3633 Kansas Avenue, Riverside, CA 92507

Riverside
Local realty services provided by:ERA Donahoe Realty
3633 Kansas Avenue,Riverside, CA 92507
$948,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Coming Soon
Listed by: meha chopra
Office: douglas elliman of ca inc
MLS#:P1-26538
Source:CRMLS

Price summary

  • Price:$948,000

About this home

RARE triplex investor opportunity in the heart of Riverside featuring strong in-place income and significant value-add potential. The property generates approximately $64,704 in current annual income, with projected upside of approximately $21,000 annually through a city-approved ADU plan, bringing total projected income to approximately $85,704 per year. Situated on two contiguous parcels totaling approximately 0.33 acres!The property has undergone extensive recent improvements, including a new roof, full unit rehabs completed in 2023, fresh exterior and interior paint, and completed termite work, offering a low-maintenance investment profile.Included with the sale are architect-prepared, city-approved plans for an ADU utilizing an existing detached garage, providing a lower-cost path to adding a fourth unit and increasing future income (buyer to verify).The property consists of three units with functional layouts, ample on-site parking, and one detached garage assigned to the larger...

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Home facts

  • Year built:1907
  • Listing ID #:P1-26538
  • Added:1 day(s) ago
  • Updated:April 03, 2026 at 10:33 AM

Rooms and interior

  • Flooring:Carpet, Laminate
  • Kitchen Description:Electric Range, Gas Range, Microwave, Refrigerator

Heating and cooling

  • Heating:Fireplaces

Structure and exterior

  • Roof:Shingle
  • Year built:1907
  • Lot Features:Back Yard, Landscaped, Near Public Transit, Rocks, Yard
  • Architectural Style:Craftsman, Modern
  • Foundation Description:Concrete Perimenter
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$948,000

Features and amenities

  • Appliances:Electric Range
  • Amenities:Carbon Monoxide (CO2) Detector, Ceiling Fans, Storage, Tile Counters, Water Heater

Parking

  • Total parking spaces:8
  • Parking description:Driveway, Garage, On Street
  • Garage:Yes
  • Garage spaces:2
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