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3633 Kansas Avenue

Riverside, CA 92507
  • $775,000
  • STATUS: Active Under Contract
  • ON SITE: 76 Days
  • MLS #: CV22071694
Under Contract
UPDATED: 28 min ago
$775,000
  • 6
    BEDS
  • 0.16
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,008
    SQFT
  • $386
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1907
County:

School Information

Elementary School:
School District:
Listing Agent(s): Martha Cervantes of Berkshire Hath Hm Svcs Ca Prop (909-980-3100)


Description

*** TWO LOTS ***Opportunity Knocks!!! Heres 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, its 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 APNs 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**

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-06-27T09:29:29.787. 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 deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/127606167
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3633 Kansas Avenue Riverside, CA 92507

  • Price: $775,000
  • Status: Active Under Contract
  • On Site: 76 Days
  • Updated: 28 min ago
  • MLS #: CV22071694
6
Beds
3
Baths
0
½ Baths
0.16
Acres
2,008
SQFT
$386
$/SQFT
1907
Built
Neighborhood:
252 - Riverside
County:
Riverside
Area:
252 - Riverside
Elementary School:
Longfellow
School District:
Riverside Unified
Property Description
*** TWO LOTS ***Opportunity Knocks!!! Heres 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, its 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 APNs 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**
Exterior Features

Architectural Style Traditional Attached Garage YN No Carport YN Yes Construction Materials Unknown Fencing BlockChain Link Foundation Details Raised Lot Features 2-5 Units/AcreBack YardFront YardLawnLandscapedLevel Parking Features Detached CarportDrivewayPavedRv PotentialShared DrivewayGarage Faces Side Parking Total 3 Patio And Porch Features None Pool Features None Pool Private YN No Property Attached YN Yes Roof Shingle Sign On Property YN No Spa Features None Spa YN No View None View YN No

Interior Features

Basement Unfinished Basement YN Yes Common Walls 2+ Common Walls Cooling None Cooling YN No Fireplace Features Living Room Fireplace YN Yes Flooring CarpetTileVinyl Heating None Heating YN No Interior Features Ceiling Fan(S)Unfurnished Main Level Bathrooms 0 Main Level Bedrooms 0

Property Features

Additional Parcels YN Yes Association Fee 0 Association YN No Common Interest None Community Features Suburban Contingency None--- Garage YN Yes Land Lease YN No Laundry Features None Lease Considered YN No Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New LoanConventional1031 ExchangeFha New Construction YN No Number Of Units In Community 3 Possession Close Of Escrow Property Sub Type Triplex Senior Community YN No Sewer Public Sewer Special Listing Conditions Trust Structure Type Triplex Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Water Source See Remarks Zoning R1065



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-06-27T09:29:29.787. 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 deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Martha Cervantes of Berkshire Hath Hm Svcs Ca Prop (909-980-3100)