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5520 Mitchell Ave, Riverside, CA 92505
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5520 Mitchell Ave Riverside, CA 92505

$685,000 Sold Price as of 11/30/2021
  • 5 Beds
  • 2 Baths
  • 1,112 Sq.Ft.
Sold
$685,000 Sold Price as of 11/30/2021 Refinance Your Mortgage
Map preview of 5520 Mitchell Ave, Riverside, CA 92505

Property Overview: 5520 Mitchell Ave Riverside, CA has 5 bedrooms, 2 bathrooms, 1,112 living square feet and 48,787 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Investor Special!! Zoned for multi family, 2 homes on one lot that is also a horse property! Tons of potential & a great investment. Close to parks, shopping and easy freeway access. This diamond in the rough won't last, just needs the right buyer! Call agent today for a showing!

Listed by Esmeralda Sandoval | BRE #01975564 | New Venture Realty
Co-listed by Edgar Sandoval | BRE #01807552 | New Venture Realty
Last checked: 10 minutes ago | Last updated: March 24th, 2024 | Source CRMLS | DOM: 2

Home details

Lot Sq. Ft
48,787
HOA Dues
$0/mo
Year built
1947
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
IG21222457
City
Riverside
County
Riverside
Time on Site
954 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: 3
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $1,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $3,700
  • Net Operating Income: $3,700
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 5520 Mitchell Ave

Interior Features
Heating Information
  • No Heating
  • None
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: Back Yard, Front Yard, Horse Property, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 149290011
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Hwy 91 exit La Sierra head North, right on Gramercy Pl, left on Mitchell, property on left hand side.
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

Local Riverside Agent

Sale History for 5520 Mitchell Ave

Last leased for $2,795 on March 19th, 2022

  • March, 2024

  • Mar 24, 2024

    Date

    Canceled

    CRMLS: PW24043610

    $1,200

    Price

  • Mar 3, 2024

    Date

    Active

    CRMLS: PW24043610

    $1,200

    Price

  • Listing provided courtesy of CRMLS

    1 acre of land for rent with access to utilities and sewage hook ups. Can’t be use for commercial vehicles parking. No large dogs and $75/month per pet. There are plenty of storages and patios on the property. You’re welcome to bring your trailer, rv and hook up to the utilities. This vacant lot is behind the house at 5520 Mitchell ave so please don’t bother the occupants. The entrance is to the right side of 5520 Mitchell ave. Showing by appointment only

  • July, 2022

  • Jul 18, 2022

    Date

    Delete

    CRMLS: PW22075740

    $1,200

    Price

  • Apr 14, 2022

    Date

    Active

    CRMLS: PW22075740

    $1,200

    Price

  • Listing provided courtesy of CRMLS

    1 acre of land with rv/trailer hook up (electric, water, and sewage) with stalls for horses and farm animals. Zoned for up to three horses, and can have chicken, goats as well. There are plenty of storages and a open patio. This vacant lot has its own gated entrance. Please call to set up viewing appointments. Please do not show up without prior appointment.

  • March, 2022

  • Mar 19, 2022

    Date

    Leased

    CRMLS: PW22044294

    $2,795

    Price

  • Mar 5, 2022

    Date

    Active

    CRMLS: PW22044294

    $2,795

    Price

  • Listing provided courtesy of CRMLS

    Newly renovated single family home, 3 bedrooms, one bath on a regular 6500 sq ft lot. very spacious bedrooms and layout. Brand new kitchen, new central air and heat, new roof, new flooring, new interior and exterior paint, new light fixtures, new vanity. Two car attached garage with entrance door to living room provide easy access and plenty of storage space. There is a huge one acre lot with separate gate entrance in the back with RV electrical/water/and sewage hookups also for rent for extra $875/month.

  • March, 2022

  • Mar 6, 2022

    Date

    Canceled

    CRMLS: PW22028719

    $2,875

    Price

  • Listing provided courtesy of CRMLS

    Newly renovated single family home, 3 bedrooms, one bath on a regular 6500 sq ft lot. very spacious bedrooms and layout. Brand new kitchen, new central air and heat, new roof, new flooring, new interior and exterior paint, new light fixtures, new vanity. Two car attached garage with entrance door to living room provide easy access and plenty of storage space. There is a huge one acre lot with separate gate entrance in the back with RV electrical/water/and sewage hookups also for rent for extra $900/month.

  • January, 2022

  • Jan 29, 2022

    Date

    Active

    CRMLS: PW22018083

    $2,200

    Price

  • Listing provided courtesy of CRMLS

    Single family home with 2 spacious bedrooms and 1 bathroom on one story. Full kitchen with laundry room inside the home. The home was completely renovated, new paint, new kitchen hood, new bathroom vanity, new faucets, new toilet, etc. There is a long driveway all the way to the back yard. The property is completely fenced and gated plus a spacious patio for outdoor activities. Pets ok but breed restriction. Please contact listing agent for showing appointment.

  • October, 2021

  • Oct 20, 2021

    Date

    Pending

    CRMLS: IG21222457

    $649,000

    Price

  • Oct 19, 2021

    Date

    Hold

    CRMLS: IG21222457

    $649,000

    Price

  • September, 1993

  • Sep 23, 1993

    Date

    Sold (Public Records)

    Public Records

    $286,000

    Price

Show More

Tax History for 5520 Mitchell Ave

Assessed Value (2020): $222,210
Year Land Value Improved Value Assessed Value
2020 $113,436 $108,774 $222,210

Home Value Compared to the Market

This property vs the competition

5520 Mitchell Ave sold on November 30, 2021 for 3.85% 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 $583.63 per/sqft which puts the price per square foot 56.47% higher than the current median sale per square foot for the city of Riverside.

About 5520 Mitchell Ave

Detailed summary of property

5520 Mitchell Ave is a multi family that recently sold in Riverside, CA 92505. This multi family property offered 5 bedrooms, 2 bathrooms, roughly 1,112 living square feet, and sits on an approximately 48,787 square foot lot. 5520 Mitchell Ave was first listed on ArdentRealEstateGroup.com on October 7, 2021. The homeowner sold the property for $685,000. 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 3.85% lower than the current median priced home. Local homes that are currently for sale include 856 N Arrowhead Ave, 933 N Mountain View Ave and 1528 N F St. While the average home in Riverside, CA is selling in 48 days, 5520 Mitchell Ave has a days on market of 2 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 5520 Mitchell 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 5520 Mitchell Ave

Public county record property details
Beds
3
Baths
1
Year built
1957
Sq. Ft.
1,112
Lot Size
48,787
Stories
1
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Riverside
Lot#
9
APN
149-290-011

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
$676,000
Median List Price/Sq.Ft.
$367
Median Sold Price
$700,000
Median Sold Price/Sq.Ft.
$333
Total Inventory
65
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%)

Thinking of Selling?

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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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