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4971 Brooks Street, Riverside, CA 92506
$1,245,000
4971 Brooks Street, Riverside, CA 92506View this property at 4971 Brooks Street, Riverside, CA 92506
4971 Brooks StreetRiversideCA92506
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Property Description
Great Investment Opportunity. 5.3 Cap Rate on a Townhouse Style 4 Plex with 3 units remodeled and Newer 40 yr Composition Roof and Newer exterior paint and fence. Each unit features 2 large bedrooms approximately 13 X 15. & 1.5 Baths, full bath up and half bath down. The Primary bedroom offers a spacious walk-in closet and access to the hall bath from the bedroom. All water heaters have been replaced, 3 Interiors updated within the last 5 years. Smooth Ceilings, Recessed Lights and more. Each unit has their own patio. Tenants pay gas and electricity. There is a laundry room on-site for the tenants with leased machines that generate approximately $125 per month to the owner. Laundry Room has been upgraded with built in cabinets. Parking is open and there is room enough for 9 cars. The lot is over 1/2 acre and the fence is new! This is a well maintained building with good tenants and located in a great neighborhood close by Downtown Riverside, The Mission and University of California Riverside, , Riverside City College, Businesses and Entertainment.
Full Property Details
Full Property Details for 4971 Brooks St
General
- Sold For: $1,245,000
- Status: Closed
- Type: Multi-Family
- MLS ID: PW23205820
- Added to Site: 205 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Up, Primary Bedroom, Walk-In Closet
- Fireplace(s): None
- Flooring: Carpet
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Parking Features: Asphalt, Off-Street, On-Site, Side-by-Side, Uncovered
- Parking: Asphalt, Off-Street, On-Site, Side-by-Side, Uncovered
Location
- Area: 252 - Riverside
- County: Riverside
- Development Name: 252 - Riverside
- Driving Directions: Olivewood to Brooks
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: None
Utilities
- Sewer: Public Sewer, Sewer Paid
- Water: Public
- # Water Meters: 1
- # Gas Meters: 4
- # Electric Meters: 5
Structural Information
- Roof: Composition
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 3,842
- Year Built: 1985
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.62
- Lot Size Source: Assessor
- Zoning: R-3
- Lot Description: Landscaped, Lot 20000-39999 Sqft, Level, Near Public Transit, Sprinklers in Front, Yard
Financial Considerations
- Price Per Sq. Ft.: $324.05
- Price Per Unit: 311250
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
Listed by BHHS CA Properties, Shariee Dunn
Sold by Realty Pro 100, Darin Wilson and Realty Pro 100, Christian Wilson
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Schools
Schools serving 4971 Brooks St
School District:Riverside Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
2433 Central Ave, Riverside, CA 92506 | K-6 | 1.2 mi | |
4795 Magnolia Ave, Riverside, CA 92506 | 7-8 | 0.5 mi | |
5450 Victoria Ave, Riverside, CA 92506 | 9-12 | 1.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4971 Brooks St
Date
Details
Price
Change
Source
12/05/2023
Sold
$1,245,000
—
MLS
11/07/2023
Listed
$1,245,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4971 Brooks Street, Riverside, CA 92506 (MLS# PW23205820) is a Multi-Family property that was sold at $1,245,000 on December 05, 2023. Want to learn more about 4971 Brooks Street? Do you have questions about finding other Multi-Family real estate for sale in Riverside? You can browse all Riverside real estate or contact a Coldwell Banker agent to request more information.