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3948 Brockton Ave, Riverside, CA 92501
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3948 Brockton Ave Riverside, CA 92501

$1,025,000 Sold Price as of 11/18/2019
  • 6 Beds
  • 6 Baths
  • 3,940 Sq.Ft.
Sold
$1,025,000 Sold Price as of 11/18/2019 Refinance Your Mortgage
Map preview of 3948 Brockton Ave, Riverside, CA 92501

Property Overview: 3948 Brockton Ave Riverside, CA has 6 bedrooms, 6 bathrooms, 3,940 living square feet and 14,300 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: PRIDE OF OWNERSHIP!!!! 6 Unit One-Story units. Zero vacancies. Charming 1953 units in parklike setting. Each unit has been updated at varies times from 2014-2017. The units are large (approximately 650 sq. ft.) 1 bedroom/1baths. The Seller has maintained the original charm of the building. High average rent of $1,100 per unit. Within walking distance to the Mission Inn!! In OPPORTUNITY ZONE. This area is red hot with new mixed-used, Hotel, Residential and Commercial developments going up nearby.

Listed by Ruben Martinez | BRE #01027549 | Fiduciary Real Estate Services
Co-listed by Logan Martinez | BRE #01960924 | Fiduciary Real Estate Services
Last checked: 5 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 26

Home details

Lot Sq. Ft
14,300
HOA Dues
$0/mo
Year built
1953
Garage
--
Property Type:
Mixed Use
Status
Sold
MLS#
OC19204896
City
Riverside
County
Riverside
Time on Site
1381 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 5
  • # of Electric Meters: 6
  • # of Gas Meters: 6
  • # of Water Meters: 7
Unit Breakdown 1
  • # of Units: 5
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,025
  • Total Rent: $1,025
  • Pro Forma/Market Rent: $1,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $82,620
  • Net Operating Income: $68,899
  • Gross Operating Income: --
  • Other Income 1: $4,320
  • Other Income Description: Storage
Annual Expense Breakdown
  • Total Operating Expense: $13,721
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $3,583
  • Trash: $1,320
  • Gardener: $2,700
  • Insurance: $1,918
  • Maintenance: $3,000
  • Professional Management: $0
  • Water/Sewer: $1,200

Property Details for 3948 Brockton Ave

Interior Features
Laundry Information
  • Has Laundry
  • Washer Hookup
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Yard
  • Lot Size Source: Appraiser
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 6
  • Parcel Number: 214311004
  • Year Built Source: Appraiser
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Between 9th and 10th Street.
Neighborhood Information
  • Community Features: Sidewalks, Street Lights, Suburban
View more facts & features

Local Riverside Agent

Sale History for 3948 Brockton Ave

Last sold for $1,025,000 on November 18th, 2019

  • November, 2019

  • Nov 20, 2019

    Date

    Sold

    CRMLS: OC19204896

    $1,025,000

    Price

  • Nov 7, 2019

    Date

    Pending

    CRMLS: OC19204896

    $1,050,000

    Price

  • Sep 19, 2019

    Date

    Active Under Contract

    CRMLS: OC19204896

    $1,050,000

    Price

  • Aug 28, 2019

    Date

    Active

    CRMLS: OC19204896

    $1,050,000

    Price

  • November, 2019

  • Nov 18, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,025,000

    Price

  • December, 2012

  • Dec 7, 2012

    Date

    Sold (Public Records)

    Public Records

    $300,000

    Price

Show More

Tax History for 3948 Brockton Ave

Assessed Value (2020): $1,025,000
Year Land Value Improved Value Assessed Value
2020 $350,000 $675,000 $1,025,000

Home Value Compared to the Market

This property vs the competition

3948 Brockton Ave sold on November 18, 2019 for 55.56% 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 $266.5 per/sqft which puts the price per square foot 28.55% lower than the current median sale per square foot for the city of Riverside.

About 3948 Brockton Ave

Detailed summary of property

3948 Brockton Ave is a mixed use that recently sold in Riverside, CA 92501. This mixed use property offered 6 bedrooms, 6 bathrooms, roughly 3,940 living square feet, and sits on an approximately 14,300 square foot lot. 3948 Brockton Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $1,025,000. 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 55.56% higher than the current median priced home. Local homes that are currently for sale include 1073 Orizaba Ave, 1202 E Plymouth St and 1380 Cherry Ave. While the average home in Riverside, CA is selling in 50 days, 3948 Brockton Ave has a days on market of 26 days. There are currently 648 homes for sale in the Riverside real estate market and 608 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 3948 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 3948 Brockton Ave

Public county record property details
Beds
--
Baths
--
Year built
1939
Sq. Ft.
--
Lot Size
13,939
Stories
1
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Riverside
Lot#
10
APN
214-311-004

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
$649,990
Median List Price/Sq.Ft.
$331
Median Sold Price
$580,000
Median Sold Price/Sq.Ft.
$371
Total Inventory
28
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%)

Thinking of Selling?

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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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