2642 Lime Street

Closed 8/28/14

Sold

Last Sold Price

$338,000

5 beds3 baths1,645 sqft$205/sqft

2642 Lime St, Riverside, CA 92501

Multi FamilyProperty Type

9,148 sq ftLot Size

1948Year Built

$205/sq ftPrice per sq ft

6 carsParking Spaces

Description

Standard sale. Great 3 unit investment property near downtown riverside. Unit #1 (2646) front detached unit with 2 bedrooms 1 bath, then at the rear of the property is a two story with 2 units. Unit #2 (2642) is a downstairs 1 bedroom 1 bath., and unit #3 (2644) is an upstairs unit with 2 bedrooms 1 bath. 3 garages in the rear of property. Large yard between units allows for great entertaining. Drive by only. Do not disturb tenants. Listing agent will let you know showing times. Buyer to verify square...Standard sale. Great 3 unit investment property near downtown riverside. Unit #1 (2646) front detached unit with 2 bedrooms 1 bath, then at the rear of the property is a two story with 2 units. Unit #2 (2642) is a downstairs 1 bedroom 1 bath., and unit #3 (2644) is an upstairs unit with 2 bedrooms 1 bath. 3 garages in the rear of property. Large yard between units allows for great entertaining. Drive by only. Do not disturb tenants. Listing agent will let you know showing times. Buyer to verify square footage of units. Using county assessor's measurements but property square footage appears to be larger.

Listed by: Sandra Lopez DRE #00900827 • River Walk Realty

Listing closed: 08/28/2014 12:00 AM • Source: CRMLS, MLS#: IG14149343

Recent comparable sales

Median sold price

$665,000

Avg days on market

Sale-to-list ratio

97.9%

$725,000

Sold 07/31/26

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Bedrooms: 3
Bathrooms: 1,781
Square Feet: 0.18
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Acres

3276 Lime Street, Riverside, CA 92501

$603,500

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Square Feet: 0.06
Acres

1793 Agrigento Avenue, Riverside, CA 92507

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Bathrooms: 2,400
Square Feet: 0.2
Acres

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Location

Listing Courtesy of River Walk Realty, Sandra Lopez, DRE #00900827

Sold By Pacific Avenue Realty, Prashant Sampat, DRE #01916221

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$2,201 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,718

Property Taxes

$483

HOA Dues

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Property Information for 2642 Lime Street

Property Details

MLS Type: Residential Income
County: Riverside County
Parking Spaces Total: 6
Private Pool: No
Total Units: 3.0
Building Type: Detached
Lot Size Source: Assessor
Living Area: 1645
Assessor Parcel Number: 209-142-012
Property Attached YN: false
Common Walls: No Common Walls
Building Area Total: 1645
Pool: No
Association: No
Association Fee: $.00
Parcel Number: 209142012
Area: Riverside (252)

Building Information

Stories: 2
Year Built: 1948
Lot Size: 0.21 AC / 9,148 SF

Rental Info

Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Income / Expense / Tax Details

Income Details

Gross Income: $2,685
Gross Scheduled Income: $32,220

Net Operating Income: $26,003
Financing: Cash

Expense Details

Operating Expense: $6,217
New Taxes Expense: $2,552

Insurance Expense: $905
Trash Expense: $0
Water Sewer Expense: $2,760

Tax / Assessment Info

Tax Year: 2013
Tax Tract Number: MB008

Tax Lot: 22

Community / Development

Community Features: Curbs

Property / Structure Info

Exterior Features

Pool Features: None
Pool Description: None

Land/Lot Info

Lot Features: Back Yard, Front Yard, Lawn, Rectangular Lot, Lot 6500-9999
Number Of Units: 3

Road Frontage Type: Alley, City Street
Levels: Two
Water: District
Sewer: In Connected and Paid
Utilities: Sewer Connected
Water Source: Public

Parking Info

Garage Spaces: 3
Parking: Yes

Parking Garage: Assigned
Parking Garage Spaces: 3
Carport Spaces: 0
Parking Features: Assigned

Unit Information

Unit 1

Unit Type Units Total: 1
Unit Type Beds Total: 2

Unit Type Baths Total: 1
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 1
Unit Type Garage Attached: No
Unit Type Actual Rent: $995
Unit Type Total Rent: $995
Unit Type Pro Forma: 995
Unit Type Area Units: Square Feet
Unit Type Type: 1

Unit 2

Unit Type Units Total: 1
Unit Type Beds Total: 2

Unit Type Baths Total: 1
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 1
Unit Type Garage Attached: No
Unit Type Actual Rent: $895
Unit Type Total Rent: $895
Unit Type Pro Forma: 895
Unit Type Area Units: Square Feet
Unit Type Type: 2

Unit 3

Unit Type Units Total: 1
Unit Type Beds Total: 1

Unit Type Baths Total: 1
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 1
Unit Type Garage Attached: Yes
Unit Type Actual Rent: $795
Unit Type Total Rent: $795
Unit Type Pro Forma: 795
Unit Type Area Units: Square Feet
Unit Type Type: 3

Unit Information

Rent Controlled: No
Number Of Buildings: 2

Number Of Separate Electric Meters: 3
Number Of Separate Gas Meters: 3
Number Of Separate Water Meters: 1

Property History for 2642 Lime Street

Date	Event & Source	Price	Appreciation
Aug 28, 2014	Sold CLAW #IG14149343MR	$338,000	—
Aug 28, 2014	Sold CRMLS #IG14149343	$338,000	—
Aug 5, 2014	Sold (Public Record) Public Record #433729457	$338,000	+16.0% / yr
Jul 24, 2014	Pending CRMLS #IG14149343		—
Jul 24, 2014	Pending CLAW #IG14149343MR		—
Jul 14, 2014	Listed (Active) CRMLS #IG14149343	$380,000	—
Jul 14, 2014	Listed (Active) CLAW #IG14149343MR	$380,000	—
Nov 22, 2011	Sold CRMLS #I11105136	$224,500	—
Nov 22, 2011	Sold CLAW #I11105136MR	$224,500	—
Nov 2, 2011	Sold (Public Record) Public Record #319426090	$224,500	+0.5% / yr
Oct 25, 2011	Pending CLAW #I11105136MR		—
Oct 25, 2011	Pending CRMLS #I11105136		—
Oct 13, 2011	Listed (Active) CLAW #I11105136MR	$224,700	—
Aug 9, 2011	Listed (Active) CRMLS #I11105136	$224,700	—
Mar 27, 2003	Sold CRMLS #I311753	$215,000	—
Mar 27, 2003	Sold CLAW #I311753MR	$215,000	—
Mar 27, 2003	Pending CRMLS #I311753		—
Mar 27, 2003	Pending CLAW #I311753MR		—
Mar 27, 2003	Listed (Active) CRMLS #I311753	$215,000	—
Mar 27, 2003	Listed (Active) CLAW #I311753MR	$215,000	—
Mar 21, 2003	Sold (Public Record) Public Record #109746377	$215,000	—

Date	Event & Source	Price
08/28/2014	Sold CLAW #IG14149343MR	$338,000
08/28/2014	Sold CRMLS #IG14149343	$338,000
08/05/2014	Sold (Public Record) Public Record #433729457	$338,000 +16.0% / yr
07/24/2014	Pending CRMLS #IG14149343	—
07/24/2014	Pending CLAW #IG14149343MR	—
07/14/2014	Listed (Active) CRMLS #IG14149343	$380,000
07/14/2014	Listed (Active) CLAW #IG14149343MR	$380,000
11/22/2011	Sold CRMLS #I11105136	$224,500
11/22/2011	Sold CLAW #I11105136MR	$224,500
11/02/2011	Sold (Public Record) Public Record #319426090	$224,500 +0.5% / yr
10/25/2011	Pending CLAW #I11105136MR	—
10/25/2011	Pending CRMLS #I11105136	—
10/13/2011	Listed (Active) CLAW #I11105136MR	$224,700
08/09/2011	Listed (Active) CRMLS #I11105136	$224,700
03/27/2003	Sold CRMLS #I311753	$215,000
03/27/2003	Sold CLAW #I311753MR	$215,000
03/27/2003	Pending CRMLS #I311753	—
03/27/2003	Pending CLAW #I311753MR	—
03/27/2003	Listed (Active) CRMLS #I311753	$215,000
03/27/2003	Listed (Active) CLAW #I311753MR	$215,000
03/21/2003	Sold (Public Record) Public Record #109746377	$215,000

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

Public Records for 2642 Lime Street

Taxable ValueLand$131,384Additions$395,260Total$526,644

Tax Record2025$5,800 ($483 / month)

Home Facts

Baths3Total Finished SqFt1,645 SqFtAbove Grade Finished SqFt1,645 SqFtStories2Lot Size9,583 SqFtStyleTriplexYear Built1948Year Renovated1953ZoningR2CountyRIVERSIDEAPN209-142-012

Schools near 2642 Lime Street

This home is within Riverside Unified School District.


Rating	School	Type	Grades	Distance
5/10	Fremont Elementary School	Public - Serves this home	K to 6	0.5 mi
4/10	Central Middle School	Public - Serves this home	7 to 8	1.8 mi
6/10	Polytechnic High School	Public - Serves this home	9 to 12	2.6 mi
7/10	Riverside Virtual School	Public - Nearby school	K to 12	1.3 mi
2/10	Abraham Lincoln Continuation School	Public - Choice school	9 to 12	1.4 mi
6/10	REACH Leadership STEAM Academy	Charter - Choice school	K to 6	1.8 mi


Rating	School	Distance
5/10	Fremont Elementary School PublicK to 6 Serves this home	0.5 mi
4/10	Central Middle School Public7 to 8 Serves this home	1.8 mi
6/10	Polytechnic High School Public9 to 12 Serves this home	2.6 mi
7/10	Riverside Virtual School PublicK to 12 Nearby school	1.3 mi
2/10	Abraham Lincoln Continuation School Public9 to 12 Choice school	1.4 mi
6/10	REACH Leadership STEAM Academy CharterK to 6 Choice school	1.8 mi

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

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 2642 Lime Street, Riverside, CA 92501	$338,000	5	3	1,645	9,148
2626 Lime Street, Riverside, CA 92501	–	1	1	865	8,712
2650 Lime Street, Riverside, CA 92501	–	2	1	962	8,276
2676 Lime Street, Riverside, CA 92501	$91,500	2	1	944	6,534
2610 Lime Street, Riverside, CA 92501	–	3	1.75	1,614	6,534
3361 Poplar Street, Riverside, CA 92501	$129,000	2	1	823	5,662
2590 Lime Street, Riverside, CA 92501	$275,000	2	2	590	6,534
2592 Lime Street, Riverside, CA 92501	$355,000	3	2	950	5,663
2692 Lime Street, Riverside, CA 92501	–	3	1	1,200	6,098
2643 Mulberry Street, Riverside, CA 92501	$680,000	6	2	1,989	9,148
2659 Mulberry Street, Riverside, CA 92501	$160,000	3	1	900	9,148
2675 Mulberry Street, Riverside, CA 92501	–	2	1	808	9,583
2625 Mulberry Street, Riverside, CA 92501	$143,625	3	1	1,252	9,147
2576 Lime Street, Riverside, CA 92501	$800,000	4	4	1,980	10,019
2576-2578 Lime Street, Riverside, CA 92501	$600,000	2	4	1,980	10,019
2609 Mulberry Street, Riverside, CA 92501	–	4	2	1,786	9,583

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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 River Walk Realty, Sandra Lopez, DRE #00900827

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.

Riverside, CA

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