3633 Kansas AVE, Riverside, CA 92507
- $948,000
Listed by Meha Chopra, (818) 669-6024 from Douglas Elliman of Ca Inc
(If provided) CoList: from
- List Price
- $948,000
- MLS#
- CRP1-26538
- Status
- ACTIVE
- Listing Area
- 252 - Riverside
Property Description
RARE opportunity to own a beautifully updated triplex in the heart of Riverside offering immediate cash flow, exceptional upside, and a unique path to owner occupancy.One unit is currently vacant, creating an ideal opportunity for an owner-occupant to move in and potentially take advantage of owner-occupied financing options, including FHA financing for qualified buyers (buyer to verify with lender), while collecting rental income from the remaining units to help offset monthly housing costs. This is an excellent opportunity for buyers looking to build wealth through 'house hacking.'The property last generated approximately $64,704 in annual income with all three units occupied, with the potential to increase to approximately $85,704 annually through the included architect-prepared, city-approved ADU plans utilizing the existing detached garage (buyer to verify), creating a straightforward path to adding a fourth income-producing unit.Situated on two contiguous parcels totaling approximately 0.33 acres, this investment has undergone extensive recent improvements, including a new roof, complete unit renovations in 2023, fresh interior and exterior paint, and completed termite work, providing a low-maintenance ownership experience.The property features three well-designed units, am
Additional Information
- Amenities
- Storage Area(s), Counters
- Cooling System
- None
- Energy Features
- Ceiling Fan(s)
- Floor Covering
- Laminate
- Foundation
- Concrete Perimeter
- Garage Parking
- Garage, Off-Street Parking, Other
- Heating System
- Fireplace
- Neighborhood
- 252 - Riverside
- Other Rooms
- Formal Entry
- Pool Description
- 31, None
- Roof
- Shingle
- Style
- Contemporary, Craftsman
- Unincorporated Yn
- Yes
Mortgage Calculator
The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than JABEZ REALTY are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Copyright 2026 MLSListings Inc. All rights reserved