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Back 1195 Spring Street
Off Market

1195 Spring Street

Highgrove CA 92507

5
4
9147 sq. ft.
Multi-Family
Last sold for $855,000
Douglas McCauleyDouglas McCauley, last sold this property on 27 August 2026 after 210 days on market.

Overview

Pleased to exclusively present the opportunity to acquire a five-unit multifamily property built in 1962 with 3,264 rentable square feet on a 0.21 acre lot in the City of Riverside. The property features a highly functional unit mix of one and two bedroom floor plans, with single-story construction. The property has an on-site laundry room, wall-mounted air conditioner & heater units, & each unit is separately metered for gas and electricity. The property is on septic. Parking consists of 5 carport parking spaces and 4 open space parking. Riverside presents a compelling investment environment driven by a diverse employment base, continued population growth, and relative affordability compared to coastal markets. Major employment anchors include the County of Riverside, March Air Reserve Base, and the University of California, Riverside, which together support stable housing demand from government, military, academic, and healthcare professionals. Residents enjoy a strong quality of life with access to Downtown Riverside amenities such as the historic Mission Inn, the Fox Performing Arts Center, and outdoor recreation at California Citrus State Historic Park. Ongoing downtown reinvestment, including the Riverside Alive initiative featuring new residential, office, retail, hotel uses, and convention center expansion, further reinforces long-term economic growth and rental demand. With solid fundamentals, efficient unit layouts, limited utility exposure, and a growing Inland Empire market, 1195 Spring Street offers investors an attractive opportunity to acquire a stable, well-located multifamily asset positioned for durable income and long-term appreciation.

Features

5 bedrooms
4 bathrooms
9147 sq. ft. lot size
Multi-Family

Estimated Value

We need at least 3 similar 5 bedroom multi families sold in Highgrove over the last 12 months.

Property history for 1195 Spring Street

2026
Sold
$855,000
27 Aug 2026 by Douglas McCauley, of MARCUS & MILLICHAP

Happy sellers in Highgrove

88%
88% of sellers in Highgrove reported that their sale price either exceeded or met their price expectations.

Highgrove stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Highgrove over the last 12 months.

Local market activity for 5 bedroom multi families in Highgrove

In the last 12 months, 1 five-bedroom multi family similar to 1195 Spring Street, have been sold.

This represents a 100% decrease in five-bedroom multi families sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Highgrove

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MAYRA FLORES

MAYRA FLORES is a recommended agent for Highgrove.  They have 4 local sales and collected 1 local review across the last 12 months.

  •   5   (4 reviews)
  •  1 Review in Highgrove
  •  4 Sales in Highgrove
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MELISSA ALI

MELISSA ALI is a recommended agent for Highgrove.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (2 reviews)
  •  1 Review in Highgrove
  •  1 Sale in Highgrove
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Erika Jimenez

Erika Jimenez is a recommended agent for Highgrove.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (29 reviews)
  •  1 Review in Highgrove
  •  1 Sale in Highgrove
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ZU-CHEN TSI

ZU-CHEN TSI is a recommended agent for Highgrove.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (20 reviews)
  •  1 Review in Highgrove
  •  1 Sale in Highgrove
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