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Sold on 02/15/2016
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3575 Ottawa Ave, Riverside, CA 92507

  • $1,100,000

    Last sold 02/15/2016 after 90 Days

  • 3

    bed

  • 2

    bath

House not for sale
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About 3575 Ottawa Ave

Property type House
Neighborhood
Year built 1954
HOA fee $0/month
Lot size 0.55 Acre
Rental estimate
Property description
Highlights; Competitive Offering CAP Rate of 6.01 % With a ProForma CAP Rate of 6.42 %, Competitive Offering GRM of 10.77 With a ProForma GRM of 10.39, New Vinyl Windows, Tuck Under Garages, Conservative 10% Upside In Potential Rental Income Per Rental Survey, 100 % Occupied Asset, Rental Comparables Illustrate a 98 % Occupancy Area. The Ottawa Street Apartment is situated on a corner lot totaling 24,000 Sq. Ft. This ten unit apartment community is composed of 5 one bedroom / one bathroom units & 5 two be
Listed by
Listing Agent - ALBERT LE
Listing Office - LE INVESTMENT GROUP
Source: San Diego MLS mls logo
MLS#IV15248158 • last updated 6 years ago
Movoto checked San Diego MLS for data 7 minutes ago
Overview
Levels/Style 2 Story
Status SOLD
SubType Res Income 2-4 Units
MLS # IV15248158
Lot Size (SqFt) 24000
Year Built 1954
Exterior
Amenities / Utilities
Water Source Meter On Property
Pool Desc N/K
Location
County Riverside
APN 211153006
Multifamily Details
Unit 2: # Bedrooms 2
Unit 1: # Total Baths 1
Unit 2: # Total Baths 1
Unit 1: # Bedrooms 1
Unit 2: Actual Rent 1000
Total # of Units 10
Gross Rent Multiplier (Actual) 10.39
Gross Scheduled Income 105840
  • Feb 2016
    mls logo MLS # IV15248158
  • Feb 15, 2016 Sold
    $1,100,000
  • Feb 15, 2016 Sold
    $1,100,000
  • Nov 17, 2015 Listed
    $1,100,000
  • Nov 17, 2015 Listed
    $1,100,000

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Nearby homes for sale in Riverside, CA

  • Real Estate
  • CA
  • Riverside County
  • Riverside
  • 92507
  • Eastside
  • 3575 Ottawa Ave
Rental est.: $2,312/month
Gross rent multiplier: 39.6

Nearby recently sold homes in Riverside, CA

  • 3575 Ottawa Ave
    $1.1M
  • Eastside
    $599K +7% y/y
  • 92507
    $622K -4% y/y
  • Riverside
    $697K +1% y/y
No chart available
Statistics calculated by Movoto
3/10
Longfellow Elementary School
public Grades K-6
Riverside Unified School District
3/10
Matthew Gage 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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