3848 LOCUST, Riverside, CA 92501

$970,000

Est. payment /mo

$990,000

2.0%
Est.Price: ?

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3848 LOCUST Riverside, CA 92501

9,099 Sqft Lot

SOLD DATE : 08/07/2026

Key Details

Sold Price $970,000

Property Type Commercial

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SW26039350

Sold Date 08/07/26

HOA Y/N No

Annual Tax Amount $3,308

Lot Size 9,099 Sqft

Property Sub-Type Multi Family

Property Description

EXCEPTIONAL INVESTMENT OPPORTUNITY IN DOWNTOWN RIVERSIDE'S HISTORICAL DISTRICT!
Located just moments from iconic MISSION INN HOTEL & SPA, this well situated 6-UNIT property offers charm, conveniance, and strong rental appeal in one of Riverside'most desirable areas. The Unit Mix includes:TWO 2-BEDROOM/1-BATH UNITS & FOUR STUDIO UNITS Situated in the heart of Downtown Riveside Tenants enjoy close proximity to shopping, dining, entertainments, and appriciate easy access to the 91, 60 and 15 Freeways.
Whether you are looking to expand your portfolio or secure a prime Multi-Unit property in a historic and high-demand location, this is an Outstanding Opportunity.

Location

State CA

County Riverside

Area 252 - Riverside

Interior

Fireplace No

Laundry None

Exterior

Present Use Residential,Single Family

Building

Lot Description 6-10 Units/Acre

Story 1

Others

Tax ID 214292018

Acceptable Financing Cash to New Loan, 1031 Exchange

Listing Terms Cash to New Loan, 1031 Exchange

Financing Cash to New Loan

Special Listing Condition Standard

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Listed by Ardavan Mofid CENTURY 21 Affiliated 909-223-7214, DRE #01098754
Bought with Prashant Sampat Pacific Avenue Realty

Nearby Locations

GET MORE INFORMATION

Prashant Sampat
Prashant Sampat

Broker | License ID: 01916221

+1(562) 841-0227 | prashant@pacificaverealty.com

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