2135 Down, Riverside, California 92507, Riverside, 92507 - bed, bath
2135 Down
Riverside, California 92507
Property Price
SUMMARY
Analysis of 2135 Down, Riverside, California 92507 is currently available with a list price of $629,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Riverside Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property, built in 1959, features recently updated kitchens and bathrooms with modern gray shaker cabinets, white countertops, new sinks, and contemporary tile work in the showers. Interior spaces have fresh white paint and updated flooring (patterned tile and wood-look tile). While the exterior and some systems (like the visible swamp cooler) reflect the property's age, the significant cosmetic updates make the interior move-in ready with no immediate renovation required, aligning with a 'Good' condition rating.
PROSSTRENGTHS & OPPORTUNITIES
- Income Potential & Versatility
This duplex offers excellent income potential for investors, with one unit already tenant-occupied, and flexibility for owner-occupants to live in one unit and rent the other, fostering long-term equity growth.
- Strategic Location
Conveniently located in Riverside, the property benefits from strong rental demand due to its proximity to UC Riverside, public transportation, and various local amenities.
- Separate Utilities
Each unit features separate gas and electric meters, a significant advantage for landlords as it simplifies utility management and reduces owner expenses.
CONSRISKS & DEFICIENCIES
- Age of Property & Potential Updates
Built in 1959, the property's age suggests that systems and aesthetics may be dated, potentially requiring significant capital expenditure for modernization and ongoing maintenance to meet current standards.
- Unspecified Interior Condition
While offering 'value enhancement,' the listing lacks specific details regarding the current interior condition, finishes, or recent renovations, implying that substantial upgrade costs may be necessary.
- Limited Unit Configuration
Both units are configured as 2 bedrooms, 1 bath, which may limit appeal to larger families or those seeking additional bathroom facilities, potentially narrowing the tenant pool.
About 2135 Down
PRICE IMPROVEMENT This is a duplex with 2 addresses 2135 / 2137 Down Street Riverside, California Excellent opportunity for investors and owner occupants looking for income potential and long term offers a great change to investments, this duplex income property offers a great chance to add value and build equity. Perfect for buy and hold, rental portfolio growth, or live in one and rent the other. Convenient location with strong rental demand. Two units consists of 2 bedrooms, 1 bath, approximately 1844 sq ft. Separate gas and electric meters. Units are mirror images with functional layout. 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.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1959
- Lot Size
- 6,970 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 1,844 | 2,214 | 29% |
| Lot Size | 6,970 | 6,970 | 50% |
| Price | $629.0K | $685.0K | 29% |
| Price per sq ft | $341 | $358 | 29% |
| Built year | 1959 | 1964 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 77 | 143 | 14% |
Pricing History
Listed for Sale
Jan 21, 2026
$629,000
$658,990
-5% Price Drop
Initial Listing
Price Change
Dec 20, 2025
$658,990
Initial Listing
Sold
Dec 24, 2015
$244,500
Public Record
Sold
Dec 15, 2009
$110,000
Public Record
Sold
Aug 21, 2000
$118,000
Public Record
Sold
May 12, 2000
$64,000
Public Record