1195 Spring St
Description
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...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.
- Listed by Douglas McCauley • DRE #CV35308 • Brokerage DRE #00530854 • MARCUS & MILLICHAP • 626-695-6776
- Listed by David Covarrubias • DRE #01941403 • Brokerage DRE #00530854 • MARCUS & MILLICHAP
Property Details for 1195 Spring Street
Property Details for 1195 Spring Street
| Status | Active |
|---|---|
| MLS # | CV26019641 |
| Days on Market | 1 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income / Res Income 2-4 Units |
| Year Built | 1962 |
| County | Riverside County |
Location
Building Information for 1195 Spring Street
Payment Calculator
$5,225 per month
30 year fixed, 6.15% Interest
$4,703
$522
$0
Property Information for 1195 Spring Street
- Tenant Pays: Electricity, Gas
- Gross Income: $95,460
- Gross Scheduled Income: $95,460
- Vacancy Allowance Rate: 3
- Net Operating Income: $58,240
- Other Income Description: Late Fees
- Other Income 1: $375
- Operating Expense: $34,732
- New Taxes Expense: $10,872
- Gardener Expense: $1,200
- Fuel Expense: $0
- Electric Expense: $0
- Insurance Expense: $5,000
- Maintenance Expense: $5,000
- Professional Management Expense: $0
- Other Expense: $800
- Other Expense Description: Misc.
- Trash Expense: $6,360
- Water Sewer Expense: $4,000
- Total Expenses: $34,732
- Tax Tract Number: 088044
- Tax Lot: 7
- Community Features: Curbs, Sidewalks
- Laundry: Yes
- Laundry Features: Community
- Entry Location: Front
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Pool Heat: N/K
- Lot Features: Level with Street
- Number Of Units: 5
- Land Lease: No
- Land Lease Type: Fee
- Water: Public
- Sewer: Septic Type Unknown
- Water Source: Public
- Garage Spaces: 0
- Parking: Yes
- Parking Garage: Carport
- Uncovered Spaces: 4
- Open Other Spaces Total: 4
- Parking Garage Spaces: 0
- Carport Spaces: 5
- Parking Features: Carport, On Site
- Residential Styles: Res Income 2-4 Units
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $1,395
- Unit Type Total Rent: $1,395
- Unit Type Pro Forma: 1499
- Unit Type Type: 1
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $1,495
- Unit Type Total Rent: $1,495
- Unit Type Pro Forma: 1607
- Unit Type Type: 2
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $1,595
- Unit Type Total Rent: $1,595
- Unit Type Pro Forma: 1714
- Unit Type Type: 3
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $1,720
- Unit Type Total Rent: $1,720
- Unit Type Pro Forma: 1849
- Unit Type Type: 4
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $1,750
- Unit Type Total Rent: $1,750
- Unit Type Pro Forma: 1881
- Unit Type Type: 5
- Rent Controlled: Yes
- Number Of Buildings: 1
- Number Of Separate Electric Meters: 5
- Number Of Separate Gas Meters: 5
- Number Of Separate Water Meters: 1
- Number Wall AC: 5
Property History for 1195 Spring Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Jan 27, 2026 | Listed (Active) CRMLS #CV26019641 | $965,000 | — |
| Jan 26, 2026 | Listed (Active) CLAW #CV26019641MR | $965,000 | — |
| Jan 26, 2026 | Listed (Active) SDMLS #CV26019641 | $965,000 | — |
| Oct 31, 2017 | Sold SDMLS #PW17026038 | $497,800 | — |
| Oct 31, 2017 | Sold CRMLS #PW17026038 | $497,800 | — |
| Oct 31, 2017 | Sold CLAW #PW17026038MR | $497,800 | — |
| Oct 23, 2017 | Sold (Public Record) Public Record #608148982 | $483,000 | +6.3% / yr |
| Sep 12, 2017 | Pending CLAW #PW17026038MR | — | |
| Sep 12, 2017 | Pending CRMLS #PW17026038 | — | |
| Feb 7, 2017 | Listed (Active) SDMLS #PW17026038 | $497,800 | — |
| Feb 7, 2017 | Listed (Active) CRMLS #PW17026038 | $497,800 | — |
| Feb 7, 2017 | Listed (Active) CLAW #PW17026038MR | $497,800 | — |
| Apr 15, 2016 | Sold SDMLS #PW15067269 | $415,000 | — |
| Apr 15, 2016 | Sold CRMLS #PW15067269 | $415,000 | — |
| Apr 15, 2016 | Sold CLAW #PW15067269MR | $415,000 | — |
| Apr 1, 2016 | Pending CRMLS #PW15067269 | — | |
| Apr 1, 2016 | Pending CLAW #PW15067269MR | — | |
| Feb 11, 2016 | Listed (Active) CRMLS #PW15067269 | $470,000 | — |
| Feb 11, 2016 | Listed (Active) CLAW #PW15067269MR | $470,000 | — |
| Jan 29, 2016 | Pending CRMLS #PW15067269 | — | |
| Aug 28, 2015 | Price Change CRMLS #PW15067269 | $419,000 | — |
| Jul 21, 2015 | Listed (Active) CRMLS #PW15067269 | — | |
| May 4, 2015 | Sold (Public Record) Public Record #568705663 | $415,000 | -1.9% / yr |
| Mar 31, 2015 | Listed (Active) SDMLS #PW15067269 | $470,000 | — |
| Jul 1, 2013 | Expired CRMLS #Y1205800 | $375,000 | — |
| Jun 30, 2013 | Expired CLAW #Y1205800MR | — | |
| Jan 8, 2013 | Expired CRMLS #P447043 | $520,000 | — |
| Nov 4, 2012 | Listed (Active) CRMLS #Y1205800 | $375,000 | — |
| Nov 4, 2012 | Listed (Active) CLAW #Y1205800MR | $375,000 | — |
| Dec 22, 2005 | Sold CRMLS #CC218098 | $495,000 | — |
| Dec 22, 2005 | Sold CLAW #P469580MR | $495,000 | — |
| Dec 22, 2005 | Sold CRMLS #P469580 | $495,000 | — |
| Dec 19, 2005 | Pending CLAW #P469580MR | — | |
| Dec 19, 2005 | Pending CRMLS #P469580 | — | |
| Dec 6, 2005 | Sold (Public Record) Public Record #169701882 | $495,000 | +18.3% / yr |
| Dec 1, 2005 | Sold CRMLS #K506911 | $495,000 | — |
| Dec 1, 2005 | Sold CLAW #K506911MR | $495,000 | — |
| Nov 30, 2005 | Pending CRMLS #K506911 | — | |
| Nov 30, 2005 | Pending CLAW #K506911MR | — | |
| Sep 7, 2005 | Listed (Active) CRMLS #K506911 | $499,900 | — |
| Sep 7, 2005 | Listed (Active) CLAW #P469580MR | $499,900 | — |
| Sep 7, 2005 | Listed (Active) CRMLS #CC218098 | $499,900 | — |
| Sep 7, 2005 | Listed (Active) CLAW #K506911MR | $499,900 | — |
| Sep 7, 2005 | Listed (Active) CRMLS #P469580 | $499,900 | — |
| Sep 2, 2005 | Expired CLAW #P447043MR | — | |
| Sep 2, 2005 | Expired CRMLS #K502937 | $520,000 | — |
| Sep 2, 2005 | Expired CLAW #K502937MR | — | |
| Apr 27, 2005 | Listed (Active) CRMLS #CC217335 | $520,000 | — |
| Apr 27, 2005 | Listed (Active) CLAW #K502937MR | $520,000 | — |
| Apr 27, 2005 | Listed (Active) CRMLS #P447043 | $520,000 | — |
| Apr 27, 2005 | Listed (Active) CLAW #P447043MR | $520,000 | — |
| Apr 27, 2005 | Listed (Active) CRMLS #K502937 | $520,000 | — |
| Sep 30, 2002 | Sold (Public Record) Public Record #100423503 | $290,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 01/27/2026 | Listed (Active) CRMLS #CV26019641 | $965,000 |
| 01/26/2026 | Listed (Active) CLAW #CV26019641MR | $965,000 |
| 01/26/2026 | Listed (Active) SDMLS #CV26019641 | $965,000 |
| 10/31/2017 | Sold SDMLS #PW17026038 | $497,800 |
| 10/31/2017 | Sold CRMLS #PW17026038 | $497,800 |
| 10/31/2017 | Sold CLAW #PW17026038MR | $497,800 |
| 10/23/2017 | Sold (Public Record) Public Record #608148982 | $483,000 +6.3% / yr |
| 09/12/2017 | Pending CLAW #PW17026038MR | — |
| 09/12/2017 | Pending CRMLS #PW17026038 | — |
| 02/07/2017 | Listed (Active) SDMLS #PW17026038 | $497,800 |
| 02/07/2017 | Listed (Active) CRMLS #PW17026038 | $497,800 |
| 02/07/2017 | Listed (Active) CLAW #PW17026038MR | $497,800 |
| 04/15/2016 | Sold SDMLS #PW15067269 | $415,000 |
| 04/15/2016 | Sold CRMLS #PW15067269 | $415,000 |
| 04/15/2016 | Sold CLAW #PW15067269MR | $415,000 |
| 04/01/2016 | Pending CRMLS #PW15067269 | — |
| 04/01/2016 | Pending CLAW #PW15067269MR | — |
| 02/11/2016 | Listed (Active) CRMLS #PW15067269 | $470,000 |
| 02/11/2016 | Listed (Active) CLAW #PW15067269MR | $470,000 |
| 01/29/2016 | Pending CRMLS #PW15067269 | — |
| 08/28/2015 | Price Change CRMLS #PW15067269 | $419,000 |
| 07/21/2015 | Listed (Active) CRMLS #PW15067269 | — |
| 05/04/2015 | Sold (Public Record) Public Record #568705663 | $415,000 -1.9% / yr |
| 03/31/2015 | Listed (Active) SDMLS #PW15067269 | $470,000 |
| 07/01/2013 | Expired CRMLS #Y1205800 | $375,000 |
| 06/30/2013 | Expired CLAW #Y1205800MR | — |
| 01/08/2013 | Expired CRMLS #P447043 | $520,000 |
| 11/04/2012 | Listed (Active) CRMLS #Y1205800 | $375,000 |
| 11/04/2012 | Listed (Active) CLAW #Y1205800MR | $375,000 |
| 12/22/2005 | Sold CRMLS #CC218098 | $495,000 |
| 12/22/2005 | Sold CLAW #P469580MR | $495,000 |
| 12/22/2005 | Sold CRMLS #P469580 | $495,000 |
| 12/19/2005 | Pending CLAW #P469580MR | — |
| 12/19/2005 | Pending CRMLS #P469580 | — |
| 12/06/2005 | Sold (Public Record) Public Record #169701882 | $495,000 +18.3% / yr |
| 12/01/2005 | Sold CRMLS #K506911 | $495,000 |
| 12/01/2005 | Sold CLAW #K506911MR | $495,000 |
| 11/30/2005 | Pending CRMLS #K506911 | — |
| 11/30/2005 | Pending CLAW #K506911MR | — |
| 09/07/2005 | Listed (Active) CRMLS #K506911 | $499,900 |
| 09/07/2005 | Listed (Active) CLAW #P469580MR | $499,900 |
| 09/07/2005 | Listed (Active) CRMLS #CC218098 | $499,900 |
| 09/07/2005 | Listed (Active) CLAW #K506911MR | $499,900 |
| 09/07/2005 | Listed (Active) CRMLS #P469580 | $499,900 |
| 09/02/2005 | Expired CLAW #P447043MR | — |
| 09/02/2005 | Expired CRMLS #K502937 | $520,000 |
| 09/02/2005 | Expired CLAW #K502937MR | — |
| 04/27/2005 | Listed (Active) CRMLS #CC217335 | $520,000 |
| 04/27/2005 | Listed (Active) CLAW #K502937MR | $520,000 |
| 04/27/2005 | Listed (Active) CRMLS #P447043 | $520,000 |
| 04/27/2005 | Listed (Active) CLAW #P447043MR | $520,000 |
| 04/27/2005 | Listed (Active) CRMLS #K502937 | $520,000 |
| 09/30/2002 | Sold (Public Record) Public Record #100423503 | $290,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1195 Spring Street
Schools near 1195 Spring Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Highgrove Elementary School PublicK to 6 | ||
University Heights Middle School Public7 to 8 | ||
John W. North 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
Similar Sold Homes
Explore Nearby Homes
- Canyon Crest Homes for Sale
- Cridge Park Homes for Sale
- Downtown Riverside Homes for Sale
- East Riverside Homes for Sale
- Eastside Homes for Sale
- Edgemont Homes for Sale
- Heritage Square Historic District Homes for Sale
- Highgrove Homes for Sale
- Hunter Industrial Park Homes for Sale
- Magnolia Center Homes for Sale
- Mission Inn Historic District Homes for Sale
- North Riverside Homes for Sale
- Northside Homes for Sale
- Rancho Park Homes for Sale
- Twogood Orange Grove Homes for Sale
- Moreno Valley Homes for Sale
- Riverside Homes for Sale
- Grand Terrace Homes for Sale
- Colton Homes for Sale
- March Air Reserve Base Homes for Sale
- Loma Linda Homes for Sale
- Jurupa Valley Homes for Sale
- Rialto Homes for Sale
- San Bernardino Homes for Sale
- Bloomington Homes for Sale
- Bryn Mawr Homes for Sale
- Redlands Homes for Sale
- Fontana Homes for Sale
- Perris Homes for Sale
- Mira Loma Homes for Sale
- 92313 Homes for Sale
- 92324 Homes for Sale
- 92501 Homes for Sale
- 92506 Homes for Sale
- 92508 Homes for Sale
- 92521 Homes for Sale
- 92553 Homes for Sale
- 92557 Homes for Sale
- 92518 Homes for Sale
- 92504 Homes for Sale
- 92509 Homes for Sale
- 92354 Homes for Sale
- 92316 Homes for Sale
- 92408 Homes for Sale
- 92350 Homes for Sale
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, Inc., its subsidiaries, affiliates and their agents and associated third parties 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 MARCUS & MILLICHAP, Douglas McCauley, DRE #CV35308; MARCUS & MILLICHAP, David Covarrubias, DRE #01941403
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.