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Sold on 10/21/2025
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9059 Colony Pl, Riverside, CA 92503

$1,380,000

Last sold 10/21/2025 for $1.34M

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    bed

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    bath

Multi-family not for sale
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About 9059 Colony Pl

Property type Multi-family
Neighborhood
Year built 1978
HOA fee $0/month
Lot size 9,583 Sqft
Movoto estimate
Rental estimate
Property description
Excellent opportunity to own four units that are leased at below market rents. Property is zoned R3. Not only is the property is conveniently located behind a renovated Stater Brothers shopping center with a Canes nearby, but this investment property can sustain itself. The property generates enough in rents that it will cover the expenses, property insurance, and the mortgage. The four units also comes with a community laundry room that is coin operated. The washer and dryer machines are rented and the 3rd party company takes care of everything. The landlord nets about $100 per month. The investment property also has eight to nine parking spots. See attached supplements for: Property inspection reports, title, sewage, termite, seller disclosures, and offer template. All you need to do is plop in the price! Be sure to click on the 360 3D matter port tour. MLS only allows for one tour, so I have added the rest on the supplements, if you want to view the other units. Many of the leases renewal will be in the summer. Property will be sold as-is.
Listed by
Listing Agent - Douglas Lee
Listing Agent Contact: 650-279-1212
Listing Office - COMPASS
Source: CRMLS mls logo
MLS#AR25048685 • last updated 1 year ago
Movoto checked CRMLS for data 3 minutes ago
Overview
Levels/Style Two, See Remarks
Type Residential Income
SubType Quadruplex
Status Closed
Lot Size (Acres) 0.22
Lot Size (SqFt) 9583
Year Built 1978
Condition Turnkey
Interior
Other Room(s) All Bedrooms Down
Flooring See Remarks
Appliances Gas Oven, Refrigerator
Interior Features Unfurnished
Accessibility Features See Remarks
Exterior
Foundation Slab
Construction Stucco
Building Area Square Feet, 3784
Roof Composition
Parking Paved, On Site, Parking Space, Private, Uncovered
# Uncovered Spaces 8
# Parking Spaces 8
Lot Description Back Yard, Cul-De-Sac, Rectangular Lot
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Electric Standard
Spa None
Pool None
Location
View None
County Riverside
Community Features Sidewalks, Suburban
Zoning R3
Directions Head South On Van Buren. Then Head East On Jackson, Then A Left On Colony Pl.
APN 191071007
Multifamily Details
Expense: Trash 1000
Operating Expense 24382
Expense: Insurance 3227
Total Expenses 24382
Expense: Water/ Sewer 1000
Gross Income 96180
Gross Operating Income 96180
Expense: Electric 1800
Gross Scheduled Income 96180
Expense: Gardener 480
Lot/ Land Details
Road Frontage City Street
Road Surface Paved
$1.38M
Range: $1.26M-$1.49M
Last 30 days 
Rental est.: $1,686/month
Gross rent multiplier: 66.5
  • Oct 2025
    mls logo MLS # AR25048685
  • Oct 21, 2025 Sold
    $1,345,300
  • Aug 14, 2025 Pending
    —
  • Jul 11, 2025 Active
    —
  • Apr 7, 2025 Price Change
    $1,350,000 (+35.0%)
  • Mar 25, 2025 Listed
    $999,950 (-9.1%)
  • Oct 2025
    Public Records
  • Oct 21, 2025 Sold
    $1,345,500 (-0.3%)
  • Feb 2024
    Public Records
  • Feb 26, 2024 Sold
    $1,100,000 (-6.4%)
  • Dec 2023
    mls logo MLS # PW23191303
  • Dec 22, 2023 Pending
    —
  • Nov 8, 2023 Price Change
    $1,175,000 (-6.0%)
  • Oct 13, 2023 Listed
    $1,250,000 (+131.1%)
  • Dec 2016
    Public Records
  • Dec 6, 2016 Sold
    $541,000 (+0.2%)
  • Dec 2016
    mls logo MLS # TR16738828
  • Dec 6, 2016 Sold
    $539,900
  • Dec 6, 2016 Sold
    $539,900
  • Nov 22, 2016 Pending
    —
  • Nov 8, 2016 Listed
    $539,900 (-1.8%)
  • Nov 8, 2016 Listed
    $550,000 (+171.6%)
  • Nov 2006
    mls logo MLS # K603807
  • Nov 7, 2006 Expired
    —
  • May 2001
    Public Records
  • May 2, 2001 Sold
    $202,500
  • Year Property taxes Tax assessment
  • 2024
    $6,762 +0.4%
    $1,122,000 +86.2%
  • 2023
    $6,733 +1.9%
    $602,573 +4.04%
  • 2022
    $6,610 +1.4%
    $579,176 +2.0%
  • 2021
    $6,518 +0.8%
    $567,821
  • 2020
    $6,467
    $567,821
  • 9059 Colony Pl
    $1.34M
  • Ramona
    $600K 0% y/y
  • 92503
    $649K -4% y/y
  • Riverside
    $689K 0% y/y
No chart available
Statistics calculated by Movoto

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3/10
Jackson Elementary School
public Grades K-6
Riverside Unified School District
5/10
Chemawa 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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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 10/27/2026. 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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