Movoto Real Estate
Sold on 09/21/2020
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7771 Philbin Ave, Riverside, CA 92503

$542,800

Last sold 09/21/2020 for $425K

  • —

    bed

  • —

    bath

  • 2,328

    Sqft ($183/Sqft)

Multi-family not for sale

About 7771 Philbin Ave

Property type Multi-family
Neighborhood
Year built 1951
HOA fee $0/month
Lot size 0.27 Acre
Movoto estimate
Parking 2 garage spaces
Rental estimate
Property description
This is a rare and wonderful opportunity to purchase a triplex which is centrally located in Riverside with huge upside potential in rents. This fixer triplex features 2,328 sq ft of living space, it does need TLC to make it a great investment property!! The property consists of three 2 bedrooms 1 bath units. Tenants are mo to mo and are paying rent. Property will not be delivered vacant. SFR Property next door on 7751 Philbin Ave Riverside also belongs to the same seller and is for sale for $250K and the seller wants both SOLD at the same time as a package deal. Please do not disturb Tenants.
Listed by
Listing Agent - RUPI AZROT
Listing Office - Crest Sotheby's International Realty
Source: CRMLS mls logo
MLS#IV20183642 • last updated 6 years ago
Movoto checked CRMLS for data 6 minutes ago
Overview
Levels/Style One
SubType Triplex
Status Closed
Lot Size (Acres) 0.27
Lot Size (SqFt) 11761
Year Built 1951
Interior
Laundry Inside
Exterior
Building Area Square Feet, 2328
Parking Assigned, Converted Garage
# Parking Spaces 2
# Garage Spaces 2
Lot Description Park Nearby
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Riverside
Community Features Sidewalks
Zoning R3
Directions Philbin And Van Buren Blvd
APN 151173006
Multifamily Details
Operating Expense 600
Expense: Insurance 150
Total Expenses 425
Expense: Water/ Sewer 50
Gross Income 28500
Gross Scheduled Income 28500
$542K
Range: $476K-$608K
Last 30 days 
Rental est.: $1,672/month
Gross rent multiplier: 21.2
  • Sep 2020
    mls logo MLS # IV20183642
  • Sep 21, 2020 Sold
    $425,000 (-5.6%)
  • Sep 8, 2020 Pending
    —
  • Sep 4, 2020 Listed
    $450,000
  • Year Property taxes Tax assessment
  • 2024
    $5,534 +1.6%
    $460,031 +2.0%
  • 2023
    $5,449 +6.4%
    $451,012 +4.04%
  • 2022
    $5,121 +1.7%
    $433,500 +2.0%
  • 2021
    $5,036 +125.5%
    $425,000 +128.34%
  • 2020
    $2,234 +1.3%
    $186,124
  • 2019
    $2,205 +1.4%
    $186,124 +2.0%
  • 2018
    $2,175 +1.8%
    $182,476 +2.0%
  • 2017
    $2,136 +1.6%
    $178,899 +4.04%
  • 2016
    $2,101 +1.5%
    $171,954
  • 2015
    $2,070
    —
  • 7771 Philbin Ave
    $425K
  • 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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