Dreamed of owning income property, with $20,000 of upgrades, just completed? This 4-unit townhouse style property comprises 9 bedroom/6 baths and will EXCEED ALL your EXPECTATIONS! Each townhome has two floors with 1,000 square feet of living space, and each with its own private patio area. Unit A has 3 bedrooms/2 baths with its ensuite! UNIT B - D has 2 bedrooms/1 baths each, all with central air/heat in each unit. The four units share a community laundry room that is coin-operated and serviced by a 3rd party. For added convenience, there are 8-9 assigned parking spaces at the front of the units. The property is at the end of the cul-de-sac located behind the renovated Stater Brothers shopping center with a Canes nearby.There have been yearly rental increases, and after all expenses, there is a PROFIT! Why wait?
Under contract
Listing Provided by:
Nancy McSween DRE #01775649 626-695-4665,
COMPASS
Price cut: $25K (11/7)
$1,300,000
9039 Colony Pl, Riverside, CA 92503
18beds
10baths
4,080sqft
Est.:
Quadruplex
Built in 1978
-- sqft lot
$1,258,700 Zestimate®
$319/sqft
$-- HOA
What's special
Private patio areaAssigned parking spaces
- 133 days |
- 59 |
- 2 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: November 14, 2025 at 11:49am
Listing Provided by:
Nancy McSween DRE #01775649 626-695-4665,
COMPASS
Source: CRMLS,MLS#: P1-23546
Originating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)
Originating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 18
- Bathrooms: 10
Rooms
- Room types: Bedroom, Living Room
Bedroom
- Features: All Bedrooms Up
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Gas Oven, Gas Range, Gas Water Heater, Refrigerator
- Laundry: Common Area, Laundry Room
Features
- All Bedrooms Up
- Flooring: Carpet, Laminate, Tile
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall,No One Above,No One Below
Interior area
- Total structure area: 4,080
- Total interior livable area: 4,080 sqft
Property
Parking
- Total spaces: 8
- Parking features: Assigned
Features
- Levels: Two
- Stories: 2
- Patio & porch: Balcony
- Exterior features: Balcony
- Pool features: None
- Spa features: None
- Fencing: Wood
- Has view: Yes
- View description: None
Lot
- Size: 8,712 Square Feet
- Features: Front Yard
Details
- Parcel number: 191071009
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Foundation: Slab
Condition
- Year built: 1978
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Street Lights, Sidewalks
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Not Applicable
Location
- Region: Riverside
Financial & listing details
- Price per square foot: $319/sqft
- Tax assessed value: $1,273,449
- Annual tax amount: $14,296
- Date on market: 8/4/2025
- Cumulative days on market: 133 days
- Listing terms: Cash,Conventional,1031 Exchange,Submit
- Inclusions: Landlord appliancesUnit A - Stove - NEWUnit B - appliancesUnit C - appliances
- Exclusions: Tenant appliances-Unit C - refrigerator-Unit D - refrigerator
- Total actual rent: 7075
- Tenant pays: Cable TV, Electricity, Gas
Estimated market value
$1,258,700
$1.20M - $1.32M
$2,064/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/14/2025 | Contingent | $1,300,000$319/sqft |
Source:  CRMLS #P1-23546 Report a problem | ||
| 11/7/2025 | Price change | $1,300,000-1.9%$319/sqft |
Source: CRMLS #P1-23546 Report a problem | ||
| 9/19/2025 | Price change | $1,325,000-1.9%$325/sqft |
Source: CRMLS #P1-23546 Report a problem | ||
| 8/4/2025 | Listed for sale | $1,350,000+12.5%$331/sqft |
Source: CRMLS #P1-23546 Report a problem | ||
| 4/18/2022 | Sold | $1,200,000+23.1%$294/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,296 +3.4% | $1,273,449 +2% |
| 2024 | $13,827 +0.4% | $1,248,480 +2% |
| 2023 | $13,766 +160.7% | $1,224,000 +166.1% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$8,113/mo
Principal & interest
$6369
Property taxes
$1289
Home insurance
$455
Climate risks
Neighborhood: Ramona
Nearby schools
GreatSchools rating
- 3/10Jackson Elementary SchoolGrades: K-6Distance: 0.5 mi
- 5/10Chemawa Middle SchoolGrades: 7-8Distance: 1.6 mi
- 5/10Ramona High SchoolGrades: 9-12Distance: 2.3 mi
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