ActiveResidential · sale

222 Green Oaks

Riverside, CA 92507

$645,000

  • 4 beds
  • 2 baths
  • 1,512 sq ft
  • 0.18 acres
  • Built 1960

Listed by RE/MAX HORIZON · MLS #IV26140545

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1960.

Garage parking

2 garage spaces listed.

Property size

0.18 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Location Location Location Dont miss this incredible opportunity to own a home in one of the most desirable neighborhoods near the University of California Riverside Just a short walk to campus this property is ideal for owneroccupants investors or anyone seeking a prime location in one of Riversides strongest rental marketsThis wellmaintained 4bedroom 2bathroom home offers a comfortable and functional floor plan designed for everyday living The bright kitchen is enhanced by two skylights that fill the space with abundant natural light creating a warm and inviting atmosphere All kitchen appliances are included along with two refrigerators offering exceptional convenience for large households entertaining or rental flexibility The home also features energyefficient dualpane windows and doors helping improve comfort yearround Additional improvements include a roof installed in 2013 and a wholehouse fan providing enhanced ventilation and energy efficiency Step outside to enjoy the spacious backyard where a mature orange tree provides fresh fruit and adds to the homes outdoor charm Mature Crape Myrtle trees enhance the propertys curb appeal with vibrant seasonal color and welcoming landscaping The location is truly exceptional Commuters enjoy quick access to Interstate 60 and State Route 91 making travel throughout the Inland Empire and surrounding areas convenient Outdoor enthusiasts will love being within walking distance of the iconic Box Springs Mountain C Trail and the scenic UC Riverside Botanic Gardens Youll also enjoy close proximity to shopping restaurants and the vibrant arts dining and entertainment scene of Downtown Riverside while still appreciating the peace and privacy of this established UCR neighborhood with beautiful mountain views Families will appreciate access to highly regarded schools including Riverside STEM Academy University Heights Middle School Harada Elementry and North High School Whether youre searching for your primary residence a home for a UCR student or an outstanding investment property in a highdemand rental market this home offers the perfect combination of location comfort convenience and longterm value Click on the 360 prompt to take a virtual tour

THE NEIGHBORHOOD

Explore the location.

222 Green Oaks, Riverside, CA 92507

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1960
Full baths
2
Garage spaces
2
Cooling
CentralAir
Heating
Central
Appliances
Dishwasher,Refrigerator,Dryer,Washer
Pool
No
Pool features
None
Parcel
258093020
Elementary school
Harada
Middle school
University
High school
North
HOA fee
$0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$2,687.50
Cap rate

Annual operating income:

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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222 Green Oaks, Riverside, CA 92507 · MLS #IV26140545

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Listing information

MLS #IV26140545 · California Regional MLS

Listing brokerage: RE/MAX HORIZON
Listing agent: YOLANDA SCURLOCK

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.