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Distance
Pleased to exclusively present the opportunity to acquire a five-unit multifamily property built in 1962 with 3,264 rentable square feet on 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-story construction. The property has an on-site laundry room, wall-mounted air conditioner & heater units, & each unit is separately metered for gas and electricity. The property 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 affordability compared 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 an attractive opportunity to acquire a stable, well-located multifamily asset positioned for durable income and long-term appreciation.
Turn right onto Iowa Avenue & left onto Sprint Street. The property is on the left side.
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 02, 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 02, 2026 | - |
| 3540 Watkins Drive | 4 | 2 | Jan 28, 2026 | $695,000 | Mar 02, 2026 | - |
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" |
47/100
Walk Score ®
24/100
Transit Score ®
48/100
Bike Score ®
2 nearby routes: 2 bus, 0 rail, 0 other
The average walkability score in the surrounding area is Walk Score: 27/100, Transit Score: 16/100, Bike Score: 36/100.
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370 ft
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792 ft
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0.66 mi
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0.62 mi
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bds • 0 ba • 3264 sqft
1195 W SPRING STREET
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Source: Realty.com
1195 W SPRING STREET, Riverside, CA 92507 is a Multi Family, Residential Income property listed for $965,000 The property is - sq. ft with 5 bedrooms and 4 bathrooms
Realty.com has 4 photos of 1195 W SPRING STREET.
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.
Listing provided courtesy of:
Marcus & Millichap
(tel: 909-456-3400)
Listing agent:
Douglas Mccauley
(tel: 626-695-6776)
(#CR-CV35308)
This content last refreshed on 2026-03-02 06:23:48. 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