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7432 Potomac St, Riverside, CA 92504
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7432 Potomac St Riverside, CA 92504

$375,000 Sold Price as of 04/22/2019
  • 4 Beds
  • 2 Baths
  • 1,589 Sq.Ft.
Sold
$375,000 Sold Price as of 04/22/2019 Refinance Your Mortgage
Map preview of 7432 Potomac St, Riverside, CA 92504

Property Overview: 7432 Potomac St Riverside, CA has 4 bedrooms, 2 bathrooms, 1,589 living square feet and 7,405 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: ** Investor Rental Duplex Property ** Each of the units contains 2 bedrooms and 1 full bath. Long term tenants in place. 2 single garages. Centrally located on a beautiful tree-lined street, close to shopping and schools. One of the units has its own private yard.

Listed by RUPINDER AZROT | BRE #02050423 | MURRAY REAL ESTATE
Last checked: 12 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
7,405
HOA Dues
$0/mo
Year built
1952
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
IV19054899
City
Riverside
County
Riverside
Time on Site
1395 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $30,000
  • Net Operating Income: $28,440
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $1,560
  • New Taxes: $0
  • Trash: $60
  • Insurance: $68
  • Water/Sewer: $0

Property Details for 7432 Potomac St

Interior Features
Heating Information
  • No Heating
  • None
Laundry Information
  • Has Laundry
  • Inside
Room Information
  • All Bedrooms Down, Kitchen, Living Room
Kitchen Information
  • Has Appliances
  • Disposal, Gas Range
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
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 0-1 Unit/Acre, Paved
  • Lot Size Source: Assessor
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 230122008
  • Year Built Source: Appraiser
  • 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: North on Madison, right on Potomac
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Riverside Agent

Sale History for 7432 Potomac St

Last sold for $375,000 on April 22nd, 2019

  • April, 2019

  • Apr 23, 2019

    Date

    Sold

    CRMLS: IV19054899

    $375,000

    Price

  • Mar 20, 2019

    Date

    Pending

    CRMLS: IV19054899

    $399,000

    Price

  • Mar 14, 2019

    Date

    Active

    CRMLS: IV19054899

    $399,000

    Price

  • Mar 13, 2019

    Date

    Active Under Contract

    CRMLS: IV19054899

    $399,000

    Price

  • Mar 12, 2019

    Date

    Active

    CRMLS: IV19054899

    $399,000

    Price

  • Mar 12, 2019

    Date

    Active Under Contract

    CRMLS: IV19054899

    $399,000

    Price

  • Mar 12, 2019

    Date

    Active

    CRMLS: IV19054899

    $399,000

    Price

  • April, 2019

  • Apr 22, 2019

    Date

    Sold (Public Records)

    Public Records

    $375,000

    Price

  • May, 2018

  • May 11, 2018

    Date

    Expired

    CRMLS: IG18032390

    $399,999

    Price

  • Apr 13, 2018

    Date

    Withdrawn

    CRMLS: IG18032390

    $399,999

    Price

  • Apr 4, 2018

    Date

    Pending

    CRMLS: IG18032390

    $399,999

    Price

  • Mar 29, 2018

    Date

    Sold

    CRMLS: IG18032390

    --

    Price

  • Mar 24, 2018

    Date

    Active Under Contract

    CRMLS: IG18032390

    $399,999

    Price

  • Mar 5, 2018

    Date

    Active

    CRMLS: IG18032390

    $399,999

    Price

  • Feb 23, 2018

    Date

    Active Under Contract

    CRMLS: IG18032390

    $399,999

    Price

  • Feb 10, 2018

    Date

    Active

    CRMLS: IG18032390

    $399,999

    Price

  • Listing provided courtesy of CRMLS

    Duplex! Each of the units contain 2 bedrooms and 1 full bath. Long term tenants in place. However, units can be delivered vacant. Centrally located on a beautiful tree-lined street, close to shopping and schools. Back unit has its own private yard. Must see! Won't last!

  • January, 2018

  • Jan 10, 2018

    Date

    Expired

    CRMLS: IG17160125

    $395,000

    Price

  • Aug 28, 2017

    Date

    Withdrawn

    CRMLS: IG17160125

    $395,000

    Price

  • Aug 12, 2017

    Date

    Active

    CRMLS: IG17160125

    $395,000

    Price

  • Jul 28, 2017

    Date

    Active Under Contract

    CRMLS: IG17160125

    $395,000

    Price

  • Jul 13, 2017

    Date

    Active

    CRMLS: IG17160125

    $395,000

    Price

  • Listing provided courtesy of CRMLS

    2 on a lot! Live in one and rent the other! Perfect for the first time home buyer or savvy investor looking to build his portfolio. Each of the units contain 2 bedrooms and 1 full bath. Centrally located on a beautiful tree-lined street, close to shopping and schools. Back unit has its own private yard. Must see! Won't last!

  • April, 2016

  • Apr 20, 2016

    Date

    Sold (Public Records)

    Public Records

    $350,000

    Price

Show More

Tax History for 7432 Potomac St

Assessed Value (2020): $382,499
Year Land Value Improved Value Assessed Value
2020 $76,501 $305,998 $382,499

Home Value Compared to the Market

This property vs the competition

7432 Potomac St sold on April 22, 2019 for 40.89% 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 $251.1 per/sqft which puts the price per square foot 32.68% lower than the current median sale per square foot for the city of Riverside.

About 7432 Potomac St

Detailed summary of property

7432 Potomac St is a multi family that recently sold in Riverside, CA 92504. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 1,589 living square feet, and sits on an approximately 7,405 square foot lot. 7432 Potomac St was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $375,000. 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 40.89% lower than the current median priced home. While the average home in Riverside, CA is selling in 48 days, 7432 Potomac St has a days on market of 8 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 7432 Potomac St Riverside, CA 92504 contact Ardent Real Estate Group and we will put you in touch with one of our Riverside agents.

Public Facts for 7432 Potomac St

Public county record property details
Beds
4
Baths
2
Year built
1952
Sq. Ft.
1,589
Lot Size
7,405
Stories
1
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Riverside
Lot#
28
APN
230-122-008

The source for these homes facts are from public records.

92504 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$635,000
Median List Price/Sq.Ft.
$403
Median Sold Price
$643,000
Median Sold Price/Sq.Ft.
$422
Total Inventory
107
Median Sale to List Price %
102.88%
Avg Days on Market
21
Loan Type
Conventional (44.83%), FHA (20.69%), VA (3.45%), Cash (24.14%), Other (6.9%)

Thinking of Selling?

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(714) 706-1823

Homes for Sale Near 7432 Potomac St

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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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