Riverside Homes with Triplex Subtype

Riverside Homes with Triplex Subtype

Welcome to Riverside, California – a vibrant city nestled in the heart of Riverside County, where rich history meets modern living. Known for its stunning landscapes and cultural diversity, Riverside boasts a unique blend of urban amenities and suburban charm. With its picturesque parks, historic landmarks, and a thriving arts scene, this city is the perfect place to call home.

Riverside is particularly renowned for its warm climate and outdoor recreational opportunities. Residents can enjoy the scenic beauty of the Santa Ana River, explore the lush trails of Mount Rubidioux, or relax in one of the many well-maintained parks. The city is also home to the prestigious University of California, Riverside, adding a youthful energy and a wealth of educational resources to the community.

For those seeking investment opportunities or multi-generational living arrangements, Riverside offers an appealing selection of triplex homes. These properties are not just a smart financial choice, but they also provide flexibility and convenience. Triplex homes in Riverside allow homeowners to live in one unit while renting out the others, creating a steady stream of income. With spacious layouts, modern amenities, and the potential for customization, these homes cater to a variety of lifestyles.

Whether you’re looking to invest, expand your family’s living space, or simply enjoy the benefits of multi-unit living, Riverside’s triplex homes stand out as a fantastic option. Discover the charm of Riverside and explore the possibilities that await you in this dynamic city!

Newest Riverside Homes with Triplex Subtype

3342 Eucalyptus Avenue, Riverside
$890,000
CV26114104 MLS ⋅ Active Status
TRIPLEX!!! 1 Bedroom & 2 Studio Units! *3342, 3344, 3340 Eucalyptus Ave., Riverside - Rare opportunity to own a beautifully renovated triplex on an oversized 15,681 square foot flat, usable lot in one of Riverside's most sought-after investment corridors, ideally positioned between Downtown Riverside and UC Riverside. Renovated in 2024, this income-producing property blends classic Riverside character with modern updates, creating an outstanding opportunity for investors, owner-occupants, or those seeking multigenerational living. The desirable unit mix includes two studio units and one 1-bedroom, 1-bath unit, offering broad rental appeal for students, professionals, and long-term tenants. Separate gas and electric meters for each unit provide added convenience and simplified property management. The extensive 2024 renovations give the property a fresh, updated feel while maintaining its timeless character. The oversized lot offers exceptional flexibility with space for future expansion, additional parking, outdoor living areas, or potential ADU development (buyer to verify), making this a property with both immediate income potential and long-term upside. The central Riverside location places the property just minutes from Downtown Riverside's restaurants, coffee shops, entertainment venues, museums, and historic attractions. UC Riverside, Riverside City College, local hospitals, and major employment centers are all nearby, helping support consistent rental demand. Convenient access to the 91, 60, and 215 freeways makes commuting throughout the Inland Empire and surrounding areas simple.

3342 Eucalyptus Avenue, Riverside

3633 Kansas Avenue, Riverside
$948,000
P1-26538 MLS ⋅ Active Status
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.

3633 Kansas Avenue, Riverside

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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