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1195 W Spring Street
For Sale $965,000
$965,000
- Unknown Bedrooms
- Unknown Bathrooms
- Unknown Sq Ft
- 9,148 Sq Ft
Description
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.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $965,000 |
| Property Type | Condo/Co-Op |
| Usable Sqft | Unknown |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 1962 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 247105005 |
| MLS # | CV26019641 |
| Property ID | 322546073 |
| Lot Sqft | 9,148 |
| Zoning | Unknown |
| Total Units | 5 |
| Days on Market | 14 |
| Original List Price | $965,000 |
| Date Updated | January 28, 2026 |
| Date Created | January 26, 2026 |
Listing Provided By
Douglas McCauley an agent of MARCUS & MILLICHAP.
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of January 28, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Robert Crawford
REAL ESTATE AGENT