6869 Marguerita, Riverside, CA 92506
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
6869 Marguerita,Riverside, CA 92506
$1,390,000
- - Beds
- - Baths
- 2,793 sq. ft.
- Multi-family
- Pending
Listed by: robin richard
Office: inland cities realty951-642-3642
MLS#:IV26116704
Source:CRMLS
Price summary
- Price:$1,390,000
- Price per sq. ft.:$497.67
About this home
ANOTHER INCREDIBLE 4 UNIT GARDEN STYLE PROPERTY ! If you are looking for a beautiful investment property, then this one is for you. This is a once in a lifetime opportunity to buy units that are new construction. Riverside is a Pro Housing city and a great place to invest in multi-family, we love landlords here. You can 1031 exchange yourself out of your current headache in Los Angeles and invest in a city that welcomes new growth and opportunity. All units are vacant. Set your own market rents. Close escrow and rent them out immediately, no work to be done. Most investment properties on the market are old and are in need of major repair with illegal units. There is no deferred maintenance on this property. There are no recorded covenants or restrictions from the city on this property. You can AirBNB or run it as a different business. This property is located on an expansive lot. **The main house in the front is the original home but re-imaged with new kitchen, white shaker cabinets, quartz countertops, remolded bathroom, luxury vinyl flooring, new ducted mini-split a/c and heating system, new roof, new stucco. Very spacious, consisting of 2 bedrooms and 1 bathroom. (Pics of the front unit coming soon). The front yard has been re-soded with new grass. The other 3 units are Brand New Construction, all electric and Solar ready. They consist of 9 ft ceilings, the same beautiful white shaker cabinets, quartz counter tops, luxury vinyl flooring, and all appliances except the refrigerators, black accent finishes throughout, ceiling fans, and separate room for washer/dryer hookups in each unit. This garden style apartment complex is truly something special and rare as you will not find anything compatible on the market today. These homes were built with 2x6 construction something not heard of in California, your tenants will appreciate having lower utility bills due to the extra thick insulated walls, insulated ceilings and roofs. All 3 units offer EV charging which is a true up sale to your potential tenant. You can't find these types of upgrades in any of the units that are being sold today. The owner only pays water. Tenants pay electric, gas, trash, sewer. Riverside is thriving, close to Downtown Riverside, UCR, RCC, Hospitals, Tyler Mall, 91/15 fwys. This property is truly a rarity and a gem and will not last because it is simply One of a Kind !...
Contact an agent
Home facts
- Year built:1952
- Listing ID #:IV26116704
- Added:10 day(s) ago
- Updated:June 09, 2026 at 07:32 AM
Rooms and interior
- Flooring:Vinyl
- Kitchen Description:Electric Range, Gas Range, Microwave
- Living area:2,793 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:1952
- Building area:2,793 sq. ft.
- Lot area:0.21 Acres
- Levels:1 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$1,390,000
- Price per sq. ft.:$497.67
Features and amenities
- Appliances:Electric Range
- Laundry features:Inside
- Amenities:Water Heater
New listings near 6869 Marguerita
- Coming Soon
$125,000Coming Soon2 beds 2 baths9391 California Ave #17, Riverside, CA 92503
MLS# IG26124011Listed by: REALTY ONE GROUP ROADS - Coming Soon
$930,000Coming Soon4 beds 3 baths16318 Sun Summit Drive, Riverside, CA 92503
MLS# IV26124810Listed by: BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY - New
$585,000Active3 beds 1 baths1,058 sq. ft.5367 Rutland, Riverside, CA 92503
MLS# IV26124887Listed by: TOP LION REALTY - New
$630,000Active4 beds 2 baths1,423 sq. ft.2735 Brockton Avenue, Riverside, CA 92501
MLS# RS26124791Listed by: CIRCLE REAL ESTATE - New
$550,000Active3 beds 2 baths1,350 sq. ft.Address Withheld By Seller, Riverside, CA 92503
MLS# CV26124828Listed by: LIGHTHOUSE REAL ESTATE - Open Sun, 1 to 4pmNew
$889,900Active5 beds 3 baths3,098 sq. ft.20202 Dayton Street, Riverside, CA 92508
MLS# IV26124572Listed by: ELEVATE REAL ESTATE AGENCY - New
$525,000Active3 beds 2 baths1,178 sq. ft.3262 Racine, Riverside, CA 92503
MLS# IG26124661Listed by: RE/MAX PARTNERS - New
$575,000Active3 beds 2 baths1,038 sq. ft.5630 Dewey, Riverside, CA 92504
MLS# IV26123295Listed by: OPENDOOR BROKERAGE INC. - Coming Soon
$1,399,900Coming Soon4 beds 4 baths7887 Arroyo Vista Court, Riverside, CA 92506
MLS# OC26123619Listed by: EXIT ALLIANCE REALTY - New
$5,290,000Active4 beds 6 baths9,252 sq. ft.2130 Old Quarry Road, Riverside, CA 92506
MLS# IV26124445Listed by: COMPASS