Sold
Last Sold Price
5 beds10 baths2,916 sqft
2851 Mission Inn Ave, Riverside, CA 92507
Multi FamilyProperty Type
0.22 acresLot Size
1920Year Built
$93/sq ftPrice per sq ft
5 carsParking Spaces

Description

Great opportunity for an investor or first time buyer. Newly rehabbed property with single house 2 bedroom 1 bath. Plus 3 units with 1 bedroom, 1 bath, window a/c. Walking distance to schools and stores. Easy access to freeway. Price reduce!Great opportunity for an investor or first time buyer. Newly rehabbed property with single house 2 bedroom 1 bath. Plus 3 units with 1 bedroom, 1 bath, window a/c. Walking distance to schools and stores. Easy access to freeway. Price reduce!
  • Listed by: MARIA KNORR DRE #944373 • PRUDENTIAL CALIF REALTY/RIV
Listing closed: 05/18/2012 12:00 AM • Source: CRMLS, MLS#: I11159896

Recent comparable sales

Median sold price

$890,000

Avg days on market

56

Sale-to-list ratio

96.4%

Riverside, CA

9 comparable properties found

$760,000 | 2789 Fairmount Boulevard, Riverside, CA 92501
1

$760,000

Sold 11/17/25

5
Bedrooms
4
Bathrooms
2,400
Square Feet
0.2
Acres
a front view of a house with swimming pool
2

$810,000

Sold 11/06/24

5
Bedrooms
5
Bathrooms
3,250
Square Feet
0.22
Acres
$1,000,000 | 3469 Lime Street, Riverside, CA 92501
1/3
3

$1,000,000

Sold 08/24/26

5
Bedrooms
5
Bathrooms
2,056
Square Feet
0.09
Acres
a front view of a house with a yard
4

$582,500

Sold 07/31/25

5
Bedrooms
2,884
Square Feet
0.15
Acres
$1,075,000 | 2609 Carlton Place, Riverside, CA 92507
5

$1,075,000

Sold 12/19/25

5
Bedrooms
2,637
Square Feet
0.25
Acres
a front view of a house with a yard
6

$890,000

Sold 09/04/25

5
Bedrooms
2,996
Square Feet
0.22
Acres
a front view of a house with a yard
7

$780,000

Sold 01/03/25

5
Bedrooms
2,500
Square Feet
0.25
Acres
a front view of a house with garden
8

$894,000

Sold 11/26/24

5
Bedrooms
3,328
Square Feet
0.18
Acres
front view of a house with a yard
9

$975,000

Sold 08/19/26

5
Bedrooms
3,177
Square Feet
0.14
Acres

Location

Listing Courtesy of PRUDENTIAL CALIF REALTY/RIV, MARIA KNORR, DRE #944373

Sold By T.N.G. Real Estate Consultants, Nat Ferguson, DRE #01387196

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Principal and Interest

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Property Taxes

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Property Information for 2851 Mission Inn Avenue

Property Details
  • MLS Type: Residential Income
  • Parking Spaces Total: 5
  • Total Units: 4.0
  • Lot Size Source: Owner
  • Living Area: 2916
  • Assessor Parcel Number: 211-082-023
  • Building Area Total: 2916
  • Association: No
  • Association Fee: $.00
  • Senior Community: No
  • Parcel Number: 211082023
  • Area: Riverside (252)
Building Information
  • Stories: 1
  • Year Built: 1920
  • Lot Size: 0.22 AC / 9,696 SF
Income / Expense / Tax Details
Income Details
  • Gross Income: $2,790
  • Gross Scheduled Income: $36,420
  • Net Operating Income: $33,540
  • Gross Multiplier: 8.0
  • Cap Rate: 12.5
  • Financing: Conventional
Expense Details
  • Operating Expense: $2,940
  • New Taxes Expense: $2,500
  • Electric Expense: $0
  • Insurance Expense: $2,000
  • Trash Expense: $1,200
  • Water Sewer Expense: $1,200
Tax / Assessment Info
  • Tax Year: 2011
  • Tax Tract Number: 082
  • Tax Lot: 23
Property / Structure Info
Land/Lot Info
  • Number Of Units: 4
  • Levels: One
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
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 Actual Rent: $950
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $695
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $695
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $695
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 2851 Mission Inn Avenue

DateEvent & SourcePriceAppreciation
May 18, 2012

Sold

CRMLS #I11159896

$270,000
May 18, 2012

Sold

CLAW #I11159896MR

$270,000
May 16, 2012

Sold (Public Record)

Public Record #330472827

$270,000

+41.6% / yr

DateEvent & SourcePrice
05/18/2012

Sold

CRMLS #I11159896

$270,000
05/18/2012

Sold

CLAW #I11159896MR

$270,000
05/16/2012

Sold (Public Record)

Public Record #330472827

$270,000

+41.6% / yr

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

Public Records for 2851 Mission Inn Avenue

Taxable ValueLand$115,297Additions$230,605Total$345,902
Tax Record2025$3,848 ($321 / month)
Home Facts
Total Finished SqFt2,256 SqFtAbove Grade Finished SqFt2,256 SqFtStories1Lot Size9,583 SqFtStyleMulti-Family Res (5+ Units)Year Built1966Year Renovated1966ZoningR1065CountyRIVERSIDEAPN211-082-023

Schools near 2851 Mission Inn Avenue

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
Longfellow Elementary School
PublicK to 6

University Heights Middle School
Public7 to 8

Polytechnic 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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Acres
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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 2851 Mission Inn Avenue, Riverside, CA 92507
$270,000
5
10
2,916
9,696
$363,227
10,019
$285,000
5
1,923
10,019
3,049
$755,000
4
1,861
10,019
10,890

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 PRUDENTIAL CALIF REALTY/RIV, MARIA KNORR, DRE #944373

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.