• 3717 Roosevelt Street Riverside, CA 92503

  • $950,000
  • 0
    Bed(s)
  • 0
    Baths
  • 2,764
    Sq Ft
  • 9148
    Sqft
  • Listed By: ERIC CHEN, CB RICHARD ELLIS, DRE #01489184
  • Source: CRMLS

Portfolio Sale Opportunity: This property is available for Individual Purchase or as part of a Portfolio Sale with 394 W. 17th Street, San Bernardino and 27205 Main Street, Highland. We are proud to present an exceptional opportunity to acquire a well-maintained 3+1 unit property located at 3717 Roosevelt Street in Riverside. This ±2,764 SF building sits on a generous ±9,148 SF lot and is conveniently located near the intersection of Magnolia Avenue and Van Buren Boulevard. The property boasts a convenient location within walking distance of the Arlington Library and is within a close proximity to popular destinations like the Tyler Galleria Mall, Cal Baptist University and La Sierra University with easy access to the 91 Freeway, La Sierra Metrolink train station, Downtown Riverside, and a variety of shopping centers, restaurants, and retailers, all just a short distance away. Showcasing mature and lush landscaping, 3717 Roosevelt resides on a palm tree-lined street. The property features surface vehicle parking and ample street parking. Some units have been updated and feature kitchens with appliances, tile flooring throughout, wall air conditioning and heating, security screen doors, ceiling fans and private patios, porches and front and back yards. Neighboring cities include Corona, Norco, Woodcrest, Pedley, Jurupa Valley, Eastvale, Colton, San Bernardino and Moreno Valley. Significant local landmarks within a 20-mile radius include: Downtown Riverside, University of California, Riverside (UCR), UC Riverside Botanic Gardens, Mount Rubidoux, Mission Inn Hotel and Resort, California Baptist University (CBU), Fox Performing Arts Center, and the March Field Air Museum, to name a few. 3717 Roosevelt Street is an admirable Inland Empire income-producing property and a great long-term investment. The property offers stability for any type of investor whether it may be a first-time purchaser, seasoned investor, or those seeking a 1031 exchange opportunity.

Property Type :

Residential Income

Subdivision :

Fallbrook

County :

Riverside

Style :

Residential Income

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Property Details

 

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Cooling Features

Wall/Window Unit(s)

Air Conditioning

Heating Source

Wall Furnace

Has Heating

Building Information

Year Built: 1966

Building Area Total: 2,764

Pool Features

None

Laundry Features

Washer Hookup,Gas Dryer Hookup

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.21

Lot Size Source: Assessor

Lot Size Square Feet: 9148

Listing Price Information

Original List Price: 950,000

Listing Contract Date: 2024-03-20

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 234112013

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: 252 - Riverside

Postal Code Plus 4: 4240

Directions: Merge onto CA-91 E, Exit Van Buren Blvd, Turn Left onto Indiana Ave, Turn Left onto Primrose Drive, Turn Right onto Roosevelt Street

Zoning: R3

Source Property Type: Residential Income

Area: 252 - Riverside

Property SubType: Apartment

Building and Construction

Property Age: 58

Common Walls: No Common Walls

Structure Type: Apartment

Year Built Source: Assessor

Entry Level: 1

Entry Location: 1

Levels or Stories: One,Two

Building Total Stories: 1

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Martin, Riverside, CA,92503 $39,900 -- -- -- 7841 Sqft
Via Tuscany, Riverside, CA,92503 $149,000 -- -- -- 16553 Sqft
14277 Harvey Lane, Riverside, CA,92503 $635,000 3 2 1,654 8276 Sqft
14465 Rock Place, Riverside, CA,92503 $230,000 -- -- -- 8276 Sqft
14189 Harvey, Riverside, CA,92503 $130,000 -- -- -- 16552 Sqft
Martin, Riverside, CA,92503 $55,000 -- -- -- 8712 Sqft
13119 Via Tuscany, Riverside, CA,92503 $830,000 4 1 2,200 8276 Sqft
17970 Rutherford Drive, Riverside, CA,92503 $818,417 5 3 2,792 5400 Sqft
13019 High Valley Drive, Riverside, CA,92503 $826,918 4 2 2,792 6699 Sqft
10227 Gramercy Place, Riverside, CA,92503 $680,000 3 2 1,484 13068 Sqft

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ByOwner last updated this listing 05/02/2024 @ 22:52

MLS: CV24055922
LISTED BY: ERIC CHEN, CB RICHARD ELLIS
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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