Back 6366 Neva Pl
Off Market

6366 Neva Pl

Riverside CA 92506

0.16 ac.
Single-Family
Last sold for $460,500
Sean HwangboSean Hwangbo, last sold this property on 19 April 2019 after -494 days on market.

Overview

DRIVE BY ONLY. DO NOT DISTURB TENANTS. TEXT/EMAIL LISTING AGENT FOR MORE DETAILS. We are pleased to exclusively present Neva Place Duplex, a single-story multi-family investment opportunity in the city of Riverside, California. Sitting on 6,970 SF lot, the property is neatly positioned in a quiet, treelined residential pocket in the desirable Magnolia Center submarket. Both units are two-bedroom/one-bathroom units and offers individual enclosed garages for each tenant. Upgrades in recent years include: dual pane windows (rear of subject property), newer carpet & window coverings. The property benefits from both its close proximity to the California State Route 91 as well as walking distance access to Riverside Plaza which tenants national entertainment/retailers such as Regal Cinemas, CVS, Vons, and Bank of America to name a few. With little to no comparable multi-family buildings, there is a strong demand and a lack of supply of multi-family units in the immediate area. The future owner has the ability to own a bite sized offering that can achieve significant upside within a relatively short period of time. Rental comparables illustrating potential upside of 23.1%.

Features

0.16 ac. lot size
Single-Family

Estimated Value

Based on this property and similar single-family properties sold in Riverside over the last 12 months, the estimated median property value of 6366 Neva Pl is $728.19k.

Median value
$728.19k
Estimated value range
$430k - $3.5m
Median days on market
21
Estimated value trend
1%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Riverside. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 6366 Neva Pl

2019
Sold
$460,500
19 Apr 2019 by Sean Hwangbo, of Realty ONE Group West | Rancho Cucamonga
2019
Sold
$460,500
19 Apr 2019 by Sean Hwangbo, of Realty ONE Group West | Rancho Cucamonga
2019
Sold
$460,500
19 Apr 2019 by Sean Hwangbo

Happy sellers in Riverside

76%
76% of sellers in Riverside reported that their sale price either exceeded or met their price expectations.

Riverside stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in Riverside over the last 12 months.

Local market activity for single-family properties in Riverside

In the last 12 months, 389 single-family properties similar to 6366 Neva Pl, have been sold.

This represents a 27% increase in single-family properties sales when compared to the previous 12 months.

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