$799,900
Riverside, CA 92501
1911
Year Built
Riverside
County
Triplex
Property Type
Exceptional opportunity to own a beautifully updated and well-maintained income producing triplex in historic Downtown Riverside. This property features a downstairs studio apartment (Unit 1 - 372 sqft), a downstairs 2 bedroom, 1 bathroom apartment (Unit 2 - 982 sqft), and an upstairs 2 bedroom, 1 bathroom apartment (Unit 3 - 906 sqft). All apartments are rented, with Unit 1’s tenant occupying since 2019 and Unit3’s tenant occupying since 2021; Unit 3 was recently re-rented in May 2026. A wonderful attribute of this property is that it has been thoroughly modernized while maintaining its historic charm. Improvements have been numerous including complete re-plumbing with Pex, replaced drain lines, complete electrical re-wire, installation of dual pane windows and new doors, updated kitchens, updated bathrooms including salvaging claw foot tubs in all units, updated flooring throughout, newer water heater, updated window blinds, added mini-split in Unit 3, upgraded insulation, interior and exterior painting, renovated landscape and hardscape, and more! Tenants enjoy an on-site communal laundry room with coin-operated machines, which are leased by owner, as well as a fully-enclosed and private backyard. This is a legal triplex with 3 electric meters, 3 gas meters and one water meter which is paid by owner. Conveniently close to Downtown shopping, restaurants, UCR, RCC, city services, churches, freeways, public transportation including Metrolink and more. Whether you're looking to expand your investment portfolio, generate immediate rental income, or explore other possibilities, this property offers versatility and long-term upside in one of Riverside’s most sought-after rental areas. All pictures shown are when the units were last vacant. All units are currently rented – please do not disturb occupants or walk property without approval.
$4,257/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
Last updated: October 21, 2026 at 3:30 PMThe multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. 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. All listing data, including but not limited to square footage and lot size, is believed to be accurate but is not guaranteed by the listing Agent, listing Broker, or CRMLS. Buyers are responsible for verifying the accuracy of all information and should independently investigate the data or retain appropriate professionals prior to making any decisions. 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 herein may or may not have been the Listing and/or Selling Agent. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
