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5954 La Sierra Ave, Riverside, CA 92505
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5954 La Sierra Ave Riverside, CA 92505

$750,000 Sold Price as of 02/24/2021
  • 7 Beds
  • 5 Baths
  • 3,500 Sq.Ft.
Sold
$750,000 Sold Price as of 02/24/2021 Refinance Your Mortgage
Map preview of 5954 La Sierra Ave, Riverside, CA 92505

Property Overview: 5954 La Sierra Ave Riverside, CA has 7 bedrooms, 5 bathrooms, 3,500 living square feet and 14,375 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Investor Alert! Location! Location! Location! This 4 unit property is surrounded by single family homes and not other apartments or units. Consisting of 2 separate buildings. Unit A is a 3 bedroom 2 bath rented for $1,800. Unit B is a 2 bedroom 1 bath rented for $1,300. Unit C is a 1 bedroom 1 bath rented for $1,000. Unit D is a studio and is rented for $890. All four units have their own storage shed. Plenty of parking and 2 separate fenced in backyards. Coin operated laundry on site. All units are in very good condition inside and out. Extremely low taxes! Has solar $155 a month.

Listed by Cody Medlin | BRE #01996380 | National Realty Group
Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 110

Home details

Lot Sq. Ft
14,375
HOA Dues
$0/mo
Year built
1948
Garage
--
Property Type:
Fourplex
Status
Sold
MLS#
SW20207005
City
Riverside
County
Riverside
Time on Site
1353 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 4
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $1,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $890
  • Total Rent: $890
  • Pro Forma/Market Rent: $890
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $61,056
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 5954 La Sierra Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Common Area
Room Information
  • All Bedrooms Down, Kitchen
Kitchen Information
  • Has Appliances
  • Gas Range, Water Heater
Interior Features
  • Levels: One
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Chain Link, Wood
  • Other Structures: Shed(s), Storage
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: Front Yard, Yard
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Has View
  • View: Hills
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 149150052
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: La Sierra close to Cypress and Arlington
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Riverside Agent

Sale History for 5954 La Sierra Ave

Last sold for $750,000 on February 24th, 2021

  • February, 2021

  • Feb 25, 2021

    Date

    Sold

    CRMLS: SW20207005

    $750,000

    Price

  • Jan 29, 2021

    Date

    Pending

    CRMLS: SW20207005

    $780,000

    Price

  • Dec 4, 2020

    Date

    Price Change

    CRMLS: SW20207005

    $780,000

    Price

  • Oct 2, 2020

    Date

    Active

    CRMLS: SW20207005

    $799,000

    Price

  • February, 2021

  • Feb 24, 2021

    Date

    Sold (Public Records)

    Public Records

    $750,000

    Price

  • June, 2019

  • Jun 3, 2019

    Date

    Sold

    CRMLS: SW19081061

    $630,000

    Price

  • Apr 17, 2019

    Date

    Price Change

    CRMLS: SW19081061

    $630,000

    Price

  • Apr 16, 2019

    Date

    Pending

    CRMLS: SW19081061

    $599,900

    Price

  • Apr 10, 2019

    Date

    Active

    CRMLS: SW19081061

    $599,900

    Price

  • Listing provided courtesy of CRMLS

    Investor Alert! Location! Location! Location! This 4 unit property is surrounded by single family homes and not other apartments or units. Consisting of 2 separate buildings. Unit A is a 3 bedroom 2 bath rented for $1,600. Unit B is a 2 bedroom 1 bath rented for $1,200. Unit C is a 1 bedroom 1 bath rented for $950. Unit D is a studio and is rented for $800. All four units have their own storage shed. Plenty of parking and 2 separate fenced in backyards. Coin operated laundry on site. All units are in very good condition inside and out. Extremely low taxes!

  • May, 2019

  • May 28, 2019

    Date

    Sold (Public Records)

    Public Records

    $630,000

    Price

Show More

Tax History for 5954 La Sierra Ave

Assessed Value (2020): $642,600
Year Land Value Improved Value Assessed Value
2020 $153,000 $489,600 $642,600

Home Value Compared to the Market

This property vs the competition

5954 La Sierra Ave sold on February 24, 2021 for 18.18% higher than the current median sold price for the city of Riverside which is $660,000. The median sold price per/sqft for Riverside is $361 and this home is sold at $222.86 per/sqft which puts the price per square foot 38.27% lower than the current median sale per square foot for the city of Riverside.

About 5954 La Sierra Ave

Detailed summary of property

5954 La Sierra Ave is a fourplex that recently sold in Riverside, CA 92505. This fourplex offered 7 bedrooms, 5 bathrooms, roughly 3,500 living square feet, and sits on an approximately 14,375 square foot lot. 5954 La Sierra Ave was first listed on ArdentRealEstateGroup.com on October 2, 2020. The homeowner sold the property for $750,000. Home in Riverside are selling for a median price of $660,000 and a median price per square foot of $361. Based on Ardent Real Estate Group's Riverside Market Data, this home is sold 18.18% higher than the current median priced home. Local homes that are currently for sale include 856 N Arrowhead Ave, 552 Linden St and 1528 N F St. While the average home in Riverside, CA is selling in 48 days, 5954 La Sierra Ave has a days on market of 110 days. There are currently 739 homes for sale in the Riverside real estate market and 687 of them are single family homes while 44 of them are condos and 8 are townhomes. For more information on this home for sale at 5954 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 5954 La Sierra Ave

Public county record property details
Beds
5
Baths
1
Year built
1948
Sq. Ft.
1,512
Lot Size
14,374
Stories
1
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Riverside
Lot#
--
APN
149-150-052

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
$665,000
Median List Price/Sq.Ft.
$365
Median Sold Price
$675,000
Median Sold Price/Sq.Ft.
$387
Total Inventory
68
Median Sale to List Price %
102.27%
Avg Days on Market
16
Loan Type
Conventional (55%), FHA (25%), VA (5%), Cash (15%), 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.

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