Rodrigo Suerte Felipe
eXp Realty of California Inc
(661) 592-1144
76 Total Sales
1 in Highgrove
$725,000 Price
1195 W Spring St Riverside, CA 92507
Highgrove Neighborhood
7
Beds
5
Baths
3,264
Sq Ft
9,148
Sq Ft Lot
Highlights
- Laundry Facilities
- Level Lot
- 1-Story Property
About This Home
As of August 2026Pleased to exclusively present the opportunity to acquire a five-unit multifamily property built in 1962 with 3,264 rentable square feet
on a 0.21 acre lot in the City of Riverside. The property features a highly functional unit mix of one and two bedroom floor plans, with single-story
construction.
The property has an on-site laundry room, wall-mounted air conditioner & heater units, & each unit is separately metered for gas and electricity. The
property is on septic. Parking consists of 5 carport parking spaces and 4 open space parking.
Riverside presents a compelling investment environment driven by a diverse employment base, continued population growth, and relative affordability
compared to coastal markets. Major employment anchors include the County of Riverside, March Air Reserve Base, and the University of California,
Riverside, which together support stable housing demand from government, military, academic, and healthcare professionals. Residents enjoy a strong quality of life with access to Downtown Riverside amenities such as the historic Mission Inn, the Fox Performing Arts Center, and outdoor recreation at California Citrus State Historic Park. Ongoing downtown reinvestment, including the Riverside Alive initiative featuring new residential, office, retail, hotel uses, and convention center expansion, further reinforces long-term economic growth and rental demand.
With solid fundamentals, efficient unit layouts, limited utility exposure, and a growing Inland Empire market, 1195 Spring Street offers investors an
attractive opportunity to acquire a stable, well-located multifamily asset positioned for durable income and long-term appreciation.
Last Agent to Sell the Property
MARCUS & MILLICHAP Brokerage Phone: 626-695-6776 Listed on: 01/27/2026
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1962
Lot Details
- 9,148 Sq Ft Lot
- Two or More Common Walls
- Level Lot
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 3,264 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 7 Bedrooms
- 5 Bathrooms
Parking
- 4 Open Parking Spaces
- 9 Parking Spaces
- 5 Carport Spaces
- Parking Available
Utilities
- Septic Type Unknown
Listing and Financial Details
- Tenant pays for gas, electricity
- Tax Lot 7
- Tax Tract Number 88044
- Assessor Parcel Number 247105005
- $163 per year additional tax assessments
Community Details
Building Details
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $5,000
- Maintenance Expense $5,000
- Other Expense $800
- Trash Expense $6,360
- Water Sewer Expense $4,000
- New Taxes Expense $9,983
- Operating Expense $33,843
- Gross Income $97,032
- Net Operating Income $60,654
Additional Features
- 5 Units
- Laundry Facilities
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 7, 2017
Closed on
Oct 23, 2017
Sold by
Ta & To Holding Lp
Bought by
Seller's Agent
MINH NGUYEN
AP Realty
Buyer's Agent
David Covarrubias
MARCUS & MILLICHAP
List Price
$497,800
Sold Price
$497,800
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,350
Outstanding Balance
$26,397
Interest Rate
3.78%
Mortgage Type
Commercial
Purchase Details
Closed on
May 4, 2015
Sold by
Inguanzo Celia
Bought by
Ta & To Holding Lp
Purchase Details
Closed on
Feb 9, 2012
Sold by
Inguanzo Benjamin
Bought by
Inguanzo Celia
Purchase Details
Closed on
Dec 1, 2005
Sold by
Hyde Lance
Bought by
Inquanzo Benjamin
Purchase Details
Closed on
Oct 18, 2005
Sold by
Hyde Carol Lisa
Bought by
Hyde Lance E
Purchase Details
Closed on
Jul 12, 2002
Sold by
Iglesias Alvaro and Iglesias Noemia
Bought by
Hyde Lance E
Purchase Details
Closed on
Jun 16, 1999
Sold by
Unlimited Holdings California Llc
Bought by
Iglesias Alvaro and Iglesias Noemia
Purchase Details
Closed on
Dec 8, 1997
Sold by
Unlimited Holdings Inc
Bought by
Unlimited Holdings California Llc
Purchase Details
Closed on
Dec 16, 1996
Sold by
American Svgs Bank Fa
Bought by
Unlimited Holdings Inc
Purchase Details
Closed on
Nov 22, 1996
Sold by
Sand Donald
Bought by
American Svgs Bank Fa
Purchase Details
Closed on
Dec 16, 1993
Sold by
Spring Street Properties Ltd
Bought by
Sand Donald
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Highgrove, CA
-
Rodrigo Suerte Felipe
-
Daniel DeForest
Daniel DeForest
First Team Real Estate
(657) 300-5786
158 Total Sales
2 in Highgrove
$480,000 Price Range
-
Justin Woo
Justin Woo
NextHome Pacific Estates
(213) 444-2937
15 Total Sales
1 in Highgrove
$850,000 Price
-
Ernie Lim
Ernie Lim
Joshua 2415 Realty
(657) 220-6976
30 Total Sales
1 in Highgrove
$725,000 Price
-
Kama Burton
Kama Burton
CMB REALTY SERVICES
(951) 400-4391
29 Total Sales
1 in Highgrove
$800,000 Price
-
Craig Lotzof
Craig Lotzof
Responds QuicklyThe Agency
(858) 943-0497
115 Total Sales
1 in Highgrove
$615,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $483,000 | Fidelity National Title Comp | |
| Grant Deed | $415,000 | Ticor Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $495,000 | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | Old Republic Title Company | |
| Grant Deed | $290,000 | First American Title Co | |
| Grant Deed | $107,000 | First American Title Co | |
| Grant Deed | -- | -- | |
| Corporate Deed | $100,500 | Investors Title Company | |
| Trustee Deed | $63,750 | Orange Coast Title | |
| Grant Deed | -- | Continental Lawyers Title Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $32,350 | Commercial | |
| Previous Owner | $150,000 | Commercial |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/27/2026 08/27/26 | Sold | $855,000 | -3.4% | $262 / Sq Ft | |
| 05/27/2026 05/27/26 | Price Changed | $885,000 | -3.8% | $271 / Sq Ft | |
| 04/20/2026 04/20/26 | Price Changed | $920,000 | -4.7% | $282 / Sq Ft | |
| 01/27/2026 01/27/26 | For Sale | $965,000 | +93.9% | $296 / Sq Ft | |
| 10/31/2017 10/31/17 | Sold | $497,800 | 0.0% | $146 / Sq Ft | View Prior Sale |
| 09/12/2017 09/12/17 | Pending | -- | -- | -- | |
| 02/07/2017 02/07/17 | For Sale | $497,800 | +20.0% | $146 / Sq Ft | |
| 04/15/2016 04/15/16 | Sold | $415,000 | -11.7% | $122 / Sq Ft | View Prior Sale |
| 04/01/2016 04/01/16 | Pending | -- | -- | -- | |
| 03/31/2015 03/31/15 | For Sale | $470,000 | -- | $138 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $6,261 | $560,526 | $191,494 | $369,032 |
| 2025 | $6,059 | $549,537 | $187,740 | $361,797 |
| 2023 | $6,059 | $528,199 | $180,450 | $347,749 |
| 2022 | $5,897 | $517,843 | $176,912 | $340,931 |
| 2021 | $5,788 | $507,691 | $173,444 | $334,247 |
| 2020 | $5,744 | $502,486 | $171,666 | $330,820 |
| 2019 | $5,637 | $492,634 | $168,300 | $324,334 |
| 2018 | $5,526 | $482,975 | $165,000 | $317,975 |
| 2017 | $4,870 | $423,300 | $153,000 | $270,300 |
| 2016 | $4,309 | $391,388 | $152,891 | $238,497 |
| 2015 | $4,116 | $372,750 | $145,610 | $227,140 |
| 2014 | $3,966 | $355,000 | $138,676 | $216,324 |
Source: Public Records
Agents Affiliated with this Home
-
Douglas McCauley
Seller's Agent in 2026
Douglas McCauley
MARCUS & MILLICHAP
(909) 456-3493
1 in this area
56 Total Sales
-
David Covarrubias
Seller Co-Listing Agent in 2026
David Covarrubias
MARCUS & MILLICHAP
(909) 456-3400
1 in this area
59 Total Sales
-
Cecilia Hernandez
Buyer's Agent in 2026
Cecilia Hernandez
Cecilia Hernandez, Broker
(323) 420-9806
1 in this area
33 Total Sales
-
MINH NGUYEN
MN
Seller's Agent in 2017
MINH NGUYEN
AP Realty
(714) 979-1500
20 Total Sales
-
Tony Regina
TR
Seller's Agent in 2016
Tony Regina
Empire Real Estate
(714) 401-4130
13 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV26019641
APN: 247-105-005
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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