$629,000
$30K PRICE DROP

2135 Down St Riverside, CA 92507

Estimated payment $3,600/month

Total Views 13,322
3 Beds
2 Baths
1,844 Sq Ft
$341 Price per Sq Ft

Highlights

  • No HOA
  • Central Heating
  • 1-Story Property
  • Laundry Room

About This Home

PRICE IMPROVEMENT This is a duplex with 2 addresses 2135 / 2137 Down Street Riverside, California Excellent opportunity for investors and owner occupants looking for income potential and long term offers a great change to investments, this 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. Two units consists of 2 bedrooms, 1 bath, approximately 1844 sq ft. Separate gas and electric meters. Units are mirror images with functional layout. Property offers an opportunity for value enhancement. Front unit is currently tenant occupied with rental income in place. R2 zoning and public utilities. Convenient Riverside location near UC Riverside, transportation, and local amenities. Suitable for investors or owner-occupants seeking upside potential.

Listing Agent

KERRY THOMSON

HRE Commercial, Inc. Brokerage Phone: 909-377-2599 License #01387078 Listed on: 12/20/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 6,970 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,844 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Location

  • Urban Location

Utilities

  • Central Heating
  • Private Sewer

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 210091029
  • $65 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • Gross Income $25,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Attached: No
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 210091029
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 341.11

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Washer Hookup
  • Sewer: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600
  • Latitude Manual: 33.99436900

Rental Info

  • Tenant Pays: None

Multi Family

  • Average1 Bed Area: 933 Square Feet
  • Average2 Bed Area: 933 Square Feet
  • Gross Income: 25200.00
  • Gross Scheduled Income: 2100.00
  • Lot Size Area: 6970.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 14
  • TaxOtherAnnualAssessmentAmount: 65.00

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 $4,002 $366,968 $94,699 $272,269
2023 $4,002 $352,721 $91,023 $261,698
2022 $3,911 $345,806 $89,239 $256,567
2021 $3,864 $339,027 $87,490 $251,537
2020 $3,835 $335,551 $86,593 $248,958
2019 $3,763 $328,973 $84,896 $244,077
2018 $3,690 $322,524 $83,232 $239,292
2017 $3,625 $316,200 $81,600 $234,600
2016 $3,393 $310,000 $80,000 $230,000
2015 $1,515 $134,246 $53,697 $80,549
2014 $1,501 $131,619 $52,647 $78,972
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/21/2026 01/21/26 Price Changed $629,000 -4.6% $341 / Sq Ft
12/20/2025 12/20/25 For Sale $658,990 +169.5% $357 / Sq Ft
12/24/2015 12/24/15 Sold $244,500 0.0% $133 / Sq Ft View Prior Sale
12/24/2015 12/24/15 Sold $244,500 -1.8% $133 / Sq Ft View Prior Sale
12/06/2015 12/06/15 Pending -- -- --
12/02/2015 12/02/15 Pending -- -- --
11/11/2015 11/11/15 For Sale $249,000 -7.1% $135 / Sq Ft
10/02/2015 10/02/15 For Sale $268,000 -- $145 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $244,500 Orange Coast Title Company
Grant Deed $110,000 Lsi Title Company
Trustee Deed $82,450 Accommodation
Grant Deed -- Ticor Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Fidelity National Financial
Grant Deed $118,000 Orange Coast Title
Grant Deed -- Orange Coast Title
Grant Deed $64,000 Orange Coast Title
Grant Deed -- Fidelity National Title Ins
Trustee Deed $111,197 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $200,000 Commercial
Previous Owner $150,000 Commercial
Previous Owner $117,819 FHA
Previous Owner $69,000 Commercial
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG25279052

California Regional Multiple Listing Service (CRMLS)

APN: 210-091-029