Movoto Real Estate
Sold on 02/29/2008
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3457 Chestnut St, Riverside, CA 92501

$551,000

Last sold 02/29/2008 for $390K

  • —

    bed

  • —

    bath

Multi-family not for sale

About 3457 Chestnut St

Property type Multi-family
Neighborhood
Year built 1927
HOA fee $0/month
Lot size 7,841 Sqft
Movoto estimate
Parking 5 garage spaces
Rental estimate
Property description
Four units in ideal downtown location near city, county, courts, other employers and freeways. Walk or bike to work, shopping and dining. Three units have one bedroom and one bathroom; one unit used as two bedroom, one bathroom. Each unit features large living spaces including good-sized living rooms, spacious eat-in kitchens, lots of closet space and ample full-bathrooms. Each comes with its own single-car garage in addition to a huge rv/storage garage that could be rented for additional income. Units share a common grassy area between them and have alley access. Back, downstairs bottom unit is not permitted. Other units each have their own gas and electric meters. One water meter on property which owner paid. A perfect opportunity to pick up investment property in downtown riverside which is currently undergoing the riverside renaissance revitalization project. Or, may be an ideal opportunity for an extended family to share. Owner wants this property sold!
Listed by
Listing Agent - DICK JOHNSON
Listing Office - KELLER WILLIAMS REALTY/RIVR
Source: CRMLS mls logo
MLS#I07161964 • last updated 18 years ago
Movoto checked CRMLS for data 3 minutes ago
Overview
Type Residential Income
Status Closed
Lot Size (Acres) 0.18
Lot Size (SqFt) 7841
Year Built 1927
Interior
Laundry Individual Room
Other Room(s) Utility Room
Appliances Water Heater Central
Interior Features Built-in Features
Exterior
Building Area 3068
# Parking Spaces 12
# Garage Spaces 5
Lot Description Lot 6500-9999
Amenities / Utilities
Water Source Public
Spa None
Pool None
Location
County Riverside
Subdivision OTHR, OTHR
APN 214141013
Multifamily Details
Operating Expense 5
Gross Scheduled Income 33360
Lot/ Land Details
Road Frontage Alley
Road Surface Alley Paved
$551K
Range: $490K-$611K
Last 30 days 
Rental est.: $1,628/month
Gross rent multiplier: 20.0
  • Feb 2008
    mls logo MLS # I07161964
  • Feb 29, 2008 Sold
    $390,000
  • Nov 1, 2007 Listed
    $415,000 (+137.1%)
  • Feb 2008
    Public Records
  • Feb 29, 2008 Sold
    $390,000 (-6.0%)
  • Aug 2002
    Public Records
  • Aug 2, 2002 Sold
    $175,000
  • Year Property taxes Tax assessment
  • 2024
    $5,156 +0.4%
    $474,103 +4.04%
  • 2023
    $5,133 +1.9%
    $455,695 +2.0%
  • 2022
    $5,039 -3.7%
    $446,760 -3.11%
  • 2021
    $5,230 +0.8%
    $461,109
  • 2020
    $5,190 +1.9%
    $461,109 +1.04%
  • 2019
    $5,093 +2.0%
    $456,381 +2.0%
  • 2018
    $4,993 +1.8%
    $447,434 +2.0%
  • 2017
    $4,905 +6.9%
    $438,662 +4.04%
  • 2016
    $4,589 +1.4%
    $421,630
  • 2015
    $4,524
    —
  • 3457 Chestnut St
    $390K
  • Downtown Riverside
    $615K -8% y/y
  • 92501
    $609K -1% y/y
  • Riverside
    $682K +2% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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