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Sold on 09/04/2018
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4176 1st St, Riverside, CA 92501

  • $1,150,000

    Last sold 09/04/2018 after 27 Days

  • 6

    bed

  • 4

    bath

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About 4176 1st St

Property type House
Neighborhood
Year built 1955
HOA fee $0/month
Lot size 0.42 Acre
Property description
Competitive Offering Actual CAP Rate of 4.15 % With a Pro Forma CAP Rate of 5.23 % / ProForma CAP Rate is Achievable Through Continued Market Rental Increases. In Addition The Current Owner Is Not Charging For Available Garage Space / Competitive Offering GRM of 14.17 With a Pro Forma GRM of 12.94 / 1st Time to The Market in 16+ Years. Pride of Ownership Property. / Huge Upside In Potential Rental Income. Conservative 7-10 % Upside in Potential Rental Income Per Rental Survey / / Rental Comparables Illust
Listed by
Listing Agent - ALBERT LE
Listing Office - LE INVESTMENT GROUP
Source: San Diego MLS mls logo
MLS#IV18192731 • last updated 6 years ago
Movoto checked San Diego MLS for data 10 minutes ago
Overview
Status SOLD
SubType Res Income 2-4 Units
MLS # IV18192731
Lot Size (SqFt) 18085
Year Built 1955
Amenities / Utilities
Water Source Meter On Property
Pool Desc N/K
Location
County Riverside
APN 214042001
Zoning R1065
Directions Take The 91 Freeway To 3rd St.
Multifamily Details
Unit 2: # Bedrooms 1
Unit 3: # Bedrooms 2
Unit 1: # Total Baths 1
Unit 2: # Total Baths 1
Unit 3: # Total Baths 1
Unit 4: # Total Baths 1
Unit 4: # Bedrooms 2
Unit 1: # Bedrooms 1
Unit 2: Actual Rent 945
Unit 3: Actual Rent 1045
Unit 4: Actual Rent 1095
Total # of Units 8
Gross Scheduled Income 96600
  • Sep 2018
    mls logo MLS # IV18192731
  • Sep 5, 2018 Sold
    $1,150,000
  • Sep 4, 2018 Sold
    $1,150,000
  • Aug 8, 2018 Listed
    $1,250,000
  • Aug 8, 2018 Listed
    $1,250,000 (+186.0%)
  • Aug 2018
    Public Records
  • Aug 31, 2018 Sold
    $1,150,000 (-8.0%)
  • Nov 2001
    Public Records
  • Nov 30, 2001 Sold
    $437,000
  • 4176 1st St
    $1.15M
  • Downtown Riverside
    $644K -17% y/y
  • 92501
    $599K -7% y/y
  • Riverside
    $695K +1% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
3115 Brockton Ave, Riverside, CA 92501 $1,757,000 12/8 8,169 0.02
3092 Locust St, Riverside, CA 92501 $597,000 2/— 1,493 0.03
3160 Locust St, Riverside, CA 92501 $623,000 2/1 1,349 0.03
3161 Brockton Ave, Riverside, CA 92501 $555,000 3/2 1,152 0.04
3080 Locust St, Riverside, CA 92501 $565,000 3/2 1,280 0.04
3091 Brockton Ave, Riverside, CA 92501 $612,000 3/2 1,470 0.04
3174 Locust St, Riverside, CA 92501 $639,000 3/— 1,339 0.04
3068 Locust St, Riverside, CA 92501 $618,000 3/1 1,306 0.05

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
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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