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Sold on 08/27/2020
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4357 5th St, Riverside, CA 92501

$639,000

Last sold 08/27/2020 for $492K

  • —

    bed

  • —

    bath

  • 1,482

    Sqft ($332/Sqft)

Multi-family not for sale
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About 4357 5th St

Property type Multi-family
Neighborhood
Year built 1923
HOA fee $0/month
Lot size 6,534 Sqft
Movoto estimate
Parking 2 garage spaces
Rental estimate
Property description
Beautifully updated units in the heart of Downtown Riverside, highly desirable for tenants as it is walking distance to the Mission Inn, restaurants, shopping and the University of Riverside. These units have been tastefully updated while keeping the riverside charm. Units each have all new flooring, new vanities, new counter tops and beautiful backsplash. The backyard is very spacious. The property is zoned for an additional 2 units and a 2-car garage is able to become a 5th unit (ADU). This is a great opportunity to own units and earn rental income in a great community that continues to grow and improve.
Listed by
Listing Agent - KEVIN WATSON
Listing Office - RE/MAX TIME REALTY
Source: CRMLS mls logo
MLS#CV20133655 • last updated 6 years ago
Movoto checked CRMLS for data 3 minutes ago
Overview
Levels/Style One
Status Closed
Lot Size (Acres) 0.15
Lot Size (SqFt) 6534
Year Built 1923
Interior
Laundry See Remarks
Other Room(s) All Bedrooms Down
Appliances Gas Water Heater, Range Hood
Interior Features Ceiling Fan(s), Granite Counters
Exterior
Building Area Square Feet, 1482
# Parking Spaces 2
# Garage Spaces 2
Lot Description 0-1 Unit/Acre, Back Yard, Front Yard, Landscaped, Lawn, Lot 6500-9999, Sprinklers In Front, Sprinklers In Rear, Yard
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Spa None
Pool None
Location
View Neighborhood
County Riverside
Community Features Biking, Curbs, Gutters, Sidewalks, Street Lights, Suburban
Zoning R1065
Directions Cross Streets: Pine St And Mission Inn Ave.
APN 214101003
Multifamily Details
Tenant Pays All Utilities
Expense: Trash 300
Operating Expense 1050
Total Expenses 1050
Expense: Water/ Sewer 450
Gross Income 37200
Expense: Electric 300
Gross Scheduled Income 37200
$639K
Range: $555K-$722K
Last 30 days 
Rental est.: $1,628/month
Gross rent multiplier: 25.2
  • Aug 2020
    mls logo MLS # CV20133655
  • Aug 27, 2020 Sold
    $492,000 (+2.7%)
  • Jul 16, 2020 Pending
    —
  • Jul 8, 2020 Listed
    $479,000
  • Year Property taxes Tax assessment
  • 2024
    $5,501 +0.4%
    $506,575 +2.0%
  • 2023
    $5,477 +1.9%
    $496,644 +4.04%
  • 2022
    $5,376 +1.4%
    $477,360 +2.0%
  • 2021
    $5,304 +271.6%
    $468,000
  • 2020
    $1,427 +1.8%
    $468,000 +289.56%
  • 2019
    $1,402 +1.9%
    $120,134 +2.0%
  • 2018
    $1,375 +1.7%
    $117,779 +2.0%
  • 2017
    $1,352 +6.6%
    $115,471 +4.04%
  • 2016
    $1,269 +1.5%
    $110,989
  • 2015
    $1,250
    —
  • 4357 5th St
    $492K
  • Downtown Riverside
    $615K -10% y/y
  • 92501
    $609K -3% y/y
  • Riverside
    $688K 0% 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 10/31/2026. 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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