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4603 Jurupa Ave, Riverside, CA 92506
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4603 Jurupa Ave Riverside, CA 92506

$950,000
  • 6 Beds
  • 3 Baths
  • 2,088 Sq.Ft.
For Sale
$950,000 Get Pre-Qualified
Map preview of 4603 Jurupa Ave, Riverside, CA 92506

Property Overview: 4603 Jurupa Ave Riverside, CA has 6 bedrooms, 3 bathrooms, 2,088 living square feet and 16,553 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: $1965 new lease! Cap Rate 5.8%* Large back patios for each unit Possible expansion on unit 4607 Near schools, shopping and downtown Units never vacant, well maintained, with garages Rare, hard to find triplex for sale Upgrades in each: Granite counter, paneled doors, double paned windows, newly painted

Listed by Jonathan Minerick | BRE #01523060 | Homecoin.com
Last checked: 3 minutes ago | Last updated: August 27th, 2024 | Source CRMLS | DOM: 107

Home details

Lot Sq. Ft
16,553
HOA Dues
$0/mo
Year built
1955
Garage
1 Car
Property Type:
Triplex
Status
Active
MLS#
TR24110610
City
Riverside
County
Riverside
Time on Site
106 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,775
  • Total Rent: $21,300
  • Pro Forma/Market Rent: $23,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $21,600
  • Pro Forma/Market Rent: $23,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,815
  • Total Rent: $21,780
  • Pro Forma/Market Rent: $23,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $64,680
  • Net Operating Income: $50,180
  • Gross Operating Income: $64,680
  • Vacancy Allowance: $0
Annual Expense Breakdown
  • Total Operating Expense: $14,500
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $1,000
  • Trash: $0
  • Insurance: $1,300
  • Water/Sewer: $0

Open Houses for 4603 Jurupa Ave

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Property Details for 4603 Jurupa Ave

Interior Features
Heating Information
  • Has Heating
  • Natural Gas, Wall Furnace
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup
Room Information
  • Flooring: Laminate
  • All Bedrooms Down, Family Room, Main Floor Bedroom
Kitchen Information
  • Has Appliances
  • Electric Oven, Disposal, Gas Range, Gas Water Heater
Interior Features
  • Granite Counters
  • Levels: One
  • Window Features: ENERGY STAR Qualified Windows, Insulated Windows, Tinted Windows, Triple Pane Windows
  • Security Features: Smoke Detector(s)
  • Door Features: Panel Doors
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Block, Good Condition, New Condition, Privacy, Security, Wood
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway Level, Garage - Single Door, Private
Lot Information
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard, Level with Street, Level, Sprinklers Manual, Utilities - Overhead, Value In Land
  • Lot Size Source: Public Records
  • Common Interest: Planned Development
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 218160055
  • Year Built Source: Public Records
  • Architectural Style: Traditional
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is not Attached
  • Accessibility Features: 2+ Access Exits
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Phone Connected, Sewer Available, Water Connected
Location / Neighborhood
Location Information
  • Directions: Heading N Palm Ave turn left to Jurupa Ave
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Privately Maintained
Neighborhood Information
  • Community Features: Biking, Curbs, Dog Park, Gutters, Park, Sidewalks, Suburban
View more facts & features

Local Riverside Agent

Sale History for 4603 Jurupa Ave

Last sold for $505,000 on September 25th, 2018

  • June, 2024

  • Jun 3, 2024

    Date

    Active

    CRMLS: TR24110610

    $1,025,000

    Price

  • September, 2018

  • Sep 25, 2018

    Date

    Sold

    CRMLS: CV18155775

    $505,000

    Price

  • Aug 25, 2018

    Date

    Pending

    CRMLS: CV18155775

    $495,000

    Price

  • Jul 26, 2018

    Date

    Active Under Contract

    CRMLS: CV18155775

    $495,000

    Price

  • Jun 29, 2018

    Date

    Active

    CRMLS: CV18155775

    $495,000

    Price

  • Listing provided courtesy of CRMLS

    MAGNOLIA TOWN CENTER TRI-PLEX: Priced to sell fast. Plenty of room for opportunity. Turn-key investment opportunity for a cash or conventional buyer located in the desirable Magnolia Center area of Riverside. This three on a lot zoned MULTI-FAMILY property has potential as a flip or hold for rental income. Six bedrooms, three bathrooms, three units (3 x 2/1) each with separate garage. All units have their own fenced yard on separate gas and electric meters. Large deep lot. Buyer is responsible to independently confirm all aspects of the property including but not limited to square foot, building permits, zoning, and condition prior to purchase. Close to schools and shopping. Just 2 blocks from Magnolia town Center. PLEASE Do not enter property without appointment. Property sold "as-is". All city/building permits available.

  • September, 2018

  • Sep 25, 2018

    Date

    Sold (Public Records)

    Public Records

    $505,000

    Price

  • October, 2017

  • Oct 17, 2017

    Date

    Price Change

    CRMLS: I12002317

    $349,900

    Price

  • Listing provided courtesy of CRMLS

    Very nice triplex in good area of Riverside. Close to schools, Shopping and RCC. Fully rented with longterm tenents. Well maintained with newer roof and water heaters for all units.

  • October, 2017

  • Oct 17, 2017

    Date

    Price Change

    CRMLS: I07064686

    $499,000

    Price

  • Oct 17, 2017

    Date

    Price Change

    CRMLS: I07064686

    $585,000

    Price

  • Oct 17, 2017

    Date

    Price Change

    CRMLS: I07064686

    $550,000

    Price

  • Oct 17, 2017

    Date

    Price Change

    CRMLS: I07064686

    $575,000

    Price

  • Oct 17, 2017

    Date

    Price Change

    CRMLS: I07064686

    $459,000

    Price

  • Listing provided courtesy of CRMLS

    Very nice triplex in good area of Riverside. Close to schools, Shopping and RCC. Fully rented with longterm tenents. Well maintained with newer roof and water heaters for all units. Drive by only.Do Not Disturb Tenents.

  • February, 2015

  • Feb 13, 2015

    Date

    Sold (Public Records)

    Public Records

    $400,000

    Price

  • December, 2014

  • Dec 9, 2014

    Date

    Price Change

    CRMLS: IV14161784

    $430,000

    Price

  • Jul 30, 2014

    Date

    Price Change

    CRMLS: IV14161784

    $475,000

    Price

  • Listing provided courtesy of CRMLS

    Very nice triplex in good area of Riverside. Close to schools, Shopping and RCC. Fully rented with longterm tenents. Well maintained with newer roof and water heaters for all units.

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Tax History for 4603 Jurupa Ave

Assessed Value (2020): $515,100
Year Land Value Improved Value Assessed Value
2020 $91,800 $423,300 $515,100

Home Value Compared to the Market

This property vs the competition

4603 Jurupa Ave is listed 37.68% 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 $373 and this home is listed at $454.98 per/sqft which puts the price per square foot 21.98% higher than the median price per square foot for the city of Riverside.

About 4603 Jurupa Ave

Detailed summary of property

4603 Jurupa Ave is a triplex located in Riverside, CA 92506 and is currently for sale. This triplex offers 6 bedrooms, 3 bathrooms, roughly 2,088 living square feet, and sits on an approximately 16,553 square foot lot. 4603 Jurupa Ave was first listed on ArdentRealEstateGroup.com on June 4, 2024. The homeowner is currently asking $950,000 and was originally asking $1,025,000. The median priced home in Riverside is $690,000 with a median price per square foot of $373. Based on Ardent Real Estate Group's Riverside Market Data, this home is listed 37.68% higher than the median priced home. Local competing homes currently for sale include 1002 W 8th St, 148 Magnolia Ave and 2701 N E St. While the average home in Riverside, CA is selling in 53 days, 4603 Jurupa Ave has a days on market of 107 days. There are currently 791 homes for sale in the Riverside real estate market and 727 of them are single family homes while 55 of them are condos and 9 are townhomes. For more information on this home for sale at 4603 Jurupa Ave Riverside, CA 92506 contact Ardent Real Estate Group and we will put you in touch with one of our Riverside agents.

Public Facts for 4603 Jurupa Ave

Public county record property details
Beds
6
Baths
3
Year built
1955
Sq. Ft.
2,088
Lot Size
16,552
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Riverside
Lot#
255
APN
218-160-055

The source for these homes facts are from public records.

92506 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$760,000
Median List Price/Sq.Ft.
$389
Median Sold Price
$640,000
Median Sold Price/Sq.Ft.
$400
Total Inventory
134
Median Sale to List Price %
98.46%
Avg Days on Market
30
Loan Type
Conventional (52.5%), FHA (10%), VA (2.5%), Cash (20%), Other (15%)

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(714) 706-1823

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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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