$495,000
●
House -
Off Market
2795 Pleasant Street
Riverside, CA 92507
4 Beds
2 Baths,
1
Half Bath
1,605 Ft²
$488,078
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model
About This Property
**Investors Dream** Welcome to this charming corner-lot home with
endless possibilities! Incredible investment opportunity! This
spacious home situated on a desirable corner lot with its manicured
spacious lawn is the ideal choice. The four bedrooms plus a
basement, providing ample room for comfortable living, storage,
creative use, or potential rental income. Convenience is key with
alley access that leads to the back of the property, where you'll
discover a spacious area for parking. Say goodbye to the hassle of
street parking or limited space – this property has you covered!
This property also offers the exciting possibility of an Accessory
Dwelling Unit (ADU). Whether you envision it as a separate living
space for extended family, a cozy guest suite, or a lucrative
rental opportunity, the potential for an ADU adds versatility and
value to this already spacious home. Don't miss out on this
extraordinary opportunity to own a property that offers both
immediate and long-term potential.Don't let this incredible
opportunity slip away!
Unit Size
1,605 Ft²
Days on Market
46 days
Land Size
0.15 acres
Price per sqft
$305
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1947
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 months ago (CRMLS #IG23170626)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 8, 2025 | Listed | $639,999 | |
| Listed | |||
| | |||
|
JUST LISTED! This home is ideally situated on a highly sought-after corner lot, featuring a meticulously manicured lawn that enhances its curb appeal and invites outdoor enjoyment. With a total of four generously-sized bedrooms, along with a finished basement, this residence provides ample space for comfortable living. The basement can be utilized for various purposes, including additional storage, a recreational area, or even transformed into a separate rental unit, increasing potential income opportunities. This property, as it includes alley access that leads directly to the back of the home, allowing for easy entry and exit. This feature is particularly appealing for homeowners who value privacy and convenience.
DO NOT DISTURB OCCUPANTS OR GO TO THE PROPERTY WITHOUT APPOINTMENT CONFIRMATION!
| |||
| Oct 30, 2023 | Sold | ||
| Sold | |||
| Sep 8, 2023 | Listed by KW The Lakes | $489,900 | |
| Listed by KW The Lakes | |||
Property Highlights
Garage
Fireplace
Parking Available
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Eastside
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Listed by: Manny Serna, KW The Lakes
Last Updated: 3 months ago
Data Source: CRMLS, MLS# IG23170626
Last Updated: 3 months ago
Data Source: CRMLS, MLS# IG23170626
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