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    2159 5th Street

    Riverside, CA 92507
    • $439,998
    • STATUS: Active
    • ON SITE: 125 days
    • ID#: OC20121391
    $439,998
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,020
      SQFT
    • $218
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1959
    County:

    School Ratings & Info

    Description

    Great investment opportunity! Unit 1 is a 3 bed 2 bath, 1,188 sq. ft., hardwood floors, needs a little TLC. Unit two is a 2 bed, 1 bath, 832 sq. ft., tiled floors and covered parking. The property has a front and back yard. In the back yard, there is a large storage structure, covered patio, parking with a tall security gate. The property is in a coveted location close to UC Riverside, Downtown Riverside, schools, bus routes, and the metrolink train. Very close to 60 & 91 freeway to easily navigate throughout Riverside County or to Orange or Los Angeles County. The units across the street are under construction for a full renovation, so this may add value to the area. Live in one or rent out both. Don't miss the opportunity to pick up a fantastic income property in an area poised for investment growth! Be sure to see the two different links for the 3D tour; one for the front unit and another link for the back unit. If it is not accessible for some reason, you can request it from a realtor. Update: Front unit already vacated. Back Unit could be vacated if necessary; Buyer's choice.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-27T00:27:39.667. 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 deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

    www.therealestategirl.com/homes/107120034
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    2159 5th Street Riverside, CA 92507

    • Price: $439,998
    • Status: Active
    • ID#: OC20121391
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    2,020
    SQFT
    $218
    $/SQFT
    1959
    Built
    Neighborhood:
    252 - Riverside
    County:
    Riverside
    Area:
    252 - Riverside
    Property Description
    Great investment opportunity! Unit 1 is a 3 bed 2 bath, 1,188 sq. ft., hardwood floors, needs a little TLC. Unit two is a 2 bed, 1 bath, 832 sq. ft., tiled floors and covered parking. The property has a front and back yard. In the back yard, there is a large storage structure, covered patio, parking with a tall security gate. The property is in a coveted location close to UC Riverside, Downtown Riverside, schools, bus routes, and the metrolink train. Very close to 60 & 91 freeway to easily navigate throughout Riverside County or to Orange or Los Angeles County. The units across the street are under construction for a full renovation, so this may add value to the area. Live in one or rent out both. Don't miss the opportunity to pick up a fantastic income property in an area poised for investment growth! Be sure to see the two different links for the 3D tour; one for the front unit and another link for the back unit. If it is not accessible for some reason, you can request it from a realtor. Update: Front unit already vacated. Back Unit could be vacated if necessary; Buyer's choice.
    Exterior Features

    Architectural Style Contemporary Carport Spaces 2.00 Construction Materials Stucco Direction Faces South Fence YN Yes Fencing BrickWrought Iron Foundation Details RaisedSlab Garage Spaces 0.00 Lot Features Back YardFront YardLawnRectangular LotNear Public TransitPark NearbyYard Lot Size Units Square Feet Other Structures Storage Parking Features ConcreteGatedRv Access/ParkingStreetTandem Covered Parking Total 4.00 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type County Road Road Surface Type Paved Roof Composition Spa Features None Spa YN No Uncovered Spaces 2.00 View City LightsHillsMountain(S)Neighborhood View YN Yes

    Interior Features

    Appliances Gas OvenWater Heater Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling Central AirWall/Window Unit(S) Cooling YN Yes Flooring Wood Heating Wall Furnace Heating YN Yes Interior Features Ceiling Fan(S)Unfurnished Laundry Features See Remarks Levels One Room Type All Bedrooms DownKitchenLaundryLiving RoomMaster Bedroom Window Features DrapesWood Frames

    Property Features

    Accessibility Features 2+ Access Exits Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 5.56 Community Features SidewalksStreet LightsSuburban Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 30900.00 Gross Multiplier 14.56 Gross Scheduled Income 30900.00 Improvements Amount 126331 Insurance Expense 2000.00 Land Lease YN No Land Value 40194 Laundry YN Yes Maintenance Expense 1000.00 Net Operating Income 25100.00 New Construction YN No New Taxes Expense 2000.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 2 Number Wall AC 2 Operating Expense 5800.00 Property Condition Repairs Cosmetic Property Sub Type Duplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TvElectricityGasRepairs Total Actual Rent 2575.00 Total Expenses 5800.00 Trash Expense 0.00 Utilities Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater Available Water Sewer Expense 800.00 Water Source Public Year Built Source Public Records

    Listing provided courtesy of Christopher Rubio of Rubio Real Estate and Zoran Grujevski of Rubio Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-27T00:27:39.667. 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 deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

     
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