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3737 Shamrock Avenue, Riverside, CA 92501

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For Sale

$669,000

3 beds • 2 baths • 1,634 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • $409.42
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Introducing your historic Craftsman home near downtown Riverside. The front home offers over 1600 sq ft with 3 bedroom's and 2 full bathroom's. This area is experiencing significant growth with a city approved investment of over $23 million for downtown Riverside and Fairmount Park which is only minutes away. This development makes it a desirable hotspot and an excellent area to park your money. The home itself comes with approved permits to convert the garage into a 2 bedroom accessory dwelling unit (ADU) with its own entrance and backyard. This ADU has the potential to be leased for $2000, providing additional income opportunities. The location of the home is ideal, offering easy access to multiple freeways. Additionally, the property has been upgraded while still retaining its original character, providing a unique blend of modern amenities and traditional charm. It is worth noting that there has been recent approval allowing the sale of ADUs as condos in the state of California. This presents an excellent opportunity for savvy investors to maximize their returns. However, it's important to mention that while the ADU has been approved, the conversion process has not yet been completed yet and will only be completed with the right offer. Or keep the home AS IS and we will include the approved plans for the adu for you to finalize yourself! The choice is yours. Overall, this Craftsman home near downtown Riverside offers a promising investment opportunity in a rapidly developing area.
MLS# CV23196632

Courtesy Of Realty Masters & Associates

(909) 303-4500

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Lawn, RV Parking
  • Architecture Style
    Craftsman
  • Floor Covering
    Laminate
  • Heating System
    Central Furnace
  • Roof Type
    Unknown
  • Rooms
    Bedroom, Full Bath, Kitchen, Living Room

Map and Directions

Directions to 3737 Shamrock Avenue, Riverside, CA 92501

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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