Listed by: MICHAEL BULAT, Berkshire Hathaway Homeservices California Realty
$385,000
●
House -
Off Market
2132 Georgia Street
Riverside, CA 92507
3 Beds
1 Bath
960 Ft²
$1,719
Est. Monthly
About This Property
Investor's Dream! A Hidden Gem Awaiting Transformation.
This charming 1953-built home offers incredible potential to become a stunning property with the right vision and work. Perfect for investors or those looking for a renovation project, this extraordinarily functional 3-bedroom, 1-bathroom home boasts 960 square feet of living space, plus additional bonus rooms/Dens for even more flexibility. While the home does require a considerable amount of TLC, the possibilities are endless.
The interior does contain a variety of items that will need to be cleared out, but the home features a tankless water heater and a sauna room, adding extra value and appeal. This is a great opportunity for those willing to invest time and effort into bringing this home back to life.
Don't miss out on the chance to transform this property into something truly special!
This charming 1953-built home offers incredible potential to become a stunning property with the right vision and work. Perfect for investors or those looking for a renovation project, this extraordinarily functional 3-bedroom, 1-bathroom home boasts 960 square feet of living space, plus additional bonus rooms/Dens for even more flexibility. While the home does require a considerable amount of TLC, the possibilities are endless.
The interior does contain a variety of items that will need to be cleared out, but the home features a tankless water heater and a sauna room, adding extra value and appeal. This is a great opportunity for those willing to invest time and effort into bringing this home back to life.
Don't miss out on the chance to transform this property into something truly special!
Unit Size
960 Ft²
Days on Market
24 days
Land Size
0.16 acres
Price per sqft
$365
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1953
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (CRMLS #IG25042180)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 21, 2025 | Sold | ||
| Sold | |||
| Feb 25, 2025 | Listed by Berkshire Hathaway Homeservices California Realty | $350,000 | |
| Listed by Berkshire Hathaway Homeservices California Realty | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Eastside
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Listed by: MICHAEL BULAT, Berkshire Hathaway Homeservices California Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IG25042180
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IG25042180
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