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Sold on 01/05/2007
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8125 Philbin Ave, Riverside, CA 92503

$1,078,000

Last sold 01/05/2007 for $738K

  • —

    bed

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    bath

Multi-family not for sale
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About 8125 Philbin Ave

Property type Multi-family
Neighborhood
Year built 1987
HOA fee $0/month
Lot size 8,276 Sqft
Movoto estimate
Parking 4 garage spaces
Rental estimate
Property description
This property is in good condition and in a strong rental neighborhood. Each unit is a spacious two bedroom, one bath with a single car garage. All units are separately metered and the lower units have private yards (600 +Sqft). Actual monthly rental income is $3,610. Property shows very well, and is priced right. Close to transportation, shopping, entertainment, and employment centers. Inside amenities dishwashers and hook ups.
Listed by
Listing Agent - Brad New
Listing Office - Vanguard Investment Properties
Source: CRMLS mls logo
MLS#P547069 • last updated 13 years ago
Movoto checked CRMLS for data 1 minute ago
Overview
Levels/Style Two
Type Residential Income
Status Closed
Lot Size (Acres) 0.19
Lot Size (SqFt) 8276
Year Built 1987
Interior
Appliances Dishwasher, Free Standing, Gas Cooking, Disposal, Range
Exterior
Roof Shingle
Building Area 3000
Parking Other, See Remarks
# Parking Spaces 11
# Garage Spaces 4
Amenities / Utilities
Water Source Public
Spa None
Pool None
Location
County Riverside
APN 151171030
Multifamily Details
Vacancy Allowance Rate 3
Vacancy Allowance 1300
Operating Expense 10085
Cap Rate 4.34
Gross Income 3610
Gross Multiplier 16.97
Gross Scheduled Income 43320
$1.07M
Range: $959K-$1.19M
Last 30 days 
Rental est.: $1,672/month
Gross rent multiplier: 36.8
  • Jan 2017
    mls logo MLS # P419663
  • Jan 13, 2017 Sold
    $599,000 (+139.6%)
  • Oct 4, 2004 Listed
    $599,000
  • Dec 2016
    mls logo MLS # K08156523
  • Dec 19, 2016 Sold
    $250,000 (-42.5%)
  • Oct 31, 2008 Listed
    $279,900 (-61.9%)
  • May 2014
    mls logo MLS # IG14043846
  • May 15, 2014 Sold
    $435,000 (-3.3%)
  • Feb 28, 2014 Listed
    $449,900 (-39.0%)
  • Jan 2013
    mls logo MLS # P547069
  • Jan 5, 2013 Sold
    $738,000 (+103.6%)
  • Nov 7, 2006 Listed
    $735,000 (+22.7%)
  • Dec 2012
    mls logo MLS # E12123966
  • Dec 27, 2012 Sold
    $362,500 (-9.1%)
  • Oct 4, 2012 Listed
    $399,000 (+42.6%)
  • Year Property taxes Tax assessment
  • 2024
    $6,357 +1.6%
    $528,333 +2.0%
  • 2023
    $6,259 +6.4%
    $517,975 +2.0%
  • 2022
    $5,883 +1.7%
    $507,820 +4.04%
  • 2021
    $5,783 +1.6%
    $488,103
  • 2020
    $5,690
    $488,103
  • 8125 Philbin Ave
    $738K
  • 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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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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