11517 Anacapa Place, Riverside, California 92505, Riverside, 92505 - bed, bath
ACTIVE$599,999
11517 Anacapa Place, Riverside, California 92505
0Bed
0Bath
1,800Sqft
5,227Lot
Year Built
1928
Close
-
List price
$600K
Original List price
$650K
Price/Sqft
$333
HOA
-
Days on market
-
Sold On
-
MLS number
IG25216782
Home ConditionPoor
Features
Patio
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $600.0K(25th), sqft - 1800(50th), beds - undefined(50th), baths - undefined(50th).
Discover this duplex offering two spacious units. Both units feature functional kitchens, good size bedrooms and full bathrooms. Perfect for an owner-occupant or investor, this duplex offers the option to live in one unit while generating rental income from the other, or to lease both units for strong returns. Located n a desirable neighborhood near schools, shopping and major commuter routes.
Nearby schools
3/10
Valley View Elementary School
Public,•K-5•0.6mi
3/10
Phillip M. Stokoe Elementary School
Public,•PK-5•0.7mi
5/10
S. Christa Mcauliffe Elementary School
Public,•K-5•1.1mi
4/10
Twinhill Elementary School
Public,•K-5•1.1mi
4/10
Collett Elementary School
Public,•PK-5•1.1mi
4/10
Myra Linn Elementary School
Public,•K-5•1.5mi
2/10
La Granada Elementary School
Public,•PK-5•1.6mi
7/10
Promenade Elementary School
Public,•PK-5•1.8mi
4/10
Liberty Elementary School
Public,•PK-6•2.8mi
4/10
Loma Vista Middle School
Public,•6-8•2.0mi
3/10
Wells Middle School
Public,•6-8•2.0mi
5/10
Ysmael Villegas Middle School
Public,•6-8•2.2mi
6/10
Arizona Middle School
Public,•6-8•2.6mi
3/10
Chemawa Middle School
Public,•7-8•3.7mi
4/10
La Sierra High School
Public,•9-12•1.0mi
6/10
Hillcrest High School
Public,•9-12•1.9mi
4/10
Norte Vista High School
Public,•9-12•2.8mi
5/10
Arlington High School
Public,•9-12•4.0mi
Price History
Date
Event
Price
11/17/25
Price Change
$599,999-7.7%
09/13/25
Listing
$650,000
Condition Rating
Poor
Built in 1928, this property is nearly a century old. While the listing states 'functional kitchens' and 'full bathrooms,' there is no mention of any significant renovations or updates. The exterior image shows a dated structure with older windows and an antenna, consistent with its age. Without any evidence of recent major renovations, it's highly probable that the electrical, plumbing, and HVAC systems are original or very old, requiring substantial repairs and rehabilitation to meet current safety, efficiency, and aesthetic standards. The property is likely uncomfortable by modern living standards and requires significant investment to update.
Pros & Cons
Pros
Income-Generating Potential: As a duplex, the property offers versatile income opportunities, allowing for either full rental or owner-occupancy with supplemental rental income from the second unit.
Strategic Location: Located in a desirable neighborhood with convenient access to schools, shopping, and major commuter routes, enhancing its appeal to both tenants and owner-occupants.
Recent Price Reduction: The list price has been reduced from $650,000 to $599,999, indicating a motivated seller and potentially a more attractive entry point for buyers.
Functional Units: Both units are described as having 'functional kitchens, good size bedrooms and full bathrooms,' suggesting they are ready for occupancy or rental with minimal immediate work.
Investor/Owner-Occupant Flexibility: The duplex structure provides excellent flexibility, catering to investors seeking strong rental returns or owner-occupants looking to offset mortgage costs.
Cons
Advanced Age of Property: Built in 1928, the property is nearly a century old, which typically implies a higher likelihood of needing significant updates to plumbing, electrical, HVAC, and potential structural repairs.
Lack of Modernization Details: While units are 'functional,' the description lacks any mention of recent renovations or modern upgrades, suggesting potential for outdated aesthetics and systems that may require substantial investment.
Potential for Deferred Maintenance: Given its age, there is an inherent risk of deferred maintenance issues that could lead to unexpected repair costs and capital expenditures for a new owner.