Listed by: BRIAN L. COHEN, ARROWHEAD PREMIER PROPERTIES
$345,000
●
Condo -
Off Market
3090 Panorama Road #D
Riverside, CA 92506
2 Beds
2 Baths
1,023 Ft²
$2,103
Est. Monthly
$408
HOA / Fees
9.91%
Cap Rate
About This Property
Single Living in Gated Community. This affordable housing offers 2
bedrooms and 2 bathrooms on one floor. Enter through your private
courtyard patio into the mid-century architecture unit with tile
flooring and newer paint throughout. Livingroom with wall of glass
french doors, welcomes you with an abundance of natural light
seamlessly connects you to kitchen dining area. Kitchen has
washer/dryer hookups. Updated bathrooms and fresh paint. This
property is conveniently located just a few blocks to RCC and close
to downtown. HOA covers water, trash, security and exterior
maintenance.
Unit Size
1,023 Ft²
Days on Market
70 days
Land Size
-
Price per sqft
$337
Property Type
Condo
Property Taxes
-
HOA Dues
$408
Year Built
-
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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: 2 years ago (CRMLS #IG24228721)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 21, 2025 | Sold | ||
| Sold | |||
| Dec 27, 2024 | In contract | - | |
| In contract | |||
| Dec 20, 2024 | Relisted | $345,000 | |
| Relisted | |||
| Dec 9, 2024 | In contract | - | |
| In contract | |||
| Nov 9, 2024 | Listed by ARROWHEAD PREMIER PROPERTIES | $345,000 | |
| Listed by ARROWHEAD PREMIER PROPERTIES | |||
Show More
Property Highlights
Parking Available
Fireplace
Interior Details
Bedrooms: 2
Bedrooms on Main Level: 2
Full Bathrooms: 1
Bathrooms on Main Level: 2
Levels: One
Interior Features: Eat In Kitchen, Open Floorplan, Galley Kitchen, Main Level Primary
Appliances: Electric Range, Microwave
Living Area Square Feet Source: Assessor
Laundry Features: Washer Hookup, In Kitchen
Has Fireplace
Living Room
Exterior Details
Year Built: 1963
Parcel Number: 219251033
Home Type: Residential
Structure Type: Quadruplex
Outdoor Living Structures: Patio
Spa Features: None
Pool Features: None
Elevation Units: Feet
Utilities Details
Cooling Type: Wall Window Units
Heating Type: Central
Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Location Details
Association Amenities: Controlled Access, Maintenance Grounds, Management, Maintenance Front Yard, Pets Allowed, Security, Trash, Water
Association Fee: $408
Association Fee Frequency: Monthly
Community Features: Curbs, Hiking, Park, Street Lights, Sidewalks
High School District: Riverside Unified
Directions: Cross street, Olivewood Ave to Panorama - enter gate at 3062 Panorama
Other Details
Listing Terms: Cash, CashToNewLoan, Conventional
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/09/2024
|
2 Bed
|
2 Bath
|
1023 ft²
|
$345,000
2 Bed
2 Bath
1023 ft²
|
$345,000
01/21/2025
|
BRIAN L. COHEN
ARROWHEAD PREMIER PROPERTIES
| |
|
03/08/2024
|
2 Bed
|
2 Bath
|
1023 ft²
|
$380,000
2 Bed
2 Bath
1023 ft²
|
-
-
|
Amy Cox
RE/MAX SS
| |
|
03/08/2024
|
2 Bed
|
2 Bath
|
1023 ft²
|
$380,000
2 Bed
2 Bath
1023 ft²
|
-
-
|
Amy Cox
RE/MAX SS
|
Building Info
About Magnolia Center
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Listed by: BRIAN L. COHEN, ARROWHEAD PREMIER PROPERTIES
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IG24228721
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IG24228721
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