SOLD 02/20/2024
Photos
About
Details
Nearby major retailers
Interior Features
Listed by
Buyer agent
Payment calculator
Lot details
Neighborhood
Price history
Similar commercial for sale
Recently sold commercial
Recently sold properties
Similar properties for sale
Request more info
FAQ
Map View
Commercial sold for $1,495,000 in 203 days
3881 5th St Riverside, CA, 92501
Off the market Other
3881 5th Street is located in the heart & robust rental market of Downtown Riverside, California. Built in 1930 and updated in 2022 & 2023. The property consists of 4,340 rentable square feet and is comprised of a unit mix of two 2 Bed / 1 Bath, two 1 Bed + Den / 1 Bath and two 1 Bed / 1 bath units. The property is situated on a 0.18- acre lot and includes 4 private garages with street parking also available. The property is separately metered for gas and electric with a community laundry room. The current ownership has renovated all the interiors including a new block wall and gates. Each unit was tastefully remodeled with new flooring, windows, cabinets, stove, microwave, countertops, sink, toilet, vanity, shower, AC, recessed lighting and ceiling fans throughout. The “heavy lifting†is complete and should appeal to an investor looking for a bite size, turnkey property located in Downtown Riverside surrounded by tremendous job opportunity within walking distance for the tenants to choose from. Riverside is in the county seat of Riverside County; California and it is the most populous in the county. The United States Census Bureau estimated its 2019 population at 325,000, making Riverside the 12th most-populous city in California. Riverside is in Southern California, adjacen
Read more
Property details
4,340 sqft interior area
Land area
7,840 sqft (0.18 acres)
Address
3881 5th St, Riverside, CA, 92501
City of California
Riverside
County
Riverside
Previous price
$1,595,000
Year Built
1938
District
Listing
Nearby major retailers
T-Mobile
Trader Joe's
Mobile phone: 1
Supermarket: 1
Show more
Interior Features
Vinyl floors
Floor Covering
Vinyl
Garage & Parking
Assigned, Other
Amenities
Other
Listed by
Mark Bridge, Mark Bridge, Broker
Name
Mark Bridge
License number
01316702
Brokerage company
Mark Bridge, Broker
MLS #
CROC23133911
Buyer agent
Name
Hannah Johnson
Brokerage company
Coldwell Banker Alliance
Payment calculator
Calculate your monthly payments
Mortgage
$4,590
Taxes
$0
HOA dues
$0
Mortgage
$299,000 / 20%
2.28%
30 years
Your amount
$4,590 / month
Lot details
TMK #213103009
Parcel nr.
213103009
92501 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
—
no data
Supermarket
—
no data
Costco
—
no data
Hospital
—
no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
no data
High school
—
no data
Local airport
—
no data
People living in 92501
45%
Families with children
National average: 39%
31%
Non family households
323,253
Population
$78,632
Average Income
Age & gender
Median age 32 years
More info
Commute types
87% commute by car
More info
Education level
26% have high school education
More info
Number of employees
4% work in education and healthcare
More info
Vehicles available
37% have 2 vehicle
More info
Vehicles by gender
37% have 2 vehicle
More info
Housing market insights for
$625.28k
Neighborhood average
sales price*
sales price*
$589k
Neighborhood median
sales price*
sales price*
250
Number
of sales*
of sales*
Housing type
64% are single detacheds
More info
Rooms
33% of the houses have 4 or 5 rooms
More info
Bedrooms
56% have 2 or 3 bedrooms
More info
Owners vs Renters
53% are owners
More info
19 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Sold Feb 20, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Feb 20, 2024 | Sold | $1,495,000 | 0 | Public Record |
| Jan 18, 2024 | Pending | $1,495,000 | 0 | MLS #CROC23133911 |
| Dec 21, 2023 | For sale | $1,495,000 | 0 | MLS #CROC23133911 |
| Dec 8, 2023 | Pending | $1,495,000 | 0 | MLS #CROC23133911 |
| Nov 22, 2023 | For sale | $1,495,000 | 0 | MLS #CROC23133911 |
| Nov 22, 2023 | Price Decrease | $1,495,000 -6.27% | 0 | MLS #CROC23133911 |
| Oct 24, 2023 | Unavailable | $1,595,000 | 0 | MLS #CROC23133911 |
| Oct 13, 2023 | Price Decrease | $1,595,000 -5.9% | 0 | MLS #CROC23133911 |
| Aug 2, 2023 | New Listing | $1,695,000 | 0 | MLS #CROC23133911 |
Similar commercial for sale
Similar homes nearby 3881 5th St for sale
Recently sold commercial
Recently sold properties
Similar properties for sale
Request more info
By pressing SEND, you agree that Verhouse and real estate professionals may call/text you about your inquiry, which may involve use of automated means and prerecorded/artificial voices. You don’t need to consent as a condition of buying any property, goods or services. Message/data rates may apply. You also agree to our Terms of Use. Verhouse does not endorse any real estate professionals.
Frequently Asked Questions about 3881 5th St
What is 3881 5th St?
3881 5th St is a Commercial/Industrial propertywith 4,340 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
3881 5th St, Riverside, CA, 92501.
What comparable properties are nearby?
Comparable nearby commercial properties include 4049 Almond St, 2798 Main St, 4024 12th St, 3159 1st St, 2904 10th St, 4545 Allstate Dr.
Based on information from the bridgeMLS as of 05-18-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Feb 21, 2024
Verhouse Last checked less than a minute ago
The closest grocery stores are Maxi Foods Market, 0.33 miles away and Smart & Final, 0.57 miles away.
The 92501 zip area has a population of 323,253, and 45% of the families have children. The median age is 32.29 years and 87% commute by car. The most popular housing type is "single detached" and 53% is owner.
