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6161 Marcia Court, Riverside, CA 92509
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6161 Marcia Court Riverside, CA 92509

$2,870,000 Sold Price as of 01/24/2022
  • 23 Beds
  • 15 Baths
  • 8,730 Sq.Ft.
Sold
$2,870,000 Sold Price as of 01/24/2022 Refinance Your Mortgage
Map preview of 6161 Marcia Court, Riverside, CA 92509

Property Overview: 6161 Marcia Court Riverside, CA has 23 bedrooms, 15 bathrooms, 8,730 living square feet and 50,258 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 7 stick built houses (the Manufactured homes have been removed from the listing) must be sold together. All long term tenants, all current on rents - no deferred covid rents. all separately metered. All Riverside and Jurupa Valley homes. Tenants average over 12 year tenancy.

Listed by LARRY ROBILLARD | BRE #00850171 | REALTY MASTERS & ASSOCIATES
Last checked: 15 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 118

Home details

Lot Sq. Ft
50,258
HOA Dues
$0/mo
Year built
1975
Garage
12 Car
Property Type:
Multi Family
Status
Sold
MLS#
IV21182094
City
Riverside
County
Riverside
Time on Site
1137 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 7
  • # of Leased Units: 9
  • # of Electric Meters: 7
  • # of Gas Meters: 7
  • # of Water Meters: 7
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,650
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $1,950
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,900
  • Total Rent: $1,900
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,400
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $2,650
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $1,950
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $166,800
  • Net Operating Income: $127,050
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $39,750
  • New Taxes: $35,750
  • Trash: $0
  • Insurance: $4,000
  • Professional Management: $0

Property Details for 6161 Marcia Court

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 12
  • # of Parking Spaces: 12
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Estimated
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 7
  • Parcel Number: 166501022
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: drive by only 7 separate house in Riverside, Jurupa Valley and Unincorporated County
Neighborhood Information
  • Community Features: Suburban
View more facts & features

Local Riverside Agent

Sale History for 6161 Marcia Court

Last sold for $2,870,000 on January 24th, 2022

  • January, 2022

  • Jan 26, 2022

    Date

    Sold

    CRMLS: IV21182094

    $2,870,000

    Price

  • Aug 18, 2021

    Date

    Active

    CRMLS: IV21182094

    $3,800,000

    Price

  • September, 1994

  • Sep 30, 1994

    Date

    Sold (Public Records)

    Public Records

    $116,000

    Price

Show More

Tax History for 6161 Marcia Court

Assessed Value (2020): $167,375
Year Land Value Improved Value Assessed Value
2020 $46,058 $121,317 $167,375

Home Value Compared to the Market

This property vs the competition

6161 Marcia Court sold on January 24, 2022 for 400% higher than the current median sold price for the city of Riverside which is $650,000. The median sold price per/sqft for Riverside is $389 and this home is sold at $372.28 per/sqft which puts the price per square foot 4.3% lower than the current median sale per square foot for the city of Riverside.

About 6161 Marcia Court

Detailed summary of property

6161 Marcia Court is a multi family that recently sold in Riverside, CA 92509. This multi family property offered 23 bedrooms, 15 bathrooms, roughly 8,730 living square feet, and sits on an approximately 50,258 square foot lot. 6161 Marcia Court was first listed on ArdentRealEstateGroup.com on August 18, 2021. The homeowner sold the property for $2,870,000. Home in Riverside are selling for a median price of $650,000 and a median price per square foot of $389. Based on Ardent Real Estate Group's Riverside Market Data, this home is sold 400% higher than the current median priced home. Local homes that are currently for sale include 2422 Santa Ana Ave, 283 Dolphin Way and 31729 Fairview Rd. While the average home in Riverside, CA is selling in 54 days, 6161 Marcia Court has a days on market of 118 days. There are currently 797 homes for sale in the Riverside real estate market and 733 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 6161 Marcia Court Riverside, CA 92509 contact Ardent Real Estate Group and we will put you in touch with one of our Riverside agents.

Public Facts for 6161 Marcia Court

Public county record property details
Beds
4
Baths
3
Year built
1986
Sq. Ft.
1,508
Lot Size
4,791
Stories
2
Type
Single Family Residential
Pool
No
Spa
No
County
Riverside
Lot#
52
APN
166-501-022

The source for these homes facts are from public records.

92509 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.
$389
Median Sold Price
$650,000
Median Sold Price/Sq.Ft.
$404
Total Inventory
122
Median Sale to List Price %
99.69%
Avg Days on Market
19
Loan Type
Conventional (51.52%), FHA (30.3%), VA (3.03%), Cash (6.06%), Other (6.06%)

Thinking of Selling?

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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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