$535,000
●
House -
Off Market
4766 Merrill Avenue
Riverside, CA 92506
3 Beds
1 Bath
957 Ft²
$2,578
Est. Monthly
About This Property
NEWLY Renovated! Welcome to this beautiful, single-story home on
Merrill Street, Riverside 92506. This property has everything you
need, a great location with only a short drive to the Riverside
Plaza, Downtown Riverside, Riverside Community College, and
numerous shopping centers, parks, Hospitals, doctors and so much
more. This home offers an attached 2-car garage. Everything about
this home has been redone, the beautiful floors, a brand-new
kitchen and stainless-steel appliances, bathroom with walk-in
shower, interior and exterior paint, and new windows! This home has
a total of 3 bedrooms with the master having backyard access. The
living room is located at the entry and is very open and a great
spot to entertain family and friends or just to enjoy a cozy night
in. Large backyard with raised garden beds. This bright and shiny,
newly redone home is going to go fast, so don't wait! Give us a
call and schedule a showing so we can get you moved in for the New
Year!
Unit Size
957 Ft²
Days on Market
279 days
Land Size
0.17 acres
Price per sqft
$548
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1951
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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 #IV24251932)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 25, 2025 | Sold | ||
| Sold | |||
| Aug 22, 2025 | In contract | - | |
| In contract | |||
| Aug 7, 2025 | Price Decreased |
$524,900
↓ $30K
(5.4%) | |
| Price Decreased | |||
| Jul 1, 2025 | Relisted | $554,900 | |
| Relisted | |||
| Jun 18, 2025 | In contract | - | |
| In contract | |||
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
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HOA + Taxes
About Magnolia Center
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Listed by: SCOTT TUCKER, PROVIDENCE REALTY
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IV24251932
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IV24251932
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