new - 4 days on rocket

6940 Malibu Dr, Riverside, CA, 92504

$649,900

Home List Price

$7,718*

Closing Credit

3 Bedrooms
2 Full Baths
1,758 SqFt
$370/SqFt
House

Location

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6940 Malibu Dr, Riverside$649,900

Buyer Closing Credits

$7,718*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage2 spaces
Year Built1954
HeatingCentral
CoolingCentral Air
FireplaceSee Remarks
MLS #IV24240803
Lot Size0.20 Acres
StatusActive

About 6940 Malibu Dr

Welcome to this incredible 3-bedroom, 2-bathroom gem! Situated on a great sized lot, this charming single-story home offers a long driveway with plenty of room for potential RV parking, vehicles, toys, and more. This home features a functional kitchen with ample storage, complete with an attached laundry room. The generously sized secondary bedrooms and primary bedroom provide comfort and space for all. Enjoy tree-lined streets in this inviting neighborhood. Other notable features include the outdoor shed, ceiling fans, back patio, and the detached garage which can also service a multitude of options including exploring the option of an ADU, and more!! Located in proximity to schools, parks, freeways, shopping and more. Act now, before it's too late!

Property Details

Property Features

Property Information:

  • Year Built: 1954
  • Stories: 2
  • Living Area: 1,758 SqFt

Listing Office:

  • Office Name: NEST REAL ESTATE
  • Office Phone: (951) 394-3554
  • Listing Agent: RYAN MCKEE

Interior Features

Interior Information:

  • Interior: All Bedrooms Down
  • Fireplace: See Remarks

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard, Lawn
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Arlington Ave to Malibu Drive

Price Information

Listing Price Info

Price Summary:

  • List Price: $649,900
  • Price Per SqFt: $370/SqFt

Tax Information:

  • Annual Amount: $4,485
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Riverside, CA.

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Riverside, CA

City

Med. Sold Price

$655K

Med. Price/SqFt

$377

Avg. Days On Market

38

# of Sold Homes

164

6940 Malibu Dr vs Riverside

4 DAYS ON ROCKET

-34 Days

$649,900

-$5.1K Less

$370/SqFt

-$7 Less

KEY TAKEAWAY

This property is $5.1K less than the Median Sold Price and $7/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: #IV24240803

Listing Office:

  • Office Name: NEST REAL ESTATE
  • Office Phone: (951) 394-3554
  • Listing Agent: RYAN MCKEE

IDX 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: 12/2/2024, 2:20:51 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

Jan 11, 2018Home Sold
$385,000
Nov 30, 2004Home Sold
$270,000
Aug 12, 2002Home Sold
$170,000
May 06, 2002Home Sold
$88,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,485$404,703
2020$4,485$400,554
2018$4,100$366,078
2017$3,149$324,000

History based on county public records data.

Payment Calculator

$3,311

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

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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.

Nearby Schools

school-card-donut-3168268
4
/10

  • Thomas Jefferson Elementary School

  • 4285 Jefferson St

  • 0.31 miles

  • Public District Grades KG-6

school-card-donut-3168269
6
/10

  • John Adams Elementary School

  • 8362 Colorado Ave

  • 0.47 miles

  • Public District Grades KG-6

school-card-donut-3168270
4
/10

  • Monroe Elementary School

  • 8535 Garfield St

  • 0.92 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,652. Most Riverside, CA residents have annual incomes less than $35k. The majority of families are married, with kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 6940 Malibu Dr

What is the listing price of this property?

The listing price of 6940 Malibu Dr property is $649,900.

What type of property is this?

The property 6940 Malibu Dr is a house located in Riverside, California, 92504.

Is this property for sale now?

Active Listing: 6940 Malibu Dr 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 $4,485 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 11, 2018 for $385,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 6940 Malibu Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 6940 Malibu Dr is 1,758 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 6940 Malibu Dr is 1954.

Rocket Homes›California›Riverside County›Riverside›92504›6940 Malibu Dr

This home is located at 6940 Malibu Dr in Riverside, CA and zip code 92504 in the Airport neighborhood. This 1,758 square foot home, which was built in 1954, sits on a 0.20 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 27, 2024 and is currently priced at $649,900.

In November 2024, from all listings sold in Riverside, CA there were more than 64 sold above asking price, over 62 sold below and more than 38 were sold right at the asked price. Between October 2024 and November 2024, Riverside, CA real estate market has seen decrease in the number of listings by 8.3%. The median list price of listings available in November 2024 was $655,046, while the average time on the real estate market was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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