$885,000
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1195 W Spring Street, Riverside, CA 92507

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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.

Listing By: Douglas McCauley - MARCUS & MILLICHAP casmls-r Realty.com
  • MLS# CV26019641
  • Date Listed01/27/2026
  • Days on Realty 199 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 -

Directions

Turn right onto Iowa Avenue & left onto Sprint Street. The property is on the left side.

Financial Considerations

Schools near 92507

Explore the local neighborhood highlights and top-rated schools near 92507 in Riverside, CA.

Nearby Schools

Source: School Digger

Highgrove Elementary School

Public • PK - 6 • Serves this home

1.01 mi

Distance

Fremont Elementary School

Public • PK - 6

2.22 mi

Distance

Patricia Beatty Elementary School

Public • PK - 6

2.94 mi

Distance

Reach Leadership Academy

Public • PK - 6

3.25 mi

Distance

Highland Elementary School

Public • PK - 6

3.31 mi

Distance

Terrace View Elementary School

Public • PK - 6

3.61 mi

Distance

Longfellow Elementary School

Public • PK - 6

3.73 mi

Distance

Emerson Elementary School

Public • PK - 6

4.36 mi

Distance

Preschool Grasp

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

Terrace Hills Middle School

Public • 7 - 8

2.91 mi

Distance

Riverside Stem Academy

Public • 5 - 12

4.84 mi

Distance

Central Middle School

Public • 7 - 8

5.5 mi

Distance

Washington High School

Public • 7 - 12

6.22 mi

Distance

Flabob Airport Preparatory Academy

Public • 6 - 12

6.39 mi

Distance

Joe Baca

Public • 7 - 8

6.75 mi

Distance

Colton Middle School

Public • 7 - 8

6.8 mi

Distance

Mission Middle School

Public • 7 - 8

6.93 mi

Distance

William G. Jehue Middle School

Public • 6 - 8

7.02 mi

Distance

Grand Terrace High School

Public • 9 - 12 • Serves this home

1.01 mi

Distance

John W. North High School

Public • 9 - 12

3.4 mi

Distance

Riverside County Youthbuild

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

Colton High School

Public • 9 - 12

5.81 mi

Distance

Polytechnic High School

Public • 9 - 12

6.8 mi

Distance

Bloomington High School

Public • 9 - 12

7.65 mi

Distance

Canyon Springs High School

Public • 9 - 12

8.33 mi

Distance

Sierra School Of East Valley

Private • KG - 12

4.42 mi

Distance

The Rock Christian School

Private • KG - 12

6.77 mi

Distance

Precious Hearts Academy

Private • KG - 12

7.01 mi

Distance

Allegiant Christian School

Private • KG - 12

7.16 mi

Distance

Lighthouse Christian Academy

Private • KG - 12

7.62 mi

Distance

Liberty Christian Academy

Private • KG - 12

7.74 mi

Distance

Loma Linda Academy

Private • PK - 12

8.04 mi

Distance

Notre Dame High School

Private • 09 - 12

8.1 mi

Distance

Truth Tabernacle Christian Academy

Private • KG - 12

9.04 mi

Distance

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for 92507

Discover key demographics, population statistics, and environmental insights for the Riverside, CA area.

Population & Environment

Source: Sperling's Best Places

Walkability in CA / 92507

Source: Walk Score

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

List Price decreased from $920,000 to $885,000
Agent added 1 new photo to the listing
4 → 5 photos
List Price decreased from $965,000 to $920,000

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 in Riverside, CA 92507 is a multi family listed at $885,000. Highlights include 5 bedrooms, 4 bathrooms, 0.21 acre lot. Realty.com has 5 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 5 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 Tue January 27, 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) (#CR-CV35308)

This content last refreshed on 2026-08-14 08:36:24. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.