Movoto Real Estate
Sold on 11/30/2021
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3872 Taft St, Riverside, CA 92503

$1,034,000

Last sold 11/30/2021 for $879K

  • —

    bed

  • —

    bath

Multi-family not for sale

About 3872 Taft St

Property type Multi-family
Neighborhood
Year built 1976
HOA fee $0/month
Lot size 6,534 Sqft
Movoto estimate
Rental estimate
Property description
3872 Taft Street is a 4-unit multifamily investment property located in Riverside, a premier rental market in the Inland Empire. 3872 Taft Street consists entirely of two-bedroom units and offers amenities including security doors, uncovered parking, and on-site laundry. 3872 Taft Street has an excellent Riverside location, surrounded by some of the city's top shopping destinations. The property is within a 1-mile radius of numerous shopping centers including the Galleria at Tyler, a 1.2 million square foot shopping mall, Michaels Plaza, Tyler Street Plaza, and Magnolia Plaza, providing residents with easy access to both local and national retailers. Additionally, the property is less than 1 mile away from California State Route 91, connecting residents to nearby employment hubs in Orange and Riverside Counties. Furthermore, Kaiser Permanente Medical Center Riverside, a 224-bed hospital and the 4th largest employer in the city, is located just over 1 mile away.
Listed by
Listing Agent - Tyler Leeson
Listing Office - Marcus & Millichap RE Invest
Source: CRMLS mls logo
MLS#OC21169594 • last updated 4 years ago
Movoto checked CRMLS for data 4 minutes ago
Overview
Levels/Style Two
Type Residential Income
Status Closed
Lot Size (Acres) 0.15
Lot Size (SqFt) 6534
Year Built 1976
Interior
Laundry Community
Exterior
Building Area Square Feet, 2691
# Uncovered Spaces 8
# Parking Spaces 8
Lot Description Level
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Riverside
Community Features Curbs, Sidewalks
Zoning R3
Directions Nearby Major Cross Streets: Magnolia Avenue & Van Buren Boulevard
APN 145301019
Multifamily Details
Vacancy Allowance 2268
Expense: Trash 544
Operating Expense 17224
Expense: Insurance 1042
Total Expenses 17224
Expense: Maintenance 2000
Expense: Water/ Sewer 544
Gross Income 45888
Gross Operating Income 43620
Expense: Electric 544
Gross Scheduled Income 45360
Expense: Fuel 544
$1.03M
Range: $920K-$1.14M
Last 30 days 
Rental est.: $1,672/month
Gross rent multiplier: 43.8
  • Nov 2021
    Public Records
  • Nov 30, 2021 Sold
    $879,000
  • Nov 2021
    mls logo MLS # OC21169594
  • Nov 30, 2021 Sold
    $879,000
  • Sep 7, 2021 Pending
    —
  • Aug 20, 2021 Active
    —
  • Aug 2, 2021 Listed
    $879,000 (+449.4%)
  • Apr 2001
    Public Records
  • Apr 30, 2001 Sold
    $160,000
  • Year Property taxes Tax assessment
  • 2024
    $10,167 +0.4%
    $932,800 +4.04%
  • 2023
    $10,123 +1.9%
    $896,580
  • 2022
    $9,937 +176.9%
    $896,580 +193.16%
  • 2021
    $3,588 +0.7%
    $305,832
  • 2020
    $3,562
    $305,832
  • 3872 Taft St
    $879K
  • Arlington
    $574K -1% y/y
  • 92503
    $665K +2% y/y
  • Riverside
    $682K +2% y/y
No chart available
Statistics calculated by Movoto

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4/10
Liberty Elementary School
public Grades K-6
Riverside Unified School District
5/10
Chemawa Middle School
public Grades 7-8
Riverside Unified School District
6/10
Arlington High School
public Grades 9-12
Riverside Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
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