This turn-key triplex offers an excellent investment opportunity with three 2-bedroom units. The front unit features a 2-bedroom, 1-bath layout with its own meters, while the rear units each offer 2 bedrooms and 1.5 baths, sharing a water meter but with all other utilities separately metered. Each unit has been updated with a modern kitchen equipped with new appliances and includes convenient washer and dryer hookups. Additionally, each unit comes with two assigned parking spaces. This property presents a fantastic chance for investors seeking income-generating properties.
Multi-familyProperty Type
1964Year Built
6,100 sq ftLot Size
$458Est. Price/Sq.Ft.
6 spacesParking
Listed by Juan Del Real•DRE #01453441• Remax Property Experts
Contact: 831-809-2424
Bought with Cesar Iracheta•DRE #01180121• LPT Realty
bridgeMLS, Bay East AOR, or Contra Costa AOR #ML81999588
Aug 11, 2025
Sold
$1,125,000
$400/sq ft
Aug 11, 2025
Sold
$1,125,000
$400/sq ft
Jun 16, 2025
Pending
—
Jun 16, 2025
Contingent
—
Mar 26, 2025
Listed
$1,169,900
$416/sq ft
Mar 26, 2025
Listed
$1,169,900
$416/sq ft
+25
This turn-key triplex offers an excellent investment opportunity with three 2-bedroom units. The front unit features a 2-bedroom, 1-bath layout with its own meters, while the rear units each offer 2 bedrooms and 1.5 baths, sharing a water meter but with all other utilities separately metered. Each unit has been updated with a modern kitchen equipped with new appliances and includes convenient washer and dryer hookups. Additionally, each unit comes with two assigned parking spaces. This property presents a fantastic chance for investors seeking income-generating properties.
bridgeMLS, Bay East AOR, or Contra Costa AOR #ML81985291
Oct 12, 2024
Sold
$895,000
$318/sq ft
Oct 12, 2024
Sold
$895,000
$318/sq ft
Oct 12, 2024
Listed
$895,000
$318/sq ft
Oct 12, 2024
Listed
$895,000
$318/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$11,395 (+7.9%)
$450,000 + $675,000
$1,125,000
2024
$10,559 (+1,149.2%)
$400,000 + $495,000
$895,000
2023
$845 (+10.5%)
$300,000 + $490,000
$790,000
2022
$765 (+0.1%)
$11,948 + $45,131
$57,079
2021
$764 (+1.1%)
$11,714 + $44,247
$55,961
2020
$756 (−2.3%)
$11,485 + $43,380
$54,865
2019
$774 (+6.0%)
$11,368 + $42,936
$54,304
2018
$730 (−3.4%)
$11,146 + $42,095
$53,241
2017
$755 (+5.2%)
$10,714 + $40,461
$51,175
2016
$718 (+0.8%)
$10,714 + $40,461
$51,175
2015
$712 (+3.2%)
$10,504 + $39,668
$50,172
2014
$690 (−0.4%)
$10,145 + $38,308
$48,453
2013
$693 (+1.7%)
$10,145 + $38,308
$48,453
2012
$682 (+4.0%)
$10,100 + $38,135
$48,235
2011
$655 (+0.2%)
$9,902 + $37,388
$47,290
2010
$654 (−1.9%)
$9,708 + $36,655
$46,363
2009
$667 (+12.5%)
$9,636 + $36,382
$46,018
2008
$593
$9,659 + $36,469
$46,128
Tax history for 903 Rider Ave
Year
Property tax
Land + Additions
Assessment*
2025
$11,395 (+7.9%)
$450,000 + $675,000
$1,125,000
2024
$10,559 (+1,149.2%)
$400,000 + $495,000
$895,000
2023
$845 (+10.5%)
$300,000 + $490,000
$790,000
2022
$765 (+0.1%)
$11,948 + $45,131
$57,079
2021
$764 (+1.1%)
$11,714 + $44,247
$55,961
2020
$756 (−2.3%)
$11,485 + $43,380
$54,865
2019
$774 (+6.0%)
$11,368 + $42,936
$54,304
2018
$730 (−3.4%)
$11,146 + $42,095
$53,241
2017
$755 (+5.2%)
$10,714 + $40,461
$51,175
2016
$718 (+0.8%)
$10,714 + $40,461
$51,175
2015
$712 (+3.2%)
$10,504 + $39,668
$50,172
2014
$690 (−0.4%)
$10,145 + $38,308
$48,453
2013
$693 (+1.7%)
$10,145 + $38,308
$48,453
2012
$682 (+4.0%)
$10,100 + $38,135
$48,235
2011
$655 (+0.2%)
$9,902 + $37,388
$47,290
2010
$654 (−1.9%)
$9,708 + $36,655
$46,363
2009
$667 (+12.5%)
$9,636 + $36,382
$46,018
2008
$593
$9,659 + $36,469
$46,128
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
6,100 Sq. Ft.
Year renovated
1964
Sq. Ft.
759
Year built
1964
Style
Other
County
Monterey County
APN
004332009000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 14, 2026.
R-M-2.9
Residential Medium Density Districts
The purpose of the residential medium density (RM) districts regulations is to: Provide appropriately located areas for single-family and medium density multifamily dwellings consistent with the general plan and with standards of public health and safety established by the Municipal Code; Provide adequate light, air, privacy, and open space for each dwelling unit and protect residents from the harmful effects of excessive noise, inappropriate population density, traffic congestion, and other adverse environmental impacts; Promote development of affordable housing, housing for qualifying residents, and day care facilities by providing a density bonus for projects that meet state and/or city density bonus requirements; Achieve design compatibility through the use of site development regulations and design standards; Protect adjoining lower density residential districts from excessive noise or loss of sun, light, quiet, and privacy resulting from proximity to higher density and multifamily dwellings; Provide sites for public and semipublic land uses needed to complement residential development or requiring a residential environment; Ensure the provision of public services and facilities needed to accommodate planned population densities; Encourage attractive and interesting residential streetscapes, dwelling units, and developments that are pedestrian-oriented and reflect traditional neighborhood design principles; and Promote safe residential neighborhoods through the use of crime prevention through environmental design (CPTED) features in dwelling and site design; To provide for medium density dwellings where the minimum density is more than 8 du per net acre and the maximum density is not more than 15 du per net acre without density bonus.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Other
Jun 2, 2016 • Final
Plumbing
Replace a gas line due to a leak.
Gas
May 26, 2016 • Final
Reroof
Remove and replace composition shingles and install two layers of felt paper.
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Parking Description: Assigned Spaces
Parking Spaces: 6
Interior
Virtual Tour
Room Information
Kitchen Description: Hood Over Range, Oven Range (Gas)