Sold for $400,000 on 04/26/23
Listing Provided by:
Eric Chen DRE #01489184 626-757-5717,
CB RICHARD ELLIS
Bought with: TRAN & TRAN REALTY INC
$400,000
1754 7th St, Riverside, CA 92507
2beds
796sqft
Duplex
Built in 1941
9,583 Square Feet Lot
$458,300 Zestimate®
$503/sqft
$2,209 Estimated rent
Home value
$458,300
$431,000 - $486,000
$2,209/mo
Zestimate® history
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What's special
A multifamily opportunity to acquire this 2-Unit duplex property. 1754 7th Street is situated on Seventh Street between Mesa Street and Chicago
Avenue. The property is surrounded by new developments and is conveniently located near the 91, 60 and 215 freeways connecting to all of San
Bernardino, Orange, and Los Angeles Counties. 1754 7th Street is within walking distance to Walgreens, Food4Less, Dollar Tree, Planet Fitness,
McDonalds, Burger King and El Pollo Loco with access to many retail centers with popular shops and restaurants within a quick five-minute drive.
1754 7th Street is located in the heart of Riverside near Downtown and nearby the UCR, John W North High School, Riverside City College, Riverside
Community Hospital and the Riverside Metrolink Rail Station. Significant local amenities include, Castle Amusement Park, Victoria Gardens,
Riverside Art Museum, the historic Mission Inn Hotel & Spa, and UC Riverside Botanic Gardens all within a close 20-mile proximity. Health care,
Retail Trade, Social Assistance and Construction industries are the top economic drivers of the Riverside’s economy and has shown steady growth
over the past 10 years. The Inland Empire Ranks in the Top 10 in the U.S. for Annual Rent Growth & Lowest Vacancy Rate. The Inland Empire region
attracts a strong working-class demographic and ideal for long-term renters. 1754 7th Street is a prime property and a great long-term investment.
The property offers stability for any type of investor whether it may be a first-time purchaser, seasoned investor, or those seeking a 1031 exchange
opportunity.
Zillow last checked: 8 hours ago
Listing updated: April 27, 2023 at 09:09am
Listing Provided by:
Eric Chen DRE #01489184 626-757-5717,
CB RICHARD ELLIS
Bought with:
LINH TRAN, DRE #01888002
TRAN & TRAN REALTY INC
Source: CRMLS,MLS#: CV23030003
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: None
Features
- All Bedrooms Down
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 796 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Garage spaces: 1
- Uncovered spaces: 3
Features
- Levels: One
- Stories: 1
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: None
Lot
- Size: 9,583 sqft
- Features: 2-5 Units/Acre
Details
- Parcel number: 211183004
- Zoning: R3
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Duplex
Condition
- New construction: No
- Year built: 1941
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Curbs, Sidewalks
Location
- Region: Riverside
Other
Other facts
- Listing terms: Cash,Cash to New Loan
Price history
| Date | Event | Price |
|---|---|---|
| 4/26/2023 | Sold | $400,000-11.1%$503/sqft |
Source: | ||
| 3/20/2023 | Pending sale | $450,000$565/sqft |
Source: | ||
| 3/14/2023 | Contingent | $450,000$565/sqft |
Source: | ||
| 2/22/2023 | Listed for sale | $450,000$565/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,684 +3.4% | $416,160 +2% |
| 2024 | $4,531 -2.9% | $408,000 -1.4% |
| 2023 | $4,667 +692.8% | $414,000 +781.3% |
Find assessor info on the county website
Neighborhood: Eastside
Nearby schools
GreatSchools rating
- 7/10William Howard Taft Elementary SchoolGrades: K-6Distance: 3.5 mi
- 6/10University Heights Middle SchoolGrades: 7-8Distance: 1.1 mi
- 5/10John W. North High SchoolGrades: 9-12Distance: 0.5 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$458,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$458,300

