4000 Pierce #267 · Riverside, CA 92505

$194,999

2 bd · 1.0 ba · 1,440 sqft · Manufactured public records · 75 Days on market

Built 1977 $135/sqft · 34% above area Est $145k · 34% over

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Why this score? — see what drove the C+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• DSCR +10.0/10.0
• 1% rule +9.3/10.0
• Rent growth +3.6/5.0
• Schools +3.4/10.0
• Livability +3.3/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

NEWLY LOWERED PRICE — don’t miss this great opportunity! Welcome to easy, relaxed living in one of Riverside’s most beautiful 55+ communities, located near the beautiful walking trails and natural scenery of the Riverwalk in Riverside. This newly remodeled 2-bedroom, 2-bath manufactured home offers a perfect blend of modern updates, comfort, and convenience in a peaceful setting designed for relaxed living. From the moment you step inside, you’ll immediately notice the fresh, updated feel of the home. The bright and open living area flows seamlessly into the dining space, creating an inviting layout that feels both spacious and comfortable. Large windows allow abundant natural light to fill the home, enhancing the clean finishes and contemporary touches throughout. The remodeled kitchen serves as the heart of the home, featuring updated cabinetry, generous counter space, and a functional layout that makes everyday cooking and entertaining simple and enjoyable. Whether you're preparing a quiet meal or hosting guests, the kitchen offers both style and practicality. The primary suite provides a peaceful retreat, complete with a private bathroom and generous closet space. The second bedroom offers versatility and can easily serve as a guest room, hobby space, or home office—perfect for visiting family or pursuing your favorite interests. Step outside to enjoy a covered patio, ideal for relaxing mornings or quiet evenings outdoors. The home also features a covered carport and additional storage, providing convenience and practicality for everyday living. Residents of this welcoming 55+ community enjoy access to many amenities including a clubhouse, refreshing pool, spa and a variety of social activities that create a vibrant and friendly neighborhood atmosphere. The location places you just minutes from shopping, dining, medical facilities, and beautiful walking paths along the river. With its recent remodel, gorgeous interior, and excellent community, this home presents a wonderful opportunity to enjoy comfortable, low-maintenance living in a prime Riverside location. Don’t miss out on this move-in ready home—this is an experience you must not miss!!

Key facts

• 2 garage spots
• Community pool
• Built 1977

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath manufactured listed at $195k.

Deal economics

• At list price, monthly cash flow is $851 ($10k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $195k).
• Recommended offer: $183k (6.0% below list) — sets the bar for market timing.
• Cap rate 11.5% vs local median 3.0% in Riverside — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 66/100 on livability (#337 in CA) — a middle-class / working-renter tenant base. Strengths: housing A+, employment A-, commute B+; Watch: schools C-, health & safety D, crime F.
• Alvord Unified (urban): math 28% / reading 42% proficiency, ranked #852 of 1,400 in CA (top 61%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 63% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+4.5%/yr); 63 active listings in the ZIP; 26 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 9,195 units permitted in Riverside County in 2024 (1,512 in 5+ unit buildings).
• This rent runs 39% of the median local income ($85k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Riverside County population projected at +22% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 4.5% rent growth), your $55k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 75 days — a 6% lower offer ($183k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 17y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $65k; list at $195k implies a 200% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major flood risk; major wildfire risk; extreme-heat days projected 6→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $183,299 (6.0% below list)

Questions for the listing agent

1. It's been on market 75 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1977 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.43% ✓
• Cap rate: 11.53%
• Cash-on-cash: 18.71%
• DSCR: 1.83
• GRM: 5.8

CMA / ARV

• ARV (median comp): $145,318
• List price: $194,999
• Delta: 34.19%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4000 Pierce #282	0.04mi	2/2.0	1,440 (0%)	2mo	$139,000	$97	93
4000 Pierce #138	0.00mi	3/2.0 (+1)	1,440 (0%)	2mo	$191,000	$133	89
4000 Pierce St #220	0.00mi	3/2.0 (+1)	1,440 (0%)	7mo	$136,000	$94	85
4000 Pierce #135	0.00mi	2/2.0	1,344 (-7%)	0mo	$115,000	$86	85
4000 Pierce St #279	0.00mi	3/2.0 (+1)	1,440 (0%)	8mo	$100,000	$69	84
4000 Pierce St #353	0.09mi	2/2.0	1,344 (-7%)	8mo	$99,000	$74	74
3883 Buchanan St #88	0.42mi	2/2.0	1,464 (+2%)	8mo	$153,000	$105	67
3883 Buchanan St #28	0.36mi	3/2.0 (+1)	1,344 (-7%)	8mo	$192,000	$143	56
3663 Buchanan #112	0.63mi	3/2.0 (+1)	1,344 (-7%)	1mo	$169,000	$126	50
3663 Buchanan St #90	0.63mi	3/2.0 (+1)	1,344 (-7%)	7mo	$140,000	$104	44
3663 Buchanan St #154	0.69mi	3/2.0 (+1)	1,365 (-5%)	8mo	$145,000	$106	43
3663 Buchanan Ave #110	0.66mi	3/2.0 (+1)	1,640 (+14%)	6mo	$160,000	$98	32

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 4.47% rent growth · sell at horizon

5-year hold

• IRR: 12.2%
• Equity multiple: 1.49×
• Total profit: $26,836
• Equity at exit: $29,075

10-year hold

• IRR: 22.2%
• Equity multiple: 3.03×
• Total profit: $111,011
• Equity at exit: $16,860

Cash invested: $54,600 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 18 Strongly Tenant-Friendly
• State California: 18 Strongly Tenant-Friendly · D+13
• County: — inherits STATE
• City: — inherits STATE

AB1482 statewide rent cap (10% + CPI). Cities (SF/LA/Berkeley) layer stricter rules. Just-cause statewide.

Methodology + full state rankings →

ZIP-level market 92505

• Rents YoY: 4.5%
• Active inventory: 63
• Price-to-rent: 5.8×

Monthly cashflow live

• Estimated rent: $2,783 high
• Mortgage (P&I): −$1,023
• Tax est. 1.5%: −$244 /mo · $2,925/yr
• Insurance: −$81
• HOA: −$0
• Vacancy / Maint / Mgmt: −$584
• Net cashflow: $851

Break-even live

Break-even rent $1,706

Max offer price $194,999

Occupancy floor 64%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $48,750
• Closing costs: $5,850
• Reserves months: —
• Total cash needed: —

Rent comps 26 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3957 Pierce St Riverside, CA	1.0–2.0	1.0–2.0	845	$2,795	$3.31	1d	31	0.26mi
11711 Collett Ave Riverside, CA	1.0–3.0	1.0–2.0	1018	$3,229	$3.17	1d	21	0.36mi
4408 Ambs Dr Riverside, CA	3.0	2.0	1470	$3,040	$2.07	43d	1	0.47mi
2930 Via Milano Outside Area (Inside Ca), CA	1.0	2.0	1007	$2,500	$2.48	43d	1	0.63mi
11520 Magnolia Ave Riverside, CA	1.0–2.0	1.0–2.0	851	$2,634	$3.09	2d	7	0.71mi
11377 Brookglen Ct Riverside, CA	3.0	2.5	1532	$3,400	$2.22	24d	1	0.89mi
4259 Redstar Ct Riverside, CA	3.0	2.0	1178	$3,000	$2.55	24d	1	0.91mi
4259 Redstar Ct Riverside, CA	3.0	2.0	1178	$3,000	$2.55	5d	1	0.91mi
4259 Redstar Ct Riverside, CA	3.0	2.0	1178	$3,000	$2.55	15d	1	0.91mi
4259 Redstar Ct Riverside, CA	3.0	2.0	1178	$3,000	$2.55	20d	1	0.91mi
11309 Rasmussen Ct Riverside, CA	3.0	2.5	1535	$3,225	$2.10	18d	1	0.93mi
371 Dylan Cir Corona, CA	3.0	2.0	1625	$3,500	$2.15	4d	1	0.98mi
11331 River Trail Ct Riverside, CA	3.0	2.5	1532	$3,200	$2.09	43d	1	0.99mi
4655 Sierra Vista Ave Riverside, CA	2.0–3.0	2.0	1043	$2,536	$2.43	2d	11	0.99mi
11207 Magnolia Ave Riverside, CA	2.0	2.0	1200	$2,250	$1.88	24d	1	1.00mi
545 Hamilton Dr Corona, CA	1.0	1.0	900	$1,900	$2.11	24d	1	1.00mi
4725 Sierra Vista Ave Riverside, CA	1.0–2.0	1.0–2.0	785	$2,882	$3.67	3d	10	1.00mi
3900 Fir Tree Dr Riverside, CA	1.0–2.0	1.0–2.0	789	$2,695	$3.42	2d	6	1.06mi
11282 Price Ct Riverside, CA	3.0	2.5	1646	$3,095	$1.88	43d	1	1.21mi
2365 Promenade Ave Corona, CA	1.0–2.0	1.0–2.0	892	$2,557	$2.87	1d	18	1.25mi
3850 Skofstad St Riverside, CA	1.0–2.0	1.0–2.0	880	$2,135	$2.43	24d	2	1.28mi
2361 Mary Helen St Unit 102 Corona, CA	2.0	1.5	1000	$2,395	$2.40	2d	1	1.37mi
2341 Mary Helen St Unit 104 Corona, CA	3.0	2.5	1000	$2,550	$2.55	43d	1	1.38mi
3713 Calle Curacso Riverside, CA	3.0	2.0	1300	$3,090	$2.38	16d	1	1.39mi
3713 Calle Curacso Riverside, CA	3.0	2.5	1300	$3,090	$2.38	43d	1	1.39mi
2235 Treehouse Ln Corona, CA	1.0–2.0	1.0–2.0	886	$2,770	$3.12	2d	17	1.42mi

Listing history 26 events

1. 2026-06-18
   days on market $194,999 Active 75 DOM
2. 2026-06-17
   days on market $194,999 Active 74 DOM
3. 2026-06-16
   days on market $194,999 Active 73 DOM
4. 2026-06-15
   days on market $194,999 Active 72 DOM
5. 2026-06-13
   days on market $194,999 Active 70 DOM
6. 2026-06-13
   days on market $194,999 Active 69 DOM
7. 2026-06-09
   days on market $194,999 Active 66 DOM
8. 2026-06-08
   days on market $194,999 Active 65 DOM
9. 2026-06-07
   days on market $194,999 Active 64 DOM
10. 2026-06-04
    days on market $194,999 Active 61 DOM
11. 2026-06-03
    days on market $194,999 Active 60 DOM
12. 2026-06-02
    days on market $194,999 Active 59 DOM
13. 2026-06-01
    days on market $194,999 Active 58 DOM
14. 2026-05-31
    days on market $194,999 Active 57 DOM
15. 2026-05-11
    price $194,999 2226-char remark

    Show marketing remark (2226 chars)

    NEWLY LOWERED PRICE — don’t miss this great opportunity! Welcome to easy, relaxed living in one of Riverside’s most beautiful 55+ communities, located near the beautiful walking trails and natural scenery of the Riverwalk in Riverside. This newly remodeled 2-bedroom, 2-bath manufactured home offers a perfect blend of modern updates, comfort, and convenience in a peaceful setting designed for relaxed living. From the moment you step inside, you’ll immediately notice the fresh, updated feel of the home. The bright and open living area flows seamlessly into the dining space, creating an inviting layout that feels both spacious and comfortable. Large windows allow abundant natural light to fill the home, enhancing the clean finishes and contemporary touches throughout. The remodeled kitchen serves as the heart of the home, featuring updated cabinetry, generous counter space, and a functional layout that makes everyday cooking and entertaining simple and enjoyable. Whether you're preparing a quiet meal or hosting guests, the kitchen offers both style and practicality. The primary suite provides a peaceful retreat, complete with a private bathroom and generous closet space. The second bedroom offers versatility and can easily serve as a guest room, hobby space, or home office—perfect for visiting family or pursuing your favorite interests. Step outside to enjoy a covered patio, ideal for relaxing mornings or quiet evenings outdoors. The home also features a covered carport and additional storage, providing convenience and practicality for everyday living. Residents of this welcoming 55+ community enjoy access to many amenities including a clubhouse, refreshing pool, spa and a variety of social activities that create a vibrant and friendly neighborhood atmosphere. The location places you just minutes from shopping, dining, medical facilities, and beautiful walking paths along the river. With its recent remodel, gorgeous interior, and excellent community, this home presents a wonderful opportunity to enjoy comfortable, low-maintenance living in a prime Riverside location. Don’t miss out on this move-in ready home—this is an experience you must not miss!!

16. 2026-04-14
    status Active 2226-char remark

    Show marketing remark (2226 chars)

    NEWLY LOWERED PRICE — don’t miss this great opportunity! Welcome to easy, relaxed living in one of Riverside’s most beautiful 55+ communities, located near the beautiful walking trails and natural scenery of the Riverwalk in Riverside. This newly remodeled 2-bedroom, 2-bath manufactured home offers a perfect blend of modern updates, comfort, and convenience in a peaceful setting designed for relaxed living. From the moment you step inside, you’ll immediately notice the fresh, updated feel of the home. The bright and open living area flows seamlessly into the dining space, creating an inviting layout that feels both spacious and comfortable. Large windows allow abundant natural light to fill the home, enhancing the clean finishes and contemporary touches throughout. The remodeled kitchen serves as the heart of the home, featuring updated cabinetry, generous counter space, and a functional layout that makes everyday cooking and entertaining simple and enjoyable. Whether you're preparing a quiet meal or hosting guests, the kitchen offers both style and practicality. The primary suite provides a peaceful retreat, complete with a private bathroom and generous closet space. The second bedroom offers versatility and can easily serve as a guest room, hobby space, or home office—perfect for visiting family or pursuing your favorite interests. Step outside to enjoy a covered patio, ideal for relaxing mornings or quiet evenings outdoors. The home also features a covered carport and additional storage, providing convenience and practicality for everyday living. Residents of this welcoming 55+ community enjoy access to many amenities including a clubhouse, refreshing pool, spa and a variety of social activities that create a vibrant and friendly neighborhood atmosphere. The location places you just minutes from shopping, dining, medical facilities, and beautiful walking paths along the river. With its recent remodel, gorgeous interior, and excellent community, this home presents a wonderful opportunity to enjoy comfortable, low-maintenance living in a prime Riverside location. Don’t miss out on this move-in ready home—this is an experience you must not miss!!

17. 2026-04-06
    status Active Under Contract 2226-char remark

    Show marketing remark (2226 chars)

    NEWLY LOWERED PRICE — don’t miss this great opportunity! Welcome to easy, relaxed living in one of Riverside’s most beautiful 55+ communities, located near the beautiful walking trails and natural scenery of the Riverwalk in Riverside. This newly remodeled 2-bedroom, 2-bath manufactured home offers a perfect blend of modern updates, comfort, and convenience in a peaceful setting designed for relaxed living. From the moment you step inside, you’ll immediately notice the fresh, updated feel of the home. The bright and open living area flows seamlessly into the dining space, creating an inviting layout that feels both spacious and comfortable. Large windows allow abundant natural light to fill the home, enhancing the clean finishes and contemporary touches throughout. The remodeled kitchen serves as the heart of the home, featuring updated cabinetry, generous counter space, and a functional layout that makes everyday cooking and entertaining simple and enjoyable. Whether you're preparing a quiet meal or hosting guests, the kitchen offers both style and practicality. The primary suite provides a peaceful retreat, complete with a private bathroom and generous closet space. The second bedroom offers versatility and can easily serve as a guest room, hobby space, or home office—perfect for visiting family or pursuing your favorite interests. Step outside to enjoy a covered patio, ideal for relaxing mornings or quiet evenings outdoors. The home also features a covered carport and additional storage, providing convenience and practicality for everyday living. Residents of this welcoming 55+ community enjoy access to many amenities including a clubhouse, refreshing pool, spa and a variety of social activities that create a vibrant and friendly neighborhood atmosphere. The location places you just minutes from shopping, dining, medical facilities, and beautiful walking paths along the river. With its recent remodel, gorgeous interior, and excellent community, this home presents a wonderful opportunity to enjoy comfortable, low-maintenance living in a prime Riverside location. Don’t miss out on this move-in ready home—this is an experience you must not miss!!

18. 2026-03-30
    listed $199,999 Active 2226-char remark

    Show marketing remark (2226 chars)

    NEWLY LOWERED PRICE — don’t miss this great opportunity! Welcome to easy, relaxed living in one of Riverside’s most beautiful 55+ communities, located near the beautiful walking trails and natural scenery of the Riverwalk in Riverside. This newly remodeled 2-bedroom, 2-bath manufactured home offers a perfect blend of modern updates, comfort, and convenience in a peaceful setting designed for relaxed living. From the moment you step inside, you’ll immediately notice the fresh, updated feel of the home. The bright and open living area flows seamlessly into the dining space, creating an inviting layout that feels both spacious and comfortable. Large windows allow abundant natural light to fill the home, enhancing the clean finishes and contemporary touches throughout. The remodeled kitchen serves as the heart of the home, featuring updated cabinetry, generous counter space, and a functional layout that makes everyday cooking and entertaining simple and enjoyable. Whether you're preparing a quiet meal or hosting guests, the kitchen offers both style and practicality. The primary suite provides a peaceful retreat, complete with a private bathroom and generous closet space. The second bedroom offers versatility and can easily serve as a guest room, hobby space, or home office—perfect for visiting family or pursuing your favorite interests. Step outside to enjoy a covered patio, ideal for relaxing mornings or quiet evenings outdoors. The home also features a covered carport and additional storage, providing convenience and practicality for everyday living. Residents of this welcoming 55+ community enjoy access to many amenities including a clubhouse, refreshing pool, spa and a variety of social activities that create a vibrant and friendly neighborhood atmosphere. The location places you just minutes from shopping, dining, medical facilities, and beautiful walking paths along the river. With its recent remodel, gorgeous interior, and excellent community, this home presents a wonderful opportunity to enjoy comfortable, low-maintenance living in a prime Riverside location. Don’t miss out on this move-in ready home—this is an experience you must not miss!!

19. 2026-03-09
    historical $199,999 2226-char remark

    Show marketing remark (2226 chars)

    NEWLY LOWERED PRICE — don’t miss this great opportunity! Welcome to easy, relaxed living in one of Riverside’s most beautiful 55+ communities, located near the beautiful walking trails and natural scenery of the Riverwalk in Riverside. This newly remodeled 2-bedroom, 2-bath manufactured home offers a perfect blend of modern updates, comfort, and convenience in a peaceful setting designed for relaxed living. From the moment you step inside, you’ll immediately notice the fresh, updated feel of the home. The bright and open living area flows seamlessly into the dining space, creating an inviting layout that feels both spacious and comfortable. Large windows allow abundant natural light to fill the home, enhancing the clean finishes and contemporary touches throughout. The remodeled kitchen serves as the heart of the home, featuring updated cabinetry, generous counter space, and a functional layout that makes everyday cooking and entertaining simple and enjoyable. Whether you're preparing a quiet meal or hosting guests, the kitchen offers both style and practicality. The primary suite provides a peaceful retreat, complete with a private bathroom and generous closet space. The second bedroom offers versatility and can easily serve as a guest room, hobby space, or home office—perfect for visiting family or pursuing your favorite interests. Step outside to enjoy a covered patio, ideal for relaxing mornings or quiet evenings outdoors. The home also features a covered carport and additional storage, providing convenience and practicality for everyday living. Residents of this welcoming 55+ community enjoy access to many amenities including a clubhouse, refreshing pool, spa and a variety of social activities that create a vibrant and friendly neighborhood atmosphere. The location places you just minutes from shopping, dining, medical facilities, and beautiful walking paths along the river. With its recent remodel, gorgeous interior, and excellent community, this home presents a wonderful opportunity to enjoy comfortable, low-maintenance living in a prime Riverside location. Don’t miss out on this move-in ready home—this is an experience you must not miss!!

20. 2025-09-11
    listed $199,999 Active
21. 2025-07-15
    soldstatus $65,000 Closed Sale
22. 2025-05-28
    historical Active Under Contract
23. 2025-05-10
    price $79,900
24. 2025-03-28
    listed $89,900 Active
25. 2010-06-03
    historical
26. 2009-12-12
    listed $47,500 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone X (unshaded) · 92% chance over 30 yrs
• 🔥 Wildfire 7/10 Severe
• 🌡 Heat 7/10 Severe 6 d/yr ≥102°F today · 16 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 9/10 Extreme 19 unhealthy d/yr today · 23 by 30 yrs out

Taxation est. · year 1

• Rental income: $33,400
• − Mortgage interest: −$10,923
• − Property taxes: −$2,925
• − Insurance: −$975
• − Repairs & maintenance: −$2,672
• − Management: −$2,672
• − Depreciation: −$5,673
• Taxable income: $7,560
• Est. tax owed @ 24.0%: −$1,814
• After-tax cash flow: $8,400/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Alvord Unified
• NCES district ID: 0602430
• Math proficiency: 28% ▲ 1.00%
• Reading proficiency: 42% ▲ 2.00%
• Median HH income: $58,965
• Composite: 33.81/100
• National rank: #10383
• State rank: #852 of 1400 in CA

Livability — Riverside

• Score: 66/100
• State rank: #337
• US rank: #11613

Category grades

Amenities C Commute B+ Cost of living F Crime F Employment A- Housing A+ Health & safety D User ratings B+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Riverside, CA
• County: Riverside County · 2,287,001 people
• City population: 367,890
• Metro: Riverside-San Bernardino-Ontario, CA
• Population (ZIP): 53,419
• Household income: $84,906
• Rent vs Own: 48.5% rent · 51.5% own
• Severe rent burden: 1940.0

Population outlook (Riverside County) Hauer SSP2

• Today (2025): 2,664,475 people
• By 2030: 2,802,692 · +5.2%
• By 2040: 3,050,904 · +14.5%
• By 2050: 3,256,783 · +22.2%
• By 2075: 3,655,058 · +37.2%
• By 2100: 3,766,594 · +41.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.58)
• Race & ethnicity: Hispanic / Latino 60% White 20% Two or more races 17% Asian 10% Black 6% Native American 1%
• Hispanic origin (detail): Mexican 53%
• Common ancestry: Scandinavian 1% Lithuanian 1% Romanian 1%
• Foreign-born: 29% · Canada, Vietnam, South Korea
• Languages at home: 40% English-only · Spanish 47% Other Indo-European 4% Vietnamese 2%

Political lean MEDSL · Riverside

• 2024 margin: Toss-up / Even · D 48.0% · R 49.3% · Other 2.6%
• 2008→2024 swing: -3.6pp toward R · 2008: 2.3pp · 2024: -1.3pp
• All cycles: 2024: R+1.3 2020: D+8.0 2016: D+4.3 2012: R+0.4 2008: D+2.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -379.14%
• Current HPI: 405.3408
• Rent YoY: ▲ 4.47%
• Metro: Riverside-San Bernardino-Ontario, CA
• State GDP YoY: ▲ 3.21%
• F500 in state: 116

Industry mix (Fortune 500 HQ in CA)

Industry	F500 HQs	Revenue
▸Technology	27	$1,492B
▸Financial Services	3	$174B
▸Retail	3	$44B
▸Insurance	3	$26B
▸Media / Entertainment	2	$115B
▸Pharmaceuticals / Biotech	2	$62B

Price history

+310.5% since first listed

12 events — show timeline

• 2026-05-11 Price Changed $194,999 CRMLS
• 2026-04-14 Relisted — CRMLS
• 2026-04-06 Relisted — CRMLS
• 2026-03-30 Listed $199,999 CRMLS
• 2026-03-09 Coming Soon $199,999 CRMLS
• 2025-09-11 Listed $199,999 CRMLS
• 2025-07-15 Sold (MLS) $65,000 CRMLS
• 2025-05-28 Contingent — CRMLS
• 2025-05-10 Price Changed $79,900 CRMLS
• 2025-03-28 Listed $89,900 CRMLS
• 2010-06-03 Listing Removed — CRMLS
• 2009-12-12 Listed $47,500 CRMLS

Property tax history

-7.0%/yr

Latest (2025): $204 · +4.2% YoY. Source: county tax records.