3717 Roosevelt, Riverside, CA 92503
List Price: $1.1M
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1966
Lot Size: 9,148 sq ft
Private Pool: Yes
MLS Number: IV26090701
About This Property
3717 Roosevelt Street presents a well-located 3+1 multifamily opportunity in one of Riverside's most stable residential corridors. The property consists of three 2-bed / 1-bath units plus and additional non-conforming 2-bed / 1-bath unit, offering an attractive unit mix and strong income potential. Current rents remain slightly below market, providing a clear path to upside through standard turnover and light interior improvements, with pro forma gross income projected at $100,800 annually. Operating costs are lean, and the 1960s construction profile supports efficient, predictable management with minimal deferred maintenance concerns. Positioned near major employment centers, retail hubs, and key transportation routes, the asset delivers a compelling blend of stability, cash-flow growth, and long-term appreciation-making it an ideal acquisition for investors seeking well-located, manageable multifamily in the heart of Riverside.
Listing provided by: DARREN CORREA DRE #02066621 909-256-7889 darren.correa@leinvestmentgroup.com, LE INVESTMENT GROUP
Source: CRMLS, MLS #: IV26090701
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