Units: 3
5010 BOXWOOD PLACE
| Price/Unit: | $155,000 |
| GSI: | $32,400 |
Year Built: 1985
Property Description: PRICE REDUCED FOR A QUICK SALE. NEWER WELL MAINTAINED 3 UNIT IN GREAT INCOME LOCATION. ACROSS FROM RIVERSIDE COMMUNITY COLLEGE. ALL UNITS ARE 2 LEVEL, CONDO STYLE. EACH UNIT W/ 2BR/1.5 BA, CENTRAL AIR AND HEAT. LAUNDRY ROOM ON PREMISE FOR EXTRA INCOME. 5040 & 5130 BOXWOOD & 4971 BROOKS ST. (ALL CLOSE BY) ARE ALSO FOR SALE AND CAN BE PURCHASED TOGETHER. GREAT BUY, HURRY!
Financial Analysis
| Gross Sched Income: | $32,400 | Operating Exp: | $6,804 | Net Operating Income: | $25,596 |
| Total Annual Op Exp: | $6,804 | Monthly GSI: | $2,700 | ||
| Sep Water Mtrs: | 1 | Sep Gas Meter: | 4 | Sep Electric Mtrs: | 4 |
Out of this context came the Cornelius Earle Rumsey Indian Collection which later became the Riverside Municipal Museum now known as the Riverside Metropolitan Museum (RMM). The Museum opened in the basement of City Hall on December 12, 1924, when the widow of National Biscuit Company (NABISCO) magnate Cornelius Earle Rumsey donated his collection of Native American artifacts to the City of Riverside. An ordinance, amending the City Charter and establishing a Municipal Museum, was adopted by the City Council on August 27, 1925. The current mission statement found in the city ordinance states that, "All collections and exhibits of the Museum shall generally reflect but shall not necessarily be limited to the specific interpretations of the history, natural history and anthropology of the City and County of Riverside and the immediate environs of southern California." From 1924 on, the collections have grown, typically through donations by prominent citizens and organizations, contributing to RMM holdings in the disciplines of local history, natural history, and anthropology. From 1925-48, the RMM was located in the basement of the old City Hall building on Riverside’s Seventh Street (now Mission Inn Avenue).