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$1,350,000

9059 Colony Pl Riverside, CA 92503

0.2 acres
Multi-Family

Property details

About 9059 Colony Pl

Excellent opportunity to own four units that are leased at below market rents. Property is zoned R3. Not only is the property is conveniently located behind a renovated Stater Brothers shopping center with a Canes nearby, but this investment property can sustain itself. The property generates enough in rents that it will cover the expenses, property insurance, and the mortgage. The four units also comes with a community laundry room that is coin operated. The washer and dryer machines are rented and the 3rd party company takes care of everything. The landlord nets about $100 per month. The investment property also has eight to nine parking spots. See attached supplements for: Property inspection reports, title, sewage, termite, seller disclosures, and offer template. All you need to do is plop in the price! Be sure to click on the 360 3D matter port tour. MLS only allows for one tour, so I have added the rest on the supplements, if you want to view the other units. Many of the leases renewal will be in the summer. Property will be sold as-is.

Highlights

Home typeQuadruplex
StatusAccepting Backup Offers
(Active Under Contract)
CoolingCentral Air
Lot size0.22 Acres
Year built1978
ParkingOn Site, Paved, Private, One Space, Uncovered
MLS #AR25048685

Virtual tour

Summary

  • Appliances: Gas Oven, Refrigerator
  • Flooring Type: See Remarks
  • Interior: Unfurnished, All Bedrooms Down
  • Fireplace: None
  • Private Pool: No
  • Parking: On Site, Paved, Private, One Space, Uncovered
  • Architectural Style: See Remarks
  • Heating: None
  • Cooling: Central Air
  • List Price: $1,350,000
  • Annual Tax Amount: $6,761
  • Tax Year: 2024
  • Lot: Back Yard, Cul-De-Sac, Rectangular Lot
  • Directions: Head south on Van Buren. Then head east on Jackson, then a left on Colony Pl.
  • Year Built: 1978
  • Stories: 2
  • Lot Size: 0.22 Acres
  • MLS Number: AR25048685
  • MLS Name: CRMLS
  • Office Name: COMPASS
  • Office Phone: (650) 279-1212
  • Listing Agent: Douglas Lee

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: 7/23/2025, 9:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Feb 26, 2024
Home Sold
$1,100,000
Dec 06, 2016
Home Sold
$541,000
May 02, 2001
Home Sold
$202,500
Mar 01, 1989
Home Sold
$243,000
Jan 01, 1988
Home Sold
$219,500

Tax history

YearAssessmentProperty Tax
2024$602,573$6,761
2023$590,759$6,732
2022$579,176$6,610
2021$567,821$6,518
2020$562,000$6,466
2018$551,718$6,353
2017$540,900$3,131

History based on county public records data.

Nearby schools

4

Andrew Jackson Elementary School

Public District KG-6

0.5 mi

4585 Jackson St

3

Foothill Elementary School

Public District KG-5

0.8 mi

8230 Wells Ave

3

Arlanza Elementary School

Public District KG-5

0.9 mi

5891 Rutland Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $30,909. Residents of Riverside, CA typically earn less than $<35k each year. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

54%
<35k
40%
35k-100k
6%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

47%
Single, No Kids
17%
Single, with Kids
13%
Married, No Kids
23%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
8%
12-17 yrs old
23%
18-34 yrs old
34%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • White CastleWhite Castle
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • HondaHonda
  • KiaKia
  • DodgeDodge

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
  • Soft Adult ContemporarySoft Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 9059 Colony Pl

The listing price of 9059 Colony Pl property is $1,350,000.

The property 9059 Colony Pl is a multi located in Riverside, California, 92503.

Accepting Backup Offers: 9059 Colony Pl is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

The nearby schools for 9059 Colony Pl are: Andrew Jackson Elementary School (GreatSchools Rating 4/10), Foothill Elementary School (GreatSchools Rating 3/10), Arlanza Elementary School (GreatSchools Rating 3/10), Wells Middle School (GreatSchools Rating 3/10), Chemawa Middle School (GreatSchools Rating 5/10), Sierra Middle School (GreatSchools Rating 5/10), Norte Vista High School (GreatSchools Rating 5/10), Alvord Alternative Continuation High School (GreatSchools Rating 3/10), Ramona High School (GreatSchools Rating 6/10).

According to the records, the last property tax for 2024 is $6,761 (source: MLS/based on county public records data).

The last sale was on February 26, 2024 for $1,100,000 (source: MLS/tax record).

The year of construction for 9059 Colony Pl is 1978.

This home is located at 9059 Colony Pl in Riverside, CA and zip code 92503 in the Ramona - Riverside neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 25, 2025 and is currently priced at $1,350,000.

While more than 61 listings in Riverside, CA in June 2025 were sold above asking price, there were more than 51 listings sold at asking price, and more than 74 were sold below. In June 2025 in Riverside, CA there were 0.9% less homes for sale than in May. Listings spent 38 days on the market in June 2025, and had a median list price of $663,717 during the same period.

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

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