We are pleased to present 1806 Loma Vista Street, a well-maintained 16-unit garden-style courtyard property located in the thriving city of Riverside, California. This property offers spacious one-bedroom, one-bath units averaging 740 square feet each, with a total of 11,890 square feet of rental space. The property sits on a spacious lot with strong curb appeal, featuring a well-manicured landscape. Recent upgrades include a newer roof, upgraded copper plumbing, updated electrical panels, and fresh exterior paint. Tenants enjoy a large open courtyard layout, creating a comfortable and appealing living environment. Additional amenities include onsite laundry facilities, tenant storage areas, and covered parking. Based on current rents, Loma Vista offers a new investor the potential to capture approximately 34.75% in upside rental income. This investment is located in Riverside, a city known for its robust real estate market and strong tenant demand. Riverside offers a wide range of amenities and a highly accessible location, with convenient transportation links, including the 91 and 215 Freeways. This makes Riverside ideal for renters working in the Inland Empire's major employment centers and educational institutions, such as UC Riverside and Riverside Community Hospital. Less than two miles from the property are popular attractions like the Mission Inn Hotel & Spa, as well as trendy restaurants such as The Salted Pig, Le Chat Noir French Restaurant, and Craftz Lounge. Residents can also enjoy cultural destinations like the Riverside Art Museum and live entertainment at the Fox Performing Arts Center. With a vibrant downtown, numerous parks, and excellent local schools, Riverside continues to attract a diverse tenant base, making this property a promising investment in a high-demand rental market.
Property Details
Property Features
Property Information:
Year Built: 1959
Stories: 2
Living Area: 11,895 SqFt
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (310) 909-5500
Listing Agent: Oscar Diaz
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 16
Lot Features
Lot Information:
Lot Size: 0.43 Acres
Other
Directions Information:
Directions: To reach 1806 Loma Vista St in Riverside from the I-15 and I-10 freeway junction, take I-10 E toward San Bernardino. Merge onto I-215 S, then exit at University Ave and head east. Turn left onto Chicago Ave and then right onto Loma Vista St; the destination will be on your right.
Price Information
Listing Price Info
Price Summary:
List Price: $3,150,000
Price Per SqFt: $265/SqFt
Tax Information:
Annual Amount: $9,795
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Riverside, CA.
This property is $2.4M more than the Median Sold Price and $112/SqFt less than other homes in Riverside, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24468157
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (310) 909-5500
Listing Agent: Oscar Diaz
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/4/2024, 3:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jun 01, 1989
Jun 01, 1989Home Sold
$480,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$9,795
$829,711
2020
$9,794
$821,204
2018
$9,436
$789,318
2017
$8,707
$773,842
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Longfellow Elementary School
3610 Eucalyptus Ave
Distance between this listing and this school0.49 miles
Public District Grades KG-6
4
/10
Emerson Elementary School
4660 Ottawa Ave
Distance between this listing and this school0.84 miles
Public District Grades KG-6
5
/10
Reach Leadership Steam Academy
3422 Rustin Ave
Distance between this listing and this school0.96 miles
Public Charter Grades KG-6
Nearby Schools
4
/10
University Heights Middle School
1155 Massachusetts Ave
Distance between this listing and this school1.08 miles
Public District Grades 7-8
4
/10
Central Middle School of Arts and Innovation
4795 Magnolia Ave
Distance between this listing and this school2.05 miles
Public District Grades 7-8
5
/10
Matthew Gage Middle School
6400 Lincoln Ave
Distance between this listing and this school3.10 miles
Public District Grades 7-8
Nearby Schools
5
/10
John W. North High School
1550 3rd St
Distance between this listing and this school0.41 miles
Public District Grades 9-12
2
/10
Abraham Lincoln Continuation
4341 Victoria Ave
Distance between this listing and this school1.00 miles
Public District Grades 9-12
3
/10
Gateway College and Career Academy
4800 Magnolia Ave
Distance between this listing and this school1.68 miles
The neighbors living near this home have an average income of $30,714. The most common annual income of people living in Riverside, CA is less than $35k. The most common type of family is single, with kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1806 Loma Vista St
What is the listing price of this property?
The listing price of 1806 Loma Vista St property is $3,150,000.
What type of property is this?
The property 1806 Loma Vista St is a house located in Riverside, California, 92507.
Is this property for sale now?
Active Listing: 1806 Loma Vista St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $9,795 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 1, 1989 for $480,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 1806 Loma Vista St has 16 bedrooms and 16 bathrooms.
What is the square footage of this property?
The property 1806 Loma Vista St is 11,895 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1806 Loma Vista St is 1959.
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This home is located at 1806 Loma Vista St in Riverside, CA and zip code 92507 in the Eastside neighborhood. This 11,895 square foot home, which was built in 1959, sits on a 0.43 acre lot. Features: 16 bedrooms, 16 bathrooms. It has been listed on Rocket Homes since December 03, 2024 and is currently priced at $3,150,000.
Riverside, CA housing market in November 2024 saw over 64 listings sold above listed price, more than 38 sold at listed price and over 62 sold below. Between October 2024 and November 2024, Riverside, CA real estate market has seen decrease in the number of listings by 8.3%. In November 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $655,046.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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