This fourplex is ready for new owner. The well maintained four units (two buldings on approximately 6500 square lot) in a residential area of Riverside is close to public transportation, all services and commercials: Riverside Community Hospital, minutes from Riverside Community College and all the eateries on Magnolia and Brockton. Nothing of this sort listed in this neighborhood in the recent. The newly refurbished single family 2 bedroom 1bath house is rented for $2000.0/month, two(2) of the three 1 bedroom1bath occupied by long term tenants are paying low rents of $1300 and $1350 respectively. The previously vacant 1 bedroom 1 bath which has enjoyed its own recent refurbishment of flooring, new kitchen countertop and paint throughout, is recently rented for $1400/month. All the units have upside potentials. Motivated seller. Both buildings have had new roof installation less than two years. This one will not last it is a drive by only (STI), do not walk into the premises without authoriation, do not engage the tenants, they are not aware of sale. Contact Listing agent if you have any question.
Huge investment opportunity located close to Downtown in the beautiful city of Riverside. This NSP-FMU zoned property has tons of mixed use potential for Residential and Commercial applications.This property is currently generating income with a huge billboard on the corner of the lot. Property includes a 950 sq. ft. 2b1b building, a 1b1b 426 sq. ft. ADU and a huge shop. Perfect property to fix up and lease out to other businesses or to fix up for your own business. Property is in the process of getting building permits which may be transferred to the new owner which will save you thousands of dollars! Can also be used for Truck parking, the potential is limitless. Call today!
Discover a stunning two-story Craftsman home in the Mission Inn Historical District, boasting an individual designation as a Structure of Merit and qualifying for the Mills Act. This historical residence has been thoughtfully converted into a triplex. The main house features three bedrooms, one bath, indoor laundry, and a walk-in basement. The upper level has been transformed into a one-bedroom, one-bath unit with a separate entrance. Additionally, a detached garage has been converted into a studio, complete with its own entrance and parking area. This property presents a prime investment opportunity, perfect for multifamily living. Reside in one unit and lease the others, all while enjoying proximity to UCR, RCC, and the 60/91/15 freeways. Embrace a piece of Riverside's cherished history.
Welcome to 4081 5th St, Riverside, CA, a charming duplex ideally situated within walking distance to the vibrant downtown Riverside. This well-maintained property offers a unique blend of modern upgrades and classic appeal, making it perfect for both homeowners and investors. As you step into each unit, you are greeted by a bright and airy living space adorned with contemporary light fixtures and stylish wood flooring. One of the units boasts sleek countertops, modern cabinetry, and convenient bar seating, offering a stylish and functional living space. The property features multiple cozy bedrooms, each designed with comfort in mind, and well-appointed bathrooms that exude a spa-like ambiance with their modern fittings and finishes. One of the units showcases a unique accent wall, adding a touch of personality and warmth to the space. Outside, the duplex exudes curb appeal with its classic front porch, perfect for enjoying your morning coffee or evening relaxation. The landscaped front yard is easy to maintain and adds to the overall charm of the property. The location of 4081 5th St is simply unbeatable. Nestled in a quiet neighborhood, it provides a serene living environment while being just a stone’s throw away from the bustling downtown area. Here, you’ll find an array of
Multi-family property - ** TWO Detached Houses on a Lot ** - The Main house is a spacious Craftsman style 2 bedrooms / 1 bath with its own laundry room. (That can be converted to a third bedroom.) The kitchen has been upgraded with quartz countertops. Living room offers a fireplace, and dining room with lots of built-ins. Windows have been upgraded through-out. New Electrical and steel supporting beams. **DETACHED ADU is a newly built Studio with bathroom, kitchen and 8 Solar Panels. Adding 461 sq ft. [Built in 2023]. Nearby Freeway access, walking distance to shopping, restaurants, museums, Riverside Art Museum, Mission Inn, Parks, Food Lab, Fairmount Park, all Downtown Riverside. Must See!!
The median home value in Riverside, CA is $590,700. This is higher than the county median home value of $536,000. The national median home value is $338,100. The average price of homes sold in Riverside, CA is $590,700. Approximately 52.85% of Riverside homes are owned, compared to 42.03% rented, while 5.13% are vacant. Riverside real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Riverside real estate agent to arrange a tour today!
Riverside, California 92501 has a population of 314,858. Riverside 92501 is more family-centric than the surrounding county with 35.72% 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 92501 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 92501 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.