2121 Down St Riverside, CA 92507
Estimated payment $3,823/month
Highlights
- No HOA
- Cooling System Mounted To A Wall/Window
- Ceiling Fan
- 2 Car Direct Access Garage
- Laundry Room
- Carpet
About This Home
PRICE IMPROVEMENT!
THIS IS A DUPLEX - two addresses - 2121 / 2123 Down St Riverside Ca Excellent opportunity for investors and owner occupants looking for income potential and long-term upside.
This partially renovated 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. The property features two separate units, making it ideal for multi-generational living, owner-occupants, or investors seeking strong rental demand. Each unit offers private entry, providing flexibility for privacy or rental use. Enjoy a low-maintenance yard perfect for relaxing or entertaining, along with ample parking for both units. The layout supports multiple living arrangements, including extended family living or living in one unit while renting the other. With two reliable income streams and strong market demand for multi-unit properties, this is an excellent opportunity to own a duplex in Riverside. Properties like this are rare—schedule your private showing today and explore the possibilities.
Listing Agent
HRE Commercial, Inc. Brokerage Phone: 909-377-2599 License #01387078 Listed on: 10/09/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964 | Remodeled
Lot Details
- 6,048 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 2 Car Direct Access Garage
- Parking Available
- Front Facing Garage
- Driveway Level
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 1,641 Sq Ft Home
- 1-Story Property
- Ceiling Fan
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Stacked Washer and Dryer
Location
- Suburban Location
Utilities
- Cooling System Mounted To A Wall/Window
- Heating Available
Listing and Financial Details
- Tax Lot 15
- Assessor Parcel Number 210091028
- $88 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Insurance Expense $2,280
- Operating Expense $2,280
- Gross Income $57,600
Map
Tax History
| 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 |
|---|---|---|---|---|
| 2025 | $6,315 | $580,000 | $174,306 | $405,694 |
| 2023 | $6,315 | $252,795 | $54,650 | $198,145 |
| 2022 | $2,845 | $247,839 | $53,579 | $194,260 |
| 2021 | $3,801 | $333,418 | $101,036 | $232,382 |
| 2020 | $2,772 | $240,490 | $51,991 | $188,499 |
| 2019 | $2,720 | $235,775 | $50,972 | $184,803 |
| 2018 | $2,668 | $231,153 | $49,974 | $181,179 |
| 2017 | $2,621 | $226,622 | $48,995 | $177,627 |
| 2016 | $2,455 | $222,180 | $48,035 | $174,145 |
| 2015 | $2,420 | $218,844 | $47,314 | $171,530 |
| 2014 | $2,397 | $214,559 | $46,388 | $168,171 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/26/2026 01/26/26 | Price Changed | $635,000 | -1.7% | $387 / Sq Ft | |
| 01/23/2026 01/23/26 | Price Changed | $645,990 | 0.0% | $394 / Sq Ft | |
| 01/23/2026 01/23/26 | For Sale | $645,990 | -0.6% | $394 / Sq Ft | |
| 10/27/2025 10/27/25 | Pending | -- | -- | -- | |
| 10/09/2025 10/09/25 | For Sale | $649,999 | +14.2% | $396 / Sq Ft | |
| 07/13/2023 07/13/23 | Sold | $569,000 | 0.0% | $347 / Sq Ft | View Prior Sale |
| 05/23/2023 05/23/23 | Pending | -- | -- | -- | |
| 05/09/2023 05/09/23 | Price Changed | $569,000 | -5.0% | $347 / Sq Ft | |
| 04/03/2023 04/03/23 | Price Changed | $599,000 | -3.2% | $365 / Sq Ft | |
| 03/15/2023 03/15/23 | Price Changed | $619,000 | -8.6% | $377 / Sq Ft | |
| 02/07/2023 02/07/23 | Price Changed | $677,000 | -9.6% | $413 / Sq Ft | |
| 11/23/2022 11/23/22 | For Sale | $749,000 | -- | $456 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Socal Title Company | |
| Grant Deed | $1,138,000 | None Listed On Document | |
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Interfamily Deed Transfer | -- | Lawyers Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Commerce Title Company | |
| Grant Deed | $185,000 | First American Title Co | |
| Grant Deed | $81,500 | First American Title Ins Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $558,693 | New Conventional | |
| Previous Owner | $231,000 | New Conventional | |
| Previous Owner | $189,000 | Commercial | |
| Previous Owner | $148,000 | Commercial | |
| Previous Owner | $65,200 | Commercial | |
| Closed | $27,700 | No Value Available | |
| Closed | $27,000 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IG25236477
APN: 210-091-028
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