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7721 Janet Ave, Riverside, CA 92503
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7721 Janet Ave Riverside, CA 92503

$820,000 Sold Price as of 08/23/2022
  • 16 Beds
  • 16 Baths
  • 2,000 Sq.Ft.
Sold
$820,000 Sold Price as of 08/23/2022 Refinance Your Mortgage
Map preview of 7721 Janet Ave, Riverside, CA 92503

Property Overview: 7721 Janet Ave Riverside, CA has 16 bedrooms, 16 bathrooms, 2,000 living square feet and 16,500 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: ADJACENT VACANT LOT INCLUDED IN THE SALE!!!!!! Lot size listed includes estimated size of both lots combined. GREAT INVESTMENT OPPORTUNITY! or, live in one and rent out the others! 4 single story 1 bedroom 1 bathroom units. Each unit has it's own private enclosed rear yard. Laundry room on site. 4 electric meters, 4 gas meters. All units in great shape, fully rented with long time tenants. year built is estimated as no data on public info. Prime location. Walk to shopping, good freeway access.

Listed by DARLENE KEARNEY | BRE #00910009 | CAPITAL REAL ESTATE & INV
Last checked: 5 minutes ago | Last updated: October 1st, 2022 | Source CRMLS | DOM: 52

Home details

Lot Sq. Ft
16,500
HOA Dues
$0/mo
Year built
1965
Garage
--
Property Type:
Fourplex
Status
Sold
MLS#
IV22125815
City
Riverside
County
Riverside
Time on Site
709 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 5
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 4
  • # of Baths: 4
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,660
  • Total Rent: $3,660
  • Pro Forma/Market Rent: $5,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $43,920
  • Net Operating Income: $40,727
  • Gross Operating Income: --
  • Laundry Own/Lease: Lease
Annual Expense Breakdown
  • Total Operating Expense: $3,193
  • Electric: $0
  • Trash: $0
  • Gardener: $900
  • Insurance: $576
  • Water/Sewer: $900
  • Other Expenses: $816
  • Other Expense Description: laundry

Property Details for 7721 Janet Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • No Fireplace
  • None
Room Information
  • All Bedrooms Down
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
Lot Information
  • Lot Features: Back Yard
  • Lot Size Source: Estimated
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Total # of Units: 4
  • Parcel Number: 151162028
  • Year Built Source: Estimated
  • 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, Phone Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: Arlington Ave and Van Buren
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Riverside Agent

Sale History for 7721 Janet Ave

Last sold for $820,000 on August 23rd, 2022

  • October, 2022

  • Oct 1, 2022

    Date

    Expired

    CRMLS: IV22070468

    $999,900

    Price

  • Apr 7, 2022

    Date

    Active

    CRMLS: IV22070468

    $1,199,900

    Price

  • Listing provided courtesy of CRMLS

    4 units in great condition. Adjacent buildable vacant lot included in the sale. All units have a small rear enclosed yard. In or adjacent to the redevelopment area. Walk to shopping. Laundry building on site. Fully occupied. DDIVE BY ONLY!! DO NOT DISTURB OCCUPANTS. DO NOT WALK ONTO OR AROUND THE PROPERTY.

  • August, 2022

  • Aug 23, 2022

    Date

    Sold

    CRMLS: IV22125815

    $820,000

    Price

  • Jun 10, 2022

    Date

    Active

    CRMLS: IV22125815

    $899,900

    Price

  • May, 2007

  • May 4, 2007

    Date

    Sold (Public Records)

    Public Records

    $305,000

    Price

  • October, 2004

  • Oct 28, 2004

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 7721 Janet Ave

Assessed Value (2020): $326,400
Year Land Value Improved Value Assessed Value
2020 $76,500 $249,900 $326,400

Home Value Compared to the Market

This property vs the competition

7721 Janet Ave sold on August 23, 2022 for 25.91% higher 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 $424.95 per/sqft which puts the price per square foot 13.93% higher than the current median sale per square foot for the city of Riverside.

About 7721 Janet Ave

Detailed summary of property

7721 Janet Ave is a fourplex that recently sold in Riverside, CA 92503. This fourplex offered 16 bedrooms, 16 bathrooms, roughly 2,000 living square feet, and sits on an approximately 16,500 square foot lot. 7721 Janet Ave was first listed on ArdentRealEstateGroup.com on June 10, 2022. The homeowner sold the property for $820,000. 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 25.91% higher than the current median priced home. Local homes that are currently for sale include 1225 W Congress St, 607 S Plum Ave and 221 E Sunkist St. While the average home in Riverside, CA is selling in 48 days, 7721 Janet Ave has a days on market of 52 days. There are currently 708 homes for sale in the Riverside real estate market and 658 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 7721 Janet 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 7721 Janet Ave

Public county record property details
Beds
--
Baths
--
Year built
1943
Sq. Ft.
--
Lot Size
8,276
Stories
1
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Riverside
Lot#
229
APN
151-162-028

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
$699,900
Median List Price/Sq.Ft.
$373
Median Sold Price
$632,000
Median Sold Price/Sq.Ft.
$409
Total Inventory
140
Median Sale to List Price %
101.94%
Avg Days on Market
17
Loan Type
Conventional (45.45%), FHA (27.27%), VA (0%), Cash (12.12%), Other (15.15%)

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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