Movoto Real Estate
Sold on 08/27/2024
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3550 Washington St, Riverside, CA 92504

$799,800

Last sold 08/27/2024 for $885K

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    bed

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    bath

Multi-family not for sale

About 3550 Washington St

Property type Multi-family
Neighborhood
Year built 1951
HOA fee $0/month
Lot size 0.26 Acre
Movoto estimate
Rental estimate
Property description
Two homes on a lot in the Magnolia Center neighborhood! The main home is 1,552 sq ft with 3 bedrooms and 2 bathrooms, and the permitted additional dwelling is over 800 sq ft with 2 bedrooms and 2 bathrooms. The lush landscaping and charming entryway welcomes you inside the main home where you find a spacious living area with abundance of natural light. Enjoy the ample cabinetry in the kitchen with granite counters and tile backsplash. You will appreciate the dual pane windows throughout and the hardwood floors. The split-bedroom floor plan features large bedrooms and a private principal suite, which is nicely updated. The backyard has plenty of space, even for a pool! Reap the benefits of a move-in ready ADU with its own address providing an excellent rental opportunity or a secondary multi-gen house. Both dwellings are single-level and include their own indoor laundry rooms. The property is well-located in Riverside's most sought-after mid-century modern neighborhood of Magnolia Center. It’s near shopping areas, malls and amenities, as well as, parks and schools with great access to Magnolia Avenue, Arlington Avenue and the 91 freeway. This gem is truly a must-see. Don't wait! Make your appointment today!
Listed by
Listing Agent - MICHELLE GOULD
Listing Agent Contact: 951-264-9055
Listing Office - COLDWELL BANKER REALTY
Source: CRMLS mls logo
MLS#IV24164510 • last updated 2 years ago
Movoto checked CRMLS for data 2 minutes ago
Overview
Levels/Style One
Type Residential Income
SubType Single Family Residence
Virtual Tour N/A
Status Closed
Lot Size (Acres) 0.26
Lot Size (SqFt) 11326
Year Built 1951
Condition Additions/Alterations, Turnkey, Updated/Remodeled
Interior
Laundry Individual Room
Appliances Gas Range, Microwave, Range Hood, Water Heater, Water Line To Refrigerator
Interior Features Ceiling Fan(s), Granite Counters, Quartz Counters
Accessibility Features 2+ Access Exits
Window Features Blinds, Double Pane Windows, Plantation Shutters, Shutters
Exterior
Foundation Raised, Slab
Construction Brick, Drywall Walls, Stucco, Wood Siding
Building Area Square Feet, 2392
Roof Shingle
Parking Concrete, Driveway Level, RV Potential, Street
# Uncovered Spaces 6
# Parking Spaces 6
Other Structures Guest House Detached, Storage, Two On A Lot
Lot Description 2-5 Units/Acre, Front Yard, Garden, Sprinkler System, Yard
Amenities / Utilities
Fireplaces Living Room
Sewer/ Septic Public Sewer
Water Source Public
Electric 220 Volts
Spa None
Pool None
Location
View Neighborhood
County Riverside
Community Features Curbs, Gutters, Suburban
Neighborhood Magnolia Center
Zoning R1065
Directions Off Magnolia Avenue Or Off Brockton Avenue Unto Nixon Avenue Toward Washington Street
APN 230191020
Multifamily Details
Operating Expense 3000
Expense: Insurance 463
Total Expenses 3000
Expense: Water/ Sewer 2520
Gross Income 66000
Gross Scheduled Income 66000
Lot/ Land Details
Road Frontage City Street
Road Surface Paved
$799K
Range: $734K-$865K
Last 30 days 
Rental est.: $1,642/month
Gross rent multiplier: 44.9
  • Aug 2024
    mls logo MLS # IV24164510
  • Aug 27, 2024 Sold
    $885,000
  • Aug 20, 2024 Pending
    —
  • Aug 19, 2024 Pending
    —
  • Aug 10, 2024 Listed
    $895,000
  • Aug 9, 2024 Listed
    $895,000
  • Aug 2024
    mls logo MLS # IV24163377
  • Aug 27, 2024 Sold
    $885,000 (-1.1%)
  • Aug 20, 2024 Pending
    —
  • Aug 19, 2024 Pending
    —
  • Aug 9, 2024 Listed
    $895,000
  • Aug 9, 2024 Listed
    $895,000 (+53.0%)
  • Feb 2022
    mls logo MLS # IV22007902
  • Feb 7, 2022 Sold
    $585,000 (+3.5%)
  • Jan 13, 2022 Listed
    $565,000
  • Dec 2021
    mls logo MLS # CV21223596
  • Dec 11, 2021 Price Change
    $564,900 (+2.7%)
  • Nov 2, 2021 Price Change
    $549,999 (-2.7%)
  • Oct 23, 2021 Listed
    —
  • Oct 22, 2021 Listed
    —
  • Oct 16, 2021 Contingent
    —
  • Oct 16, 2021 Active
    —
  • Oct 7, 2021 Listed
    $565,000
  • Oct 7, 2021 Listed
    $565,000
  • Year Property taxes Tax assessment
  • 2024
    $7,805 +16.5%
    $885,000 +25.15%
  • 2023
    $6,697 +27.9%
    $707,166 +18.51%
  • 2022
    $5,235 +1.4%
    $596,700 +30.99%
  • 2021
    $5,165 +6.2%
    $455,514
  • 2020
    $4,864 +2.9%
    $455,514 +6.58%
  • 2019
    $4,727 +3.9%
    $427,409 +3.0%
  • 2018
    $4,548 +11.7%
    $414,960 +4.0%
  • 2017
    $4,073 +10.3%
    $399,000 +18.05%
  • 2016
    $3,694 +2.0%
    $338,000
  • 2015
    $3,621
    —
  • 3550 Washington St
    $885K
  • Magnolia Center
    $550K -4% y/y
  • 92504
    $647K +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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