3750 Monroe St, Riverside, CA 92504

Property Description

Welcome to a unique opportunity adjacent to the prestigious California Baptist University! This captivating property, built in 1946, seamlessly combines vintage charm with exciting development potential. Boasting 3 bedrooms, 1 full bath, a convenient laundry room, and a spacious 2-car carport, this residence offers a perfect blend of comfort and functionality. Situated on a substantial lot of 11,761 sqft, the property not only provides ample space for relaxation but also holds significant investment potential. A second structure at the rear, previously used for storage and temporary living, showcases the adaptability of this versatile space. The property's proximity to California Baptist University adds an extra layer of appeal, making it an ideal residence for faculty, staff, or students seeking a conveniently located home. With alley access and a vast lot, this property presents a unique opportunity for expansion. In response to the growing demand for housing, the rear half of the lot offers the potential for constructing 1 or 2 additional units, enhancing its value and versatility. This listing isn't just a home; it's an investment in the future, strategically positioned near one of California's premier educational institutions. Whether you're captivated by its vintage charm or enticed by its development prospects, this property is a rare gem.