Last Sold Price
8 beds4 baths2,625 sqft$240/sqft
1957 Seventh St, Riverside, CA 92507

Description

Fantastic Opportunity to own this Multi-family Dwelling in the Beautiful City of Riverside. Here are some Key Features about this property. The layout of the land and multi-family dwellings provide additional areas for storage & parking and still leave room for some outdoor lounging. One of the units has a remodeled Kitchen with beautiful Cabinets and upgraded flooring. One of the units has a newer central air conditioning system. Regarding the units, some of the bathrooms have been upgraded over...Fantastic Opportunity to own this Multi-family Dwelling in the Beautiful City of Riverside. Here are some Key Features about this property. The layout of the land and multi-family dwellings provide additional areas for storage & parking and still leave room for some outdoor lounging. One of the units has a remodeled Kitchen with beautiful Cabinets and upgraded flooring. One of the units has a newer central air conditioning system. Regarding the units, some of the bathrooms have been upgraded over the years. This Multi-Family dwelling is located near Multiple colleges to include, University of California Riverside, California Baptist University, Riverside Community College, La Sierra University etc... There are many nearby Hospitals, Eateries, parks, schools, entertainment, and Downtown Riverside. The property is near many freeways such as the 91 FWY, 60 FWY, 215 FWY. Conservatively, if this Multi-Family Dwelling was renovated it can potentially fetch approximately 50% more in Higher Rents. All units are tenant occupied and have been successfully rented for many years by the same tenants. Great Multi-Family Dwelling with tons of opportunities. Don's miss this opportunity to add this Fantastic property to your portfolio!
LISTING CLOSED: 09/02/2022 12:00 AM

  1. Listed by Benjamin Rubalcava • DRE #01877582 • Brokerage DRE #01792182 • Re/Max Partners

Property Details for 1957 Seventh Street

Status
MLS #
IG22122110
Days on Market
28
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income
Year Built
1946
Lot Size
0.20 AC / 8,712 SF
Parking Spaces Total
7
Private Pool
No
Total Units
4.0
Building Type
Detached
Lot Size Source
Appraiser
Living Area
2625
Assessor Parcel Number
211-172-009
Property Attached YN
false
Common Walls
No Common Walls
New Construction
No
Average Studio Area Units
Square Feet
Average 1 Bed Area Units
Square Feet
Average 2 Bed Area Units
Square Feet
Average 3 Bed Area Units
Square Feet
Building Area Total
2625
Building Area Units
Square Feet
Stories Total
1
Pool
No
Association
No
Association Fee
$.00
Zoning
R3
Senior Community
No
Parcel Number
211172009
Area
Riverside (252)
Directions
Cross Streets: University Ave & Ottawa Ave

Recent comparable sales

Median sold price

$760,000

Avg days on market

46

Sale-to-list ratio

92.9%

[Riverside, CA]

9 comparable properties found

$760,000 | 2431 12th Street, Riverside, CA 92507
1

$760,000

Sold 10/15/25

6
Bedrooms
4
Bathrooms
2,214
Square Feet
0.24
Acres
$760,000 | 2789 Fairmount Boulevard, Riverside, CA 92501
2

$760,000

Sold 11/17/25

5
Bedrooms
4
Bathrooms
2,400
Square Feet
0.2
Acres
a view of a house with a yard and sitting area
3

$1,150,000

Sold 02/03/26

8
Bedrooms
3,000
Square Feet
0.16
Acres
$799,000 | 3755 Brockton Avenue, Riverside, CA 92501
4

$799,000

Sold 06/20/25

6
Bedrooms
4
Bathrooms
Unavailable
Square Feet
0.08
Acres
a front view of a house with a yard
5

$582,500

Sold 07/31/25

3
Bedrooms
2,592
Square Feet
0.16
Acres
a front view of a house with a yard and potted plants
6

$622,500

Sold 08/19/25

4
Bedrooms
2,325
Square Feet
0.09
Acres
7

$750,000

Sold 08/12/25

6
Bedrooms
4
Bathrooms
2,066
Square Feet
0.15
Acres
$787,000 | 1420 Timberlane Drive, Riverside, CA 92506
8

$787,000

Sold 04/20/26

5
Bedrooms
2,714
Square Feet
0.23
Acres
$680,000 | 3647 Elliotta Drive, Riverside, CA 92501
9

$680,000

Sold 09/09/24

5
Bedrooms
4
Bathrooms
2,086
Square Feet
0.29
Acres

Location

Listing Courtesy of Re/Max Partners, Benjamin Rubalcava, DRE #01877582

Sold By Harcourts Prime Properties, Paul Conti, DRE #01007130

Add your commute

Building Information for 1957 Seventh Street

Stories1Residences-Year Built1946Building Size-Lot Size0.20 AC / 8,712 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$3,814 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,202

Property Taxes

$612

HOA Dues

$0

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Property Information for 1957 Seventh Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $42,600
  • Net Operating Income: $20,200
  • Cap Rate: 3.1
  • Financing: Conventional
Expense Details
  • Operating Expense: $22,400
  • New Taxes Expense: $7,500
  • Fuel Expense: $1,500
  • Electric Expense: $4,800
  • Insurance Expense: $2,000
  • Maintenance Expense: $3,000
  • Trash Expense: $1,200
  • Water Sewer Expense: $2,400
  • Total Expenses: $22,400
Tax / Assessment Info
  • Tax Tract Number: 009000
  • Tax Census Tract: 305.03
  • CFD/Mello-Roos Fee: $88
  • Tax Lot: 69
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
  • Heating Type: None
  • Heating: None
  • Heat Equipment: N/K
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Lot Features: Lot 6500-9999
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,100
  • Unit Type Total Rent: $1,100
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 1
Unit 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: $650
  • Unit Type Total Rent: $650
  • Unit Type Pro Forma: 1000
  • Unit Type Type: 2
Unit 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: $800
  • Unit Type Total Rent: $800
  • Unit Type Pro Forma: 1400
  • Unit Type Type: 3
Unit 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: $1,000
  • Unit Type Total Rent: $1,000
  • Unit Type Pro Forma: 1400
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 4
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 1957 Seventh Street

DateEvent & SourcePriceAppreciation
Sep 2, 2022

Sold

CRMLS #IG22122110

$630,000
Sep 2, 2022

Sold

CLAW #IG22122110MR

$630,000
Sep 2, 2022

Sold

SDMLS #IG22122110

$630,000
DateEvent & SourcePrice
09/02/2022

Sold

CRMLS #IG22122110

$630,000
09/02/2022

Sold

CLAW #IG22122110MR

$630,000
09/02/2022

Sold

SDMLS #IG22122110

$630,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1957 Seventh Street

Taxable ValueLand$167,670Additions$500,889Total$668,559
Tax Record2025$7,344 ($612 / month)
Home Facts
Baths2.8Total Finished SqFt1,977 SqFtAbove Grade Finished SqFt1,977 SqFtStories1Lot Size8,712 SqFtStyleTriplexYear Built1946Year Renovated1956ZoningR3CountyRIVERSIDEAPN211-172-009

Schools near 1957 Seventh Street

This home is within Riverside Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Pachappa Elementary School
PublicK to 6

Matthew Gage 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.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1957 Seventh Street, Riverside, CA 92507
$630,000
8
4
2,625
8,712
$685,000
5
3
1,914
6,970
$549,000
8
312
$475,000
8
312
4,875
$180,000
2
1,620
7,405
$120,000
6
6
2,294
7,405

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Re/Max Partners, Benjamin Rubalcava, DRE #01877582

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.