2135 Down, Riverside, California 92507, Riverside, 92507 - bed, bath
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Producing Duplex: The property is an income-producing duplex with one unit currently tenant-occupied, providing immediate rental income for investors.
Top Cons:
Age of Property: Built in 1959, the property is over 60 years old, suggesting potential for outdated systems (plumbing, electrical, HVAC) and deferred maintenance.
Compared to the nearby listings
Price:$659.0K vs avg $685.0K ($-26,010)20%
Size:1,844 sqft vs avg 2,214 sqft20%
Price/sqft:$357 vs avg $35750%
More Insights
Built in 1959 (67 years old).
Condition: Built in 1959, this property is over 60 years old with no visible signs of recent major renovations. The images reveal dated patterned tile flooring in the living areas and a very basic, older bathroom with simple fixtures and white tile. The MLS description explicitly mentions 'opportunity for value enhancement' and 'required capital investment,' indicating that substantial repairs and rehabilitation are needed to modernize the property and address likely outdated major systems (plumbing, electrical, HVAC) typical for a home of this age. While functional and tenant-occupied, it requires significant work beyond minor updates.
Year Built
1959
Close
-
List price
$659K
Original List price
$659K
Price/Sqft
$357
HOA
-
Days on market
-
Sold On
-
MLS number
IG25279052
Home ConditionPoor
Features
View-
About this home
Income-producing duplex with separate gas and electric meters. Units are mirror images with functional layouts. Property offers an opportunity for value enhancement. Front unit is currently tenant occupied with rental income in place. R2 zoning and public utilities. Convenient Riverside location near UC Riverside, transportation, and local amenities. Suitable for investors or owner-occupants seeking upside potential.
K
Kerry Thomson
Listing Agent
Price History
Date
Event
Price
08/21/00
Sold
$118,000
05/12/00
Sold
$64,000
12/24/15
Sold
$244,500
12/15/09
Sold
$110,000
Condition Rating
Poor
Built in 1959, this property is over 60 years old with no visible signs of recent major renovations. The images reveal dated patterned tile flooring in the living areas and a very basic, older bathroom with simple fixtures and white tile. The MLS description explicitly mentions 'opportunity for value enhancement' and 'required capital investment,' indicating that substantial repairs and rehabilitation are needed to modernize the property and address likely outdated major systems (plumbing, electrical, HVAC) typical for a home of this age. While functional and tenant-occupied, it requires significant work beyond minor updates.
Pros & Cons