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1754 7th Street
Riverside, CA 92507
Sold
A multifamily opportunity to acquire this 2-Unit duplex property. 1754 7th Street is situated on Seventh Street between Mesa Street and Chicago Avenue. The property is surrounded by new developments and is conveniently located near the 91, 60 and 215 freeways connecting to all of San Bernardino, Orange, and Los Angeles Counties. 1754 7th Street is within walking distance to Walgreens, Food4Less, Dollar Tree, Planet Fitness, McDonalds, Burger King and El Pollo Loco with access to many retail centers with popular shops and restaurants within a quick five-minute drive. 1754 7th Street is located in the heart of Riverside near Downtown and nearby the UCR, John W North High School, Riverside City College, Riverside Community Hospital and the Riverside Metrolink Rail Station. Significant local amenities include, Castle Amusement Park, Victoria Gardens, Riverside Art Museum, the historic Mission Inn Hotel & Spa, and UC Riverside Botanic Gardens all within a close 20-mile proximity. Health care, Retail Trade, Social Assistance and Construction industries are the top economic drivers of the Riverside’s economy and has shown steady growth over the past 10 years. The Inland Empire Ranks in the Top 10 in the U.S. for Annual Rent Growth & Lowest Vacancy Rate. The Inland Empire region attracts a strong working-class demographic and ideal for long-term renters. 1754 7th Street is a prime property and a great long-term investment. The property offers stability for any type of investor whether it may be a first-time purchaser, seasoned investor, or those seeking a 1031 exchange opportunity.
PROPERTY INFORMATION
| MLS # | CV23030003 | Lot Size | 9,583 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Duplex |
| Price | $ 450,000
Price Per SqFt: $ 565 |
DOM | 836 Days |
| Address | 1754 7th Street | Type | Residential |
| City | Riverside | Sq.Ft. | 796 Sq. Ft. |
| Postal Code | 92507 | Garage | 1 |
| County | Riverside | Year Built | 1941 |
| Bed / Bath | 2 / 1 | Parking | 4 |
| Built In | 1941 | Status | Closed |
| Sold Date | 2023-04-26 |
INTERIOR FEATURES
| Has Laundry | No |
| Laundry Information | None |
| Has Fireplace | No |
| Fireplace Information | None |
| Has Heating | Yes |
| Heating Information | Wall Furnace |
| Room Information | All Bedrooms Down |
| Has Cooling | Yes |
| Cooling Information | Wall/Window Unit(s) |
| Has Spa | No |
| SpaDescription | None |
| Main Level Bedrooms | 2 |
| Main Level Bathrooms | 1 |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $480
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 04/26/2023 | Sold | $400,000 |
| 03/20/2023 | Pending | $450,000 |
| 03/14/2023 | Active Under Contract | $450,000 |
| 02/21/2023 | Listed | $450,000 |
Topfind Realty
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(844)-333-8033
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Listing provided courtesy of ERIC CHEN, CB RICHARD ELLIS. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
