Active

3633 Kansas Avenue

Riverside, CA 92507

$948,000 $3,996/Mo

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Overview

Bed

Bath

14,374.80

Sqft(Lot)

Description

RARE triplex investor opportunity in the heart of Riverside featuring strong in-place income and significant value-add potential. The property generates approximately $64,704 in current annual income, with projected upside of approximately $21,000 annually through a city-approved ADU plan, bringing total projected income to approximately $85,704 per year. Situated on two contiguous parcels totaling approximately 0.33 acres!The property has undergone extensive recent improvements, including a new roof, full unit rehabs completed in 2023, fresh exterior and interior paint, and completed termite work, offering a low-maintenance investment profile.Included with the sale are architect-prepared, city-approved plans for an ADU utilizing an existing detached garage, providing a lower-cost path to adding a fourth unit and increasing future income (buyer to verify).The property consists of three units with functional layouts, ample on-site parking, and one detached garage assigned to the larger unit. Tenants currently pay gas, electricity, and trash, while owner expenses are limited to water and landscaping, supporting favorable operating margins.Centrally located near University of California Riverside, Riverside City College, and major freeways (60, 91, 215).Ideal for investors seeking immediate cash flow with minimal deferred maintenance and clear upside through ADU development.Drive-by only. Please do not disturb tenants. Interior inspection subject to accepted offer.

Property Details

Property Type : Residential Income

Price : $948,000

AD Id : 76717601

MLS Id : P1-26538

Lot Size : 14,374.80 Sqft

Year Built : 1907

Garage : 2

County : Riverside

Map

What's Nearby

Nearby Areas

Features

Bathroom Information

Total Baths: 0

Water/Sewer

Water Source: Public Sewer: Public Sewer
Interior Features

Roof: Shingle Interior Features: Ceiling Fan(s),Storage,Tile Counters,Bedroom on Main Level Property Appliances: Electric Range,Gas Range,Microwave,Refrigerator,Water Heater Fireplace: Gas Flooring: Carpet,Laminate
Cooling Features

None Air Conditioning

Heating Source

Fireplace(s) Has Heating

Fireplace

Fireplace Features: Gas Has Fireplace: 1

Building Information

Year Built: 1907 Roof: Shingle
Foundation

Concrete Perimeter

Security Features

Carbon Monoxide Detector(s),Smoke Detector(s),Security Lights
Accessibility Features

Parking,Accessible Doors

Pool Features

None

Fencing

Good Condition,Wire

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.33
Lot Size Source: Public Records Lot Size Square Feet: 14374.8

Listing Price Information

Original List Price: 948,000 Listing Contract Date: 2026-04-02
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 211104018

Garage and Parking

Garage Description: Driveway,Garage,On Street

Homeowners Association

Other Property Info

Source Listing Status: Active Source Neighborhood: 252 - Riverside Directions: From the 91 Freeway, exit Adams St and head south. Turn left onto Indiana Ave, then right onto Monroe St. Continue and turn left onto Kansas Ave. Property will be on the right at 3633 Kansas Ave. Source Property Type: Residential Income Area: 252 - Riverside Property SubType: Triplex
Building and Construction

Property Age: 119 Common Walls: 1 Common Wall Property Condition: Updated/Remodeled,Turnkey Structure Type: Triplex Year Built Source: Assessor Entry Level: 1 Entry Location: YES Property Attached: Yes Levels or Stories: Two Building Total Stories: 2

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
2077 Patterson Street, Riverside, CA, 92507	$899,000	5	2.5	1,748	1,748 SqFt
2643 10th Street, Riverside, CA, 92507	$998,000	6	4	2,180	2,180 SqFt
2643 Tenth Street, Riverside, CA, 92507	$998,000	6	4	2,180	2,180 SqFt

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ByOwner last updated this listing 06/09/2026 @ 23:04

MLS: P1-26538 LISTED BY: Meha Chopra, Douglas Elliman of Ca Inc 310-595-3888 SOURCE: CRMLS