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2431 12th St, Riverside, CA 92507
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2431 12th St Riverside, CA 92507

$870,000
  • 6 Beds
  • 4 Baths
  • 2,214 Sq.Ft.
For Sale
$870,000 Get Pre-Qualified
Map preview of 2431 12th St, Riverside, CA 92507

Property Overview: 2431 12th St Riverside, CA has 6 bedrooms, 4 bathrooms, 2,214 living square feet and 10,454 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Amazing opportunity to own a Riverside Duplex! This Duplex presents an ideal chance for both homeowners and savvy investors to own this remodeled duplex. Conveniently located minutes away from the 91 freeway, Cal Baptist University, UCR, Riverside Community Hospital and the Mission Inn Hotel & Spa just to name a few. This property boasts two units, each unit featuring, 3 bedrooms, 2 bath with a spacious living room, remodeled kitchen and one car garage that includes inside laundry facilities. Complemented by a fenced yard and plenty of driveway parking. A duplex with this layout rarely hits the market so act fast!

Listed by Angelica Robles | BRE #01759910 | Active Realty
Last checked: 53 seconds ago | Last updated: February 4th, 2024 | Source CRMLS | DOM: 66
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Home details

Lot Sq. Ft
10,454
HOA Dues
$0/mo
Year built
1977
Garage
2 Car
Property Type:
Duplex
Status
Active
MLS#
IG24025060
City
Riverside
County
Riverside
Time on Site
83 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,700
  • Total Rent: $2,700
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $30,000
  • Net Operating Income: $20,729
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $9,271
  • Electric: $900
  • Gas/Fuel: $360
  • Trash: $0
  • Gardener: $2,400
  • Insurance: $4,111
  • Water/Sewer: $1,500

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Property Details for 2431 12th St

Interior Features
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • In Garage, Washer Hookup
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 211222039
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Between 14th street and University Ave East of 91 Freeway
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Riverside Agent

Sale History for 2431 12th St

Last sold for $480,000 on June 21st, 2019

  • February, 2024

  • Feb 3, 2024

    Date

    Active

    CRMLS: IG24025060

    $870,000

    Price

  • May, 2023

  • May 2, 2023

    Date

    Expired

    CRMLS: CV22242834

    $720,000

    Price

  • Nov 16, 2022

    Date

    Active

    CRMLS: CV22242834

    $720,000

    Price

  • Listing provided courtesy of CRMLS

    Here is the investment you have been looking for******** Great Duplex with plenty of parking. Each unit has hard to find 3 Bedrooms 2 baths each has a one car garage and space in driveway. Nice open Livingroom good size kitchens and access to garage from units. Laundry in garages. 2nd unit shows beautiful seller made some upgrade a few years ago. Other unit is in good condition just not modern may need some updates. Both units have separate yards, Good tenants will not last call me for more details

  • June, 2019

  • Jun 24, 2019

    Date

    Sold

    CRMLS: IG19109945

    $480,000

    Price

  • May 22, 2019

    Date

    Pending

    CRMLS: IG19109945

    $435,000

    Price

  • May 22, 2019

    Date

    Active

    CRMLS: IG19109945

    $435,000

    Price

  • May 18, 2019

    Date

    Hold

    CRMLS: IG19109945

    $435,000

    Price

  • May 13, 2019

    Date

    Active

    CRMLS: IG19109945

    $435,000

    Price

  • Listing provided courtesy of CRMLS

    Such a deal! Two units 3 bedroom 2 bath each. Each unit has their own entry, a large living room and a good sized kitchen with a one car garage. Large fenced yards and plenty of driveway parking. Units are in Good shape and front unit has had some ceramic tile flooring installed but back unit has not had any upgrades. Price takes into consideration the lack of upgrades and condition! Needs minor work. Duplex was recently painted on the exterior-new front siding, new water heater in front unit. This is a great investment or you can live in one and rent the other!

  • June, 2019

  • Jun 21, 2019

    Date

    Sold (Public Records)

    Public Records

    $480,000

    Price

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Tax History for 2431 12th St

Assessed Value (2020): $489,600
Year Land Value Improved Value Assessed Value
2020 $76,500 $413,100 $489,600

Home Value Compared to the Market

This property vs the competition

2431 12th St is listed 24.46% higher than the median list price for the city of Riverside which has a median list price of $699,000. The median price per/sqft for Riverside is $364 and this home is listed at $392.95 per/sqft which puts the price per square foot 7.95% higher than the median price per square foot for the city of Riverside.

About 2431 12th St

Detailed summary of property

2431 12th St is a duplex located in Riverside, CA 92507 and is currently for sale. This duplex offers 6 bedrooms, 4 bathrooms, roughly 2,214 living square feet, and sits on an approximately 10,454 square foot lot. 2431 12th St was first listed on ArdentRealEstateGroup.com on February 4, 2024. The homeowner is currently asking $870,000. The median priced home in Riverside is $699,000 with a median price per square foot of $364. Based on Ardent Real Estate Group's Riverside Market Data, this home is listed 24.46% higher than the median priced home. Local competing homes currently for sale include 933 N Mountain View Ave, 256 E Temple St and 1528 N F St. While the average home in Riverside, CA is selling in 48 days, 2431 12th St has a days on market of 66 days. There are currently 650 homes for sale in the Riverside real estate market and 610 of them are single family homes while 34 of them are condos and 6 are townhomes. For more information on this home for sale at 2431 12th St Riverside, CA 92507 contact Ardent Real Estate Group and we will put you in touch with one of our Riverside agents.

Public Facts for 2431 12th St

Public county record property details
Beds
6
Baths
4
Year built
1977
Sq. Ft.
2,214
Lot Size
10,454
Stories
1
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Riverside
Lot#
18,19
APN
211-222-039

The source for these homes facts are from public records.

92507 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$659,990
Median List Price/Sq.Ft.
$359
Median Sold Price
$604,679
Median Sold Price/Sq.Ft.
$345
Total Inventory
120
Median Sale to List Price %
101.63%
Avg Days on Market
35
Loan Type
Conventional (65.52%), FHA (6.9%), VA (3.45%), Cash (20.69%), Other (3.45%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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