3876 Locust Street Riverside, CA ^$ 899,000

3876 Locust Street

^$ 899,000

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3876 Locust Street

Riverside, CA, 92501

^$ 899,000

Bedrooms3 Baths3.0 Sq 2,196

Monthly Estimate*

^$ 5,975

Listed by DAY REALTY GROUP

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Multi-Family Home for sale in Riverside, CA

for $899,000 with 3 bedrooms and 3 full baths. This 2,196 square foot home was built in 1909 on a lot size of 0.16.

GREAT Rental Opportunity in Riverside's Downtown District. 3-Plex with 3 separate units in a single two-story building. One unit upstairs and two downstairs. Each unit is one bedroom and one bath with separate entrances. Each unit has a kitchen, dining and living room area. Well maintained property, including new exterior paint in 2020, and new windows and exterior doors installed in 2018. Two separate garages which are currently rented to tenants for storage. New Long driveway installed in 2023; plenty of parking. All units with renovations within the last 4 years.

Multi-Family Active

Price

^$ 899,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Triplex

Lot Size

0.16

Year Built

1909

Town/City

Riverside

County/Region

Riverside

MLS | Web ID

IV24093167

Days on Market

Features

General

Sewer PublicSewer

Heating WallFurnace

Cooling WallWindowUnits

Zoning R1065

HOA 0.0

Garage Spaces 2.0

Pool Features None

Year Built 1909

Tenant Pays Electricity TrashCollection

Stories 2

Levels Two

Property SubType Triplex

Gross Income 67740.0

Community Features Sidewalks

County Riverside

Net Operating Income 62740.0

Operating Expense 5000.0

Insurance Expense 0.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Contingency None

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions 3 units with 3 separate addresses 3874 3876 and 3878 Locust Street. One building.

City Riverside

Entry Location Front

View Y/N N

Senior Community Y/N N

NumberOfUnitsTotal 3

MLS Area 252 - Riverside

Lot Size Units SquareFeet

Lot Size Square Feet 6970.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 2

Street Name Locust

Listing Terms Cash Conventional FHA FannieMae

Property Attached Y/N Y

Land Lease Y/N N

Home Warranty Y/N N

Fuel Expense 0.0

Trash Expense 0.0

Water Sewer Expense 500.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 10

Building Area Units SquareFeet

Standard Status Active

Year Built Source Appraiser

Tax Lot 11

Total Actual Rent 2725.0

Property Sub Type Additional Triplex

Taxes 0.0

Exterior

Lot Features Item25UnitsAcre

Water Source Public

Total Parking 2.0

Lot Size Area 6970.0

Number of Buildings 1

Spa N

Building Area Total 2196.0

Lot Size Acres 0.16

Lot Size Source Appraiser

Number of Separate Water Meters 1

Number of Separate Gas Meters 2

Number of Separate Electric Meters 3

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Fireplace Features None

Total Stories 2

Common Walls Item2CommonWalls

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Street Suffix Street

Laundry Features LaundryRoom

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 3876

* Excluded Features

List By

Day Realty Group

Broker

(909) 908-0696

Phone

Affordability Calculator

$5,975

Per Month

Monthly Principal & Interest: $5,975
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Riverside, CA

Average List Price ^$1,431,549

Percent of Sale Price 59%

About Riverside, CA

322,488 Population

25% Since 2002

^$60,101 Median Income

32.82 Median Age

35% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/9/2024	$899,000		Listed Price

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3876 Locust Street, Riverside, CA, 92501 is a Multi-Family Home for sale at $899,000 with 2,196 sqft and a lot size of 0.16. 3876 Locust Street has 3 bedrooms, 3.0 baths, and was built in 1909. The property's zip code is 92501 which is in Riverside, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/1/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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3876 Locust Street

Multi-Family Home for sale in Riverside, CA

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