Description
This 3 unit property features a 3 bed 2 bath home, and two remodeled units 1 bed 1 bath ADU Rear Unit and a 5 bed 1 bath guest House. Opportunity knocks in the heart of Downtown Riverside. These centrally located units offer investors a chance to own in an area experiencing continued growth and revitalization. Positioned near notable developments such as the highly regarded Mission Lofts and just a short distance from the recently approved 8-story hotel project, this property is surrounded by clear signs of upward momentum and long-term potential. The location provides immediate access to the best of Downtown Riverside, including acclaimed dining, entertainment, arts, and cultural destinations. Residents can enjoy the historic Mission Inn, Riverside Art Museum, Fox Performing Arts Center, Riverside Philharmonic, Mt. Rubidoux hiking trails, and the Downtown Riverside Farmers Market. The property is also conveniently located near UC Riverside, adding to its appeal and rental demand. With its prime location and proximity to major downtown attractions and new development, this property presents a strong value-add opportunity in one of Riverside’s most dynamic neighborhoods.
Details
| MLS # | PW26081035 |
|---|---|
| Listing Type | For Sale |
| Style | Triplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1915 |
| Days On Site | 142 |
| Listing Provided By | Y Realty | Steven Richardson |
Features
| Bed(s) | 9 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,872 |
| Story(s) | 1 |
| Units | 3 |
| Acreage | 0.23 |
| Property View | None |
Interior
| Cooling | Ductless |
|---|---|
| Heating | Ductless |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Separate Formal Dining Room, Eat In Kitchen, Open Floorplan, Quartz Counters, Recessed Lighting, All Bedrooms Down |
| Appliances | Dishwasher, Electric Range, Gas Range, Gas Water Heater, Refrigerator, Range Hood |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Zero To One Unit Acre |
|---|
Parking
| Parking Features | Asphalt, Driveway, Paved |
|---|---|
| Garage Yes / No | No |
Utilities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Electric | Electricity On Property |
| Sewer | Public Sewer |
Location
| Community Features | Storm Drains, Street Lights, Suburban, Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Riverside |
| City | Riverside |
| Zip Code | 92507 |
| Area | 252 Riverside |
| Listing VS Median (in 92507) | |
Price: $899,000 low | high Med: $595,000 sqft: 2,872 low | high Med: 1,382 $ / sqft: $313 low | high Med: $431 On site: 142 low | high Med: 206 | |
Market Activity 92507
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Learn More About This Property
| State | CA |
|---|---|
| County | Riverside |
| City | Riverside |
| Zip Code | 92507 |
| Area | 252 Riverside |
| Listing VS Median (in 92507) | |
Price: $899,000 low | high Med: $595,000 sqft: 2,872 low | high Med: 1,382 $ / sqft: $313 low | high Med: $431 On site: 142 low | high Med: 206 | |
