This asset is ideally situated within a short distance of Riverside Community Hospital, the iconic Mission Inn Hotel & Spa, and the Downtown Riverside Metrolink Station, placing tenants at the center of a thriving live-work-play environment. The Mission Inn Avenue Apartments sits on a ±11,761 square foot lot with a total building area of ±6,666 square feet. The property offers a diverse unit mix of two studios and ten 1-bedroom/1-bathroom units — eight original and two newly built ADUs — averaging 556 square feet. Renovated interiors feature tile and laminate plank wood flooring, updated kitchen and bathroom cabinetry, oven ranges with hoods, and updated fixtures. All units include wall air conditioning and heating, clothing closets, and cabinet storage. The property features 12 single-car garages, off-street parking, an on-site laundry facility, and lush, mature landscaping throughout. New roofs have been installed within the last five years, and a recently completed termite clearance further demonstrates the pride of ownership maintained throughout the asset. The property sits in the heart of Downtown Riverside — a thriving cultural and urban corridor with direct proximity to Mt. Rubidoux Park, the Fox Performing Arts Center, the Riverside Convention Center, and the Riverside Pedestrian Mall. The Downtown Riverside Metrolink Station is less than one mile away, providing direct connectivity to Los Angeles Union Station. Regional access is further supported by the 60, 91, and I-215 Freeways, making the property an ideal choice for commuters across the greater Inland Empire. Riverside's economy is anchored by healthcare, higher education, and public sector employment, with major employers including Riverside Community Hospital, UC Riverside, California Baptist University, Loma Linda University & Hospital, and the City of Riverside — sustaining consistent housing demand and a stable, creditworthy tenant pool. 4412–4430 Mission Inn Avenue is a stable, income-producing asset in one of Downtown Riverside's most sought-after residential corridors, offering investors exceptional stability and long-term value in a thriving urban market.
Located at 5832-5834 Norwood Avenue, 5816-5853 Persepolis Court, and 10663-10665 Alborz Court, this portfolio is ideally situated near Kaiser Permanente Riverside Medical Center, La Sierra University, and the Galleria at Tyler, placing residents within minutes of the region's most prominent healthcare, education, and retail destinations with direct connectivity via the 91, 60, 15, and I-215 Freeways. Available for purchase together or separately, each duplex is individually parceled across seven lots. The 14-Unit Portfolio spans seven individually parceled lots totaling ±77,102 square feet with ±25,280 square feet of rentable area. Built in 2024 and 2026, each two-story townhome-style duplex averages 1,863 square feet. The unit mix includes four 3-bedroom/2.5-bathroom homes at 1,603 SF, eight 4-bedroom/2.5-bathroom homes at 1,950 SF, and two 5-bedroom/3-bathroom units at 2,034 SF. Every residence features an open-concept layout with high ceilings and abundant natural light, a designer kitchen with center island, quartz countertops, custom self-closing cabinetry, and stainless steel appliances. Additional interior features include luxury vinyl flooring, recessed lighting, ceiling fans, walk-in pantry, walk-in closets, and dual vanities in the primary suite. Each home includes an upper-level laundry room with washer and dryer, central HVAC, and solar energy systems. Exteriors include attached two-car garages, private front and rear yards with patios, and decomposed granite landscaping maintained across all three sites. Situated in southwest Riverside's established La Sierra Acres neighborhood, the portfolio offers suburban tranquility with exceptional regional connectivity. Retail and lifestyle amenities anchored by the Galleria at Tyler and Castle Park enhance resident quality of life, while the La Sierra Metrolink Station (3.7 miles) provides direct transit to LA Union Station. Riverside's major employers — Kaiser Permanente, Riverside Community Hospital, UC Riverside, and Collins Aerospace — drive robust rental demand, reinforcing long-term market stability. This 14-Unit Portfolio is a stable asset in one of Southwest Riverside's most supply-constrained neighborhoods. Whether you are a first-time investor seeking a turnkey entry into the Inland Empire multifamily market or a seasoned investor adding institutional-quality new construction to your portfolio, this is a rare opportunity to acquire a purpose-built, modern asset.
If you are looking for a very good opportunity to invest and flip then this is the property for you with a great Potential, they are 3 units in the same lot and needs TLC so you will have a great margin to profit if you flip it or if you want to keep it and rent it out.
Exceptional investment opportunity with three separate units on one property, offering excellent income-producing potential or flexible multi-generational living. Whether you're looking to live in one unit while generating rental income from the others or expand your investment portfolio, this property offers incredible versatility. Each unit provides its own private living space, making it ideal for long-term tenants or extended family. Conveniently located near shopping, dining, schools, and major commuter routes, this is a rare chance to own a property with multiple streams of rental income and strong future potential. Don't miss this unique opportunity!
Beautiful Wood Streets Craftsman Cottage with a 1-bedroom Guest House. Upon Arrival the welcoming porch with detailed stone pillars and beautiful front Door will usher you into the main home. The beamed ceilings in the entry, living room and dining room set the stage for the many original features this home has to offer. The fireplace is the focal point of the living room along with the view out the large windows looking out to the front porch. The dining room is large and feature an original built in China Hutch. There is a Breakfast nook with beautiful leaded glass windows that would also function as a great office space or craft room. All of the bedrooms are large, and the 2 front bedrooms share the 1st of 2 full bathrooms with private entries. The rear bedroom is located at the rear of the home looking out towards the rear yard. The 2nd full bathroom offers a large vanity and tub/shower combo. The kitchen has been updated with an abundance of cabinets and counter space along with recently replaced appliances. The laundry room for the main house is located just off the kitchen and has added cabinets for storage. The wood floors run throughout the main home and along with many other original features makes this a true "Wood Streets Gem". The guest house is located at the rear of the property behind the garage and was recently remodeled. The private entry opens into the kitchen with updated cabinets and appliances including refrigerator. The eating area and living room is spacious and offer an open concept. The bathroom has an updated shower and recently installed sink, toilet and fixtures. There is a private laundry area for the guest house located in the garage area. The large rear yard has mature landscaping and could be easily separated to allow the guest house to have a private yard. The details this home has to offer are amazing including those special touches like the mailbox on the front porch. Live in the main home and create potential rental income or space for family to live in the Guest home. Homes like this are rarely available to purchase and this one checks off all the boxes.
Whether you’re an investor looking to maximize cash flow or a homeowner interested in offsetting your mortgage through house hacking, this property offers a rare opportunity to create multiple income-producing living spaces with much of the heavy lifting already done. Situated in a desirable neighborhood with beautiful views, this 3-bedroom, 2-bath home includes two sets of approved plans—one for a Junior ADU and another to convert the detached garage into a full ADU. Save months of planning, permitting, and design costs while stepping into a property positioned for immediate value creation. Live in the main home while generating rental income from future ADUs, create flexible space for multigenerational living, or expand your investment portfolio with a property designed for long-term appreciation and cash flow. To make the process even easier, the seller’s has bids with a construction team is available to complete the approved improvements after closing, allowing buyers to move from purchase to completed units with a streamlined, experienced team. Opportunities like this—combining a desirable location, scenic views, approved expansion plans, and a turnkey path to development—are increasingly difficult to find. Buyer to verify all permits, approvals, intended uses, and development requirements with the appropriate agencies.
An outstanding investment opportunity in the heart of Riverside! This unique triplex, located at 3309 & 3311 Brockton Avenue and 4140 3rd Street, offers exceptional flexibility for both investors and owner-occupants. Live in one unit while generating income from the other two, or maximize your returns by renting all three units. The property features three separately addressed units, each with its own individual utility meter, making management simple and efficient. The unit mix includes two 2-bedroom, 1-bath residences and one beautifully updated 1-bedroom, 1-bath unit. Two bedroom units each have an interior laundry room. Each unit has a designated single car garage. The 1-bedroom unit will be delivered vacant, providing the perfect opportunity for an owner-occupant or immediate rental at current market rates. The two 2-bedroom units are occupied by long-term tenants, offering stable, established rental income from day one. Recent improvements include fresh exterior paint, enhancing the property's curb appeal, while the updated 1-bedroom unit is move-in and rent-ready. Whether you're looking to expand your investment portfolio or secure a property with strong income potential and owner-occupancy options, this Riverside triplex is one you won't want to miss.
Turn-Key Duplex Near UC Riverside & Downtown! Ideal for Owner-Occupants or Investors. Welcome to 4156 & 4158 Dwight Ave, a fully renovated, vacant duplex offering immediate cash flow or a perfect opportunity to live in one unit and rent the other! Property Highlights: Two Vacant Units: Each features 1 Bedroom, 1 Bathroom, a bright living room, a functional kitchen, and an attached laundry room. Recent Upgrades: Brand-new roof, new windows, new flooring throughout, and fresh interior/exterior paint. zero near-term maintenance needed. Parking & Amenities: Gated, private backyard parking for both units. Prime Location: Minutes from UC Riverside, Downtown Riverside, dining, shopping, and major freeways. Favorable Utilities: Gas and electricity are separately metered (water is on a single meter). Financing: All loan types welcome (FHA, VA, Conventional). Move-in ready and turnkey don't miss this rare, flexible investment opportunity in Riverside! Call your agent now!
Excellent investment opportunity. This well-maintained fourplex offers a desirable unit mix of three 2-bedroom, 1-bath units and one spacious 3-bedroom, 2-bath unit, providing strong rental appeal and excellent income potential. Recent property improvements include a new roof and fresh exterior paint, enhancing both curb appeal and long-term value. The property features 4 separate electric meters, 4 separate gas meters, and 1 shared water meter, making utility management efficient. Additional income potential is provided by the community coin-operated laundry room, while 8 on-site parking spaces offer ample parking for residents. Conveniently located near shopping, dining, schools, parks, and major freeways, this income-producing property is situated in a highly desirable rental market. Whether you’re an experienced investor or looking to add a quality multifamily asset to your portfolio, 9079 Colony Place offers a combination of recent upgrades, desirable amenities, and strong long-term investment potential.
Turn-key investor opportunity. Originally built in 2016 and thoughtfully reimagined in 2025, this residence has been transformed into three fully permitted units, all created within the original footprint and finished to a high-end standard. Rental increases on 9/1/26 allow the property to offer a combined $6,600 per month in gross rent across the following unit mix: Unit A – 4BR/2.5BA, approximately 1,445 square feet with a 1-car garage, renting for $3,200 per month; Unit B – 1BR/1BA, approximately 550 square feet, renting for $1,800 per month; and Unit C – a studio of approximately 475 square feet, renting for $1,600 per month. Clever spatial planning ensures that each unit features its own private entrance, a uniquely functional layout, and two dedicated parking spaces. Interior upgrades exceed what is typically found in multi-family configurations, including quartz and granite countertops, vinyl plank flooring throughout, split-unit HVAC systems, vaulted ceilings, recessed lighting, tankless water heaters, stainless steel appliances, and all-new kitchen cabinetry. Situated on a meticulously landscaped .23-acre lot, the outdoor amenities create a serene, park-like environment with multiple shaded pavilions, a fire pit, mature trees, manicured landscaping, and thoughtfully designed outdoor cooking areas. Located conveniently close to Cal Baptist University, University of California at Riverside, most major freeways and local retail hubs. Combining comprehensive remodeling, newer construction, and a strong rent roll, this property presents a rare, turn-key opportunity for investors seeking both quality and cash flow.
Don't miss this rare opportunity to own a beautifully maintained **4-unit income property** in one of Riverside's most desirable and established neighborhoods! Located at 4230 13th Street, Riverside, CA 92501, this versatile property features a charming 2-bedroom, 1-bath front house with its own private front yard, plus three well-maintained 1-bedroom, 1-bath units tucked away in the rear—making it an ideal investment for generating strong rental income. This property has been thoughtfully upgraded with numerous capital improvements, including a **newer roof (approximately 5 years old)**, **newer fresh exterior paint**, **new wall heaters**, **newer copper plumbing in all three 1-bedroom, 1-bath units**, and a **new plumbing cleanout**, providing peace of mind and minimizing future maintenance costs. Perfectly situated just minutes from some of Riverside's most beloved attractions, residents will enjoy easy access to the iconic **Mount Rubidoux Park**, famous for its scenic hiking and walking trails with breathtaking city views. The property is also just moments from the **Historic Downtown Riverside** district and the world-renowned **Mission Inn Hotel & Spa**, where you'll find an incredible selection of restaurants, coffee shops, breweries, boutiques, museums, theaters, and year-round community events. Nearby conveniences include: * **Riverside Plaza** shopping and dining * **Fairmount Park** * **Ryan Bonaminio Park** * **University of California, Riverside (UCR)** * **Riverside Community College** * **Riverside Community Hospital** * Grocery stores, fitness centers, entertainment, and public transportation * Easy access to the **91, 60, and 215 Freeways** Located on a quiet, clean, tree-lined street with ample street parking, this neighborhood offers timeless charm, mature landscaping, and excellent curb appeal that tenants appreciate. The combination of strong rental demand, significant recent improvements, and an outstanding location makes this an exceptional addition to any real estate portfolio. Whether you're a seasoned investor, or completing a 1031 Exchange, or even a first time buyer, this is a rare opportunity in one of Riverside's most sought-after neighborhoods.
Unique investment opportunity featuring approximately 1.5 acres of flat, usable land with substantial existing improvements and exceptional future income potential. The property is currently improved with a custom-built residence of nearly 3,000 square feet with an attached approximately 1,000-square-foot garage, a detached approximately 2,500-square-foot two-story garage with electricity, plumbing, and its own septic system, plus a large workshop with utilities and a vehicle lift. The existing improvements provide numerous possibilities for investors seeking additional dwelling units, multigenerational living, rental income, or future redevelopment, subject to buyer investigation and approval by the City of Riverside. The attached approximately 1,000-square-foot garage may offer future conversion potential, while the detached approximately 2,500-square-foot two-story garage may also present opportunities for additional living space or an ADU, subject to buyer verification and applicable approvals. Beyond the existing improvements, a significant portion of the approximately 1.5-acre parcel remains open and usable, creating additional flexibility for future development. Buyers are encouraged to investigate the potential to construct additional residences, subdivide the property, or pursue other development strategies based on their intended use and applicable City requirements. Adding to the property’s appeal, the adjacent privately owned parcel of similar size is currently under development with four new homes, illustrating the area’s ongoing growth and residential investment activity. Buyers should independently verify all zoning, subdivision, density, development, and permitting requirements with the City of Riverside. Conveniently located approximately three miles from Downtown Riverside with quick access to the 91, 215, and 60 Freeways, this property offers a rare combination of existing improvements, investment flexibility, development potential, and long-term upside.
## TWO HOMES ON ONE LOT BRAND-NEW DETACHED ADU PAID-OFF SOLAR A RARE RIVERSIDE OPPORTUNITY Opportunities like this don't come along often. Welcome to an exceptional turnkey property featuring **two beautifully designed homes on one lot**, offering the perfect combination of luxury living, rental income potential, and long-term investment value. Whether you're looking to offset your mortgage with rental income, accommodate extended family, or expand your real estate portfolio, this property delivers unmatched flexibility in today's market. The completely rebuilt and professionally remodeled main residence offers approximately **1,423 square feet** of modern living space with **3 spacious bedrooms and 2 designer bathrooms**, showcasing an open-concept layout, premium finishes, abundant natural light, and quality craftsmanship throughout. The newly constructed **2026 detached ADU** offers approximately **852 square feet** with **2 bedrooms, 1 bathroom, a private entrance, and separate living space**, making it ideal for extended family, guests, or rental income. Enjoy the benefits of a **fully paid-off solar system** with no lease or loan payments, along with **fire sprinkler systems in both homes** for added safety and peace of mind. Located near shopping, restaurants, schools, parks, and major commuter routes, this move-in-ready property is a rare opportunity to own **two exceptional homes on one lot** in one of Riverside's most convenient locations. **Live in one. Rent the other. Invest in your future. Schedule your private showing today before this one is gone!**
Welcome to a truly unique opportunity in the highly sought-after Canyon Crest neighborhood of Riverside. Situated on a private cul-de-sac and set on approximately one acre, this exceptional property offers a rare combination of space, flexibility, and income potential. The main residence features approximately 3,000 square feet with a versatile floor plan including two bedrooms, a dedicated office, loft area, multiple living spaces, and three bathrooms. Fresh interior paint and new carpet provide a clean, move-in-ready feel. Adding tremendous value is a brand new, approximately 900 square foot ADU with its own separate address—ideal for multigenerational living, guest accommodations, or immediate rental income. A separate approximately 600 square foot apartment above the four-car garage provides an additional private living space. Possible rental income for both units of approx. $4000. per month. The expansive lot features a natural hillside setting that enhances privacy and creates a peaceful, tucked-away environment while still offering usable outdoor space, a large, covered patio, and built-in spa for entertaining and relaxation. With ample parking, multiple living options, and a highly desirable location near Canyon Crest Country Club, UCR, and local amenities, this is a rare offering that combines lifestyle and investment in one property. Seller requests 2 hour notice. PLEASE DO NOT USE SHOWING TIME- Seller is a licensed CA Real Estate Broker/ Realtor
Have you ever wanted to own every house on the block? Well, now's your chance! There's only 4 houses on this cul-de-sac and you can own all of them! This rare investment property features 4 separate homes on one lot, each with its own private yard, separate utility meters, and dedicated laundry area. 3 of the 4 homes will be delivered vacant, providing immediate flexibility for owner-occupants, investors, multi-generational living, or those looking to maximize rental income. Whether you’re looking to live in one house and rent the others, create housing for extended family, or add a unique income-producing asset to your portfolio, this property offers exceptional versatility and upside potential. ----- Unit 3889: 2 bed / 1 bath (delivered vacant) ----- Unit 3879: 3 bed / 1 bath (delivered vacant) ----- Unit 3867: 2 bed / 1 bath (occupied) ------ Unit 3857: 2 bed / 1 bath (delivered vacant). Opportunities like this dont come around often, see it today!
PRICE IMPROVEMENT! Throughout Three Decades, 4600 Sunnyside Drive has Been Home, and the Opportunity has Come for a New Caretaker of the Property! Built in 1925 and Crafted in Adobe Plaster, the Main Residence is an Example of a Tudor Revival that is Listed in the Palm Heights Historic District and was One of Fourteen Dwellings Constructed During that Period....Enter Through Classic Arched Doorway, the Formal Living Room Greets You Offering Crown Moldings, Built In Bookcase, Gas Adobe Fireplace Encased with Marble, Original Wood Flooring....Primary Bedroom and Full Bathroom are on Lower Level Featuring Azul Mahogany Granite Counters, Rose Marble Flooring, Custom Mosaic Shower Tile...Stairway with Elegant Brass Carpet Runner Stair Rods Provide Access to Second Level Bedroom with Sitting Area and Half Bathroom....Kitchen is Light and Bright with Two Pantry's....Attached to Main House is Permitted Sun Room where Washer and Dryer Hook Ups are Available [main house is 1120 square feet]... The Back Units are in One Permitted Building with New Roof....Unit A is Approximately 400 Square Feet, One Level, Including Full Kitchen, Granite Counters, Island, Waterproof Luxury Vinyl Plank Flooring, New Appliances Installed in 2024, Recessed Lighting, Custom Tile in Full Bathroom....Unit B Offers Two Levels, Bedroom is in Second Level and is Spacious with Views of the Grounds, Skylights, Built In Bookcase, Three Quarter Bathroom... Lower Level, Kitchen and It's Vintage 1950's Sink, Laundry Hook Up, Luxury Vinyl Plank Flooring... Unit is Approximately 720 Square Feet and was Partially Renovated in 2026...There is Common Door that Connects Both Units, Both Units Can Be Combined as One Living Space....The Landscape is Whimsical and Serene Shared by Both Living Areas Accented by Mature Trees, Original Stone Fireplace and 10 x 12 Shed Built in 2024 Built to Code....Ceiling Fans, Stained Glass Light Fixtures, French Doors and Original Window are Just Some of the Many Highlights that Compliment this Fine Incomparable Property...
This is a great opportunity to own a duplex in a prime Riverside location with tons of potential. Both units have been renovated and offer 2 bedrooms and 1 bathroom each, making it a solid option for investors or even an owner-occupant looking to offset their mortgage. One of the units is currently vacant and move-in ready, featuring a spacious living room, a separate kitchen with quartz countertops, a new stove and range hood, and an updated bathroom with matching quartz finishes. There’s also a small private back patio that adds a nice touch of outdoor space. The other unit is tenant-occupied on a month-to-month lease. What really sets this property apart is the lot size and the possibilities that come with it. There’s room to expand the existing units, add a garage or laundry area, or even build an additional unit or another duplex (buyer to verify). It’s a rare chance to add value and maximize returns over time. The location is hard to beat—just minutes from the 91 freeway and close to the Galleria at Tyler, with plenty of shopping, dining, and entertainment nearby. It’s also conveniently located near schools, making it attractive for tenants. Properties like this don’t come around often, Don’t miss out on a strong investment in one of Riverside’s most convenient areas.
TRIPLEX!!! 1 Bedroom & 2 Studio Units! *3342, 3344, 3340 Eucalyptus Ave., Riverside - Rare opportunity to own a beautifully renovated triplex on an oversized 15,681 square foot flat, usable lot in one of Riverside's most sought-after investment corridors, ideally positioned between Downtown Riverside and UC Riverside. Renovated in 2024, this income-producing property blends classic Riverside character with modern updates, creating an outstanding opportunity for investors, owner-occupants, or those seeking multigenerational living. The desirable unit mix includes two studio units and one 1-bedroom, 1-bath unit, offering broad rental appeal for students, professionals, and long-term tenants. Separate gas and electric meters for each unit provide added convenience and simplified property management. The extensive 2024 renovations give the property a fresh, updated feel while maintaining its timeless character. The oversized lot offers exceptional flexibility with space for future expansion, additional parking, outdoor living areas, or potential ADU development (buyer to verify), making this a property with both immediate income potential and long-term upside. The central Riverside location places the property just minutes from Downtown Riverside's restaurants, coffee shops, entertainment venues, museums, and historic attractions. UC Riverside, Riverside City College, local hospitals, and major employment centers are all nearby, helping support consistent rental demand. Convenient access to the 91, 60, and 215 freeways makes commuting throughout the Inland Empire and surrounding areas simple.
RIVERSIDE, NEAR DOWNTOWN, NICE 4 UNIT APARTMENT BUILDING, STOVES, WALL A/C'S, LAUNDRY ROOM WITH 1 WASHER/1 DRYER, LARGE FENCED COURTYARD, GARAGES, SPRINKLERS, CLOSE TO RIVERSIDE CONVENTION CENTER AND MISSION INN, 2 - 1 STORY UNITS ARE IN FRONT BUILDING AND 2 UPSTAIRS UNITS WITH 4 DOWNSTAIRS GARAGES ARE IN SEPARATE BACK BUILDING 3074 LEMON - STUDIO/1BATH (FRONT BUILDING) 3076 LEMON - 1 BDR/1 BATH (FRONT BUIDLING) 3078 LEMON - 1 BDR/1 BATH (BACK BUILDING) 3080 LEMON - 1 BDR/1 BATH (BACK BUILDING) WATER IS PAID FOR TENANTS AT 3074, 3078, AND 3080. ALL UTLITIES ARE PAID FOR TENANT AT 3076.
We are pleased to present 4545-4581 Main Street, a 14-unit multifamily investment ideally located near Downtown Riverside. Positioned just off Magnolia Avenue and 14th Street, the property sits within one of Riverside's most desirable neighborhoods, known for its historic character, cultural attractions, and consistent rental demand. The asset spans three contiguous parcels totaling approximately 34,412 square feet and features a unique configuration of five separate buildings. This layout provides enhanced privacy, open space, and a predominantly single-story design, creating a more residential environment compared to traditional apartment complexes. Its proximity to Riverside City College and major transportation corridors further strengthens its long-term tenant appeal. The property offers key amenities that support stable occupancy, including 25 on-site parking spaces, an on-site laundry facility, and interior mini-split air conditioning systems. Recent capital improvements such as newer roofs and well-maintained exterior areas contribute to reduced maintenance needs and tenant retention. Additional income potential is supported by stand-alone garages that can be leased for storage, along with two separate owner's rooms that may offer future conversion into additional garages or ADU units, subject to buyer verification. The unit mix consists of one three-bedroom, two-bath home, six two-bedroom units, six one-bedroom units, and one studio, catering to a broad tenant base including students, professionals, and families. The property is currently operating at a 6.12% cap rate and 11.11 GIM, providing strong in-place income with upside through gradual rent growth. Located within a highly accessible and tenant-oriented corridor, the property is within walking distance to Riverside City College and under ten minutes from UC Riverside. Nearby amenities include major retail centers, employment hubs, and notable destinations such as the Mission Inn, The Cheech Center, Mount Rubidoux, and the California Citrus State Historic Park. With convenient access to the 91 and 215 Freeways, the property benefits from strong regional connectivity.45454581 Main Street represents a rare opportunity to acquire a well-located, low-density asset with stable cash flow and long-term growth potential in one of Riverside's most supply-constrained markets.
Great investment opportunity in the city of Riverside! This beautifully remodeled duplex features two addresses, 3904 & 3906 Monroe St, and is ideally located in a serene and established neighborhood within walking distance to California Baptist University and with convenient access to the 91 Freeway. Both units are owner occupied. The front unit offers 2 bedrooms and 1 bathroom with approximately 1,003 sq ft, while the rear unit features 2 bedrooms and 1 bathroom with approximately 862 sq ft. Both units have been fully renovated in 2025, showcasing a new roof, waterproof laminate flooring, dual-pane windows, updated kitchen cabinets, new water heaters, mini-split A/C systems, and upgraded electrical panels. This property is perfect for multi-generational living or for an owner-occupant looking to live in one unit while generating rental income from the other. Investors will also appreciate the strong rental potential in a desirable location. The property offers ample parking with an extended driveway that can accommodate multiple vehicles, leading to a one-car garage and an additional covered parking space. A backyard Children Jungle Gym structure is included with the sale.
3717 Roosevelt Street presents a well-located 3+1 multifamily opportunity in one of Riverside's most stable residential corridors. The property consists of three 2-bed / 1-bath units plus and additional non-conforming 2-bed / 1-bath unit, offering an attractive unit mix and strong income potential. Current rents remain slightly below market, providing a clear path to upside through standard turnover and light interior improvements, with pro forma gross income projected at $100,800 annually. Operating costs are lean, and the 1960s construction profile supports efficient, predictable management with minimal deferred maintenance concerns. Positioned near major employment centers, retail hubs, and key transportation routes, the asset delivers a compelling blend of stability, cash-flow growth, and long-term appreciation-making it an ideal acquisition for investors seeking well-located, manageable multifamily in the heart of Riverside.
RARE opportunity to own a beautifully updated triplex in the heart of Riverside offering immediate cash flow, exceptional upside, and a unique path to owner occupancy.One unit is currently vacant, creating an ideal opportunity for an owner-occupant to move in and potentially take advantage of owner-occupied financing options, including FHA financing for qualified buyers (buyer to verify with lender), while collecting rental income from the remaining units to help offset monthly housing costs. This is an excellent opportunity for buyers looking to build wealth through 'house hacking.'The property last generated approximately $64,704 in annual income with all three units occupied, with the potential to increase to approximately $85,704 annually through the included architect-prepared, city-approved ADU plans utilizing the existing detached garage (buyer to verify), creating a straightforward path to adding a fourth income-producing unit.Situated on two contiguous parcels totaling approximately 0.33 acres, this investment has undergone extensive recent improvements, including a new roof, complete unit renovations in 2023, fresh interior and exterior paint, and completed termite work, providing a low-maintenance ownership experience.The property features three well-designed units, ample on-site parking, and a detached garage assigned to the larger unit. Tenants pay gas, electricity, and trash, while owner expenses are limited to water and landscaping, contributing to strong operating margins.Ideally located just minutes from UC Riverside, Riverside City College, Downtown Riverside, and convenient access to the 60, 91, and 215 freeways, this property appeals to both seasoned investors and owner-occupants seeking rental income with long-term appreciation potential.Whether you're looking for a strong performing investment or the opportunity to live in one unit while your tenants help pay the mortgage, this property offers flexibility that is increasingly difficult to find.Drive-by only. Please do not disturb tenants. Interior inspection subject to an accepted offer.
Back on market! Great investment opportunity. Great locations, stable long-term renters. Located close to shopping and FWY
Pleased to exclusively present the opportunity to acquire two side-by-side 4-plex apartment buildings built in 1966 with 5,712 rentable square feet on a 0.33 acre contiguous lot in the City of Riverside. This offering totals eight units and features a highly functional mix of one and two bedroom floor plans. Ideally positioned with convenient access to the I-10, I-215, SR-60, and SR-91 freeways, the property offers residents excellent regional connectivity throughout the Inland Empire. The buildings are equipped with two on-site laundry facilities, wall-mounted air conditioner & heater units. Each unit is individually metered for gas and electricity & have individual hot water heaters. Parking consists of 11 open parking spaces. The property is on septic, with new tank installed in 2025. The electrical panels were also recently updated. The asset presents a value-add opportunity, with the ability to enhance cash flow through rent growth. Additionally, qualified buyers may benefit from the potential availability of 30-year fixed-rate financing, a significant advantage for investors seeking stable, long-term returns on small-balance multifamily assets. Riverside offers a strong and affordable investment backdrop anchored by steady job growth and a diversified employment base. The city is home to University of California, Riverside and benefits from a large public-sector presence tied to Riverside County, healthcare, education, and logistics. Compared to coastal Southern California markets, Riverside remains relatively affordable, supporting continued in-migration and sustained renter demand. Residents enjoy a robust lifestyle and amenity base, including the historic Mission Inn Hotel & Spa, the Fox Performing Arts Center, and outdoor attractions such as California Citrus State Historic Park. With a population of approximately 323,700 and a median household income near $88,600, Riverside’s demographic and economic fundamentals continue to support long-term multifamily ownership. Overall, 421–427 Devener Street represents an attractive opportunity to acquire a centrally located apartment building in Southern California’s most resilient and investor-friendly inland markets.
Riverside is located in California. Riverside, California has a population of 314,858. Riverside is more family-centric than the surrounding county with 36.33% of the households containing married families with children. The county average for households married with children is 35.14%.
The median household income in Riverside, California is $76,755. The median household income for the surrounding county is $76,066 compared to the national median of $69,021. The median age of people living in Riverside is 31.9 years.
The average high temperature in July is 94.2 degrees, with an average low temperature in January of 42.4 degrees. The average rainfall is approximately 11.3 inches per year, with 0 inches of snow per year.
