractions and at a great price! In the rear you’ll find Unit One which stands alone and boasts 5 bedrooms and 2 bathrooms. In a separate building on the lot, Unit Two is located upstairs with 3 bedrooms and 2 baths, Unit Three and Unit Four are downstairs both include 1 bedroom 1 bath. This property offers an exceptional opportunity for both investors and residents looking to live in one and rent out the others.

Listed by Ingrid Hooker | BRE #02019628 | The Foster Company
Last checked: 3 minutes ago | Last updated: May 16th, 2024 | Source CRMLS | DOM: 10
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Home details

Lot Sq. Ft
8,712
HOA Dues
$0/mo
Year built
1965
Garage
1 Car
Property Type:
Fourplex
Status
Active
MLS#
PW24094387
City
Riverside
County
Riverside
Time on Site
10 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: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,430
  • Total Rent: $1,430
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,045
  • Total Rent: $1,045
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $935
  • Total Rent: $935
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $3,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $5,910
  • Net Operating Income: $5,410
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $500
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $700
  • Insurance: $1,700
  • Water/Sewer: $480

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Property Details for 3856 Pontiac Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
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 Garage Spaces: 1
  • # of Parking Spaces: 5
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 181052010
  • Year Built Source: Public Records
  • Entry Level: 2
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: CA-60 E exit Mission Blvd
Neighborhood Information
  • Community Features: Hiking, Mountainous, Sidewalks, Street Lights, Suburban
View more facts & features

Local Riverside Agent

Sale History for 3856 Pontiac Ave

Last sold for $133,000 on November 28th, 2000

  • May, 2024

  • May 9, 2024

    Date

    Active

    CRMLS: PW24094387

    $1,148,800

    Price

  • November, 2000

  • Nov 28, 2000

    Date

    Sold (Public Records)

    Public Records

    $133,000

    Price

  • September, 1999

  • Sep 21, 1999

    Date

    Sold (Public Records)

    Public Records

    $151,878

    Price

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Tax History for 3856 Pontiac Ave

Assessed Value (2021): $215,882
Year Land Value Improved Value Assessed Value
2021 $68,879 $147,003 $215,882

Home Value Compared to the Market

This property vs the competition

3856 Pontiac Ave is listed 66.49% higher than the median list price for the city of Riverside which has a median list price of $690,000. The median price per/sqft for Riverside is $368 and this home is listed at $328.23 per/sqft which puts the price per square foot 10.81% lower than the median price per square foot for the city of Riverside.

About 3856 Pontiac Ave

Detailed summary of property

3856 Pontiac Ave is a fourplex located in Riverside, CA 92509 and is currently for sale. This fourplex offers 10 bedrooms, 6 bathrooms, roughly 3,500 living square feet, and sits on an approximately 8,712 square foot lot. 3856 Pontiac Ave was first listed on ArdentRealEstateGroup.com on May 10, 2024. The homeowner is currently asking $1,148,800. The median priced home in Riverside is $690,000 with a median price per square foot of $368. Based on Ardent Real Estate Group's Riverside Market Data, this home is listed 66.49% higher than the median priced home. Local competing homes currently for sale include 5075 N Lugo Ave, 8795 Lomita Dr and 215 E Belmont St. While the average home in Riverside, CA is selling in 48 days, 3856 Pontiac Ave has a days on market of 10 days. There are currently 708 homes for sale in the Riverside real estate market and 658 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 3856 Pontiac Ave Riverside, CA 92509 contact Ardent Real Estate Group and we will put you in touch with one of our Riverside agents.

Public Facts for 3856 Pontiac Ave

Public county record property details
Beds
--
Baths
--
Year built
1965
Sq. Ft.
--
Lot Size
8,712
Stories
2
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Riverside
Lot#
19
APN
181-052-010

The source for these homes facts are from public records.

92509 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$650,000
Median List Price/Sq.Ft.
$377
Median Sold Price
$615,000
Median Sold Price/Sq.Ft.
$379
Total Inventory
108
Median Sale to List Price %
102.07%
Avg Days on Market
26
Loan Type
Conventional (35.48%), FHA (35.48%), VA (3.23%), Cash (16.13%), Other (6.45%)

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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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