Movoto Real Estate
Search
About Home value Property history Tax history Market statistics Schools Neighborhood Places of interest
Sold on 12/26/2012
  • Map Image
  • Map Image
  • Map Image

10980 Wells Ave, Riverside, CA 92505

$654,100

Last sold 12/26/2012 for $288K

  • —

    bed

  • —

    bath

Multi-family not for sale
Learn about Riverside's top local Real Estate agents

About 10980 Wells Ave

Property type Multi-family
Neighborhood
Year built 1963
HOA fee $0/month
Lot size 7,405 Sqft
Movoto estimate
Rental estimate
Property description
Triplex just one block from Hole Avenue. Short distance from original Five Points intersection of La Sierra and Pierce. Check with City of Riverside for an update on recent development projects. Property is also zoned CG Commercial General, allowing for varied commercial usage in the future as the economy grows. Property falls within the La Sierra/Arlanza Project Area. Contact Development or Listing Agents for additional information. Present income may be lower than market rents, but is offset by consistently on-time payments by longstanding tenants. See financial attachment under "Supplements" for market rent analysis. See MLS listing I12063503 located at 10880 Wells Ave. These 3 units also for sale.
Listed by
Listing Agent - BRENDA ATKINSON
Listing Office - PRUDENTIAL CALIF REALTY/RIV
Source: CRMLS mls logo
MLS#I12063484 • last updated 11 years ago
Movoto checked CRMLS for data 3 minutes ago
Overview
Levels/Style One
Type Residential Income
Status Closed
Lot Size (Acres) 0.17
Lot Size (SqFt) 7405
Year Built 1963
Exterior
Building Area 1978
# Parking Spaces 4
Location
County Riverside
APN 146251001
Multifamily Details
Operating Expense 6250
Cap Rate 6.73
Expense: Insurance 1000
Expense: Maintenance 450
Expense: Water/ Sewer 1200
Gross Income 1500
Gross Scheduled Income 18000
$654K
Range: $597K-$710K
Last 30 days 
Rental est.: $1,861/month
Gross rent multiplier: 12.9
  • Jan 2015
    mls logo MLS # I12063484
  • Jan 22, 2015 Sold
    $288,000 (-4.0%)
  • May 17, 2012 Listed
    $300,000
  • Year Property taxes Tax assessment
  • 2024
    $4,303 +1.5%
    $354,638 +4.04%
  • 2023
    $4,238 +6.4%
    $340,868 +2.0%
  • 2022
    $3,984 +1.6%
    $334,185 +2.0%
  • 2021
    $3,923 +1.6%
    $327,633 +1.04%
  • 2020
    $3,861 +1.3%
    $324,275
  • 2019
    $3,811 +1.4%
    $324,275 +2.0%
  • 2018
    $3,759 +1.9%
    $317,918 +2.0%
  • 2017
    $3,690 +1.7%
    $311,685 +4.04%
  • 2016
    $3,630 +1.5%
    $299,583
  • 2015
    $3,577
    —
  • 10980 Wells Ave
    $288K
  • La Sierra
    $650K +1% y/y
  • 92505
    $650K +1% y/y
  • Riverside
    $682K +2% y/y
No chart available
Statistics calculated by Movoto

Thinking of selling? Get a Cash Offer.

  • A smooth, fast sale
  • Skip staging and repairs
  • No strings attached
5/10
Myra Linn Elementary School
public Grades K-5
Alvord Unified School District
5/10
Arizona Middle School
public Grades 6-8
Alvord Unified School District
6/10
La Sierra High School
public Grades 9-12
Alvord Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

Around La Sierra

Explore everything this neighborhood has to offer. Learn more about La Sierra.
View homes for sale in La Sierra
By entering my info and clicking Ask a Question, I am providing my e-signature and express written consent to receive marketing emails, calls, and texts (including via automatic telephone dialing systems, AI generative, artificial or pre-recorded voice technology) relating to my inquiry from Movoto (and parties calling/messaging on their behalf) even if my number appears on the company, state, or national Do Not Call Registry. You also agree to ourTerms and Conditions and Privacy Policy. Consent not required to receive services (call 1-844-420-1270 to be connected without providing consent).

Nearby recently sold homes in Riverside, CA

Nearby homes for sale in Riverside, CA

Newest listings in 92505

  • Real Estate
  • CA
  • Riverside County
  • Riverside
  • 92505
  • La Sierra
  • 10980 Wells Ave
Meet with a real estate agent today (844) 430-0869
  • Movoto Logo
  • Download IOS APP Download Android APP
The multiple listing information is provided by CRMLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information updated every 15 minutes. Terms of use & Privacy Policy, California Privacy Info. Copyright © 2005 - 2026 Movoto, Inc. All rights reserved. Equal Housing Opportunity CalDRE CalDRE #01517281
Movoto Real Estate is committed to ensuring accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone. We welcome feedback and accommodation requests, please submit them here.
CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/12/2026. 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.
Requests for information regarding mortgage products will be directed to Movoto.com affiliate, Lower, LLC - a licensed Mortgage Lender (NMLS #1124061), or, based on your location, may be redirected to a participating mortgage marketing partner that may pay Lower, LLC for any consumer contact information provided through this site.