Riverside CA Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
1,500
Status:
Active
Beds:
n/a
Lot size:
0.12 Acres
Year built:
1962
Baths:
MLS#:
PW24245216

ADDITIONAL INFORMATION

Great Location! Investors Get Excited! Upgraded Duplex with a 1 Car Garage for each Unit. Each unit (11742 & 11744) are 2 Beds / 1 Bath with their own small yard. Front unit has just been REMODELED with Paint, Luxury Vinyl Flooring, Carpet, Beautiful Quartz Counters & Painted Cabinets in the Kitchen. Spacious Bedrooms each have Ceiling Fans with a Light. Wall Air-conditioning in Living Rooms. Back unit was upgraded approx. 3 years ago. Back Unit 11744 has Washer & Dryer Hookups in the garage. Conveniently located next to La Sierra University (walking distance), Kaiser Medical Center and The Galleria at Tyler Mall, plus easy access to the 91 Fwy and much more! Tenants have separate electric & gas meters. There is one water meter so sellers pays for water & gardner. You don't want to miss this one!

Type:
Fourplex
Sq.Ft.:
3,100
Status:
Active
Beds:
n/a
Lot size:
0.33 Acres
Year built:
1950
Baths:
MLS#:
HD24222146

ADDITIONAL INFORMATION

Front facing detached home with 3BRs & 1 bath plus rear triplex with (3) 2BR/1 bath flats. Triplex has (1) 2-car garage and (1) 1 car garage. In addition, there is a 2-car detached garage toward the rear of the site. Units have separate electric & gas meters and separate water heaters. All occupants are om month-to-month tenancies.

Type:
Triplex
Sq.Ft.:
3,655
Status:
Active
Beds:
n/a
Lot size:
0.97 Acres
Year built:
1948
Baths:
MLS#:
TR24165230

ADDITIONAL INFORMATION

Truly great investment opportunity! 3 separate units, each has its own street address! 4 buildings, total 3,655sf living space and a huge 42,253sf flat lot! Huge development opportunities! There are 3 water meters, 3 gas meters, 3 electric meters; each unit pays all of its own utilities! Each unit has its own trash account and each tenant even pays its own trash bill! A huge saving for the Landlord here, more money in the Landlord’s pocket. Front unit is located at the corner of La Sierra Ave and Norwood Ave directly across a Seven and Eleven with a 100.17ft frontage! Buyer could investigate re-zoning possibility making this corner lot a much more valuable commercial zone. Conveniently located one small block north of The 5 Point approximately 1/2 mile from the La Sierra University, walkable distance to the La Sierra High School, and only short minutes’ drive to Galleria at Tyler, AMC 16, restaurants, entertainment centers and the Castle Park. Each unit has its laundry hookup and garage, total 6 garage parking with at least 20+ extra on property parking spaces, each unit even has its front lawn and back yard. (some garages might have been converted). Unit 11035 Norwood has a brand new roof installed in 2024! Unit 11059 Norwood Ave has new major pumping work done this year in 2024! It also has a new wood fence installed in 2022. There is a 4th building where an occupant that have been living there for 25+ years has just vacated!!! An additional opportunity. The huge 266.63ft deep lot with 42,253sf flat usable area is the game changer and a huge development opportunity. Call today and do not miss this truly great investment opportunity!!

Type:
Single Family
Sq.Ft.:
2,500
Status:
Active
Beds:
n/a
Lot size:
0.48 Acres
Year built:
2020
Baths:
MLS#:
CV24188349

ADDITIONAL INFORMATION

The property is ideal for income potential or multigenerational living, this property is situated across from an elementary school near La Sierra University. It features two separate homes with a total of 2,518 square feet of living space. The first home offers 1,318 square feet, including a new 500 sq ft addition, with 3 bedrooms, 2 bathrooms, a master suite, and a laundry room. The second home also includes 3 bedrooms, 2 bathrooms, a master suite, and a laundry room. The property boasts a large 900 sq ft workshop garage (35' x 25') with a full bathroom, perfect for RV parking or storage, with a 14' high ceiling. Other amenities include a newly constructed 500 sq ft patio cover and over 13,000 sq ft concrete driveway, all completed in 2020. The lot spans 20,909 sq ft and includes two automatic gate entries for added convenience. Fruit trees on the property include orange, mandarin, guava, passion fruit, lemon, medlar, and pomegranate. Each residence has its own electric meter, making this property ideal for living in one home while renting the other, with proximity to schools and local amenities!

Type:
Duplex
Sq.Ft.:
2,089
Status:
Active
Beds:
n/a
Lot size:
0.19 Acres
Year built:
1953
Baths:
MLS#:
CV24165506

ADDITIONAL INFORMATION

Two-unit homes in Riverside, conveniently located near schools and shopping centers, offer modern amenities, spacious living, and a family-friendly environment. Each unit features updated kitchens, and ample parking, perfect for comfortable city living

Type:
Single Family
Sq.Ft.:
1,010
Status:
Active
Beds:
n/a
Lot size:
0.17 Acres
Year built:
1940
Baths:
MLS#:
IV24112431

ADDITIONAL INFORMATION

Has been used most recently as a rental property (Single Family Home and a commercial workshop building). Workshop has a separate RPU utility meter with a business utility account. Buyer to do their own due diligence regarding "year built", "building area total", and any associated permits with the property and structures. There are conflicting sources of information from the County and City regarding square footage of both structures, and their year of construction. Possible construction/development near the property, contact the City for more details. Recently completed retail and residential projects in the immediate area. Photos have been digitally enhanced/staged by a professional photographer.

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Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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Riverside Real Estate

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 92505 has a population of 314,858. Riverside 92505 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 92505 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 92505 is 31.9 years.

Riverside Weather

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.

Riverside Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    63
    30-day change

Riverside Schools and Demographics

Education near Riverside, CA

Metric City County
High School Graduates 82.53 82.99
College Degree - 2 year 8.09 8.44
College Degree - 4 year 23.89 23.53
Graduate Degree 6.65 6.06
Expenditures per Student 15,296 15,296
Students per Teacher 23.4 23.4

Elementary Schools near Riverside, CA

School Grades Students P/T Ratio ZIP
Allan Orrenmaa Elementary School KG - 05 596 25.9 92503
Arlanza Elementary School KG - 05 609 25.9 92503
Collett Elementary School KG - 05 637 23.6 92505
Foothill Elementary School KG - 05 602 23.1 92503
La Granada Elementary School KG - 05 687 25.4 92505
Lake Hills Elementary School KG - 05 832 26 92503
Myra Linn Elementary School KG - 05 627 23.2 92505
Phillip M. Stokoe Elementary KG - 05 774 25.4 92505
Promenade Elementary School KG - 05 644 25.8 91719
Rosemary Kennedy Elementary School KG - 05 550 26.2 92505
S. Christa McAuliffe Elementary KG - 05 753 26.9 92505
Terrace Elementary School KG - 05 663 26.5 92503
Twinhill Elementary School KG - 05 570 27.1 92505
Valley View Elementary School KG - 05 394 26.3 92505

Middle Schools near Riverside, CA

School Grades Students P/T Ratio ZIP
Arizona Middle School 06 - 08 1,111 26 92503
Loma Vista Middle School 06 - 08 1,070 24.6 92505
Wells Middle School 06 - 08 922 24.6 92503
Ysmael Villegas Middle School 06 - 08 1,356 25.2 92503

High Schools near Riverside, CA

School Grades Students P/T Ratio ZIP
Hillcrest High 09 - 12 1,353 25.5 92503
La Sierra High School 09 - 12 2,137 23.5 92505
Norte Vista High School 09 - 12 2,189 25.3 92503

Ungraded Schools near Riverside, CA

School Grades Students P/T Ratio ZIP
* Alvord Alternative Continuation High 10 - 12 118 19.7 92505
* Alvord Continuation High School 09 - 12 158 15.8 92503

Demographics near Riverside, CA 92505

Metric Zip Code City
Neighborhood Type Suburban
Population 314,858 2,409,331
Population Density 3,875 334
Median Age 31.9 36
People per Household 3.4 3.2
Median Household Income 76,755 76,066
Average Income per Capita 28,771 32,079