$2,300,000
-$49,00017305 Sage Avenue, Riverside CA 92504
Multi-Family (Fourplex)
Property type
459 days
On market
$380
Price per sqft
2 cars
Garage
2007
Year built
84,942 sqft
Lot size
Home highlights
Open Houses
Overview
Investment Opportunity: Five Houses on Expansive 1.95 Acres. This unique investment opportunity features five well-maintained houses in the sought-after Woodcrest area of Riverside. These properties offer excellent income potential and are ideal for both seasoned investors and Multi-family living arrangements. Main House was Built in 2007 with 3,046 square feet, upgraded...
Listing provided by: ALLISON GARCIA DRE #01314942, HERITAGE HOME REALTY
Listing updated: Mar 31, 2026 at 04:13am.
Last checked: Jun 5, 2026 at 12:31am
Source: CRMLS #IV25046329
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | — | $1,600 | $1,600 | $1,800 | Unfurnished |
| 1 | 3 | 3 | — | $0 | $0 | $3,700 | Unfurnished |
| 1 | 3 | 2 | — | $2,700 | $2,700 | $2,700 | Unfurnished |
| 1 | 2 | 1 | — | $2,000 | $2,000 | $2,000 | Unfurnished |
| 1 | 3 | 1 | — | $2,700 | $2,700 | $2,700 | Unfurnished |
# of Buildings: 5
# of Units Total: 5
Separate Electric Meters: 5
Separate Gas Meters: 5
Separate Water Meters: 1
Rent Control: No
Tenant Pays: All Utilities
Financial Snapshot
Gross Rent Multiplier
15.1x
List Price / Annual Gross Rent
Cap Rate
4.37%
NOI / List Price
Gross Scheduled Income: $152,400
Operating Expense: $51,827
Net Operating Income: $100,573
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $8,216
New Taxes: $33,127
Professional Management: $0
Trash: $864
Water / Sewer: $2,000
Interior
Interior Features: All Bedrooms Down
Room Type: Bedroom
Cooling: Central Air
Heating: None
Laundry: Electric Dryer Hookup, Gas Dryer Hookup
Entry Location: Front Door
Exterior
Property Attached: No
Stories Total: 1
Common Walls: No Common Walls
Lot Features: Two To Five Units Acre, Back Yard
Pool: None
Water Source: Public
Sewer: Septic Tank
Utilities: Cable Available, Electricity Available, Phone Available, Water Connected
Garage and Parking
Garage Spaces: 2
Parking Total: 2
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 274060005
Additional Parcels: No
Tax Lot: 38
Zoning: R-A
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Valley
Nearby Schools
Nearby schools around the 17305 Sage Avenue, Riverside, CA 92504. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,840,000
Total Interest
$2,346,819
Total Payment
$4,186,819
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$14,176
per month
Property History for 17305 Sage Avenue
Riverside Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92504.
Similar Homes
Listings with similar prices to 17305 Sage Avenue