5114 La Sierra Ave, Riverside, CA 92505
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5114 La Sierra Ave Riverside, CA 92505

$800,000 Sold Price as of 04/04/2022
  • 20 Beds
  • 16 Baths
  • 2,800 Sq.Ft.
Sold
$800,000 Sold Price as of 04/04/2022 Refinance Your Mortgage

Map preview of 5114 La Sierra Ave, Riverside, CA 92505

Property Overview: 5114 La Sierra Ave Riverside, CA has 20 bedrooms, 16 bathrooms, 2,800 living square feet and 12,197 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: La Sierra is a 4 Unit Multiplex centrally located in Riverside. La Sierra includes 4 units. One unit is 3 bedrooms with 1 bath. One unit is 1 bedroom 1 one bath. Two units are 2 bedrooms and 1 bath. The complex also comes with a nice size lawn and separate gardening area. The multiplex is on an oversized lot with plenty of driveway parking and another large parking area to the rear of the complex.

Listed by Jeremy Aldridge | BRE #01405411 | The Ridge Realty Group
Last checked: 10 minutes ago | Last updated: September 24th, 2022 | Source CRMLS | DOM: 4

Home details

Lot Sq. Ft
12,197
HOA Dues
$0/mo
Year built
1945
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
PW22047993
City
Riverside
County
Riverside
Time on Site
799 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Electric Meters: 1
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 5
  • # of Baths: 4
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $74,400
  • Net Operating Income: $69,800
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $4,600
  • Electric: $350
  • Gas/Fuel: $0
  • Trash: $75
  • Insurance: $250
  • Water/Sewer: $225

Property Details for 5114 La Sierra Ave

Interior Features
Heating Information
  • No Heating
  • None
Laundry Information
  • Has Laundry
  • Inside
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
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: 146050009
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: see map
Neighborhood Information
  • Community Features: Suburban
View more facts & features

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Sale History for 5114 La Sierra Ave

Last leased for $1,900 on September 23rd, 2022
  • September, 2022

  • Sep 23, 2022

    Date

    Leased

    CRMLS: SW22110548

    $1,900

    Price

  • May 31, 2022

    Date

    Active

    CRMLS: SW22110548

    $2,850

    Price

  • Listing provided courtesy of CRMLS

    Fully remodeled quadruplex with four freshly painted and upgraded units! Brand new flooring, bathroom vanities, laundry room, and more! Carport access and ALL utilities included! Near local schools, shopping, and freeway access. Shared driveway and yard space - Come check out this quaint complex and all it has to offer! Only 1 bedroom 1 full bathroom unit left!

  • March, 2022

  • Mar 14, 2022

    Date

    Hold

    CRMLS: PW22047993

    $799,999

    Price

  • Mar 10, 2022

    Date

    Active

    CRMLS: PW22047993

    $799,999

    Price

  • March, 2005

  • Mar 31, 2005

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 5114 La Sierra Ave

Assessed Value (2020): $191,296
Year Land Value Improved Value Assessed Value
2020 $47,339 $143,957 $191,296

Home Value Compared to the Market

This property vs the competition

5114 La Sierra Ave sold on April 4, 2022 for 18.52% 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 $285.71 per/sqft which puts the price per square foot 23.4% lower than the current median sale per square foot for the city of Riverside.

About 5114 La Sierra Ave

Detailed summary of property

5114 La Sierra Ave is a multi family that recently sold in Riverside, CA 92505. This multi family property offered 20 bedrooms, 16 bathrooms, roughly 2,800 living square feet, and sits on an approximately 12,197 square foot lot. 5114 La Sierra Ave was first listed on ArdentRealEstateGroup.com on March 10, 2022. The homeowner sold the property for $800,000. 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 18.52% higher than the current median priced home. Local homes that are currently for sale include 607 S Plum Ave, 221 E Sunkist St and 12980 6th St. While the average home in Riverside, CA is selling in 48 days, 5114 La Sierra Ave has a days on market of 4 days. There are currently 681 homes for sale in the Riverside real estate market and 631 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 5114 La Sierra Ave Riverside, CA 92505 contact Ardent Real Estate Group and we will put you in touch with one of our Riverside agents.

Public Facts for 5114 La Sierra Ave

Public county record property details
Beds
1
Baths
1
Year built
1947
Sq. Ft.
480
Lot Size
12,196
Stories
1
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Riverside
Lot#
1
APN
146-050-009

The source for these homes facts are from public records.

92505 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$669,888
Median List Price/Sq.Ft.
$367
Median Sold Price
$700,000
Median Sold Price/Sq.Ft.
$333
Total Inventory
66
Median Sale to List Price %
103.7%
Avg Days on Market
23
Loan Type
Conventional (52.63%), FHA (15.79%), VA (5.26%), Cash (26.32%), Other (0%)

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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.