Great 4 plex! All rehabbed! 4- 1 bedrooms and 1 baths. Easy care yard. Walk to shopping. Nice area of single family homes. All units have granite kitchen counter tops and tile flooring. Great opportunity to own 4 units renting at $2,750 per month. Very good rental income!
Multi-familyProperty Type
1978Year Built
8,712 sq ftLot Size
$454Est. Price/Sq.Ft.
4 spacesParking
Listed by MARK BENAK•DRE #00961136• MARK BENAK REALTOR
Bought with MARK BENAK•DRE #00961136• MARK BENAK REALTOR
Bought with Karl Woehrstein•DRE #00698284• Century 21 Union Realty
SOLD AS IS. .. . Great investment opportunity, close to schools and shopping center, separate meters, parking for 8 cars. 4 units, each unit has 1 bedroom and 1 bath, wall heater and wall a/c unit.
CRMLS #I527512
Feb 9, 2006
Sold
$455,000
$284/sq ft
Sep 22, 2005
Listed
$460,000
$288/sq ft
THIS 4 UNIT 1BED 1BATH EACH ONE NEAR SCHOOL, SHOPPING CENTER, FREE WAY AND HISTORIC AREA OF RIVERSIDE. -///PROPERTY IS SOLD AS IS///THE ROOF IS IN GOOD CONDITION///TENANT'S ARE ON A MONTH TO MONTH LEASE
CRMLS #I422029
Nov 28, 2004
Sold
$395,000
$247/sq ft
Aug 13, 2004
Listed
$395,000
$247/sq ft
CRMLS #K400970
Mar 19, 2004
Sold
$265,000
$166/sq ft
Feb 18, 2004
Listed
$265,000
$166/sq ft
Public Records
Nov 18, 2002
Sold
$170,000
$106/sq ft
CRMLS #I297036
Nov 18, 2002
Sold
$169,900
$106/sq ft
Sep 26, 2002
Listed
$169,900
$106/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$5,108 (+5.0%)
$126,190 + $306,466
$432,656
2024
$4,863 (+1.2%)
$126,190 + $306,466
$432,656
2023
$4,804 (+1.6%)
$123,716 + $300,457
$424,173
2022
$4,730 (+0.5%)
$121,291 + $294,566
$415,857
2021
$4,708 (+1.0%)
$118,913 + $288,791
$407,704
2020
$4,662 (+2.1%)
$116,582 + $283,129
$399,711
2019
$4,567 (+3.3%)
$115,387 + $280,226
$395,613
2018
$4,421 (+1.1%)
$113,125 + $274,732
$387,857
2017
$4,374 (+1.4%)
$108,733 + $264,065
$372,798
2016
$4,313 (+1.4%)
$108,733 + $264,065
$372,798
2015
$4,254 (+152.2%)
$106,601 + $258,888
$365,489
2014
$1,687 (+0.4%)
$69,494 + $69,494
$138,988
2013
$1,681 (+2.1%)
$69,494 + $69,494
$138,988
2012
$1,646 (+1.8%)
$69,181 + $69,181
$138,362
2011
$1,617 (+1.4%)
$67,825 + $67,825
$135,650
2010
$1,595 (−69.8%)
$66,496 + $66,496
$132,992
2009
$5,282 (+2.4%)
$66,000 + $66,000
$132,000
2008
$5,159
$79,590 + $403,259
$482,849
Tax history for 3979 Wallace St
Year
Property tax
Land + Additions
Assessment*
2025
$5,108 (+5.0%)
$126,190 + $306,466
$432,656
2024
$4,863 (+1.2%)
$126,190 + $306,466
$432,656
2023
$4,804 (+1.6%)
$123,716 + $300,457
$424,173
2022
$4,730 (+0.5%)
$121,291 + $294,566
$415,857
2021
$4,708 (+1.0%)
$118,913 + $288,791
$407,704
2020
$4,662 (+2.1%)
$116,582 + $283,129
$399,711
2019
$4,567 (+3.3%)
$115,387 + $280,226
$395,613
2018
$4,421 (+1.1%)
$113,125 + $274,732
$387,857
2017
$4,374 (+1.4%)
$108,733 + $264,065
$372,798
2016
$4,313 (+1.4%)
$108,733 + $264,065
$372,798
2015
$4,254 (+152.2%)
$106,601 + $258,888
$365,489
2014
$1,687 (+0.4%)
$69,494 + $69,494
$138,988
2013
$1,681 (+2.1%)
$69,494 + $69,494
$138,988
2012
$1,646 (+1.8%)
$69,181 + $69,181
$138,362
2011
$1,617 (+1.4%)
$67,825 + $67,825
$135,650
2010
$1,595 (−69.8%)
$66,496 + $66,496
$132,992
2009
$5,282 (+2.4%)
$66,000 + $66,000
$132,000
2008
$5,159
$79,590 + $403,259
$482,849
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
—
Stories
1
Lot width
—
Lot depth
—
Lot size
8,712 Sq. Ft.
Year renovated
1983
Sq. Ft.
—
Year built
1983
Style
Multi-Family (5+ Unit)
County
Riverside County
APN
181101051
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 7, 2026.
Property details
Parking
Parking / Garage Information
# of Parking Spaces: 4
Interior
Cooling Information
Wall Window
Has Cooling
Unit Type 1 Information
Unit Key Numeric: 49890
Listing Key Numeric: 6312644
Actual Rent: $700
Area Units: Square Feet
Total # of Baths: 1
Total # of Beds: 1
Furnished: Unfurnished
Total Rent: $2,100
Total # of Units: 3
Unit Type 2 Information
Unit Key Numeric: 49891
Listing Key Numeric: 6312644
Actual Rent: $650
Area Units: Square Feet
Total # of Baths: 1
Furnished: Unfurnished
Total # of Beds: 1
Total Rent: $650
Total # of Units: 1
Multi-Unit Information
Total Building Area: 1,600
Gross Scheduled Income: $33,000
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 4
# Of Separate Electric Meters: 4
# Of Buildings: 1
Exterior
Exterior Features
Pool Features: None
Lot Information
Lot Size Source: Assessor's Data
Lot Features: Lot-Level/Flat
Property Information
Total # of Units: 4
Common Walls: 1 common wall
Parcel Number: 181101051
Attached Property
Year Built Source: Estimated
Utilities
Utilities Information
Sewer Available
Water Source: District/Public
Location
Neighborhood Information
Community Features: Curbs
Location Information
Latitude: 33.99259600
Longitude: -117.40427400
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: 1.0
Lot Size: 8,712 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1983
Year Renovated: 1983
County: Riverside County
APN: 181101051
Home facts updated by county records on Aug 7, 2026
Other
Listing Information
Days Active in MLS: 170
Continuous Days Active in MLS: 170
Listing Agent Information
List Agent First Name: MARK
List Agent Last Name: BENAK
Listing Office Information
List Office Name: MARK BENAK REALTOR
Selling Agent Information
Buyer Agent First Name: MARK
Buyer Agent Last Name: BENAK
Co-Buyer Agent First Name: Karl
Co-Buyer Agent Last Name: Woehrstein
Selling Office Information
Buyer Office Name: MARK BENAK REALTOR
Co-Buyer Office Name: C-21 Amber Realty
Around this home
Schools
Peralta Elementary School
Public K-6 • Assigned • 2.0mi
6/10
Mission Middle School
Public 7-8 • Assigned • 1.1mi
2/10
Rubidoux High School
Public 9-12 • Assigned • 1.4mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
4/10 Flood Factor
Estimated 11-17% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
8/10 Heat Factor
7 days above 103° expected this year, 20 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
27 unhealthy days expected this year, 32 days in 30 years
Provided by First Street
Historical weather
Riverside, CA • 92509
Average low and high temperatures (°F)
69
52
72
53
76
55
74
55
79
58
86
62
92
66
95
69
89
67
84
60
74
53
71
52
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10 hours in
June and 7 hours in December, placing it above the
U.S. average for solar exposure.