Under Contract

3717 Roosevelt

Riverside, CA 92503
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Bed 0

Bed

Bath 0

Bath

SqFt2,764

Sqft

SqFt9,148

Sqft(Lot)

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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Detail Ic Property Details

Property Type : Residential Income

Price : $1,100,000

AD Id : 77771968

MLS Id : IV26090701

Lot Size : 9,148 Sqft

Living Area Size : 2,764

Year Built : 1966

County : Riverside

  • Map Map

Map

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Heating Source

    Central 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: 1,100,000 Listing Contract Date: 2026-04-27
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 234112013

  • Other Property Info

    Source Listing Status: Active Under Contract Source Neighborhood: 252 - Riverside Directions: From the 91 Freeway, exit Madison St and head south. Turn right on Indiana Ave, then left on Roosevelt St. Property is on the right. Source Property Type: Residential Income Area: 252 - Riverside Property SubType: Apartment
  • Building and Construction

    Property Age: 60 Common Walls: 1 Common Wall Structure Type: Apartment Year Built Source: Public Records Entry Level: 1 Entry Location: 1 Property Attached: Yes Levels or Stories: One Building Total Stories: 1
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Nearby Home Value

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8864 Haskell, Riverside, CA, 92503 $685,000 3 1 1,396 1,396 SqFt
16515 Canyon Ridge, Riverside, CA, 92503 $995,000 5 4 2,894 2,894 SqFt
14371 Rock, Riverside, CA, 92503 $849,900 4 2 2,712 2,712 SqFt
8845 Mentone, Riverside, CA, 92503 $719,000 3 2 1,726 1,726 SqFt
14202 Meadowlands, Riverside, CA, 92503 $925,000 3 3 2,956 2,956 SqFt
2885 Cascabel, Riverside, CA, 92503 $685,000 4 2 1,764 1,764 SqFt
14282 Rock Place, Riverside, CA, 92503 $825,000 4 2 2,490 2,490 SqFt
2845 Roncador, Riverside, CA, 92503 $749,900 4 1 1,569 1,569 SqFt

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ByOwner last updated this listing 06/05/2026 @ 20:33

MLS: IV26090701 LISTED BY: DARREN CORREA, LE INVESTMENT GROUP 909-256-7889 SOURCE: CRMLS

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