3980 Mckenzie St, Riverside, CA 92503
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3980 Mckenzie St Riverside, CA 92503

$450,000 Sold Price as of 03/11/2020
  • 4 Beds
  • 2 Baths
  • 1,730 Sq.Ft.
Sold
$450,000 Sold Price as of 03/11/2020 Refinance Your Mortgage

Map preview of 3980 Mckenzie St, Riverside, CA 92503

Property Overview: 3980 Mckenzie St Riverside, CA has 4 bedrooms, 2 bathrooms, 1,730 living square feet and 6,534 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great opportunity int he heart of Riverside, these are great income producing units that have a high demand and they are always occupied. Front unit has 2 bedrooms and 1 bathroom. Back unit also has 2 bedrooms and 1 bathroom. Please hurry this one wont last. Each unit have their private entrance and separate driveways.

Listed by Jesus Morales | BRE #01757163 | RE/MAX New Dimension
Co-listed by Edgar Adame | BRE #01276216 | RE/MAX New Dimension
Last checked: 16 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
6,534
HOA Dues
$0/mo
Year built
1938
Garage
1 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW20030563
City
Riverside
County
Riverside
Time on Site
1398 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $32,400
  • Net Operating Income: $27,833
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $4,567
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $3,301
  • Furniture Replacement: $0
  • Trash: $0
  • Gardener: $480
  • Insurance: $786
  • Water/Sewer: $0

Property Details for 3980 Mckenzie St

Interior Features
Heating Information
  • No Heating
  • None
Laundry Information
  • Has Laundry
  • Individual Room
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Carport, Detached Carport, Driveway, Concrete, Garage - Single Door
Lot Information
  • Lot Features: 2-5 Units/Acre, Lot 6500-9999, Rectangular Lot, Value In Land, Walkstreet
  • Lot Size Source: Appraiser
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 191322046
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Heading east on 91 freeway, exit on Van Buren Boulevard and head north, across Magnolia Avenue at Garfield street turn right and at Mc Kenzie street turn right, subject property is at your right hand side.
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights
View more facts & features

Local Riverside Agent

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Sale History for 3980 Mckenzie St

Last sold for $450,000 on March 11th, 2020
  • March, 2020

  • Mar 12, 2020

    Date

    Sold

    CRMLS: PW20030563

    $450,000

    Price

  • Feb 20, 2020

    Date

    Pending

    CRMLS: PW20030563

    $430,000

    Price

  • Feb 20, 2020

    Date

    Active

    CRMLS: PW20030563

    $430,000

    Price

  • Feb 19, 2020

    Date

    Hold

    CRMLS: PW20030563

    $430,000

    Price

  • Feb 11, 2020

    Date

    Active

    CRMLS: PW20030563

    $430,000

    Price

  • March, 2020

  • Mar 11, 2020

    Date

    Sold (Public Records)

    Public Records

    $450,000

    Price

  • February, 2020

  • Feb 21, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 3980 Mckenzie St

Assessed Value (2020): $293,392
Year Land Value Improved Value Assessed Value
2020 $78,030 $215,362 $293,392

Home Value Compared to the Market

This property vs the competition

3980 Mckenzie St sold on March 11, 2020 for 36.3% lower 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 $248.55 per/sqft which puts the price per square foot 33.36% lower than the current median sale per square foot for the city of Riverside.

About 3980 Mckenzie St

Detailed summary of property

3980 Mckenzie St is a multi family that recently sold in Riverside, CA 92503. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 1,730 living square feet, and sits on an approximately 6,534 square foot lot. 3980 Mckenzie St was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $450,000. 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 36.3% lower than the current median priced home. While the average home in Riverside, CA is selling in 48 days, 3980 Mckenzie St has a days on market of 8 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 3980 Mckenzie St Riverside, CA 92503 contact Ardent Real Estate Group and we will put you in touch with one of our Riverside agents.

Public Facts for 3980 Mckenzie St

Public county record property details
Beds
2
Baths
1
Year built
1985
Sq. Ft.
660
Lot Size
6,534
Stories
1
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Riverside
Lot#
3,4
APN
191-322-046

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
$699,900
Median List Price/Sq.Ft.
$373
Median Sold Price
$632,000
Median Sold Price/Sq.Ft.
$409
Total Inventory
140
Median Sale to List Price %
101.94%
Avg Days on Market
17
Loan Type
Conventional (45.45%), FHA (27.27%), VA (0%), Cash (12.12%), Other (15.15%)

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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.