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Sold for $800,000 on 11/06/24
  • Listing Provided by: 

    Anthony Tafesh DRE #02053014 909-764-7346,

    KELLER WILLIAMS SIGNATURE RLTY

    Bought with: The Brokerage
    $800,000

    2576 Lime St, Riverside, CA 92501

    4beds
    4baths
    1,980sqft
    Duplex
    Built in 1984
    -- sqft lot
    $-- Zestimate®
    $404/sqft
    $4,061 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $4,061/mo

    Zestimate® history
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    What's special

    Welcome to this prime duplex investment opportunity located at 2576 - 2578 Lime Street, Riverside, CA! This well-maintained property features two separate units, each offering 2 spacious bedrooms and 2 full bathrooms, complete with their own electric and gas meters for easy management. Both units include in-unit laundry, central heating and air conditioning, and newer flooring throughout. The entire roof was recently replaced in 2021, ensuring a worry-free investment for years to come. The property offers ample parking with space for up to 4 vehicles, including a 1-car garage, 1 covered carport space, and 2 additional uncovered parking spots for each unit. Situated on a large 10,019 sq. ft. lot, just shy of a quarter acre, there’s potential for future expansion. The existing garages can potentially be converted into additional units or an ADU, subject to local building codes and regulations. Located in an excellent area, this property is just minutes from major freeways, making commuting a breeze. It’s also conveniently close to Downtown Riverside, where you can enjoy a variety of dining, shopping, and entertainment options. With extremely low monthly expenses— averaging $40/month for water/sewage, $40/month for landscaping, and a $55 bi-monthly pest control service—this property is perfect for an investor seeking immediate cash flow. Both units are tenant-occupied, providing steady rental income from day one. Don’t miss out on this incredible opportunity to own a versatile, income-generating property in a desirable Riverside location! Contact us today for more details.

    Zillow last checked: 8 hours ago

    Listing updated: December 04, 2024 at 06:12pm

    Listing Provided by:

    Anthony Tafesh DRE #02053014 909-764-7346,

    KELLER WILLIAMS SIGNATURE RLTY

    Bought with:

    Sammer Mudawar, DRE #01723613

    The Brokerage

    Source: CRMLS,MLS#: CV24209676MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Gas Range, Water Heater
    • Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room
    Features
    • Ceiling Fan(s)
    • Flooring: Laminate
    • Windows: Double Pane Windows
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 1,980
    • Total interior livable area: 1,980 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Carport, Garage, Gated
    • Garage spaces: 2
    • Carport spaces: 2
    • Covered spaces: 4
    • Uncovered spaces: 4
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Front
    • Pool features: None
    • Spa features: None
    • Fencing: Chain Link,Wood,Wrought Iron
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 10,019 sqft
    • Features: 2-5 Units/Acre, Sprinkler System
    Details
    • Parcel number: 209142006
    • Zoning: R2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Stucco
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • Turnkey
    • New construction: No
    • Year built: 1984

    Utilities & green energy

    • Electric: Standard
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
    Community
    • Community features: Curbs, Storm Drain(s), Street Lights, Sidewalks
    Location
    • Region: Riverside

    HOA & financial

    Other financial information
    • Total actual rent: 3950

    Other

    Other facts
    • Listing terms: 1031 Exchange
    • Road surface type: Alley Paved, Paved

    Price history

    DateEventPrice
    11/6/2024Sold$800,000+0%$404/sqft
    Source: CRMLS #CV24209676
    10/17/2024Pending sale$799,900$404/sqft
    Source: CRMLS #CV24209676
    10/9/2024Price change$799,900+35.6%$404/sqft
    Source: CRMLS #CV24209676
    6/9/2021Pending sale$589,900$298/sqft
    Source: SDMLS #IV21120571

    Public tax history

    Tax history is unavailable.

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
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