Movoto Real Estate
Sold on 04/19/2021
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5964 Crest Ave, Riverside, CA 92503

$1,194,000

Last sold 04/19/2021 for $820K

  • —

    bed

  • —

    bath

  • 2,880

    Sqft ($285/Sqft)

Multi-family not for sale

About 5964 Crest Ave

Property type Multi-family
Neighborhood
Year built 1959
HOA fee $0/month
Lot size 10,019 Sqft
Movoto estimate
Rental estimate
Property description
INVESTORS! INVESTORS! INVESTORS! This Multi Family property is (4) 2 bedroom / 1 bath units. It consists of two individual single level buildings housing 2 units each with a huge driveway in the center for tenant parking. Property has been upgraded and improved over the years of ownership. Each unit is individually metered for gas and electric. The owner pays for water and gardening which runs about $200 per month. Each unit has a wall A/C and a gas wall heater inside. Each unit also has their own individual backyard. Property located in a coveted school district which offers after school programs for children which is highly attractive for tenants. Hurry this property won't last long!
Listed by
Listing Agent - Ryan Robson
Listing Office - U.S. Real Estate Services, Inc
Source: CRMLS mls logo
MLS#OC21043679 • last updated 5 years ago
Movoto checked CRMLS for data 2 minutes ago
Overview
Levels/Style One
Status Closed
Lot Size (Acres) 0.23
Lot Size (SqFt) 10019
Year Built 1959
Interior
Laundry None
Exterior
Building Area Square Feet, 2880
Roof Rolled/Hot Mop
# Uncovered Spaces 8
# Parking Spaces 8
Lot Description 0-1 Unit/Acre
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Riverside
Community Features Street Lights
Zoning R1RL
Directions Tyler To Cypress To Crest
APN 150232005
Multifamily Details
Operating Expense 13295
Expense: Insurance 1700
Total Expenses 13295
Expense: Water/ Sewer 1200
Gross Income 57600
Gross Operating Income 57600
Gross Scheduled Income 57600
Expense: Gardener 1200
Lot/ Land Details
Road Frontage City Street
$1.19M
Range: $1.01M-$1.37M
Last 30 days 
Rental est.: $1,672/month
Gross rent multiplier: 40.9
  • Apr 2021
    Public Records
  • Apr 19, 2021 Sold
    $820,000
  • Apr 2021
    mls logo MLS # OC21043679
  • Apr 19, 2021 Sold
    $820,000 (+7.2%)
  • Mar 27, 2021 Active
    —
  • Mar 27, 2021 Price Change
    $765,000 (-6.1%)
  • Mar 27, 2021 Listed
    $815,000 (+6.5%)
  • Mar 6, 2021 Active
    —
  • Mar 2, 2021 Listed
    $765,000 (+104.0%)
  • Aug 2004
    Public Records
  • Aug 19, 2004 Sold
    $375,000
  • Year Property taxes Tax assessment
  • 2024
    $10,716 +1.6%
    $887,593 +2.0%
  • 2023
    $10,552 +6.4%
    $870,190 +2.0%
  • 2022
    $9,920 +143.1%
    $853,128 +154.5%
  • 2021
    $4,080 +1.6%
    $335,213
  • 2020
    $4,016
    $335,213
  • 5964 Crest Ave
    $820K
  • La Sierra Acres
    $660K +5% 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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