Listed by Gerardo Garcia Macias, Pak Home Realty, (909) 351-5105 . Bought with Mogul Real Estate
2029 Patterson St
Riverside, CA 92507
Eastside
7 Beds
6 Baths
2,961 sqft (on 0.30 acres)
$1,125,000
Last Sold: Jul 30, 2025
2% below list $1.15M
$380/sqft
Est. Refi. Payment $6,597/mo*
$1,125,000
Last Sold: Jul 30, 2025
2% below list $1.15M
$380/sqft
Est. Refi. Payment $6,597/mo*
7 Beds
6 Baths
2,961 sqft
(on 0.30 acres)
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Local Information
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Description
This property presents itself as an exceptional opportunity in Riverside’s thriving real estate market, offering a rare combination of immediate income and long-term growth potential. Whether you're an experienced investor or a savvy homebuyer looking to make a smart move, this multi-unit property has everything you need to succeed. With its prime location, strong rental history, and future expansion possibilities, it’s an opportunity you won’t want to miss. The property features three distinct units, each offering its own unique appeal. One standout is the brand-new, detached unit—a spacious 3-bedroom, 2.5-bathroom home with a 2-car garage, separate utilities, and separate address. This newly constructed 1,199 sqft home provides the perfect blend of comfort and independence, making it ideal for a homeowner or tenant. The other two units have been recently remodeled, with one offering a 3-bedroom, 2-bathroom layout and the other a 1-bedroom, 1-bathroom unit. Both are well-maintained and thoughtfully updated, featuring a 6 year old roof, PEX Plumbing, an updated Dual Electric Panel, and a Brand new Gas line. Both units offer a mix of spaciousness and charm. The two occupied units share utilities, providing efficiency while maintaining privacy for each tenant. Set on a generous **13,068 sqft lot**, this property offers a wealth of potential for further growth and to potentially build more units. With a **cap rate of 7.64%**, the property already offers strong returns, but the possibility of increasing income through development makes it an even more exciting investment. Riverside’s location adds another layer of appeal. Just minutes from the 91 and 215 freeways, as well as the vibrant Downtown Riverside, this property offers easy access to major commuter routes, shopping, dining, and entertainment. With local institutions like Riverside City College, UC Riverside, and California Baptist University nearby, demand for rental properties in this area is only expected to increase, making this an even more enticing opportunity. Whether you’re looking for a home with income-generating potential or an investment property with substantial upside, this Riverside gem has it all. With a combination of prime location, solid cash flow, and exciting future prospects, this opportunity won’t last long. Make your move today and seize the chance to be a part of Riverside’s flourishing real estate market.*Grass was added onto the images virtually to enhance the property images*
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from July 31, 2025
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$380/sqft
Listed
180+ days ago
Home Details for 2029 Patterson St
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Interior Details Number of Rooms: 6Types of Rooms: Master Bedroom, Master Bathroom, Attic, Basement, Other |
Beds & Baths Number of Bedrooms: 7Number of Bathrooms: 6 |
Appliances & Utilities Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Available, Sewer Connected, Water ConnectedAppliances: Gas RangeLaundry: Inside,Laundry Room |
Heating & Cooling Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central |
Fireplace & Spa Spa: NoneNo Spa |
Gas & Electric Electric: 220 Volts |
Windows, Doors, Floors & Walls Common Walls: 1 Common Wall |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoEntry Location: front gate |
View No ViewView: None |
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Exterior Home Features Fencing: BrickNo Private Pool |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageNo Attached GarageParking Spaces: 2Parking: Assigned |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 252 |
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Year Built Year Built: 2024 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Triplex |
Building Not a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Parcel Number: 211111050 |
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Price List Price: $1,149,000Price Per Sqft: $380/sqft |
Status Change & Dates Off Market Date: Thu Jun 26 2025 |
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MLS Status: Closed |
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Direction & Address City: Riverside |
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Building Area Building Area: 2961 Square Feet |
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Community Features: SidewalksNot Senior Community |
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Association for this Listing: California Regional MLS |
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Lot Area: 0.30 acres |
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Special Conditions: Standard |
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Listing Terms: Cash, Cash to New Loan, Conventional, FHA, Submit, VA Loan |
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No Rent Control |
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BasementMls Number: DW25074095Living Area Range Units: Square FeetAttribution Contact: 949-867-0007Common Interest: NoneUniversal Property Id: US-06065-N-211111050-R-N |
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Sidewalks |
Last check for updates: about 5 hours ago
Listed by Gerardo Garcia Macias DRE #02105347, (949) 867-0007
Pak Home Realty
Bought with: Jamie Andrews DRE #02092779, (949) 632-0154, Mogul Real Estate
Originating MLS: California Regional MLS
Source: CRMLS, MLS#DW25074095
Price History for 2029 Patterson St
| Date | Price | Event | Source |
|---|---|---|---|
| 07/30/2025 | $1,125,000 | Sold | CRMLS #DW25074095 |
| 07/02/2025 | $1,149,000 | Pending | CRMLS #DW25074095 |
| 06/23/2025 | $1,149,000 | PriceChange | CRMLS #DW25074095 |
| 06/09/2025 | $1,159,000 | PriceChange | CRMLS #DW25074095 |
| 05/24/2025 | $1,169,000 | PriceChange | CRMLS #DW25074095 |
| 04/04/2025 | $1,175,000 | PriceChange | CRMLS #DW25074095 |
| 02/25/2025 | $1,185,000 | PriceChange | CRMLS #DW24239040 |
| 01/08/2025 | $1,199,900 | PriceChange | CRMLS #DW24239040 |
| 12/10/2024 | $1,219,000 | PriceChange | CRMLS #DW24239040 |
| 11/22/2024 | $1,248,888 | PriceChange | CRMLS #DW24239040 |
| 10/25/2022 | $635,000 | Pending | CRMLS #TR22202950 |
| 09/23/2022 | $635,000 | Listed For Sale | CRMLS #TR22202950 |
| 05/25/2014 | $280,000 | ListingRemoved | Agent Provided |
| 02/14/2014 | $280,000 | Listed For Sale | Agent Provided |
| 10/01/2013 | $325,000 | ListingRemoved | Agent Provided |
| 08/19/2013 | $325,000 | Listed For Sale | Agent Provided |
| 08/21/2010 | $189,900 | ListingRemoved | Agent Provided |
| 08/03/2010 | $189,900 | PriceChange | Agent Provided |
| 06/12/2010 | $199,900 | PriceChange | Agent Provided |
| 05/15/2010 | $209,900 | Listed For Sale | Agent Provided |
| 03/03/2010 | $112,000 | ListingRemoved | Agent Provided |
| 02/20/2010 | $112,000 | PriceChange | Agent Provided |
| 12/21/2009 | $116,200 | PriceChange | Agent Provided |
| 11/08/2009 | $128,700 | PriceChange | Agent Provided |
| 06/06/2009 | $180,000 | Listed For Sale | Agent Provided |
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Comparable Sales for 2029 Patterson St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.16 | Multi-Family Home | $675,000 | 12/12/25 | 4 | 2 | 2,004 | |
0.33 | Multi-Family Home | $1,689,000 | 09/16/25 | 12 | 8 | 5,631 | |
0.28 | Multi-Family Home | $685,000 | 01/05/26 | 5 | 3 | 1,914 | |
0.72 | Multi-Family Home | $760,000 | 10/15/25 | 6 | 4 | 2,214 | |
0.69 | Multi-Family Home | $675,000 | 10/24/25 | 5 | 3 | 1,952 | |
0.77 | Multi-Family Home | $763,000 | 01/26/26 | 6 | 3 | 2,145 | |
0.61 | Multi-Family Home | $480,000 | 05/19/25 | 2 | 2 | 1,106 | |
1.41 | Multi-Family Home | $1,150,000 | 02/03/26 | 8 | 5 | 3,000 | |
1.16 | Multi-Family Home | $760,000 | 11/17/25 | 5 | 4 | 2,400 |
Assigned Schools
These are the assigned schools for 2029 Patterson St.
- Longfellow Elementary School
- K-6
- Public
- 701 Students
2/10GreatSchools RatingParent Rating AverageMy daughter is special needs and attended this school for summer exploration. There were days she wouldn’t return home with their backpack and the staff couldn’t find it until days later. For there to be such a small student to teacher ratio, her belongings shouldn’t have been that hard to find with as many teachers there were. The staff knew my daughter was non verbal but still issues like this were happening and she would come home with injuries and the school would sometimes not have any clue how some of the injuries happened when I would ask about them. When I alerted the principal about this, she was very rude and seemed to instead prioritize defending herself and staff and showed little to no emotion for my concerns that I had about my daughter during this program which is an awful feeling as a parent. I think this school could benefit from much better communication between parents and staff and more training with special needs children and their behaviors. Hoping this school improves in the future.Parent Review9mo ago - John W. North High School
- 9-12
- Public
- 2011 Students
5/10GreatSchools RatingParent Rating AverageNorth is an amazing school like literally l have no words for this amazing school. Everyone in this school are so welcoming. The teachers are super duper nice just amazing and great teachers if you need anything you can always go up to them and ask they are always welcoming. The positive vibe I get from this school whenever l got there it's just amazing. I would recommend you this school all the way, no hesitations.Student Review5y ago - University Heights Middle School
- 7-8
- Public
- 870 Students
5/10GreatSchools RatingParent Rating Averagein my opinion SOME supervisor (ms Hilda, ms Abear, ms Newton, and Mr Tony)are the only ones who I feel care than the actual teachers and principals, all they care about is getting the work done, and of course it’s needed but I’d rather them care about my child’s mental health than her Turing an assignment late, my child’s barely even wanted to go to school because the teachers and other staffs did not show they cared and just push it to the side. She begged to be homeschooled all year and it hurt to see my child didn’t want to be at a school where i thought I could trust to make my child feel safe and happy to be there. This school doesn’t know how to help other students with tempter and they say they do all they can but in reality there tired of the kids and js do what ever to shut them up. I do appreciate the staff I mentioned in the beginning because they made my child feel wanted and heard when she needed help but unfortunately they couldn’t do more than what they could bc of there position. But i appreciate them being there for my child and making her laugh when she had rough days.Parent Review8mo ago 
Check out schools near 2029 Patterson St.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Eastside
At least 142 Trulia users voted on each feature.
88 % Say there are sidewalks
76 % Say car is needed
72 % Say yards are well-kept
69 % Say there's holiday spirit
61 % Say it's walkable to restaurants
61 % Say kids play outside
60 % Say it's walkable to grocery stores
59 % Say streets are well-lit
59 % Say parking is easy
55 % Say it's dog friendly
44 % Say neighbors are friendly
42 % Say it's quiet
42 % Say they plan to stay for at least 5 years
30 % Say people would walk alone at night
27 % Say there's wildlife
24 % Say there are community events
Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST 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. Properties may or may not be listed by the office/agent presenting the information
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST 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. Properties may or may not be listed by the office/agent presenting the information
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2029 Patterson St, Riverside, CA 92507 is a 7 bedroom, 6 bathroom, 2,961 sqft multi-family built in 2024. 2029 Patterson St is located in Eastside, Riverside. This property is not currently available for sale. 2029 Patterson St was last sold on Jul 30, 2025 for $1,125,000 (2% lower than the asking price of $1,149,000).