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4645 Arlington Ave, Riverside, CA 92504
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4645 Arlington Ave Riverside, CA 92504

$11,000,000
  • 2640 Beds
  • 2640 Baths
  • 33,884 Sq.Ft.
For Sale
$11,000,000 Get Pre-Qualified
Map preview of 4645 Arlington Ave, Riverside, CA 92504

Property Overview: 4645 Arlington Ave Riverside, CA has 2640 bedrooms, 2640 bathrooms, 33,884 living square feet and 67,860 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: Trust sale – First time on market in decades. 44 unit multifamily complex minutes from the 91 freeway and downtown Riverside. Income growth opportunity, tenant repositioning opportunity. The 91 freeway corridor is one of the fastest growing markets in southern California. Gross income has increased each year from 2022, 2023 and on track for 2024 gross income increase by $90,000. Tenant pays gas, electricity, internet. Two building and two APNs. Property is sold in As Is condition, seller will not make any repairs.

Listed by Todd Wohl | BRE #01912556 | Premiere Estates International Real Estate
Last checked: 8 minutes ago | Last updated: August 22nd, 2024 | Source CRMLS | DOM: 24

Home details

Lot Sq. Ft
67,860
HOA Dues
$0/mo
Year built
1967
Garage
4 Car
Property Type:
Apartment
Status
Active
MLS#
SB24174317
City
Riverside
County
Riverside
Time on Site
26 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 44
  • Total # of Buildings: 2
  • # of Electric Meters: 44
  • # of Gas Meters: 44
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 44
  • # of Beds: 60
  • # of Baths: 60
  • Garage Spaces: 60
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $763,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $763,000
  • Net Operating Income: $483,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $280,000
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $0

Open Houses for 4645 Arlington Ave

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Property Details for 4645 Arlington Ave

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Exterior Features
Exterior Features
  • Has Pool
  • Pool Features: Private, Fenced, In Ground
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 43
  • Has Parking
  • Parking Features: Carport, Driveway, Garage
Lot Information
  • Lot Features: Lawn
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 44
  • Parcel Number: 226210019
  • Year Built Source: Appraiser
  • Entry Level: 1
  • Property is Attached
  • Has Additional Parcels
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: off the 91 at arlington ave
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Riverside Agent

Sale History for 4645 Arlington Ave

Last sold on May 31st, 2008

  • August, 2024

  • Aug 22, 2024

    Date

    Active

    CRMLS: SB24174317

    $11,000,000

    Price

  • May, 2008

  • May 31, 2008

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 4645 Arlington Ave

Assessed Value (2020): $1,142,141
Year Land Value Improved Value Assessed Value
2020 $239,774 $902,367 $1,142,141

Home Value Compared to the Market

This property vs the competition

4645 Arlington Ave is listed 1494.2% 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 $324.64 per/sqft which puts the price per square foot 12.97% lower than the median price per square foot for the city of Riverside.

About 4645 Arlington Ave

Detailed summary of property

4645 Arlington Ave is a apartment located in Riverside, CA 92504 and is currently for sale. This apartment offers 2640 bedrooms, 2640 bathrooms, roughly 33,884 living square feet, and sits on an approximately 67,860 square foot lot. 4645 Arlington Ave was first listed on ArdentRealEstateGroup.com on August 22, 2024. The homeowner is currently asking $11,000,000. 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 1494.2% higher than the median priced home. Local competing homes currently for sale include 2041 N Vermont Ave, 130 N Alexandria Ave and 5026 Rosewood Ave. While the average home in Riverside, CA is selling in 53 days, 4645 Arlington Ave has a days on market of 24 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 4645 Arlington Ave Riverside, CA 92504 contact Ardent Real Estate Group and we will put you in touch with one of our Riverside agents.

Public Facts for 4645 Arlington Ave

Public county record property details
Beds
--
Baths
--
Year built
1967
Sq. Ft.
--
Lot Size
33,976
Stories
2
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Riverside
Lot#
5
APN
226-210-019

The source for these homes facts are from public records.

92504 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$670,000
Median List Price/Sq.Ft.
$391
Median Sold Price
$630,000
Median Sold Price/Sq.Ft.
$425
Total Inventory
90
Median Sale to List Price %
98.44%
Avg Days on Market
30
Loan Type
Conventional (33.33%), FHA (30.3%), VA (0%), Cash (21.21%), 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.

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