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Sold for $719,000 · Feb 2020

SOLD

Listed at $739,990

Sold

4040 4th Street, Riverside, CA 92501

Riverside, CA

MLS# EV19242280

4,041 Sq Ft • Single Family Home8bd • 8ba
18 days on market

Listing Agent

CHARLES OBICHANG

Listing Agent

KELLER WILLIAMS REALTY

DRE #: 01870646

Brokerage: KELLER WILLIAMS REALTY

Property Details

8

Bedrooms

8

Bathrooms

4,041 sqft

Square Feet

1917

Year Built

8,060 sqft

Lot Size

$178

Price/Sq Ft

2

Garage Spaces

N/A

HOA

Single Family Home

Property Type

Description

INCREDIBLE VALUE ADD OPPORTUNITY! LOCATED IN THE HEART OF DOWNTOWN RIVERSIDE AND IN THE WALK-ZONE! CURRENTLY 8 UNITS TOTAL - 6 UNITS IN THE MAIN HOUSE & 2 UNITS IN THE REAR. EACH WITH BATHROOM. PROPERTY IS COMPRISED OF 3 SEPARATE HOUSES ON ONE LOT. EACH HOUSE HAS ITS OWN ADDRESS, ELECTRICITY AND GAS METERS. COVERED LAUNDRY AREA. GARAGE IS BEING USED AS STORAGE. CLOSE TO AMENITIES, 5-MINUTE WALK TO DOWNTOWN RIVERSIDE, AND HIGH RENTAL DEMAND. 3 UNITS CURRENTLY VACANT DUE TO REMODELING. PROPERTY TO BE SOLD AS-IS.

Listing description from the February 2020 sale, as reported to CRMLS.

Facts & Features

Details

Stories
2
Cooling
WallWindowUnits
Heating
WallFurnace
View
Neighborhood

Sale history for 4040 4th Street

2 recorded sales

$719,000
Sold February 2020 · listed $739,990, on market October 2019, 18 days on market · MLS #EV19242280 · Source: CRMLS
Listing Agent: CHARLES OBICHANG · Listing Office: KELLER WILLIAMS REALTY · Contact: 909-793-2100 · Bought with: KEVIN WATSON · RE/MAX TIME REALTY
$719,000
Sold February 2020 · listed $739,900, on market October 2019, 22 days on market · MLS #EV19242275 · Source: CRMLS
Listing Agent: CHARLES OBICHANG · Listing Office: KELLER WILLIAMS REALTY · Contact: 909-793-2100 · Bought with: KEVIN WATSON · RE/MAX TIME REALTY

How this sale compares

4040 4th Street sold for $719,000 in February 2020, 2.8% under its $739,990 list price, after 18 days on the market. That works out to $178 per square foot on 4,041 square feet. Across 70 closed sales in 92501 over the last 12 months, the median sold price is $565,000 and the median is $378 per square foot, 112% above this sale's $178.

$178
This sale, per sq ft
$378
92501 median per sq ft (12 mo)
$565,000
92501 median sold price (12 mo)
70
Closed sales in 92501 (12 mo)
18
Days on market
−2.8%
Sold vs. list price
QuarterClosed sales in 92501Median sold price
Q1 20265$645,000
Q2 202631$535,000
Q3 202624$625,000
Q4 202610$522,500

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Riverside · Homes for sale in 92501

Recent sales near 4040 4th Street

Closed sales reported in 92501, nearest first, last 12 months. All recent sales in Riverside →

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CRMLS

MLS# EV19242280

Listed: 10/13/2019

© 2026 California Regional Multiple Listing Service, Inc. Based on information from the California Regional Multiple Listing Service, Inc. as of 2/24/2020. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.

Listed by: KELLER WILLIAMS REALTY

Equal Housing Opportunity

Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.