$695,000
●
House -
Off Market
2942 Sandberg Street
Riverside, CA 92506
3 Beds
2 Baths
1,654 Ft²
$3,437
Est. Monthly
About This Property
*Active Under Contract, accepting back up offers. *
2942 Sandberg St is a charming single-family home located in the desirable Victoria neighborhood of Riverside, CA. Built in 1955, this 3-bedroom, 2-bathroom residence spans 1,654 square feet and sits on an 8,712 square foot lot, offering a spacious backyard perfect for outdoor activities. The home features a generous floor plan with ample natural light, creating a warm and inviting atmosphere. Nestled in a tree-lined neighborhood known for its historic charm, this property provides a tranquil setting while being close to top-rated schools, shopping, dining, and recreational spots like Fairmount Park and Mount Rubidoux. With its blend of classic architecture and modern conveniences, this home is an excellent opportunity for anyone seeking comfort and community in one of Riverside's most sought-after areas.
2942 Sandberg St is a charming single-family home located in the desirable Victoria neighborhood of Riverside, CA. Built in 1955, this 3-bedroom, 2-bathroom residence spans 1,654 square feet and sits on an 8,712 square foot lot, offering a spacious backyard perfect for outdoor activities. The home features a generous floor plan with ample natural light, creating a warm and inviting atmosphere. Nestled in a tree-lined neighborhood known for its historic charm, this property provides a tranquil setting while being close to top-rated schools, shopping, dining, and recreational spots like Fairmount Park and Mount Rubidoux. With its blend of classic architecture and modern conveniences, this home is an excellent opportunity for anyone seeking comfort and community in one of Riverside's most sought-after areas.
Unit Size
1,654 Ft²
Days on Market
77 days
Land Size
0.19 acres
Price per sqft
$423
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1955
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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: 2 years ago (CRMLS #OC25054788)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 30, 2025 | Sold | ||
| Sold | |||
| Mar 4, 2025 | Listed by PPF Realty | $699,900 | |
| Listed by PPF Realty | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Victoria
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Listed by: Litzy Angeles, PPF Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC25054788
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC25054788
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