$625,000
$650,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
3633 Kansas AVE Riverside, CA 92507
0.33 Acres Lot
Key Details
Sold Price $625,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV22069091
Sold Date 12/16/22
HOA Y/N No
Year Built 1907
Lot Size 0.330 Acres
Property Sub-Type Triplex
Property Description
****TRIPLEX ****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 *** Property will be delivered vacant ***
Location
State CA
County Riverside
Area 252 - Riverside
Zoning R1065
Interior
Interior Features Unfurnished
Heating Wall Furnace
Cooling None
Flooring Carpet, Laminate, Tile, Vinyl
Fireplaces Type Living Room
Fireplace Yes
Laundry None
Exterior
Parking Features Driveway Level, Driveway, Garage Faces Front, Garage, Paved, RV Access/Parking, Shared Driveway
Garage Spaces 3.0
Garage Description 3.0
Fence Chain Link
Pool None
Community Features Street Lights, Suburban, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Roof Type Shingle
Accessibility Parking
Total Parking Spaces 3
Private Pool No
Building
Lot Description 2-5 Units/Acre, Lawn, Landscaped
Story Two
Entry Level Two
Foundation Raised
Sewer Public Sewer
Water Other
Architectural Style Craftsman
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 211104018
Acceptable Financing Cash to New Loan, Conventional, FHA
Listing Terms Cash to New Loan, Conventional, FHA
Financing Cash
Special Listing Condition Trust
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Bought with Prashant Sampat • Pacific Avenue Realty