3717 Roosevelt, Riverside, CA 92503
Local realty services provided by:Better Homes and Gardens Real Estate Champions
3717 Roosevelt,Riverside, CA 92503
$1,100,000
- - Beds
- - Baths
- 2,764 sq. ft.
- Multi-family
- Active
Listed by: darren correa
Office: le investment group909-256-7889
MLS#:IV26090701
Source:CRMLS
Price summary
- Price:$1,100,000
- Price per sq. ft.:$397.97
About this home
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.
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Home facts
- Year built:1966
- Listing ID #:IV26090701
- Added:95 day(s) ago
- Updated:August 01, 2026 at 11:04 AM
Rooms and interior
- Living area:2,764 sq. ft.
Heating and cooling
- Heating:Central
Structure and exterior
- Year built:1966
- Building area:2,764 sq. ft.
- Lot area:0.21 Acres
- Lot Features:Back Yard, Front Yard, Yard
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,100,000
- Price per sq. ft.:$397.97
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