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Sold on 11/24/2009
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3851 Cedar St, Riverside, CA 92501

$1,400,000

Last sold 11/24/2009 after 144 Days

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    bed

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    bath

Multi-family not for sale
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About 3851 Cedar St

Property type Multi-family
Neighborhood
Year built 1967
HOA fee $0/month
Lot size 0.47 Acre
Parking 19 garage spaces
Rental estimate
Property description
The subject property consists of 19-units and is situated on .47 acres. There are two building, each two story made of wood frame and stucco. There is a center courtyard with an attractive gated pool in the middle. Located on a quiet residential neighborhood, the Cedar Arms Apartments offer six-studios, seven one-bedroom/one-bathroom units, five two-bedroom/one bathroom units, and one two-bedroom/one-and- a- half bathroom unit. It is in close proximity to the 91, 60, and 215 freeways, all of which are major arteries in Southern California.
Listed by
Listing Agent - DOUGLAS MCCAULEY
Listing Office - MARCUS & MILLICHAP
Source: CRMLS mls logo
MLS#C09093165 • last updated 16 years ago
Movoto checked CRMLS for data 2 minutes ago
Overview
Type Residential Income
Status Closed
Lot Size (Acres) 0.47
Lot Size (SqFt) 20572
Year Built 1967
Exterior
# Parking Spaces 19
# Garage Spaces 19
Location
County Riverside
Subdivision OTHR, OTHR
APN 214282011
Multifamily Details
Operating Expense 66730
Cap Rate 7
Gross Income 176282
Gross Multiplier 7.98
Gross Scheduled Income 175500
Rental est.: $1,628/month
Gross rent multiplier: 71.7
  • Dec 2009
    mls logo MLS # C09093165
  • Dec 31, 2009 Sold
    $1,400,000 (+11.6%)
  • Jul 3, 2009 Listed
    $1,400,000
  • Nov 2009
    Public Records
  • Nov 23, 2009 Sold
    $1,255,000 (-10.4%)
  • Year Property taxes Tax assessment
  • 2024
    $18,043 +0.4%
    $1,619,965 +4.04%
  • 2023
    $17,966 +1.8%
    $1,557,062 +2.0%
  • 2022
    $17,643 +1.6%
    $1,526,533 +2.0%
  • 2021
    $17,371 +0.7%
    $1,496,602 +1.04%
  • 2020
    $17,243
    $1,481,257
  • 3851 Cedar St
    $1.4M
  • 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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6/10
Bryant Elementary School
public Grades K-6
Riverside Unified School District
4/10
Central Middle School
public Grades 7-8
Riverside Unified School District
7/10
Polytechnic High School
public Grades 9-12
Riverside Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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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.
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