2121 Down St Riverside, CA 92507
Estimated payment $3,975/month
Highlights
- Very Popular Property
- 2 Car Direct Access Garage
- Laundry Room
- No HOA
- Cooling System Mounted To A Wall/Window
- Ceiling Fan
About This Home
Welcome to a rare find that blends modern comfort with amazing investment potential. This beautifully renovated home offers not just one, but two separate living units, making it perfect for multi-generational living, smart investing, or creating extra income.
Highlights You’ll Love:
• Fully remodeled from top to bottom fresh paint, new flooring, updated kitchens and bathrooms, modern fixtures, and stylish finishes throughout.
• Two spacious units ideal for extended family, guests, or income through long- or short-term rentals.
• Open-concept main unit with a light-filled living space, updated kitchen featuring stainless steel appliances, and warm, welcoming design.
• Second unit with a private entrance, giving you ultimate flexibility for privacy or rental opportunities.
• Beautiful, low-maintenance yard perfect for entertaining, gardening, or relaxing.
• Plenty of parking for both units, adding convenience and value.
Live in one unit and rent the other, host family with ease, or enjoy two reliable income streams in a market where multi-unit properties are in high demand.
Don’t Miss Out!
Move-in ready, fully remodeled homes like this don’t come around often.
Call or message today to schedule your private showing of 2121 Down Street and discover the possibilities for yourself
Listing Agent
Real Broker Brokerage Phone: 909-377-2599 License #01387078 Listed on: 10/09/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,315
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
- Net Operating Income $48,960
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|---|
| 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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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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