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10260 Cook Avenue
Riverside, CA 92503
Sold
Calling all investors looking for a multi-family property with upside potential! Current rent is below market at $1,070 per unit. Recent rental data for the area suggests a mid-range market rent of $2,100+ per month for 4-bedroom units in the 1,100 to 1,200 square foot range. All four units have four bedrooms and one bathroom. All tenants are month-to-month, and a rental activity report for the area is available upon request. 60-Day notices for termination of tenancy were issued to all tenants on 2/23/2023. A large portion of the lot is still undeveloped, which could possibly be used to create more revenue. The two units nearest to Cook Avenue have fenced yards, and all the units have detached, 2-car garages. Currently, the water is all on one meter, and all other utilities are metered separately. The units are in average condition inside, and the exterior could use a coat of paint, some dry rot repair on the wood, and some nicer landscaping. A video of one of the units is available upon request. This location boasts tons of convenient amenities, including multiple grocery stores, Walmart, Lowe’s, the AMC theater, Challen Park, El Dorado Park, public schools, and North-West College Riverside all within six minutes’ drive or less, per Google. The property appraised in December 2022 for $1,000,000.
PROPERTY INFORMATION
| MLS # | CV22224574 | Lot Size | 19,166 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Quadruplex |
| Price | $ 950,000
Price Per SqFt: $ 215 |
DOM | 937 Days |
| Address | 10260 Cook Avenue | Type | Residential Income |
| City | Riverside | Sq.Ft. | 4,410 Sq. Ft. |
| Postal Code | 92503 | Garage | 8 |
| County | Riverside | Year Built | 1955 |
| Bed / Bath | 4 / 0 | Parking | 22 |
| Built In | 1955 | Status | Closed |
| Sold Date | 2023-05-04 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Gas Dryer Hookup, In Garage, In Kitchen, Washer Hookup |
| Has Fireplace | No |
| Fireplace Information | None |
| Has Appliances | Yes |
| Kitchen Appliances | Gas Oven, Gas Range, Gas Water Heater, Water Heater Central, Water Heater |
| Has Heating | Yes |
| Heating Information | Natural Gas, Wall Furnace |
| Room Information | All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom |
| Has Cooling | Yes |
| Cooling Information | Wall/Window Unit(s) |
| Flooring Information | Carpet, Laminate, Tile |
| Has Spa | No |
| SpaDescription | None |
| SecuritySafety | Window Bars |
EXTERIOR FEATURES
| FoundationDetails | Slab |
| Has Pool | No |
| Pool | None |
| Has Fence | Yes |
| Fencing | Block, Chain Link |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,013
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 05/04/2023 | Sold | $880,000 |
| 03/14/2023 | Active | $950,000 |
| 02/03/2023 | Pending | $950,000 |
| 01/17/2023 | Active | $950,000 |
| 01/10/2023 | Pending | $950,000 |
| 01/07/2023 | Price Change | $950,000 (-5.00%) |
| 11/21/2022 | Listed | $1,000,000 |
Topfind Realty
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Listing provided courtesy of Caleb Hanson, KELLER WILLIAMS REALTY COLLEGE PARK. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.
