***SELLER FINANCING AVAILABLE with below market Competitive Interest Rate.*** The Villas at Columbia is an 18-unit apartment community located just 1.5 miles from the heart of downtown Riverside. Built in 1988, the property sits on a 1.23-acre parcel and features gated access, covered parking, and ample space for potential ADU additions. Per CA State Law, 4-6 ADUs are allowed to be converted or built based on existing number of units. The allowable floor area for each ADU ranges from 150 sf to 800 sf. ADUs add considerable NOI and value-added. (Buyers shall complete their independent due diligence on ADUs.) In the past six months, 11 of the units have undergone comprehensive renovations, including updated flooring, fresh paint, modernized kitchens with new appliances and cabinetry, and fully remodeled bathrooms. Each unit is equipped with air conditioning, fireplaces, ceiling fans, and other appealing design features. The property includes a tentative map and fully processed DRE/HOA documents, enabling a seamless conversion to for-sale condominiums at the owner's discretion. This presents a unique opportunity to unlock significant additional value through a condo conversion strategy. Each unit is individually metered for electricity and gas, with tenants covering these costs. The owner currently pays for trash, water, and sewer, and there is no RUBS program in place, offering potential buyers an opportunity to enhance operational efficiency and increase income. The unit mix is highly desirable, featuring one-bedroom units with lofts and two-bedroom units with and without lofts. Uniquely, all one-bedroom units include 1.5 bathrooms, an uncommon feature in the market. Additionally, loft units command a notable rental premium compared to non-loft options.
Instant equity opportunity! Here’s your chance to buy an investment property and be in the green from day one! The property recently appraised for $1.274M, making this the perfect addition to your real estate portfolio. Whether you're an investor or a buyer seeking a multi-unit property to live in while generating rental income, this is an opportunity you won’t want to miss. The potential for house hacking is enormous—live in one of the units while collecting rents from the others, or enjoy the steady, reliable income stream as an investor. Not only can you build an additional 3 units on the property, the property also generates a strong net operating income (NOI) of $88,371 annually, making it a high-yield investment with exceptional growth potential in a booming area. With a cap rate of **7.2%**, this property represents a highly attractive opportunity for anyone looking to capitalize on Riverside's growing real estate market. This exceptional triplex is a rare gem in Riverside, offering a prime opportunity for both savvy investors and buyers looking to house hack. Situated just minutes away from the 91 and 215 freeways, as well as the vibrant Downtown Riverside area, this property offers unrivaled access to major commuter routes and city amenities. Riverside City College, the University of California Riverside (UCR), California Baptist University, shopping, dining, and entertainment options are a few minutes away, this location is truly at the heart of it all. The property features three distinct units, each with unique potential. One of the detached units is a brand-new construction, offering 3 spacious bedrooms, 2.5 bathrooms with a 2-car garage. At 1,199 sqft, this beautiful home is fully independent, with its own separate utilities. The other two units are well-maintained, recently remodeled and offer a combined mix of 3-bedroom, 2-bathroom (1,162 sqft) and 1-bedroom, 1-bathroom (600 sqft) units, both sharing utilities. Both occupied units are on a month to month lease. With a huge lot measuring 13,068 sqft, the property offers plenty of space for potential future improvements or expansion. A great opportunity as The city will allow you to build an additional 3 units on this property. Whether you're looking for the perfect place to live or a solid, income-generating investment, this property checks all the boxes. Don’t let this once-in-a-lifetime opportunity slip away. Make your move today!
Courtesy: The Agency
Courtesy: COMPASS
Courtesy: KB HOME
Courtesy: KB HOME
Courtesy: Windermere Tower Properties
Welcome to a completely remodeled and upgraded ranch style home in a cul-de-sac and located in the highly desirable Woodcrest area of Riverside. This beautiful home contains 5 bedrooms, 2 baths, and an open floor plan between the living room and kitchen. All electrical, plumbing, and HVAC has been upgraded. The kitchen exudes modern luxury while maintaining a timeless natural look to suit all tastes. It also boasts a HUGE hightop island that can fit the entire family and will serve as the central gathering point when entertaining family and friends. It gets even better. The property features 1.51 acres of usable land that has views of the city of Riverside in the front and a mountain views in the backyard. The front of the property has newly installed modern gates that add to the elegance of the home. As you make your way up the long extended driveway, you will notice a brand new retaining wall that creates usable space all along the right side of the property. The backyard has a gorgeous pool and spa, along with a fire pit to enjoy with friends and family on cool nights. The back patio is massive and allows for plenty of room to host parties and gatherings. There is a whole section of graded and flattened land that provides endless opportunities for backyard living or space to care for your horses. When you make your way to the left side of the property, you will see more opportunities to create RV parking, 1 or 2 ADUs, and/or additional space for horses. One of the unique features of the property is the private feel of the street where there is no pass-thru traffic. This creates a super quiet and tranquil home setting. You have to see this property in person to believe it! Make it yours today before it's too late!
Come see this spacious single story 2 bedroom, 1 and 1/2 Bath freshly painted condo in Riverside, You'll be pleasantly surpised as you enter, you'll be greeted by a spacious living room, The living room seamlessly flows into a kitchen equipped with stainless steel refrigerator, Stove, Microwave and dishwasher with island, laminated flooring through out the unit both bedroom feature large closets with celing fans, in unit private upright washer and dryer, sliding living room door leads to court yard, unit come with one underground parking spot unit is close to the Regal Riverside Plaza and Washington Park, Schools nearby Madison Elementary, Sierra Middle School and Ramona High School.
Welcome to this beautiful 4-bedroom, 3-bathroom home, ideally located in the sought-after neighborhood of Victoria Grove in Riverside. Offering both style and function, this home with new luxury vinyl plank flooring throughout, features an inviting layout with plenty of space for family living and entertaining. The kitchen, with granite countertops, large one basin sink, newer appliances, ample cabinetry, and a functional center island make it perfect for meal prep and casual dining. It flows seamlessly into the expansive living areas, creating a warm and welcoming space for gatherings. One of the standout features of this home is the versatile downstairs bonus room, which could easily function as an extra bedroom or home office to suit your needs. Additionally, there is a full downstairs bathroom, providing added convenience and flexibility for family and guests. Upstairs, the spacious master suite is a private retreat with a walk-in closet and a large en-suite bathroom featuring dual vanities, a soaking tub, and a separate shower. Three additional well-sized bedrooms offer plenty of room for everyone to spread out. The oversized loft adds significant square footage for whatever you may need. Enjoy energy-efficient living with the added benefits of a leased solar panel system, a whole house fan, and a tankless water heater, keeping utility costs low while promoting sustainability. If working or playing in the spacious 3 ½ car garage is your thing, enjoy your time in comfort with the installed mini-split air conditioner. The low-maintenance backyard is an entertainer’s dream, featuring a full length Alumawood patio cover, newly installed turf, and a putting green offering the perfect spot for relaxing or hosting outdoor gatherings. This gated community, right next to award-winning Lake Mathews Elementary, is the perfect place to call home in the best location! Don’t forget the wonderful amenities including the large association pool and spa, multiple parks and playgrounds, softball and soccer fields, and a basketball court. Conveniently located near many local shopping and dining options and easy access to major freeways, Fastrack lanes, and the Metrolink. Nestled up in the hills, just far away from everything to be peaceful and secluded, but close enough to be a part of it all. Don’t miss out on this incredible opportunity to own a beautifully maintained, move-in-ready home. Schedule your tour today!
Nice single story home on a large lot, spacious floor plan with 10 feet ceiling, fresh interior and exterior paint, recess Lighting and laminate flooring, beautiful arches, living Room, powder room, formal dining room, family room with fireplace and entertainment niche , central island kitchen with lots of cabinets and a walk-in pantry, Breakfast Nook with double French door lead to beautiful back yard porch and patio. Three bedrooms plus a den and a full bath at the side of the den, master bedroom with separate shower and a large roman jacuzzi tub, double sinks, walk-in closet and built-in make-up counter. Jack and Jill room with a full bath, laundry room with sink and cabinet, dual central air compressor, gated front yard with remote iron gate, large side yard with porch and storage, large 3 car garage with working counters, and much more. Please see to appreciate. Some of the uploaded photos were virtually staged
Courtesy: Crest Sotheby's International Realty
Courtesy: Javier Alvarez, Broker
Courtesy: eXp Realty of Greater Los Angeles
Courtesy: RE/MAX TIME REALTY
Courtesy: Windermere Tower Properties
Less than 5 minutes away from vibrant Downtown Riverside and historic Mount Rubidoux, discover modern living in Riverside! Stunning award-winning new construction cul-de-sac homes boast 4 bedrooms with a master on the first floor, RV access/parking, solar panels, and detached garages (with ADU conversion potential). These award-winning homes offer spacious layouts, high-quality finishes, and energy-efficient features. Don't miss this opportunity to own a piece of Riverside's future, with easy access to all amenities; only 7 homes.
Just for you, contractors and/or owner builders a profitable Investment Opportunity located in a highly desirable area of Riverside. A flat 1.55 acres land located in a highly traffic corner of Nandina Ave and Barton St with utilities conveniently located at the corner of the property. This piece of land is surrounded by high-end residences, and a mile away from Van Buren Blvd and freeway 215 where a significant development of large, commercial warehouses taking place, particularly near the March Air Force Base area, with a project called "West Campus Upper Plateau." This large development of commercial real estate nearby makes this property a very attractive investment for the future. Currently, the property is zoned A-1. Buyers and buyer’s agent are advised to do due diligence and satisfy themselves to all aspects of the property
This tastefully upgraded home, located in the desirable Woodcrest area in Riverside, boasts 3,840 sq ft of living space and sits on a spacious lot of more than 1 acre!! Featuring a great sized detached 3-car garage, this property showcases a stunning panoramic view of the city and mountains. Recent updates include new vinyl flooring, fresh interior and exterior paint, and high-end kitchen cabinets and appliances. The home also boasts new electrical outlets and fixtures, new plumbing fixtures, and stylish new vanities and faucets in the bathrooms. The primary bathroom has been extensively remodeled with decorative tiles, new plumbing and light fixtures, and a brand-new bathtub for a luxurious retreat. Additional updates include a new garage door, a new main entry door, and more! The backyard has been cleared of trees, wood on the deck has been replaced and repaired. The front porch now features beautiful new tiles, completing the home’s fresh look. Inside, you'll find a spacious layout with a Primary bedroom and ensuite bath on the entry level, along with a large secondary bedroom and an open kitchen concept. The downstairs area includes a laundry room, wet bar with plumbing, a cozy fireplace, a den, and two additional bedrooms. The property is complemented by a deck around the back of the home, perfect for outdoor relaxation, and a circular driveway for convenient access. This home offers a blend of modern upgrades, expansive living space, and breathtaking views, all set within this tranquil Woodcrest community. Act now, before it's too late! ***This property is not for rent***
Welcome to 2262 Rockwell Road, a contemporary masterpiece perched on a granite hilltop, offering unparalleled views of Riverside. This truly one-of-a-kind estate evokes refined luxury from the moment you enter. The custom double-door entry sets the tone for the elegance that lies within. Step into the grand foyer, where your gaze is immediately drawn to the exquisite architectural details, including exposed support beams and expansive walls of glass that frame the oversized formal living and dining rooms. The heart of the home is the massive gourmet kitchen, featuring two built-in Sub-Zero refrigerators, cooling drawers, and an abundance of counter space. The adjacent dining area offers stunning city views, making every meal a picturesque experience. The family room, bathed in natural light, boasts cathedral ceilings and a striking stacked stone fireplace, creating a warm and inviting atmosphere. Just off the family room, a versatile game room offers the perfect space for an office, exercise room, or additional living area. The split-level design includes three main-level bedrooms, including a luxurious master suite and two bedrooms that share a beautifully tiled Jack and Jill bathroom. On the lower level, you'll find a fourth bedroom with an adjacent full bathroom, ideal as a maid's quarters or guest suite.The outdoor living spaces are equally impressive. The large, covered patio is the perfect spot to admire the meticulously landscaped grounds, featuring countless flowering plants and mature trees that provide privacy and tranquility on this nearly one-acre lot. One of the estate's most extraordinary features is the massive 10+ car garage, complete with a wine cellar, workshop, and elevator access to the main living level. The possibilities for this space are limitless, offering the potential to create a dream garage, studio, or even an additional living area. Located on a cul-de-sac and surrounded by some of Riverside's most prestigious properties, Rockwell Rd. is just steps from the Gage Canal, an ideal spot for a serene sunset walk. This estate offers an unparalleled combination of luxury, privacy, and convenience, making it the perfect place to call home.
Nestled in the heart of Riverside, CA, at 6979 Palm Ct #146N, this condo presents a harmonious blend of functionality and style within its 1,026 square feet. The welcoming interior features an open-concept living and dining area, enhanced by durable tile floors. The kitchen awaits the home chef with its ample cabinet space, modern appliances, and a convenient dining nook, ideal for both casual meals and sophisticated dinner parties. Two generously sized bedrooms offer versatile space; the master suite boasts a serene retreat, showcasing contemporary fixtures and finishes. Beyond the comfort of the indoors, residents will appreciate the private patio, an extension of living space perfect for morning coffees or evening relaxation. The Magnolia Palms Condominiums community lifestyle is enriched with amenities such as a sparkling pool, and secure parking, fostering a sense of community and safety. This property, built in 1959, has been thoughtfully updated to meet today's standards of living. Its strategic location provides quick access to the Riverside Plaza for shopping and dining, cultural attractions, and major transportation routes, making it an exemplary choice for those seeking a balance between peaceful living and urban convenience.
Courtesy: Awad & Associates
Courtesy: AURORA REAL ESTATE
Courtesy: eXp Realty of California, Inc.
Courtesy: Coldwell Banker Realty
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.
