2431 12th Street, Riverside, California 92507, Riverside, - bed, bath
ACTIVE$880,000
2431 12th Street, Riverside, California 92507
0Bed
0Bath
2,214Sqft
10,454Lot
Year Built
1977
Close
-
List price
$880K
Original List price
$880K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
OC24159430
Home ConditionGood
Features
View-
About this home
Amazing Duplex opportunity to own a in a growing Riverside neighborhood! This Duplex presents an ideal chance for both homeowners and savvy investors to own this remodeled duplex. This property boasts two units, each unit featuring, 3 bedrooms, 2 bath with a spacious living room, remodeled kitchen and each unit is able to have a one car garage that includes inside laundry facilities. Complemented by a fenced yard and plenty of driveway parking. All conveniently located minutes away from the 91 freeway, Cal Baptist University, UCR, shopping, Riverside Community Hospital and the Mission Inn Hotel & Spa just to name a few.
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (5 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 2,214 | 1,744 | 50% |
| Lot Size | 10,454 | 8,276 | 50% |
| Price | $880K | $678K | 67% |
| Price per square foot | $397 | $415.5 | 50% |
| Built year | 1977 | 9715989 | 83% |
| HOA | |||
| Days on market | 460 | 224 | 83% |
Condition Rating
Good
The duplex was built in 1977 but has been remodeled. The kitchens and bathrooms appear to be updated with modern fixtures and finishes. The flooring throughout the units also appears to be new. While not brand new, the property seems to be in good, move-in ready condition.
Pros & Cons
Pros
Income Potential: Duplex property provides immediate income potential for investors or homeowners looking to offset mortgage costs.
Remodeled Units: Both units have been remodeled, featuring updated kitchens and bathrooms, reducing immediate renovation costs.
Desirable Location: Conveniently located near the 91 freeway, Cal Baptist University, UCR, shopping, Riverside Community Hospital, and the Mission Inn Hotel & Spa.
Individual Garages with Laundry: Each unit includes a one-car garage with inside laundry facilities, adding convenience and value for tenants or owners.
Fenced Yard and Parking: The property features a fenced yard and ample driveway parking, enhancing privacy and convenience for residents.
Cons
Year Built: Built in 1977, the property may require ongoing maintenance and potential upgrades compared to newer constructions.
Potential Competition: The Riverside area has other investment properties; marketing will need to highlight the remodeled units and prime location.
No Central Air Conditioning: Lack of central air conditioning may be a drawback for some tenants or buyers, especially during hot summer months in Riverside.