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Sold on 05/18/2016
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3511 Chicago Ave, Riverside, CA 92507

  • $1,500,000

    Last sold 05/18/2016 after 42 Days

  • 1

    bed

  • 1

    bath

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About 3511 Chicago Ave

Property type House
Neighborhood
Year built 1960
HOA fee $0/month
Lot size 0.51 Acre
Rental estimate
Property description
Motivated Seller. The property has 20 One bedroom/one bathroom units. Each unit has air conditioning, heating, gas stove and oven. Each unit is individually metered for gas and electricity. Landlord pays for water, and trash. Some of the units have been upgraded with windows, sliding glass doors, kitchen cabinets, and flooring. Other renovations include new deck work, stairways, new wrought iron work. The property has a pool, and on-site laundry. Property was with low occupancy during last year while majo
Listed by
Listing Agent - Rao Yalamanchili
Listing Office - Positive Investments
Source: San Diego MLS mls logo
MLS#AR16070948 • last updated 6 years ago
Movoto checked San Diego MLS for data 8 minutes ago
Overview
Status SOLD
SubType Res Income 2-4 Units
MLS # AR16070948
Lot Size (SqFt) 22080
Year Built 1960
Exterior
Lot Desc Curbs
Amenities / Utilities
Water Source Meter On Property
Location
County Riverside
APN 211162016
Multifamily Details
Unit 1: # Total Baths 1
Unit 1: # Bedrooms 1
Total # of Units 20
Gross Scheduled Income 186000
Rental est.: $1,456/month
Gross rent multiplier: 85.9
  • Apr 2025
    Public Records
  • Apr 8, 2025 Sold
    $3,600,000 (+140.0%)
  • May 2016
    mls logo MLS # AR16070948
  • May 18, 2016 Sold
    $1,500,000
  • May 18, 2016 Sold
    $1,500,000
  • Apr 6, 2016 Listed
    $1,500,000
  • Apr 6, 2016 Listed
    $1,500,000 (+36.4%)
  • May 2016
    Public Records
  • May 16, 2016 Sold
    $1,500,000
  • Jan 2015
    Public Records
  • Jan 15, 2015 Sold
    $1,100,000
  • 3511 Chicago Ave
    $1.5M
  • Eastside
    $599K +8% y/y
  • 92507
    $650K +3% y/y
  • Riverside
    $695K +1% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
1770 W Linden St, Riverside, CA 92507 $515,000 3/2 1,386 0.07
1790 W Linden St, Riverside, CA 92507 $584,000 1/— 1,869 0.09
1839 Loma Vista St, Riverside, CA 92507 $696,000 5/— 2,459 0.16
1724 7th St, Riverside, CA 92507 $409,000 3/— 1,118 0.17
1859 W Linden St, Riverside, CA 92507 $575,000 —/— 1,155 0.18
1734 7th St, Riverside, CA 92507 $426,000 3/1 1,235 0.18
1805 7th St, Riverside, CA 92507 $293,000 1/1 529 0.18
1754 7th St, Riverside, CA 92507 $392,000 2/1 796 0.18

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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6/10
William Howard Taft Elementary School
public Grades K-6
Riverside Unified School District
5/10
University Heights Middle School
public Grades 7-8
Riverside Unified School District
6/10
John W. North High School
public Grades 9-12
Riverside Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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