2431 12th Street

Riverside, CA 92507

$880,000
Price
6
Beds
4
Baths
2,214 Sq. Ft.
$397 / Sq. Ft.
2,214
Sq. Ft.
$397
per Sq. Ft.

Description

Amazing Duplex opportunity to own a in a growing Riverside neighborhood! This Duplex presents an ideal chance for both homeowners and savvy investors to own this remodeled duplex. This property boasts two units, each unit featuring, 3 bedrooms, 2 bath with a spacious living room, remodeled kitchen and each unit is able to have a one car garage that includes inside laundry facilities. Complemented by a fenced yard and plenty of driveway parking. All conveniently located minutes away from the 91 freeway,...Amazing Duplex opportunity to own a in a growing Riverside neighborhood! This Duplex presents an ideal chance for both homeowners and savvy investors to own this remodeled duplex. This property boasts two units, each unit featuring, 3 bedrooms, 2 bath with a spacious living room, remodeled kitchen and each unit is able to have a one car garage that includes inside laundry facilities. Complemented by a fenced yard and plenty of driveway parking. All conveniently located minutes away from the 91 freeway, Cal Baptist University, UCR, shopping, Riverside Community Hospital and the Mission Inn Hotel & Spa just to name a few.
  1. Listed by Justin Tye • DRE #01728694 • Brokerage DRE #02022092 • Real Broker

Property Details for 2431 12th Street

View
None
Parking Spaces Total
2
Private Pool
No
Cooling Type
Central Forced Air
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2214
LISTING UPDATED: 08/02/2024 11:31 PM

Property Details for 2431 12th Street

StatusActive
MLS #OC24159430
Days on Market110
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1977
Lot Size0.24 AC / 10,454 SF
CountyRiverside County

Building Information for 2431 12th Street

Stories1Residences-Year Built1977Building Size-Lot Size0.24 AC / 10,454 SF

Property Information for 2431 12th Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $30,000
  • Gross Scheduled Income: $30,000
  • Gross Operating Income: $20,729
  • Net Operating Income: $20,729
Expense Details
  • Operating Expense: $9,271
  • Gardener Expense: $2,400
  • Fuel Expense: $360
  • Electric Expense: $900
  • Insurance Expense: $4,111
  • Trash Expense: $0
  • Water Sewer Expense: $1,500
  • Total Expenses: $9,271
Tax / Assessment Info
  • Tax Block: 6
  • Tax Tract Number: 1
  • Tax Census Tract: 304.00
  • CFD/Mello-Roos Fee: $65
  • Tax Lot: 19
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Gas Range
  • Equipment: Garage
  • Interior Features: Granite Counters
  • Room Type: All Bedrooms Down
  • Bedroom Features: All Bedrooms Down
  • Laundry: Yes
  • Laundry Features: In Garage
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
  • Flooring: Wood
Exterior Features
  • Roof: Shingle
  • Entry Location: 1
  • Fence: Yes
  • Fence: Partial
  • Fencing: Partial
  • Property Condition: Turnkey
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Front Yard, Yard
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Electric: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Garage
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Garage
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,500
  • Unit Type Total Rent: $2,500
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,700
  • Unit Type Total Rent: $2,700
  • Unit Type Pro Forma: 2700
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number With Range: 1

Property History for 2431 12th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2431 12th Street

Taxable ValueLand$82,021Additions$442,924Total$524,945
Tax Record2024$5,810 ($484 / month)
Home Facts
Beds6Baths4Total Finished SqFt2,214 SqFtAbove Grade Finished SqFt2,214 SqFtStories1Lot Size10,454 SqFtStyleSingle Family ResidenceYear Built1977Year Renovated1978ZoningR2CountyRIVERSIDEAPN211-222-039Fireplace TypeHas Fireplace

Schools near 2431 12th Street

This home is within Riverside Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Emerson Elementary School
PublicK to 6

Matthew Gage Middle School
Public7 to 8

Polytechnic High School
Public9 to 12

Abraham Lincoln Continuation School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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2431 12th Street is a multi-family home for sale in Riverside, CA 92507. This property was listed for sale on August 2, 2024 by Real Broker, it's currently listed at $880,000. It has been on the market for a total of 110 days and was last sold on June 21, 2019. This listing's school district is Riverside Unified School District. Nearby schools include Emerson Elementary School, Matthew Gage Middle School and Polytechnic High School. 2431 12th Street is a 6-bed, 4-bath, 2,214 sqft multi-family home built in 1977.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Broker, Justin Tye, DRE #01728694

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.