$769,000
$29K PRICE DROP

Estimated payment $4,121/month

Total Views 3,599
5 Beds
2 Baths
1,986 Sq Ft
$387 Price per Sq Ft

Highlights

  • Mountain View
  • Private Yard
  • Cooling System Mounted To A Wall/Window
  • Corner Lot
  • No HOA
  • Laundry Room

About This Home

HUGE PRICE REDUCTION. Riverside downtown 2 houses on a corner lot located at Pine & 11th Street. Total rentable spaces are 1986 sf and a 8712 sf lot. The large lot with ADU potential offers significant added value. Each house has its own street address. The house on 4096 Pine Street is a craftsman's style. It offers 1036 sqft. living space with 3 bedrooms and 1 bath. The house on 4361 11th Street is a Spanish style. This unit was recently renovated. It offers a 956 sqft. living space with 2 bedrooms and 1 bathroom. Separate gas & electric meters for each house but share one water meter. Each house has its own private fenced yards. Convenient downtown location near Mt. Rubidoux, The Mission Inn, shops and freeways, 91 & 60. Near UC Riverside and Riverside City College. Both houses are Tenant occupied. Long time tenants and pay in time.

Listing Agent

Christina Wong

Newco Realty Brokerage Phone: 626-826-4753 License #01721204 Listed on: 01/08/2026

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1929

Lot Details

  • 8,712 Sq Ft Lot
  • Corner Lot
  • Private Yard
  • Density is 2-5 Units/Acre

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,986 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Legal Lot and Block 10 / 10
  • Tax Tract Number 302
  • Assessor Parcel Number 215062001
  • $65 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Home Details

Home Type

Single Family

Year Built

Built in 1929

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Water Sewer Expenses: 1450.00
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 215062001
  • Year Built: 1929
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 387.21
  • Room Type: Entry, Kitchen, Living Room

Exterior Features

  • View: Mountain(s), Neighborhood
  • Pool Private: No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 900.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Corner Lot, Yard
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 950 Square Feet
  • Average3 Bed Area: 1036 Square Feet
  • Gross Income: 55800.00
  • Gross Scheduled Income: 55800.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 8712.0000 Square Feet
  • Net Operating Income: 42650.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 13150.00
  • Rent Control: No
  • Total Expenses: 13150.00

Tax Info

  • New Taxes Expense: 8800.00
  • Tax Block: 10
  • Tax Lot: 10
  • Tax Tract Number: 0302.00
  • 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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $1,923 $700,000 $210,000 $490,000
2023 $1,923 $166,476 $52,615 $113,861
2022 $1,880 $163,213 $51,584 $111,629
2021 $1,868 $160,014 $50,573 $109,441
2020 $1,854 $158,374 $50,055 $108,319
2019 $1,820 $155,270 $49,074 $106,196
2018 $1,786 $152,226 $48,112 $104,114
2017 $1,755 $149,242 $47,169 $102,073
2016 $1,645 $146,317 $46,245 $100,072
2015 $1,621 $144,121 $45,551 $98,570
2014 $1,606 $141,299 $44,659 $96,640
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/03/2026 02/03/26 Price Changed $769,000 -2.7% $387 / Sq Ft
01/21/2026 01/21/26 Price Changed $790,000 -1.0% $398 / Sq Ft
01/08/2026 01/08/26 For Sale $798,000 +9.3% $402 / Sq Ft
08/30/2024 08/30/24 Sold $730,000 -2.7% $705 / Sq Ft View Prior Sale
07/17/2024 07/17/24 For Sale $750,000 -- $724 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $700,000 Provident Title
Grant Deed $730,000 Stewart Title Of California
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $510,000 Construction
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR26004050

California Regional Multiple Listing Service (CRMLS)

APN: 215-062-001

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