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8876 Cypress Avenue

Riverside, CA 92503
  • $800,000
  • STATUS: Active
  • ON SITE: 96 Days
  • MLS #: IV25015768
UPDATED: 43 min ago
$800,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
699 - Not Defined
Type:
Multi-Family
Built:
1957
County:
Riverside
Area:
699 - Not Defined

School Ratings & Info

Visit GreatSchools.org
Listing Agent(s): Metin Oruc of FINKOY, INC. (909-280-5000)


Description

Step into a world of opportunity with this fantastic triplex in the vibrant heart of Riverside, CA! Imagine the charm of cozy units with functional living spaces, practical kitchens, and sunlit rooms " all waiting for your personal touch. With convenient on-site parking and a delightful common outdoor area, this property is perfect for relaxation and entertaining. Located just moments from schools, parks, shopping, and dining, this triplex offers amazing rental income potential. It's the perfect starter home for first-time buyers " live in one unit and watch your investment grow with income from the other two. Add a splash of TLC and a sprinkle of upgrades, and youll turn this gem into a dazzling investment! Whether you're an eager investor or a savvy buyer looking for a multi-family gem, this triplex is your golden ticket. Dont let this opportunity slip away " schedule a viewing today and make your investment dreams come true!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-29T19:34:13.427. 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/159647821
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8876 Cypress Avenue Riverside, CA 92503

  • Price: $800,000
  • Status: Active
  • On Site: 96 Days
  • Updated: 43 min ago
  • MLS #: IV25015768
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1957
Built
Neighborhood:
699 - Not Defined
County:
Riverside
Area:
699 - Not Defined
Property Description
Step into a world of opportunity with this fantastic triplex in the vibrant heart of Riverside, CA! Imagine the charm of cozy units with functional living spaces, practical kitchens, and sunlit rooms " all waiting for your personal touch. With convenient on-site parking and a delightful common outdoor area, this property is perfect for relaxation and entertaining. Located just moments from schools, parks, shopping, and dining, this triplex offers amazing rental income potential. It's the perfect starter home for first-time buyers " live in one unit and watch your investment grow with income from the other two. Add a splash of TLC and a sprinkle of upgrades, and youll turn this gem into a dazzling investment! Whether you're an eager investor or a savvy buyer looking for a multi-family gem, this triplex is your golden ticket. Dont let this opportunity slip away " schedule a viewing today and make your investment dreams come true!
Exterior Features

Entry Level 1 Entry Location FRONT Fencing Vinyl Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 3 Parking Features Gravel Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes Roof Common Roof

Interior Features

Common Walls 1 Common Wall Cooling None Cooling YN No Fireplace Features None Fireplace YN No Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cable Tv Expense 0 Common Interest None Community Features Valley Electric Electricity - On Property Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 55200 Gross Scheduled Income 55200 Insurance Expense 0 Land Lease YN No Laundry Features Washer Hookup Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash to New LoanConventionalFHAVA Loan Net Operating Income 45200 New Construction YN No New Taxes Expense 10000 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 0 Number Of Units Leased 3 Operating Expense 10840 Pest Control Expense 0 Pool Expense 0 Possession Close Of Escrow Property Sub Type Triplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Supplies Expense 0 Tenant Pays All Utilities Total Actual Rent 55200 Trash Expense 0 Utilities Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer ConnectedWater Available Water Sewer Expense 840 Water Source Public Zoning C2



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-29T19:34:13.427. 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): Metin Oruc of FINKOY, INC. (909-280-5000)