$10,000 Closing Credit¹
#PW25063013, Martin Cueva, Listing Office: Advance Realty
$1,350,000 List price
9059 Colony Pl Riverside, CA 92503
$10,000
Closing credit¹
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
StatusActive
CoolingCentral Air
Lot size0.22 Acres
Year built1978
ParkingOn Site, Paved, Private, One Space, Uncovered
MLS #AR25048685
Virtual tour
Summary
- MLS Number: AR25048685
- MLS Name: CRMLS
- Office Name: COMPASS
- Office Phone: (650) 279-1212
- Listing Agent: Douglas Lee
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: 4/12/2025, 8:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,350,000
9059 Colony Pl
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| 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
| Year | Assessment | Property 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.
Neighborhood
The neighbors living near this home have an average income of $30,909. The majority of Riverside, CA residents have income less than $<35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
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 Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
White Castle
Little Caesars
What do the neighbors drive?
Honda
Kia
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary- Soft Adult Contemporary
All data provided by Home Junction and Claritas
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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.
Over 64 listings were sold over their listed price in March 2025 in Riverside, CA. In the same period over 80 listings were sold below the listed price and 36 listings were sold for the listed price. In March 2025 in Riverside, CA there were 4.8% more homes for sale than in February. The median list price of listings available in March 2025 was $660,128, while the average time on the real estate market was 44 days.
From Rocket Homes Real Estate and based on county public records data.