4204 12th St Riverside, CA 92501
Downtown Riverside NeighborhoodEstimated payment $8,606/month
Highlights
- Lawn
- Fireplace
- Laundry Facilities
- No HOA
- Central Heating and Cooling System
About This Home
***INCOME OPPORTUNITY - ATTENTION INVESTORS AND MORE!*** Don’t miss this exceptional opportunity to acquire a unique four-unit property (2 units on a lot) near the heart of Downtown Riverside! Situated on a prominent corner lot, this income-producing property features two separate buildings and a highly desirable unit mix consisting of two three-bedroom, two-bathroom residences and two one-bedroom, one-bathroom residences, plus a basement. This versatile configuration is ideal for an investor looking to expand a rental portfolio or an owner-occupant interested in living in one unit while generating income from the others.
The charming Craftsman-style building showcases classic architecture, a welcoming covered front porch, mature shade trees and excellent street presence. The second two-story building offers additional residences with separate entrances and convenient access from the surrounding streets and alley.
The interiors provide comfortable and functional living spaces with abundant natural light, spacious living rooms, well-appointed kitchens, generously sized bedrooms and a combination of carpet, tile and wood-look flooring. Select improvements include white cabinetry, granite countertops, updated flooring and refreshed bathroom finishes, while other areas retain their original character and offer opportunities for future personalization. Several bedrooms feature walk-in closets, and ceiling fans and wall-mounted climate-control units can be found throughout the property.
Additional amenities include a shared laundry facility, gated outdoor areas, paved spaces and multiple parking possibilities. The corner-lot setting provides convenient access and separation between the buildings while mature landscaping adds shade and privacy.
Conveniently located near Downtown Riverside, the historic Mission Inn, Riverside Community Hospital, Mount Rubidoux, shopping, dining, public transportation and major freeway access, this property offers a compelling combination of location, flexibility and long-term income potential. Whether you are seeking a multi-generational living arrangement, an owner-occupied investment or a valuable addition to your real estate portfolio, this is an opportunity you will not want to miss!
Listing Agent
ELEVATE REAL ESTATE AGENCY Brokerage Phone: 951-394-3554 License #01843253 Listed on: 09/04/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1975
Lot Details
- 5,663 Sq Ft Lot
- Two or More Common Walls
- Lawn
- Front Yard
Parking
- 2 Car Garage
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 3,553 Sq Ft Home
- 2-Story Property
- Fireplace
Bedrooms and Bathrooms
- 8 Bedrooms
Outdoor Features
- Rain Gutters
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating and Cooling System
- Wall Furnace
- Septic Type Unknown
Listing and Financial Details
- Legal Lot and Block 7 / 12
- Assessor Parcel Number 215201007
- $79 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,200
- Insurance Expense $2,500
- Trash Expense $800
- Water Sewer Expense $1,080
- Operating Expense $21,600
- Gross Income $9,735
- Net Operating Income $7,935
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $5,613 | $508,685 | $131,875 | $376,810 |
| 2025 | $5,429 | $498,712 | $129,290 | $369,422 |
| 2023 | $5,429 | $479,348 | $124,270 | $355,078 |
| 2022 | $5,306 | $469,950 | $121,834 | $348,116 |
| 2021 | $5,235 | $460,737 | $119,446 | $341,291 |
| 2020 | $5,195 | $456,014 | $118,222 | $337,792 |
| 2019 | $5,097 | $447,073 | $115,904 | $331,169 |
| 2018 | $4,998 | $438,308 | $113,633 | $324,675 |
| 2017 | $4,909 | $429,714 | $111,405 | $318,309 |
| 2016 | $4,594 | $421,289 | $109,221 | $312,068 |
| 2015 | $4,529 | $414,964 | $107,582 | $307,382 |
| 2014 | $4,486 | $406,838 | $105,476 | $301,362 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/04/2026 09/04/26 | For Sale | $1,475,000 | +264.2% | $415 / Sq Ft | |
| 12/28/2012 12/28/12 | Sold | $405,000 | -8.0% | $116 / Sq Ft | View Prior Sale |
| 10/13/2012 10/13/12 | Pending | -- | -- | -- | |
| 10/02/2012 10/02/12 | For Sale | $440,000 | -- | $126 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $405,000 | Ticor Title Company | |
| Trustee Deed | $285,500 | Ticor Title Company | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Grant Deed | $595,000 | First American Title Company | |
| Grant Deed | $425,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,000 | Credit Line Revolving | |
| Closed | $171,575 | Commercial | |
| Previous Owner | $3,000,000 | Commercial | |
| Previous Owner | $535,500 | Commercial | |
| Previous Owner | $340,000 | Commercial |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV26185431
APN: 215-201-007
- 4230 13th St
- 4224 Brockton Ave
- 4174 El Dorado St
- 4291 11th St
- 4073 Cedar St
- 3934 Brockton Ave
- 4048 9th St
- 3875 11th St
- 3857 Pine St
- 4412 Mission Inn Ave
- 4303 Mission Inn Ave
- 4227 Miramonte Place
- 4579 University Ave
- 4561 Main St
- 3974 5th St
- 4193 5th St
- 4727 Knickerbocker Ln
- 4308 Lime St
- 3364 Cedar St
- 3968 Ramona Dr
- 4161 El Dorado St
- 4160-4163 El Dorado St Unit 4160 -4161
- 4373 12th St Unit Suite B
- 4373 12th St Unit Suite A
- 4394 9th St
- 3907 Chestnut St
- 4555 Pine St
- 3643 Brockton Ave Unit B
- 3750 Main St
- 3777 Mission Inn Ave
- 4830 Palm Ave
- 4722 Knickerbocker Ln
- 4738 Elderwood Ct Unit A
- 3250 Market St
- 3260 Main St
- 3145 Market St
- 3447 4th St Unit 2
- 3449 4th St Unit 2
- 3045 Cedar St
- 3031 Chestnut St
Ask me questions while you tour the home.