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Sold on 01/24/2022
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5890 Challen Ave, Riverside, CA 92503

$739,000

Last sold 01/24/2022 for $700K

  • —

    bed

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    bath

Multi-family not for sale
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About 5890 Challen Ave

Property type Multi-family
Neighborhood
Year built 1945
HOA fee $0/month
Lot size 0.37 Acre
Movoto estimate
Rental estimate
Property description
Three Unit Investment Opportunity in a Well Sought After Area of Riverside. This Triplex Features 2354 sqft on a Huge 16,117 sqft lot. Good Potential for Future Expansion. Close to Schools, Entertainment, Shopping, Parks and Public Transportation.
Listed by
Listing Agent - Ryan Peterson
Listing Agent Contact: 909-636-2759
Listing Office - SouthernCaliforniaRealty&Assoc
Source: CRMLS mls logo
MLS#IG21249663 • last updated 4 years ago
Movoto checked CRMLS for data 5 minutes ago
Overview
Levels/Style One
Type Residential Income
SubType Triplex
Status Closed
Lot Size (Acres) 0.37
Lot Size (SqFt) 16117
Year Built 1945
Interior
Laundry None
Exterior
Building Area Square Feet, 2354
Parking Uncovered
# Uncovered Spaces 15
# Parking Spaces 15
Lot Description 0-1 Unit/Acre
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Spa None
Pool None
Location
View Neighborhood
County Riverside
Community Features Curbs
Zoning R3
Directions Cypress And Challen
APN 151100004
Multifamily Details
Tenant Pays All Utilities
Operating Expense 6000
Expense: Insurance 1200
Total Expenses 7200
Gross Income 36000
Gross Scheduled Income 42000
Lot/ Land Details
Road Frontage City Street
$739K
Range: $672K-$805K
Last 30 days 
Rental est.: $1,677/month
Gross rent multiplier: 34.8
  • Jan 2022
    Public Records
  • Jan 24, 2022 Sold
    $700,000
  • Jan 2022
    mls logo MLS # IG21249663
  • Jan 24, 2022 Sold
    $700,000
  • Dec 18, 2021 Pending
    —
  • Dec 15, 2021 Price Change
    $700,000 (+3.7%)
  • Dec 15, 2021 Listed
    —
  • Nov 23, 2021 Pending
    —
  • Nov 16, 2021 Listed
    $675,000 (+70.9%)
  • Aug 2016
    mls logo MLS # IV16111863
  • Aug 11, 2016 Sold
    $395,000
  • Aug 11, 2016 Sold
    $395,000
  • Jun 7, 2016 Pending
    —
  • May 25, 2016 Listed
    $395,000
  • May 25, 2016 Listed
    $395,000
  • Aug 2016
    Public Records
  • Aug 10, 2016 Sold
    $395,000
  • Year Property taxes Tax assessment
  • 2024
    $8,901 +1.6%
    $742,845 +4.04%
  • 2023
    $8,764 +71.7%
    $714,000 +65.28%
  • 2022
    $5,103 +1.7%
    $431,987 +2.0%
  • 2021
    $5,019 +1.6%
    $423,518
  • 2020
    $4,939 +1.3%
    $423,518 +1.04%
  • 2019
    $4,874 +1.4%
    $419,176 +2.0%
  • 2018
    $4,807 +1.9%
    $410,958 +2.0%
  • 2017
    $4,718 +877.2%
    $402,900 +1060.49%
  • 2016
    $483 +1.6%
    $34,718
  • 2015
    $475
    —
  • 5890 Challen Ave
    $700K
  • Arlanza
    $572K -2% y/y
  • 92503
    $665K +2% y/y
  • Riverside
    $682K +2% y/y
No chart available
Statistics calculated by Movoto

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3/10
Arlanza Elementary School
public Grades K-5
Alvord Unified School District
2/10
Wells Middle School
public Grades 6-8
Alvord Unified School District
5/10
Norte Vista High School
public Grades 9-12
Alvord 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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