Movoto Real Estate
Sold on 05/30/2024
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6860 Chadbourne Ave, Riverside, CA 92505

$783,000

Last sold 05/30/2024 for $800K

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    bed

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    bath

Multi-family not for sale

About 6860 Chadbourne Ave

Property type Multi-family
Neighborhood
Year built 1959
HOA fee $0/month
Lot size 0.39 Acre
Movoto estimate
Parking 2 garage spaces
Rental estimate
Property description
Welcome to a unique opportunity to own not just one, but two residences, each with its own distinct character and appeal on a single expansive lot, this property showcases pride of ownership at every turn! The primary residence offers a spacious layout with three bedrooms and two bathrooms, providing ample space for comfortable living. With an inside laundry room and an attached 2 car garage. Adjacent to the main house, the second residence offers two bedrooms and one bathroom, ideal for guests, extended family, or potential rental income.This home has a new permitted gas line from the meter to the house. The standout features of this property are the completely separate fenced yards for each home and fully fenced perimeter, providing privacy and space for outdoor enjoyment, both homes have copper water pipes. Additionally, each home has its own separate water, electric and gas meters that add further value and convenience. This property is well maintained with little to no deferred maintenance which reflects the high level of pride of ownership and care for this property. Both homes are tenant occupied, with both tenants having established a great track record and long-term residency, this property presents a lucrative investment opportunity. Don't miss out on the chance to own this meticulously maintained property with dual residences on one lot. Whether you're looking for a savvy investment or a place to call home with added rental income potential, this is an opportunity not to be missed! Schedule your viewing today and experience the endless possibilities that await. More pictures coming soon!
Listed by
Listing Agent - Kim Conway
Listing Office - Keller Williams, The Lakes
Source: CRMLS mls logo
MLS#SW24034098 • last updated 2 years ago
Movoto checked CRMLS for data 4 minutes ago
Overview
Levels/Style One
Type Residential Income
SubType Single Family Residence
Status Closed
Lot Size (Acres) 0.39
Lot Size (SqFt) 16988
Year Built 1959
Interior
Exterior
Building Area Square Feet, 2000
Parking Driveway, Garage, Gated, RV Access/Parking
# Parking Spaces 2
# Garage Spaces 2
Lot Description 0-1 Unit/Acre
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Riverside
Community Features Sidewalks
Zoning R1
Directions Major Cross Street Arlington Ave And Tyler Street
APN 154220006
Multifamily Details
Tenant Pays All Utilities
$783K
Range: $657K-$908K
Last 30 days 
Rental est.: $1,899/month
Gross rent multiplier: 35.1
  • May 2024
    mls logo MLS # SW24034098
  • May 30, 2024 Sold
    $800,000
  • Apr 12, 2024 Active
    —
  • Apr 10, 2024 Listed
    —
  • Mar 26, 2024 Active
    —
  • Feb 16, 2024 Listed
    $799,900
  • Year Property taxes Tax assessment
  • 2024
    $2,415 +1.5%
    $816,000 +328.64%
  • 2023
    $2,379 +6.3%
    $190,371 +2.0%
  • 2022
    $2,237 +1.2%
    $186,639 +2.0%
  • 2021
    $2,210 +1.6%
    $182,980
  • 2020
    $2,175 +1.3%
    $182,980 +1.04%
  • 2019
    $2,148 +1.4%
    $181,105 +2.0%
  • 2018
    $2,118 +1.8%
    $177,555 +2.0%
  • 2017
    $2,080 +1.6%
    $174,074 +4.04%
  • 2016
    $2,046 +1.5%
    $167,316
  • 2015
    $2,016
    —
  • 6860 Chadbourne Ave
    $800K
  • La Sierra Acres
    $729K +22% y/y
  • 92505
    $655K +2% y/y
  • Riverside
    $689K 0% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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