Home | Riverside County | Riverside | 92507 | 3633 Kansas Ave
MLS: CRP1-26538 | Status: Active | Price: $948,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 0 | 1907 |
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 unit. Tenants currently pay gas, electricity, and trash, while owner expenses are limited to water and landscaping, supporting favorable operating margins.Centrally located near University of California Riverside, Riverside City College, and major freeways (60, 91, 215).Ideal for investors seeking i
| Field | Value |
|---|---|
| MLS # | CRP1-26538 |
| MLS Source | California Regional MLS |
| Days on Site | 39 |
| Feature | Details |
|---|---|
| Appliances | Microwave, Oven Range - Gas, Refrigerator |
| Flooring | Laminate |
| Cooling | None |
| Heating | Fireplace |
| Feature | Details |
|---|---|
| Roof | Shingle |
| Foundation | Concrete Perimeter |
| Pool | None |
| Style | Contemporary, Craftsman |
| Feature | Details |
|---|---|
| Garage/Parking | Garage, Off-Street Parking, Other, Garage: 2 Car(s) |
| HOA Fee | $0 |
Meha Chopra
Douglas Elliman of Ca Inc
License #: 02187521
Phone: (818) 669-6024
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | – | – |
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This listing information is up-to-date as of April 06, 2026. For the most current information, please contact Meha Chopra, (818) 669-6024.