$689,576*
●
Multifamily -
Off Market
3633 Kansas Avenue
Riverside, CA 92507
6 Beds
3 Baths
2008 Sqft
$585,000 - $715,000
Reference Base Price*
6.09%
Since Jan 1, 2023
National-US
Primary Model
About This Property
****TRIPLEX ******* TWO LOTS ***Opportunity Knocks!!! Here's a rare
and unique opportunity to own this beautiful triplex in the heart
of Riverside, this property has a huge upside to generate rental
income, you can live in one of the units and rent out the others.
The home is in downtown Riverside and it is centrally located to
all amenities, close to shopping centers, Fairmont Park, the
Mission Inn, UCR(1.8 miles from home), Riverside City College, the
60 freeway, the 91 freeway with a quick interchange to the 10 and
215 freeway. This is the perfect commuter property. As you walk up
to the home you will be greeted by a beautifully manicured yard
with nice curb appeal and for the added WOW factor it has a
sprawling double driveway with spacious parking to accommodate the
three units. The units offer nice amenities and a comfortable
living space, they are perfect for families looking for nice
affordable living conditions. The property has three detached
garages two on one side of the property and a single garage on the
other side of property, they can be used to park cars or for extra
storage. The property is nicely centered on both lots, it's pushed
back from the street, which gives the home plenty of privacy with a
nice size front yard. The backyard has a parklike feeling, plenty
of mature trees for shade and bearing fruit trees, what a great
place to relax! In addition, a nice portion of the backyard has
been cemented and has a landscaped backyard for the kids to play.
This home is a great place to generate rental income and possibly
convert it into a quadraplex by building a spacious ADU.... Just
imagine the possibilities... This property is definitely unique and
has a lot of potential, it has two lots with its own APN#'s, it has
the potential to add an ADU up to 1,200 sq ft (for concise
requirements check with the city) and you would still have plenty
of yard space for the tenants to enjoy the outdoors****Both Lots
Are Being Sold Contiguously****(House APN# 211-104-018) and (Lot
APN# 211-104-017)****Total Lot size between both APN's is 14,375 sq
ft***Both Lots Are Being Sold Contiguously**** ***Calculations are
based on Pro forma rent***All units will be delivered vacant***
The manager has listed the unit size as 2008 square feet.
The manager has listed the unit size as 2008 square feet.
Unit Size
2,008Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$324
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1907
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Dec 20, 2022 | No longer available | - | |
No longer available | |||
Dec 15, 2022 | Sold to Meha Chopra, Rajan Chopra | $625,000 | |
Sold to Meha Chopra, Rajan Chopra | |||
Dec 2, 2022 | In contract | - | |
In contract | |||
Nov 10, 2022 | Relisted | $730,000 | |
Relisted | |||
Nov 10, 2022 | Price Decreased |
$650,000
↓ $80K
(11%)
|
|
Price Decreased |
Show More
Property Highlights
Garage
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
04/11/2022
|
|
6 Bed
|
3 Bath
|
2008 ft²
|
$775,000
6 Bed
3 Bath
2008 ft²
|
-
-
|
-
|
MARTHA CERVANTES
BERKSHIRE HATH HM SVCS CA PROP
|