3717 Roosevelt, Riverside, CA 92503
Local realty services provided by:CENTURY 21 Allstars
3717 Roosevelt,Riverside, CA 92503
$1,140,000
- - Beds
- - Baths
- 2,764 sq. ft.
- Multi-family
- Active
Listed by: darren correa
Office: le investment group
MLS#:IV25274666
Source:CRMLS
Price summary
- Price:$1,140,000
- Price per sq. ft.:$412.45
About this home
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 an additional non-conforming 2-bed/1-bath unit, offering an attractive unit mix and strong income potential. Current rents remain 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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Home facts
- Year built:1966
- Listing ID #:IV25274666
- Added:48 day(s) ago
- Updated:January 25, 2026 at 11:31 AM
Rooms and interior
- Living area:2,764 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Wall Furnance
Structure and exterior
- Year built:1966
- Building area:2,764 sq. ft.
- Lot area:0.21 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,140,000
- Price per sq. ft.:$412.45
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