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Sold on 02/15/2022
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6020 Crest Ave, Riverside, CA 92503

$1,290,000

Last sold 02/15/2022 after 106 Days

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    bed

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    bath

Multi-family not for sale
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About 6020 Crest Ave

Property type Multi-family
Neighborhood
Year built 1963
HOA fee $0/month
Lot size 0.34 Acre
Rental estimate
Property description
HUGE CORNER LOT 6 UNITS COMPLEX. Approx. 38% Upside in Rent. This 6 units apartment complex is mixed with 1 single house (2 Bed/ 2 Bath) and 5 units (3 units are 1 bed/1 bath and 2 units are 2 bed/1 bath). Approx. 3,498 building sf., 14,810 sf. lot size. Ample parking spaces. Well maintained and managed property.
Listed by
Listing Agent - Kevin Lee
Listing Office - Coldwell Banker Alliance
Source: CRMLS mls logo
MLS#TR21239964 • last updated 4 years ago
Movoto checked CRMLS for data 4 minutes ago
Overview
Type Residential Income
Status Closed
Lot Size (Acres) 0.34
Lot Size (SqFt) 14810
Year Built 1963
Interior
Laundry See Remarks
Exterior
Building Area Square Feet, 3498
Lot Description Lot 10000-19999 Sqft
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Riverside
Community Features Sidewalks
Zoning R3
Directions Corner Of Crest Ave. & Cypress Ave.
APN 150120012
Multifamily Details
Vacancy Allowance Rate 3
Vacancy Allowance 2593
Expense: Trash 1536
Operating Expense 22166
Cap Rate 4.78
Expense: Insurance 2280
Total Expenses 22166
Expense: Maintenance 574
Expense: Water/ Sewer 2364
Gross Income 86436
Gross Operating Income 83843
Gross Multiplier 14.92
Gross Scheduled Income 86436
Expense: Gardener 900
Rental est.: $1,672/month
Gross rent multiplier: 64.3
  • Feb 2022
    Public Records
  • Feb 15, 2022 Sold
    $1,290,000
  • Feb 2022
    mls logo MLS # TR21239964
  • Feb 15, 2022 Sold
    $1,290,000
  • Jan 14, 2022 Pending
    —
  • Nov 17, 2021 Active
    —
  • Nov 1, 2021 Listed
    $1,290,000 (+34.7%)
  • Mar 2021
    Public Records
  • Mar 23, 2021 Sold
    $958,000 (-2.0%)
  • Mar 2021
    mls logo MLS # WS21000419
  • Mar 23, 2021 Sold
    $978,000 (-2.2%)
  • Feb 3, 2021 Active
    —
  • Jan 2, 2021 Listed
    $999,999 (-4.8%)
  • Nov 2020
    mls logo MLS # WS20232649
  • Nov 5, 2020 Listed
    $1,050,000 (+59.1%)
  • Jun 2015
    Public Records
  • Jun 11, 2015 Sold
    $660,000
  • Jun 2015
    mls logo MLS # SB15066828
  • Jun 9, 2015 Sold
    $660,000 (+1.7%)
  • Mar 31, 2015 Listed
    $649,000 (-59.2%)
  • Mar 2008
    Public Records
  • Mar 28, 2008 Sold
    $1,590,000 (+360.9%)
  • Mar 2004
    Public Records
  • Mar 1, 2004 Sold
    $345,000
  • Year Property taxes Tax assessment
  • 2024
    $16,498 +1.6%
    $1,368,957 +4.04%
  • 2023
    $16,245 +39.9%
    $1,315,800 +34.66%
  • 2022
    $11,613 +32.5%
    $977,160 +33.34%
  • 2021
    $8,766 +1.6%
    $732,808
  • 2020
    $8,626
    $732,808
  • 6020 Crest Ave
    $1.29M
  • 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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7/10
Twinhill Elementary School
public Grades K-5
Alvord Unified School District
5/10
Loma Vista 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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