$585,000
●
House -
Off Market
2385 Prospect Avenue
Riverside, CA 92507
3 Beds
1 Bath
1,316 Ft²
$2,937
Est. Monthly
About This Property
The property at 2385 Prospect Avenue is located in Riverside,
California, within the East Riverside neighborhood. This
single-family home offers 3 bedrooms and 2 bathrooms, encompassing
approximately 1,316 square feet of living space. The house has 90%
remodeling completed and the house has all new appliances in the
kitchen. Bathrooms redone and new enhanced flooring .The East
Riverside area is known for its residential character and proximity
to various amenities. Residents enjoy access to local parks,
shopping centers, and dining options. University of California,
Riverside (UCR):Located approximately 2 miles from AS-IS.
Swimming pool is redone.
Unit Size
1,316 Ft²
Days on Market
62 days
Land Size
0.18 acres
Price per sqft
$454
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1974
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Cap Rate
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: 8 months ago (CLAW #25496375)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 15, 2025 | Sold | ||
| Sold | |||
| Feb 12, 2025 | Listed by Landrus S. Clark | $598,000 | |
| Listed by Landrus S. Clark | |||
| | |||
|
The property at 2385 Prospect Avenue is located in Riverside, California, within the East Riverside neighborhood. This single-family home offers 3 bedrooms and 2 bathrooms, encompassing approximately 1,316 square feet of living space. The house has 90% remodeling completed and the house has all new appliances in the kitchen. Bathrooms redone and new enhanced flooring .The East Riverside area is known for its residential character and proximity to various amenities. Residents enjoy access to local parks, shopping centers, and dining options. University of California, Riverside (UCR):Located approximately 2 miles from AS-IS. Swimming pool is redone.
| |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
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Price/ft²
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Sold On
Sold On
HOA + Taxes
About Eastside
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Listed by: Landrus Clark, Landrus S. Clark
Last Updated: 8 months ago
Data Source: CRMLS, MLS# 25496375
Last Updated: 8 months ago
Data Source: CRMLS, MLS# 25496375
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