Riverside, CA 92503,3717 Roosevelt
Riverside, CA 92503,3717 Roosevelt
Riverside, CA 92503,3717 Roosevelt
23
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$1,140,000
Est. payment /mo
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2 Beds
1 Bath
9,148 Sqft Lot
Active

3717 Roosevelt Riverside, CA 92503

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Matthew Thornberg

Matthew Thornberg

+1(619) 799-9682

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID IV25274666

Bedrooms 2

Lot Size 9,148 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

3717 Roosevelt Street presents a well-located 3+1 multifamily opportunity in one of Riversides most stable residential corridors. The property consists of three 2-bed/1-bath units plus an additional non-conforming 2-bed/1-bath unit, offering an attractive unit mix and strong income potential. Current rents remain 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 appreciationmaking it an ideal acquisition for investors seeking well-located, manageable multifamily in the heart of Riverside.

Location

State CA

County Riverside

Zoning Public Rec

Direction From the 91 Freeway, exit Madison St and head south. Turn right on Indiana Ave, then left on Roosevelt St. Property is on the ri

Interior

Cooling Wall/Window

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 234112013

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

MLS Router / San Diego MLS
Listed by DARREN CORREA LE INVESTMENT GROUP

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 6

    Madison Elementary School

    Public | KG - 6

  • 5

    Rosemary Kennedy Elementary School

    Public | KG - 5

  • 5

    Orrenmaa Elementary School

    Public | KG - 5

  • 5

    Myra Linn Elementary School

    Public | KG - 5

  • 5

    Liberty Elementary School

    Public | KG - 6

  • 5

    Jackson Elementary School

    Public | KG - 6

  • 5

    Harrison Elementary School

    Public | KG - 6

  • 5

    Hawthorne Elementary School

    Public | KG - 6

  • 5

    Jefferson Elementary School

    Public | KG - 6

  • 5

    Mountain View Elementary School

    Public | KG - 6

  • 4

    McAuliffe Elementary School

    Public | KG - 5

  • 4

    Terrace Elementary School

    Public | KG - 5

  • 4

    Foothill Elementary School

    Public | KG - 5

  • 4

    Adams Elementary School

    Public | KG - 6

  • 4

    Monroe Elementary School

    Public | KG - 6

  • 3

    Collett Elementary School

    Public | KG - 5

  • 3

    La Granada Elementary School

    Public | KG - 5

  • 3

    Arlanza Elementary School

    Public | KG - 5

  • 0

    Faith Baptist Church & Faith Christian School

    Private | PK - 11

  • 0

    Cottonwood Montessori

    Private | PK - KG

Middle Schools 5
  • 5

    Arizona Middle School

    Public | 6 - 8

  • 4

    Chemawa Middle School

    Public | 7 - 8

  • 4

    Sierra Middle School

    Public | 7 - 8

  • 1

    Wells Middle School

    Public | 6 - 8

  • 0

    Riverside Christian Schools

    Private | 7 - 8

High Schools 8
  • 6

    Hillcrest High School

    Public | 9 - 12

  • 5

    Norte Vista High School

    Public | 9 - 12

  • 5

    Arlington High School

    Public | 9 - 12

  • 5

    Ramona High School

    Public | 9 - 12

  • 4

    La Sierra High School

    Public | 9 - 12

  • 1

    Alvord Alternative Education Center

    Public | 10 - 12

  • 0

    Alvord Continuation High School

    Public | 9 - 12

  • 0

    Sherman Indian High School

    Public | 9 - 12

School and business data provided by Attom Data.

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Matthew Thornberg

Matthew Thornberg

Team Leader / Realtor | License ID: 02021076

+1(619) 799-9682

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3717 Roosevelt