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For sale
  • Listed by: ELEVATE REAL ESTATE AGENCY • RYAN MCKEE • Contact: 951-394-3554
    $1,475,000

    4204 12th St, Riverside, CA 92501

    8beds
    6baths
    3,553sqft
    : 
    $9,703/mo
    Get pre-qualified
    Mixed Use
    Built in 1975
    -- sqft lot
    $1,423,000 Zestimate®
    $415/sqft
    $-- HOA

    What's special

    Charming craftsman-style buildingMature shade treesAbundant natural lightMultiple parking possibilitiesRefreshed bathroom finishesWelcoming covered front porchWhite cabinetry
    ***INCOME OPPORTUNITY - ATTENTION INVESTORS AND MORE!*** Don’t miss this exceptional opportunity to acquire a unique four-unit property (2 units on a lot) near the heart of Downtown Riverside! Situated on a prominent corner lot, this income-producing property features two separate buildings and a highly desirable unit mix consisting of two three-bedroom, two-bathroom residences and two one-bedroom, one-bathroom residences, plus a basement. This versatile configuration is ideal for an investor looking to expand a rental portfolio or an owner-occupant interested in living in one unit while generating income from the others. The charming Craftsman-style building showcases classic architecture, a welcoming covered front porch, mature shade trees and excellent street presence. The second two-story building offers additional residences with separate entrances and convenient access from the surrounding streets and alley. The interiors provide comfortable and functional living spaces with abundant natural light, spacious living rooms, well-appointed kitchens, generously sized bedrooms and a combination of carpet, tile and wood-look flooring. Select improvements include white cabinetry, tasteful countertops, updated flooring and refreshed bathroom finishes, while other areas retain their original character and offer opportunities for future personalization. Several bedrooms feature generously sized closets, and ceiling fans and wall-mounted climate-control units can be found throughout the property. Additional amenities include a shared laundry facility, gated outdoor areas, paved spaces and multiple parking possibilities. The corner-lot setting provides convenient access and separation between the buildings while mature landscaping adds shade and privacy. Conveniently located near Downtown Riverside, the historic Mission Inn, Riverside Community Hospital, Mount Rubidoux, shopping, dining, public transportation and major freeway access, this property offers a compelling combination of location, flexibility and long-term income potential. Whether you are seeking a multi-generational living arrangement, an owner-occupied investment or a valuable addition to your real estate portfolio, this is an opportunity you will not want to miss!
    12 days
    333
    11

    Zillow last checked:

    Listing updated:

    Listed by:

    RYAN MCKEE DRE #01843253 951-394-3554,

    ELEVATE REAL ESTATE AGENCY

    Source: CRMLS,MLS#: IV26185431MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 6
      Heating
      • Central, See Remarks, Wall Furnace
      Cooling
      • Central Air, See Remarks, Wall/Window Unit(s)
      Appliances
      • Laundry: Common Area, See Remarks
      Features
      • Has fireplace: Yes
      • Fireplace features: See Remarks
      • Common walls with other units/homes: 2+ Common Walls
      Interior area
      • Total structure area: 3,553
      • Total interior livable area: 3,553 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage
      • Garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: 1
      • Pool features: None
      Lot
      • Size: 5,663 Square Feet
      • Features: Front Yard, Lawn
      Details
      • Parcel number: 215201007
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Mixed Use
      • Attached to another structure: Yes
      Condition
      • New construction: No
      • Year built: 1975

      Utilities & green energy

      • Sewer: Unknown
      • Water: See Remarks

      Community & HOA

      Community
      • Features: Curbs, Gutter(s), Sidewalks
      Location
      • Region: Riverside

      Financial & listing details

      • Price per square foot: $415/sqft
      • Tax assessed value: $508,685
      • Date on market: 9/4/2026
      • Cumulative days on market: 12 days
      • Listing terms: Submit
      • Total actual rent: 9735

        Estimated market value

        $1,423,000

        $1.35M - $1.49M

        $2,147/mo

        Price history

        DateEventPrice
        9/4/2026Listed for sale$1,475,000+264.2%$415/sqft
        Source: CRMLS #IV26185431 Report a problem
        12/28/2012Sold$405,000+41.9%$114/sqft
        Source: Public Record Report a problem
        8/27/2012Sold$285,500-52%$80/sqft
        Source: Public Record Report a problem
        4/22/2005Sold$595,000+40%$167/sqft
        Source: Public Record Report a problem
        1/27/2004Sold$425,000$120/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $508,685 +2%
        2025$5,613 +3.4%$498,712 +2%
        2024$5,429 +0.4%$488,934 +2%
        2023$5,405 +1.9%$479,348 +2%
        2022$5,306 +1.4%$469,950 +2%
        2021$5,235 +0.8%$460,737 +1%
        2020$5,195 +1.9%$456,014 +2%
        2019$5,097 +2%$447,073 +2%
        2018$4,998 +1.8%$438,308 +2%
        2017$4,909 $429,714 +2%
        2016$4,909 +8.4%$421,289 +1.5%
        2015$4,529 +0.9%$414,964 +2%
        2014$4,486 $406,838 +0.5%
        2013-- $405,000 -38.7%
        2012-- $660,297 +2%
        2011-- $647,351 +0.8%
        2010-- $642,514 -0.2%
        2009-- $644,042 +2%
        2008-- $631,415 +2%
        2007-- $619,036 +2%
        2006-- $606,899 +40%
        2005-- $433,499 +198.8%
        2003-- $145,093 +2%
        2002-- $142,249 +2%
        2001$1,454 +1.8%$139,460 +2%
        2000$1,428 $136,727
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Downtown

        Getting around

        85 / 100
        Very Walkable
        45 / 100
        Some Transit
        70 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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