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POWERED BY PURLIN.AI

1195 W SPRING St

riverside, CA 92507

$965,000

    INTERESTED? LET'S CONNECT

    Pleased to exclusively present the opportunity to acquire a five-unit multifamily property built in 1962 with 3,264 rentable square feet
    on a 0.21 acre lot in the City of Riverside. The property features a highly functional unit mix of one and two bedroom floor plans, with single-story
    construction.

    The property has an on-site laundry room, wall-mounted air conditioner & heater units, & each unit is separately metered for gas and electricity. The
    property is on septic. Parking consists of 5 carport parking spaces and 4 open space parking.

    Riverside presents a compelling investment environment driven by a diverse employment base, continued population growth, and relative affordability
    compared to coastal markets. Major employment anchors include the County of Riverside, March Air Reserve Base, and the University of California,
    Riverside, which together support stable housing demand from government, military, academic, and healthcare professionals. Residents enjoy a strong quality of life with access to Downtown Riverside amenities such as the historic Mission Inn, the Fox Performing Arts Center, and outdoor recreation at California Citrus State Historic Park. Ongoing downtown reinvestment, including the Riverside Alive initiative featuring new residential, office, retail, hotel uses, and convention center expansion, further reinforces long-term economic growth and rental demand.

    With solid fundamentals, efficient unit layouts, limited utility exposure, and a growing Inland Empire market, 1195 Spring Street offers investors an
    attractive opportunity to acquire a stable, well-located multifamily asset positioned for durable income and long-term appreciation.

    Details

    3,264 Sq Ft

    0.21 Private Acres Lot Size

    Apartment

    Built in 1962

    MLS/Listing ID CV26019641

    5 Units

    Amenities & Features

    Community - Sidewalks

    Community - Curbs

    Common Area

    Lot - Street Level

    Parking - On Site

    Parking - Carport

    estimate my mortgage

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    Interested in 1195 W SPRING St?