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5964 Crest Ave, Riverside, CA 92503
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5964 Crest Ave Riverside, CA 92503

$820,000 Sold Price as of 04/19/2021
  • 8 Beds
  • 4 Baths
  • 2,880 Sq.Ft.
Sold
$820,000 Sold Price as of 04/19/2021 Refinance Your Mortgage
Map preview of 5964 Crest Ave, Riverside, CA 92503

Property Overview: 5964 Crest Ave Riverside, CA has 8 bedrooms, 4 bathrooms, 2,880 living square feet and 10,019 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: INVESTORS! INVESTORS! INVESTORS! This Multi Family property is (4) 2 bedroom / 1 bath units. It consists of two individual single level buildings housing 2 units each with a huge driveway in the center for tenant parking. Property has been upgraded and improved over the years of ownership. Each unit is individually metered for gas and electric. The owner pays for water and gardening which runs about $200 per month. Each unit has a wall A/C and a gas wall heater inside. Each unit also has their own individual backyard. Property located in a coveted school district which offers after school programs for children which is highly attractive for tenants. Hurry this property won't last long!

Listed by Ryan Robson | BRE #01261783 | U.S. Real Estate Services, Inc
Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
10,019
HOA Dues
$0/mo
Year built
1959
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
OC21043679
City
Riverside
County
Riverside
Time on Site
1218 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $4,800
  • Pro Forma/Market Rent: $5,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $57,600
  • Net Operating Income: $44,305
  • Gross Operating Income: $57,600
Annual Expense Breakdown
  • Total Operating Expense: $13,295
  • Licenses: $150
  • New Taxes: $9,045
  • Trash: $0
  • Gardener: $1,200
  • Insurance: $1,700
  • Water/Sewer: $1,200

Property Details for 5964 Crest Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Rolled/Hot Mop
  • Has Fence
  • Chain Link
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 150232005
  • 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: Tyler to Cypress to Crest
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

Local Riverside Agent

Sale History for 5964 Crest Ave

Last sold for $820,000 on April 19th, 2021

  • April, 2021

  • Apr 22, 2021

    Date

    Sold

    CRMLS: OC21043679

    $820,000

    Price

  • Mar 28, 2021

    Date

    Price Change

    CRMLS: OC21043679

    $765,000

    Price

  • Mar 28, 2021

    Date

    Active Under Contract

    CRMLS: OC21043679

    $815,000

    Price

  • Mar 28, 2021

    Date

    Active

    CRMLS: OC21043679

    $815,000

    Price

  • Mar 28, 2021

    Date

    Price Change

    CRMLS: OC21043679

    $815,000

    Price

  • Mar 6, 2021

    Date

    Active Under Contract

    CRMLS: OC21043679

    $765,000

    Price

  • Mar 2, 2021

    Date

    Active

    CRMLS: OC21043679

    $765,000

    Price

  • August, 2004

  • Aug 19, 2004

    Date

    Sold (Public Records)

    Public Records

    $375,000

    Price

Show More

Tax History for 5964 Crest Ave

Assessed Value (2021): $331,777
Year Land Value Improved Value Assessed Value
2021 $103,119 $228,658 $331,777

Home Value Compared to the Market

This property vs the competition

5964 Crest Ave sold on April 19, 2021 for 15.91% 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 $265.63 per/sqft which puts the price per square foot 26.42% lower than the current median sale per square foot for the city of Riverside.

About 5964 Crest Ave

Detailed summary of property

5964 Crest Ave is a multi family that recently sold in Riverside, CA 92503. This multi family property offered 8 bedrooms, 4 bathrooms, roughly 2,880 living square feet, and sits on an approximately 10,019 square foot lot. 5964 Crest Ave was first listed on ArdentRealEstateGroup.com on March 3, 2021. The homeowner sold the property for $820,000. 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 15.91% higher than the current median priced home. Local homes that are currently for sale include 1007 E Maple St, 1901 E 68th St and 1901 E 68th St. There are currently 744 homes for sale in the Riverside real estate market and 688 of them are single family homes while 47 of them are condos and 9 are townhomes. For more information on this home for sale at 5964 Crest Ave Riverside, CA 92503 contact Ardent Real Estate Group and we will put you in touch with one of our Riverside agents.

Public Facts for 5964 Crest Ave

Public county record property details
Beds
--
Baths
--
Year built
1959
Sq. Ft.
--
Lot Size
10,018
Stories
1
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Riverside
Lot#
2
APN
150-232-005

The source for these homes facts are from public records.

92503 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$659,900
Median List Price/Sq.Ft.
$391
Median Sold Price
$660,000
Median Sold Price/Sq.Ft.
$367
Total Inventory
139
Median Sale to List Price %
98.51%
Avg Days on Market
22
Loan Type
Conventional (55.1%), FHA (22.45%), VA (4.08%), Cash (14.29%), Other (4.08%)

Thinking of Selling?

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Recently Sold Homes Near 5964 Crest Ave

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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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