Sold
Last Sold Price
4 beds2 baths1,346 sqft

2937 Chestnut St, Riverside, CA 92501

Multi FamilyProperty Type
0.16 acresLot Size
1906Year Built
$233/sq ftPrice per sq ft
2 carsParking Spaces

Description

Duplex in the heart of downtown Riverside, just blocks away from Fairmount Park, Lake Evans, and the Santa Ana Riverside Trail. Conveniently located within one mile of the Mission Inn, Justice Center, both the 91 and 60 Freeway, and the downtown Metrolink station. Great income potential and pick your own tenant.Duplex in the heart of downtown Riverside, just blocks away from Fairmount Park, Lake Evans, and the Santa Ana Riverside Trail. Conveniently located within one mile of the Mission Inn, Justice Center, both the 91 and 60 Freeway, and the downtown Metrolink station. Great income potential and pick your own tenant.
  • Listed by: BRENT LEE DRE #01292311 Brokerage DRE #01911364 • WINDERMERE R.E. TOWER PROP.
  • Listed by: LAUREN LEE DRE #01937725 Brokerage DRE #01911364 • WINDERMERE R.E. TOWER PROP.
Listing closed: 06/14/2017 12:00 AM • Source: CRMLS, MLS#: IV17101532
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Recent comparable sales

Median sold price

$589,000

Avg days on market

32

Sale-to-list ratio

99.1%

Riverside, CA

9 comparable properties found

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1

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Sold 10/27/25

4
Bedrooms
1,508
Square Feet
0.15
Acres
$640,000 | 2735 Brockton Avenue, Riverside, CA 92501
2

$640,000

Sold 07/14/26

4
Bedrooms
1,423
Square Feet
0.29
Acres
$610,000 | 2715 Brockton Avenue, Riverside, CA 92501
3

$610,000

Sold 09/18/26

4
Bedrooms
1,401
Square Feet
0.29
Acres
a front view of a house with a garden and yard
4

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Sold 10/22/25

4
Bedrooms
1,505
Square Feet
0.18
Acres
$639,000 | 4665 La Paz Lane, Riverside, CA 92501
5

$639,000

Sold 10/21/25

4
Bedrooms
1,505
Square Feet
0.19
Acres
$191,000 | 3825 Crestmore Road, Unit 494, Riverside, CA 92509
6

$191,000

Sold 04/29/26

4
Bedrooms
1,512
Square Feet
Unavailable
Acres
a view of a house with a yard
7

$535,000

Sold 12/08/25

4
Bedrooms
1,323
Square Feet
0.14
Acres
8

$453,000

Sold 06/02/26

4
Bedrooms
2
Bathrooms
1,433
Square Feet
0.17
Acres
$589,000 | 1498 Powell Way, Riverside, CA 92501
9

$589,000

Sold 11/10/25

4
Bedrooms
1,230
Square Feet
0.15
Acres

Location

Listing Courtesy of WINDERMERE R.E. TOWER PROP., BRENT LEE, DRE #01292311; WINDERMERE R.E. TOWER PROP., LAUREN LEE, DRE #01937725

Sold By Keller Williams-Santa Monica, Arthur Toye, DRE #00874292

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Principal and Interest

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Property Taxes

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Property Information for 2937 Chestnut Street

Property Details

  • MLS Type: Residential Income
  • Architectural Style: Bungalow
  • View: Neighborhood
  • Parking Spaces Total: 2
  • Private Pool: No
  • Total Units: 2.0
  • Building Type: Attached
  • Lot Size Source: Assessor
  • Living Area: 1346
  • Assessor Parcel Number: 209-191-007
  • Property Attached YN: true
  • Common Walls: 1 Common Wall
  • 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: 1346
  • Building Area Units: Square Feet
  • Stories Total: 1
  • Pool: No
  • Spa: No
  • View: Yes
  • View: Yes
  • Zoning: R1065
  • Senior Community: No
  • Parcel Number: 209191007
  • Area: Riverside (252)
  • Directions: Market Street to First Street. Between Houghton and Crescent.

Building Information

  • Stories: 1
  • Year Built: 1906
  • Lot Size: 0.16 AC / 6,970 SF

Income / Expense / Tax Details

Income Details
  • Gross Income: $5,400
  • Gross Scheduled Income: $28,800
  • Net Operating Income: $20,960
  • Financing: Cash
Expense Details
  • Operating Expense: $2,400
  • New Taxes Expense: $0
  • Gardener Expense: $100
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $1,200
  • Total Expenses: $2,400
Tax / Assessment Info
  • Tax Tract Number: 122
  • Tax Census Tract: 302.00
  • Tax Lot: 6

Community / Development

Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Suburban

Property / Structure Info

Interior Features
  • Heating Type: None
  • Heating: None
  • Heat Equipment: N/K
Exterior Features
  • Roof: Composition
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Landscaped, Lawn, Lot 6500-9999, Level
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Levels: One
  • Water: Meter on Property
  • Sewer: Sewer Paid
  • Sewer/Septic: Sewer Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Garage - 2 Car
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Garage Faces Rear, Garage - Two Door

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: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $450
  • Unit Type Total Rent: $450
  • Unit Type Pro Forma: 1200
  • 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: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 1200
  • Unit Type Type: 2
Unit 3
  • Unit Type Type: 3
Unit 4
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 1
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 2937 Chestnut Street

DateEvent & SourcePriceAppreciation
Jun 14, 2017

Sold

CRMLS #IV17101532

$313,000—
Jun 14, 2017

Sold

SDMLS #IV17101532

$313,000—
Jun 14, 2017

Sold

CLAW #IV17101532MR

$313,000—
DateEvent & SourcePrice
06/14/2017

Sold

CRMLS #IV17101532

$313,000
06/14/2017

Sold

SDMLS #IV17101532

$313,000
06/14/2017

Sold

CLAW #IV17101532MR

$313,000

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

Public records

2937 Chestnut Street

Beds

4

Baths

2

Total Finished SqFt

1,346 SqFt

Above Grade Finished SqFt

1,346 SqFt

Stories

1

Lot Size

6,969 SqFt

Schools near 2937 Chestnut 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 - K to 12
Rating
School
Distance
Bryant Elementary School
PublicK to 6

Central Middle School
Public7 to 8

Polytechnic High School
Public9 to 12

Riverside Virtual School
PublicK 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: 2937 Chestnut Street, Riverside, CA 92501
$313,000
4
2
1,346
6,970
$334,000
3
1,481
6,970
–
2
1
1,328
7,841
$205,000
3
1
1,334
6,534
–
4
1.5
1,800
13,068
–
3
1.75
1,268
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 WINDERMERE R.E. TOWER PROP., BRENT LEE, DRE #01292311; WINDERMERE R.E. TOWER PROP., LAUREN LEE, DRE #01937725

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.