Pending

3460 Washington

Riverside, CA 92504

$1,350,000 $5,691/Mo

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Overview

Bed

Bath

2,660

Sqft

7,841

Sqft(Lot)

Description

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 with beautiful trees and manicured lawn. **The main house in the front is the original home but re-imaged with new kitchen with which shaker cabinets, quartz counter tops, remolded bathroom, luxury vinyl flooring, new ducted mini-split a/c and heating system, new water heater, new roof, new stucco, new painting throughout and very spacious, consisting of 2 bedrooms and 1 bathrooms. (Pics of the front unit coming soon). The front yard has been re-soded with fresh St. Augustine grass. The other 3 units are Brand New Construction, all electric and Solar ready. They consist of 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. One of the two bedroom 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 !

Property Details

Property Type : Residential Income

Price : $1,350,000

AD Id : 78315883

MLS Id : IV26101972

Lot Size : 7,841 Sqft

Living Area Size : 2,660

Year Built : 2026

County : Riverside

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Water Source: Public Sewer: Public Sewer
Interior Features

Roof: Asphalt Property Appliances: Electric Range,Gas Range,Microwave,Water Heater Fireplace: None Flooring: Vinyl
Cooling Features

Central Air Air Conditioning

Heating Source

Central Has Heating

Fireplace

Fireplace Features: None Has Fireplace: 0

Building Information

Year Built: 2026 Building Area Total: 2,660 Roof: Asphalt
Pool Features

None

Laundry Features

Laundry Room

Fencing

Wood

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.18
Lot Size Source: Assessor Lot Size Square Feet: 7841

Listing Price Information

Original List Price: 1,350,000 Listing Contract Date: 2026-05-11
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 230192006

Garage and Parking

Garage Description: None

Homeowners Association
Rental Info

Lease Term: Negotiable Tenant Pays: Electricity,Gas,Sewer,Trash Collection

Other Property Info

Source Listing Status: Pending Source Neighborhood: 252 - Riverside Directions: Off Brockton and South of Magnolia Source Property Type: Residential Income Area: 252 - Riverside Property SubType: Quadruplex
Building and Construction

Property Age: 0 Common Walls: 1 Common Wall Structure Type: Quadruplex Year Built Source: Other Entry Location: Front Property Attached: Yes Levels or Stories: One Building Total Stories: 1

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
17305 Sage Avenue, Riverside, CA, 92504	$2,300,000	12	8	6,056	6,056 SqFt
3904 Monroe, Riverside, CA, 92504	$839,000	4	2	1,865	1,865 SqFt

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ByOwner last updated this listing 06/06/2026 @ 05:27

MLS: IV26101972 LISTED BY: ROBIN RICHARD, INLAND CITIES REALTY 951-642-3642 SOURCE: CRMLS