Listing by: Benjamin Rubalcava, Re/Max Partners, 714-673-5181

3 Beds

3 Baths

2,103 SqFt

Pending

This unique property presents an incredible opportunity with three homes on one lot, each featuring its own garage, private laundry hookups, backyard, parking space, and separate gas and electric meters, making utility payments straightforward for all residents. This versatile property is perfect for multigenerational living, allowing families to stay close while enjoying their independence—ideal for parents, adult children, and grandparents to live together yet separately, potentially saving on childcare and elder care expenses.Additionally, this property offers excellent income-generating potential: live in one home and rent out the other two to create a steady income stream and help offset your mortgage. All three homes can be rented out individually, ensuring that each tenant has control over their own utilities. For investors, this property is also perfect as a vacation rental, attracting large groups and families seeking private yet connected accommodations. Its prime location near four colleges, downtown Riverside, and within an hour's drive of Disneyland, Knott's Berry Farm, and multiple beaches makes it highly desirable for short-term stays. Moreover, the layout allows for a home office, creative studio, or workspace while still providing rental income from the other homes. With endless possibilities, this property is also suited for a group home, assisted living facility, or corporate housing, offering executives comfortable and private living arrangements. With such a wide range of options, this property caters to buyers looking for privacy, flexibility, and income potential. Don’t miss out on this amazing opportunity—book an appointment today to see how this unique property can enhance both your lifestyle and investment portfolio! Great Investment & possible value ad, with plenty of room to add an accessory dwelling unit.

Property Details
Price $825,000
Bedrooms 3
Full Baths 3
Half Baths 0
Total Baths 3
Lot Size Area 7405
Lot Size Area Units Square Feet
Acres 0.17
Property Type Residential
Sub type Triplex
MLS Sub type Triplex
Stories 1
Year Built 1924
View Neighborhood
Heating Central
Lot Description Back Yard,Front Yard
Laundry Features Gas Dryer Hookup
Pool features None
Parking Spaces 3
Garage spaces 3
Association Fee 0
Geographic Data
Directions Cross Streets: University Ave & Brockton
County Riverside
Latitude 33.981083
Longitude -117.382347
Market Area 252 - Riverside
Address Information
Address 4152 Locust Street, Riverside, CA 92501
Postal Code 92501
City Riverside
State CA
Country United States
Listing Information
Listing Office Re/Max Partners
Listing Agent Benjamin Rubalcava
Listing Agent Phone 714-673-5181
Attribution Contact 714-673-5181
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions Standard
Ownership None
School Information
District Riverside Unified
Elementary School Bryant
Middle School Central
High School Polytechnic
MLS Information
Days on market 17
MLS Status Pending
Listing Date Oct 1, 2024
Listing Last Modified Nov 15, 2024
Tax ID 215192008
MLS Area 252 - Riverside
MLS # IG24203293

This information is believed to be accurate, but without any warranty.
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