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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Owner options
Explore your selling options
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#: CV24209676
Originating 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
| Date | Event | Price |
|---|---|---|
| 11/6/2024 | Sold | $800,000+0%$404/sqft |
Source: | ||
| 10/17/2024 | Pending sale | $799,900$404/sqft |
Source: | ||
| 10/9/2024 | Price change | $799,900+35.6%$404/sqft |
Source: | ||
| 6/9/2021 | Pending sale | $589,900$298/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 5/10Fremont Elementary SchoolGrades: K-6Distance: 0.5 mi
- 5/10Central Middle SchoolGrades: 7-8Distance: 1.8 mi
- 7/10Polytechnic High SchoolGrades: 9-12Distance: 2.8 mi

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