$965,000
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1195 W Spring Street, Riverside, CA 92507

5 Beds
4 Baths
- Sq Ft

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.

  • MLS# CV26019641
  • Date Listed01/26/2026
  • Days on Realty 35 Days
  • Bedrooms 5
  • Bathrooms 4 baths
  • Lot Size 0.21 acres (9,147 sq. ft)
  • County Riverside

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 0.21
  • Lot Size SQFT 9,147.00
  • Lot Features -

Financial Considerations


Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in CA / 92507

Source: Walkscore

47/100

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.

Points of Interest near 1195 W SPRING STREET, Riverside, CA 92507

Frequently Asked Questions for 1195 W SPRING STREET

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