Pleased to exclusively present the opportunity to acquire a five-unit multifamily property built in 1962 with 3,264 rentable square feeton 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-storyconstruction.The property has an on-site laundry room, wall-mounted air conditioner & heater units, & each unit is separately metered for gas and electricity. Theproperty 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 affordabilitycompared 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 anattractive opportunity to acquire a stable, well-located multifamily asset positioned for durable income and long-term appreciation.
- MLS# CV26019641
- Date Listed01/26/2026
- Days on Realty 48 Days
- Bedrooms -
- Bathrooms
- Lot Size 0.21 acres (9,148 sq. ft)
- Sewer Septic Tank
- Property Type Apartment
- County Riverside
- Year Built 1962
- Water Public
- Square Feet 3,264 sq. ft
- Price Per Sq. Ft $295.65
Exterior / Lot Features
- Roof -
- Lot Size Acres 0.21
- Lot Size SQFT 9,147.60
- Lot Features -
Directions
Turn right onto Iowa Avenue & left onto Sprint Street. The property is on the left side.
Financial Considerations
Nearby Schools
Source: School Digger
Public • PK - 6 • Serves this home
1.01 mi
Distance
University Heights Middle School
Public • 7 - 8 • Serves this home
2.25 mi
Distance
Public • 9 - 12 • Serves this home
1.01 mi
Distance
Public • PK - 6 • Serves this home
1.01 mi
Distance
Public • PK - 6
2.22 mi
Distance
Patricia Beatty Elementary School
Public • PK - 6
2.94 mi
Distance
Public • PK - 6
3.25 mi
Distance
Public • PK - 6
3.31 mi
Distance
Terrace View Elementary School
Public • PK - 6
3.61 mi
Distance
Public • PK - 6
3.73 mi
Distance
Public • PK - 6
4.36 mi
Distance
Public • PK - PK
4.77 mi
Distance
Riverside County Community School
Public • 1 - 12
4.77 mi
Distance
University Heights Middle School
Public • 7 - 8 • Serves this home
2.25 mi
Distance
Public • 7 - 8
2.91 mi
Distance
Public • 5 - 12
4.84 mi
Distance
Public • 7 - 8
5.5 mi
Distance
Public • 7 - 12
6.22 mi
Distance
Flabob Airport Preparatory Academy
Public • 6 - 12
6.39 mi
Distance
Public • 7 - 8
6.75 mi
Distance
Public • 7 - 8
6.8 mi
Distance
Public • 7 - 8
6.93 mi
Distance
William G. Jehue Middle School
Public • 6 - 8
7.02 mi
Distance
Public • 9 - 12 • Serves this home
1.01 mi
Distance
Public • 9 - 12
3.4 mi
Distance
Public • 10 - 13
4.77 mi
Distance
Abraham Lincoln Continuation High School
Public • 10 - 12
5.01 mi
Distance
Gateway College And Career Academy
Public • 9 - 12
5.5 mi
Distance
Public • 9 - 12
5.81 mi
Distance
Public • 9 - 12
6.8 mi
Distance
Public • 9 - 12
7.65 mi
Distance
Public • 9 - 12
8.33 mi
Distance
Private • KG - 12
4.42 mi
Distance
Private • KG - 12
6.77 mi
Distance
Private • KG - 12
7.01 mi
Distance
Private • KG - 12
7.16 mi
Distance
Private • KG - 12
7.62 mi
Distance
Private • KG - 12
7.74 mi
Distance
Private • PK - 12
8.04 mi
Distance
Private • 09 - 12
8.1 mi
Distance
Truth Tabernacle Christian Academy
Private • KG - 12
9.04 mi
Distance
Sales & Tax History
Source: Public Records
| Street Address | Beds | Baths | Sold Date | List Price | Valuation Date | Valuation Price |
|---|---|---|---|---|---|---|
| 1670 Edmon Way | Listing | 3 | 3 | Feb 27, 2026 | $389,000 | Mar 21, 2024 | $570,750 |
| 3385 Inverness Street | 4 | 2 | Jan 28, 2026 | $429,900 | Mar 15, 2026 | - |
| 228 Prospect Avenue | Listing | 3 | 2 | Feb 27, 2026 | $319,900 | Feb 16, 2024 | $515,400 |
| 810 Kentwood Drive | Listing | 4 | 3 | Jan 29, 2026 | $629,000 | Feb 23, 2024 | $651,495 |
| 4337 Houghton Avenue | Listing | 3 | 2 | Feb 20, 2026 | $585,000 | Mar 21, 2024 | $581,750 |
| 12225 Michigan Street | Listing | 4 | 2 | Jan 27, 2026 | $637,000 | Mar 21, 2024 | $620,463 |
| 2660 Maryknoll Drive | Listing | 5 | 4 | Jan 28, 2026 | $669,900 | Jun 25, 2024 | $699,262 |
| 765 Spruce | Listing | 4 | 2 | Jan 29, 2026 | $550,000 | Feb 23, 2024 | $588,500 |
| 22750 Lark Street | 4 | 3 | Feb 10, 2026 | $659,000 | Mar 15, 2026 | - |
| 3950 Witt Avenue | 3 | 1 | Feb 24, 2026 | $307,000 | Mar 15, 2026 | - |
Population & Environment
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 63,864 | 324,101 | 2,509,689 | 335,858,263 |
| Population Density | 2,995 | 3,992 | 348 | 95 |
| People per Household | 2.9 | 3.2 | 3.2 | 2.6 |
| Median Age | 29.3 | 33.8 | 36.3 | 39.1 |
| Median Income | $58,564 | $71,599 | $70,543 | $66,222 |
| Average Income | $23,905 | $27,391 | $29,227 | $35,475 |
| Cost of Living Index | 109 | 127 | 126 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | 42°F | 42.7°F | 38.4°F | 22.6°F |
| July Avg. High Temp | 93.5°F | 94.1°F | 97.8°F | 86.2°F |
| Annual Precipitation | 10.67" | 10.22" | 12.55" | 38" |
45/100
Car-Dependent
Walk Score ®
24/100
Minimal Transit
Transit Score ®
48/100
Bikable
Bike Score ®
Overview
Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.
Transit Summary
2 nearby routes: 2 bus, 0 rail, 0 other
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 27/100, Transit Score: 16/100, Bike Score: 36/100.
Property Change History
View Changes
Previous Description:
Updated Description:
Points of Interest near 1195 W SPRING STREET, Riverside, CA 92507
0.23 mi
Distance
0.24 mi
Distance
0.26 mi
Distance
0.36 mi
Distance
0.49 mi
Distance
0.49 mi
Distance
0.49 mi
Distance
370 ft
Distance
0.41 mi
Distance
0.66 mi
Distance
0.66 mi
Distance
0.67 mi
Distance
792 ft
Distance
0.35 mi
Distance
0.38 mi
Distance
0.4 mi
Distance
0.66 mi
Distance
0.66 mi
Distance
0.41 mi
Distance
0.62 mi
Distance
0.54 mi
Distance
0.64 mi
Distance
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Frequently Asked Questions for 1195 W SPRING STREET
Source: Realty.com
1195 W SPRING STREET, Riverside, CA 92507 is a Apartment, Residential Income property listed for $965,000 The property is 3264 sq. ft with - bedrooms and 0 bathrooms
Realty.com has 4 photos of 1195 W SPRING STREET.
Our records indicate that 1195 W SPRING STREET was built in 1962.
The full address for this home is 1195 W SPRING STREET, Riverside, CA 92507.
1195 W SPRING STREET has been listed on Realty.com since Mon January 26, 2026
Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 27/100, Transit Score: 16/100, Bike Score: 36/100.
There are 3 schools assigned to this home. Check out the schools near 1195 W SPRING STREET. Highgrove Elementary School (Grades: PK - 6), University Heights Middle School (Grades: 7 - 8), Grand Terrace High School (Grades: 9 - 12)
Listing provided courtesy of:
Marcus & Millichap
(tel: 909-456-3400)
Listing agent:
Douglas Mccauley
(tel: 626-695-6776)
(#CV35308)
This content last refreshed on 2026-03-15 11:12:27. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 1195 W SPRING STREET, Riverside, CA 92507 : MLS# CV26019641