$635,000
$15K PRICE DROP

2121 Down St Riverside, CA 92507

Estimated payment $3,823/month

Total Views 5,291
4 Beds
2 Baths
1,641 Sq Ft
$387 Price per Sq Ft

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

KERRY THOMSON

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1964 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 210091028
  • Year Built: 1964
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Unfurnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 386.96

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway Level, Garage, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Laundry Features: Inside, Stackable, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6048.00
  • Lot Size Acres: 0.1388

Multi Family

  • Average2 Bed Area: 820 Square Feet
  • Gross Income: 57600.00
  • Insurance Expense: 2280.00
  • Lot Size Area: 6048.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 2280.00

Tax Info

  • Tax Lot: 15
  • TaxOtherAnnualAssessmentAmount: 88.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Source: Public Records

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
Source: California Regional Multiple Listing Service (CRMLS)

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
Source: Public Records

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: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG25236477

California Regional Multiple Listing Service (CRMLS)

APN: 210-091-028