3633 Kansas Avenue, Riverside, CA 92507
Local realty services provided by:ERA Donahoe Realty
3633 Kansas Avenue,Riverside, CA 92507
$948,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: meha chopra
Office: douglas elliman of ca inc310-595-3888
MLS#:P1-26538
Source:CRMLS
Price summary
- Price:$948,000
About this home
RARE opportunity to own a beautifully updated triplex in the heart of Riverside offering immediate cash flow, exceptional upside, and a unique path to owner occupancy.One unit is currently vacant, creating an ideal opportunity for an owner-occupant to move in and potentially take advantage of owner-occupied financing options, including FHA financing for qualified buyers (buyer to verify with lender), while collecting rental income from the remaining units to help offset monthly housing costs. This is an excellent opportunity for buyers looking to build wealth through 'house hacking.'The property last generated approximately $64,704 in annual income with all three units occupied, with the potential to increase to approximately $85,704 annually through the included architect-prepared, city-approved ADU plans utilizing the existing detached garage (buyer to verify), creating a straightforward path to adding a fourth income-producing unit.Situated on two contiguous parcels totaling approximately 0.33 acres, this investment has undergone extensive recent improvements, including a new roof, complete unit renovations in 2023, fresh interior and exterior paint, and completed termite work, providing a low-maintenance ownership experience.The property features three well-designed units, ample on-site parking, and a detached garage assigned to the larger unit. Tenants pay gas, electricity, and trash, while owner expenses are limited to water and landscaping, contributing to strong operating margins.Ideally located just minutes from UC Riverside, Riverside City College, Downtown Riverside, and convenient access to the 60, 91, and 215 freeways, this property appeals to both seasoned investors and owner-occupants seeking rental income with long-term appreciation potential.Whether you're looking for a strong performing investment or the opportunity to live in one unit while your tenants help pay the mortgage, this property offers flexibility that is increasingly difficult to find.Drive-by only. Please do not disturb tenants. Interior inspection subject to an accepted offer....
Contact an agent
Home facts
- Year built:1907
- Listing ID #:P1-26538
- Added:94 day(s) ago
- Updated:July 06, 2026 at 11:09 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 area:0.33 Acres
- 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
New listings near 3633 Kansas Avenue
- New
$835,000Active4 beds 3 baths2,664 sq. ft.20234 Opus, Riverside, CA 92507
MLS# IV26136273Listed by: THE MORTGAGE PROS FUNDING, INC - Coming SoonOpen Fri, 4 to 7pm
$1,349,000Coming Soon5 beds 4 baths1238 Matterhorn, Riverside, CA 92506
MLS# IV26145943Listed by: NEST REAL ESTATE - New
$499,000Active3 beds 2 baths1,512 sq. ft.8811 Delano Drive, Riverside, CA 92503
MLS# 26855671Listed by: HIGHLAND PREMIERE REAL ESTATE - New
$629,000Active4 beds 2 baths1,434 sq. ft.3126 Wendell Way, Riverside, CA 92507
MLS# PW26145553Listed by: CENTURY 21 CORNERSTONE - New
$749,990Active5 beds 3 baths2,874 sq. ft.19354 Arenal Way, Riverside, CA 92508
MLS# SW26145630Listed by: KB HOME SALES-SOUTHERN CA INC - New
$704,990Active5 beds 3 baths2,519 sq. ft.19364 Arenal Way, Riverside, CA 92508
MLS# SW26145632Listed by: KB HOME SALES-SOUTHERN CA INC - Coming Soon
$1,550,000Coming Soon3 beds 3 baths1505 Gratton Street, Riverside, CA 92504
MLS# IV26145302Listed by: REALTY ONE GROUP WEST - CORONA - New
$799,000Active5 beds 2 baths2,689 sq. ft.17886 Robusta, Riverside, CA 92503
MLS# IG26145451Listed by: HOMEQUEST REAL ESTATE - New
$699,000Active3 beds 2 baths1,867 sq. ft.17450 Paula, Riverside, CA 92504
MLS# IV26145448Listed by: JENNY E WOLSLEGER, BROKER - New
$639,800Active3 beds 2 baths1,074 sq. ft.6230 Banner Court, Riverside, CA 92504
MLS# IG26145427Listed by: COLDWELL BANKER RESIDENTIAL