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Active Under Contract
3633 Kansas Avenue Riverside, CA 92507
$775,000
6 beds
3 baths
2,008 sq ft

Property listed by BERKSHIRE HATH HM SVCS CA PROP, MARTHA CERVANTES. IDX Contact: 909-980-3100

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  • Jared Jones

    Jared Jones

    Founder, Realtor®

    DRE# 01822924

  • Brian Hopkins

    Brian Hopkins

    Co-Founder, Realtor®

    DRE# 02066958

Property Description

*** 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 Are Occupied and All Tenants would like to stay. They are all current on their rents. The Tenants are not being asked to vacate the property, that will be left up to the discretion of the new Owners.**See Supplements**

Property Details & Features

Property Type

  • Triplex

Year Built

  • 1907

Schools

  • Riverside Unified

Basement

  • Unfinished

Bathrooms

  • 3 full bathrooms
  • 3 total bathrooms

Bedrooms

  • 6 total bedrooms

House

  • 2 total stories
  • Built in 1907
  • Stories: 2
  • 2,008 sqft living area
  • Traditional
  • 2+ Common Walls
  • Unknown
  • Two
  • Triplex

Community

  • 3 units in community
  • Suburban

Cooling

  • No cooling

Fence

  • Block
  • Chain Link

Fireplaces

  • Living Room

Floors

  • Carpet
  • Tile
  • Vinyl

Foundation

  • Raised

Garage

  • 3 garage spaces

Heating

  • No heating

Interior Features

  • Ceiling Fan(s)
  • Unfurnished

Listing

  • Listing ID: CV22071694
  • Property Subtype: Triplex
  • 80 days on market
  • Listed on 2022-04-11

Location

  • County: Riverside

Lot

  • 6970 sqft
  • 0.16 acres
  • Area: 6970
  • 2-5 Units/Acre
  • Back Yard
  • Front Yard
  • Lawn
  • Landscaped
  • Level

Parking

  • Carport
  • 3 total parking spaces
  • Detached Carport
  • Driveway
  • Paved
  • RV Potential
  • Shared Driveway
  • Garage Faces Side

Possession

  • Close Of Escrow

Property

  • 3 units
  • Property attached

Roof

  • Shingle

Schools

  • Elementary School: Longfellow
  • High School District: Riverside Unified

Sewer

  • Public Sewer

Utilities

  • Cable Connected
  • Electricity Connected
  • Natural Gas Connected
  • Phone Connected
  • Sewer Connected
  • Water Connected

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