Seller's Agent in 2025
Amy Alvarez
SoCal Realty Group
(909) 821-5590
1 in this area
40 Total Sales
7457 Mount Vernon St Riverside, CA 92504
Magnolia Center Neighborhood
4
Beds
2
Baths
1,805
Sq Ft
7,405
Sq Ft Lot
Highlights
- No HOA
- Central Heating
- 1-Story Property
- Laundry Room
- 2 Car Garage
About This Home
As of September 2025Charming income producing Duplex for sale in the heart of Riverside! This property hosts 2 two bedroom one bath units. Each unit has it's own electric and gas meter and one car garage. The property has been well maintained and there is no deferred maintenance. It is a perfect opportunity to live in one unit and rent out the other, or maintain it as an income producing property with tenants in place. Don’t miss this great income-producing duplex for sale. Perfect to live in one unit and rent out the other, or utilize as an income-producing property. This property is well located to Downtown Riverside, freeway access, shopping and dining as well as the colleges.
Showings will be coordinated for all qualified buyer, drive-by and offers subject to interior inspection welcome but Please DO NOT DISTURB the tenants. Please contact Ruth or Amy with any questions.
Last Agent to Sell the Property
DePrez and Son, Inc License #01918207 Listed on: 05/01/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,224
Year Built
- Built in 1953
Lot Details
- 7,405 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
- Parking Available
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 1,805 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Additional Features
- Exterior Lighting
- Suburban Location
- Central Heating
Listing and Financial Details
- Tax Lot 36
- Tax Tract Number 314
- Assessor Parcel Number 230122016
- $89 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,060
- Insurance Expense $700
- Maintenance Expense $1,000
- Professional Management Expense $1,200
- Water Sewer Expense $850
- Operating Expense $4,810
- Gross Income $40,452
- Net Operating Income $35,642
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 1, 2025
Closed on
Aug 16, 2025
Sold by
Kenney Family Trust and Kenney John Michael
Bought by
Allen Natalie R
Seller's Agent
Ruth Bridge
DePrez and Son, Inc
Buyer's Agent
Amy Alvarez
SoCal Realty Group
List Price
$719,000
Sold Price
$660,000
Premium/Discount to List
-$59,000
-8.21%
Views
93
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
488.98%
Original Mortgage
$495,000
Outstanding Balance
$494,573
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$213,940
Purchase Details
Closed on
Feb 7, 2013
Sold by
Kenney John Michael and Kenney Elizabeth
Bought by
Kenney John Michael and Kenney Elizabeth Marie
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/13/2025 09/13/25 | For Rent | $2,500 | 0.0% | -- |
| 09/05/2025 09/05/25 | Sold | $660,000 | -4.2% | $366 / Sq Ft |
| 08/08/2025 08/08/25 | Pending | -- | -- | -- |
| 07/28/2025 07/28/25 | Price Changed | $689,000 | -4.2% | $382 / Sq Ft |
| 05/01/2025 05/01/25 | For Sale | $719,000 | -- | $398 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $2,224 | $199,011 | $50,753 | $148,258 |
| 2023 | $2,224 | $191,284 | $48,783 | $142,501 |
| 2022 | $2,175 | $187,534 | $47,827 | $139,707 |
| 2021 | $2,158 | $183,858 | $46,890 | $136,968 |
| 2020 | $2,142 | $181,974 | $46,410 | $135,564 |
| 2019 | $2,103 | $178,406 | $45,500 | $132,906 |
| 2018 | $2,063 | $174,908 | $44,611 | $130,297 |
| 2017 | $2,028 | $171,480 | $43,737 | $127,743 |
| 2016 | $1,902 | $168,119 | $42,880 | $125,239 |
| 2015 | $1,875 | $165,595 | $42,237 | $123,358 |
| 2014 | $1,857 | $162,353 | $41,410 | $120,943 |
Source: Public Records
Agents Affiliated with this Home
-
Amy Alvarez
-
Ruth Bridge
Seller's Agent in 2025
Ruth Bridge
DePrez and Son, Inc
(714) 371-0132
2 in this area
43 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: TR25083885
APN: 230-122-016
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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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