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Sold on 06/12/2014
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7429 Potomac St, Riverside, CA 92504

$695,312

Last sold 06/12/2014 for $440K

  • —

    bed

  • —

    bath

  • 2,600

    Sqft ($169/Sqft)

Multi-family not for sale
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About 7429 Potomac St

Property type Multi-family
Neighborhood
Year built 1954
HOA fee $0/month
Lot size 7,705 Sqft
Movoto estimate
Parking 4 garage spaces
Rental estimate
Property description
Nice maintained units with improvements and upgrades with no vacancies. Fully leased and need to respect tenants privacy. Each unit has enclosed garage. Each unit has separate patio area except 2bd. There is an enclosed laundry room for the units. Each unit has separate electric and gas meters. Each unit has two wall air conditioners. The units are spacious and have open beamed ceilings. Close to shopping and freeway.
Listed by
Listing Agent - ROB MATCHETT
Listing Office - MATCH-IT REALTY
Source: CRMLS mls logo
MLS#IV14013466 • last updated 12 years ago
Movoto checked CRMLS for data 4 minutes ago
Overview
Levels/Style Contemporary
Status Closed
Lot Size (Acres) 0.17
Lot Size (SqFt) 7705
Year Built 1954
Interior
Laundry Individual Room
Appliances Electric Oven, Gas Oven
Exterior
Construction Stucco, Wood
Roof Asphalt
Building Area 2600
Parking Assigned
# Parking Spaces 8
# Garage Spaces 4
Lot Description 0-1 Unit/Acre
Amenities / Utilities
Fireplaces None
Sewer/ Septic Sewer Connected
Water Source District/Public
Pool None
Location
View None
County Riverside
Community Features Sidewalks, Street Lighting
Directions Do Not Disturb Occupants
APN 230121008
Multifamily Details
Expense: Trash 444
Operating Expense 319
Expense: Insurance 1200
Total Expenses 4000
Expense: Water/ Sewer 1140
Gross Income 2725
Expense: Electric 480
Gross Scheduled Income 33300
Expense: Gardner 720
Expense: Fuel 15
$695K
Range: $625K-$764K
Last 30 days 
Rental est.: $1,642/month
Gross rent multiplier: 22.3
  • Apr 2024
    Public Records
  • Apr 18, 2024 Sold
    $7,750,000 (+1661.4%)
  • Jun 2014
    mls logo MLS # IV14013466
  • Jun 12, 2014 Sold
    $440,000 (-50.0%)
  • Jan 20, 2014 Listed
    $464,900 (-7.0%)
  • May 2014
    Public Records
  • May 14, 2014 Sold
    $880,000 (+89.3%)
  • Apr 2005
    Public Records
  • Apr 27, 2005 Sold
    $500,000
  • Year Property taxes Tax assessment
  • 2024
    $5,946 +0.4%
    $928,200 +75.53%
  • 2023
    $5,921 +1.8%
    $528,791 +2.0%
  • 2022
    $5,813 +1.4%
    $518,423 +4.04%
  • 2021
    $5,735 +0.8%
    $498,294 +1.04%
  • 2020
    $5,692
    $493,186
  • 7429 Potomac St
    $440K
  • Magnolia Center
    $550K -4% y/y
  • 92504
    $647K +1% y/y
  • Riverside
    $682K +2% y/y
No chart available
Statistics calculated by Movoto

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6/10
Madison Elementary School
public Grades K-6
Riverside Unified School District
6/10
Sierra Middle School
public Grades 7-8
Riverside Unified School District
6/10
Ramona 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 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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