9 days on rocket

575 Prospect Ave, Riverside, CA, 92507

$675,000

Home List Price

$8,016*

Closing Credit

0 Baths
Multi

Location

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575 Prospect Ave, Riverside$675,000

Buyer Closing Credits

$8,016*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Garage2 spaces
Year Built1942
HeatingCentral
CoolingWall/Window Unit(s)
FireplaceOutside
ViewMountain(s)
MLS #PW24218337
Lot Size0.14 Acres
StatusActive

About 575 Prospect Ave

This well-maintained Riverside duplex offers a great investment opportunity with two separate units – one featuring 2 bedroom and 1 bath, and the other offering 2 bedrooms and 1 bath. Each unit has its own private backyard, providing plenty of outdoor space. The property includes a long driveway for parking, street parking, and a detached 2-car garage with potential to convert into an ADU for additional income. Centrally located near major freeways and just minutes from UCR, this duplex is ideal for homeowners seeking rental income or investors looking to capitalize on the prime location.

Property Details

Property Features

Property Information:

  • Year Built: 1942
  • Stories: 1

Listing Office:

  • Office Name: Realty One Group West
  • Office Email: jarealestateteam@gmail.com
  • Listing Agent: Julio Arana Cortes

Interior Features

Interior Information:

  • Appliances: Gas Range
  • Flooring Type: Laminate, Tile
  • Interior: All Bedrooms Down
  • Fireplace: Outside

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Mountain(s)

Parking Information:

  • Garage Space: 2 spaces

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • John W. North High School, Public District Grades 9-12
  • Riverside Virtual, Public District Grades KG-12
  • University Heights Middle School, Public District Grades 7-8
  • Highgrove Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: Off prospect

Price Information

Listing Price Info

Price Summary:

  • List Price: $675,000

Tax Information:

  • Annual Amount: $2,822
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Riverside, CA.

Med. Sold Price

$654.9K

Med. Price/SqFt

$374

Avg. Days On Market

32

# of Sold Homes

177

575 Prospect Ave vs Riverside

9 DAYS ON ROCKET

-23 Days

$675,000

+$20K More

KEY TAKEAWAY

This property is $20K more than the Median Sold Price in Riverside, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PW24218337

Listing Office:

  • Office Name: Realty One Group West
  • Office Email: jarealestateteam@gmail.com
  • Listing Agent: Julio Arana Cortes

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/31/2024, 9:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 13, 2013Home Sold
$215,000
May 16, 1997Home Sold
$90,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,822$243,481
2020$2,822$240,985
2018$2,717$231,629
2017$2,505$227,089

History based on county public records data.

Payment Calculator

$3,436

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,090

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-872401
3
/10
  • Highgrove Elementary School

  • 690 Center St Ste B

  • 0.50 miles

  • Public District Grades KG-6

Middle School

school-card-donut-872402
4
/10
  • University Heights Middle School

  • 1155 Massachusetts Ave

  • 1.64 miles

  • Public District Grades 7-8

High School

school-card-donut-872403
5
/10
  • John W. North High School

  • 1550 3rd St

  • 2.13 miles

  • Public District Grades 9-12

school-card-donut-872404
6
/10
  • Riverside Virtual

  • 4011 14th St

  • 3.61 miles

  • Public District Grades KG-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,023. Most Riverside, CA residents have annual incomes less than $35k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesCaliforniaRiverside CountyRiverside92507575 Prospect Ave

This home is located at 575 Prospect Ave in Riverside, CA and zip code 92507 in the Highgrove neighborhood. This home, which was built in 1942, sits on a 0.14 acre lot. It has been listed on Rocket Homes since October 22, 2024 and is currently priced at $675,000.

While more than 69 listings in Riverside, CA in September 2024 were sold above asking price, there were more than 43 listings sold at asking price, and more than 65 were sold below. The inventory of homes for sale in Riverside, CA between August 2024 and September 2024 decreased by 2.7%. The median list price of listings available in September 2024 was $654,996, while the average time on the real estate market was 32 days.

From Rocket Homes Real Estate and based on county public records data.

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