3717 Roosevelt, Riverside, CA 92503

Riverside
Local realty services provided by:ERA Excel Realty
3717 Roosevelt,Riverside, CA 92503
$1,100,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: darren correa
Office: le investment group
MLS#:IV26090701
Source:CAREIL

Price summary

  • Price:$1,100,000

About this home

3717 Roosevelt Street presents a well-located 3+1 multifamily opportunity in one of Riverside's most stable residential corridors. The property consists of three 2-bed / 1-bath units plus and additional non-conforming 2-bed / 1-bath unit, offering an attractive unit mix and strong income potential. Current rents remain slightly below market, providing a clear path to upside through standard turnover and light interior improvements, with pro forma gross income projected at $100,800 annually. Operating costs are lean, and the 1960s construction profile supports efficient, predictable management with minimal deferred maintenance concerns. Positioned near major employment centers, retail hubs, and key transportation routes, the asset delivers a compelling blend of stability, cash-flow growth, and long-term appreciation-making it an ideal acquisition for investors seeking well-located, manageable multifamily in the heart of Riverside.

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Home facts

  • Year built:1966
  • Listing ID #:IV26090701
  • Added:53 day(s) ago
  • Updated:June 23, 2026 at 04:48 PM

Heating and cooling

  • Heating:Central Forced Air

Structure and exterior

  • Year built:1966
  • Lot area:0.21 Acres
  • Lot Features:Mid Block
  • Levels:1 Story

Utilities

  • Water:District - Public

Finances and disclosures

  • Price:$1,100,000

Features and amenities

  • Laundry features:Gas Hook-up
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