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Sold on 11/15/2006
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8155 Philbin Ave, Riverside, CA 92503

$1,029,000

Last sold 11/15/2006 for $715K

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    bed

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    bath

Multi-family not for sale
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About 8155 Philbin Ave

Property type Multi-family
Neighborhood
Year built 1987
HOA fee $0/month
Lot size 8,636 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 single car garage. All units are separately metered and the lower units have large private yards (600+SqFt). GSI is based on pro-forma rents. Actual monthly rental income is $3,160. Property shows well, is priced right and is close to transportation, shopping, entertainment and employment centers. 1987 Built with modern amenities; Central A/C, Dishwashers and W/D Hook ups.
Listed by
Listing Agent - Brad New
Listing Office - Vanguard Investment Properties
Source: CRMLS mls logo
MLS#P530860 • last updated 13 years ago
Movoto checked CRMLS for data 5 minutes ago
Overview
Levels/Style Two
Type Residential Income
Status Closed
Lot Size (Acres) 0.198
Lot Size (SqFt) 8636
Year Built 1987
Interior
Appliances Dishwasher, Free Standing, Gas Cooking, Disposal, Range
Exterior
Construction Frame, Stucco
Roof Composition
Building Area 3000
Parking Parking Space, See Remarks
# Parking Spaces 15
# Garage Spaces 4
Amenities / Utilities
Water Source Public
Spa None
Pool None
Location
County Riverside
APN 151171027
Multifamily Details
Vacancy Allowance Rate 3
Vacancy Allowance 1472
Operating Expense 11425
Cap Rate 4.99
Gross Income 4090
Gross Multiplier 14.77
Gross Scheduled Income 49080
$1.02M
Range: $854K-$1.2M
Last 30 days 
Rental est.: $1,672/month
Gross rent multiplier: 35.6
  • Jul 2013
    Public Records
  • Jul 1, 2013 Sold
    $370,000
  • Jun 2013
    mls logo MLS # IV13032572
  • Jun 28, 2013 Sold
    $370,000 (-2.6%)
  • Feb 26, 2013 Listed
    $380,000 (-46.9%)
  • Jan 2013
    mls logo MLS # P530860
  • Jan 8, 2013 Sold
    $715,000 (+192.4%)
  • Aug 10, 2006 Listed
    $725,000 (+164.6%)
  • Dec 2008
    Public Records
  • Dec 12, 2008 Sold
    $244,500 (-65.6%)
  • Nov 2006
    Public Records
  • Nov 2, 2006 Sold
    $710,000 (-2.1%)
  • Apr 2002
    Public Records
  • Apr 16, 2002 Sold
    $274,000 (+44.2%)
  • Apr 2001
    Public Records
  • Apr 26, 2001 Sold
    $190,000
  • Year Property taxes Tax assessment
  • 2024
    $5,467 +1.6%
    $453,556 +4.04%
  • 2023
    $5,383 +6.4%
    $435,946 +2.0%
  • 2022
    $5,059 +1.7%
    $427,399 +2.0%
  • 2021
    $4,976 +1.6%
    $419,019 +1.04%
  • 2020
    $4,897
    $414,724
  • 8155 Philbin Ave
    $715K
  • 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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