Listed price in listed location currency (USD).
$948,000

008

MLS® P1-26538

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size -
Garage Yes
Taxes 
Days Active 110
Lot Size 0.33 Acres
Approx. Age 1907
MLS® Number P1-26538

Property Address: 3633 Kansas Ave, Riverside, CA, 92507-2666

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberP1-26538
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
GarageYes
Approx. Age1907
Basement
DrivewayDriveway, Garage, On Street
Garage Spaces
HeatFireplaces
A/CNone

Extras

Rooms

Bedroom 1:Not available

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 2, 2026List Date
$948,000List Price
  • Commute

Commute

Starting Address
Destination Address
3633 Kansas Ave, Riverside, CA

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