Investment Opportunity in Riverside’s Historic District – Duplex with Value-Add Potential
Welcome to 3108/3110 Lime Street, a beautifully updated duplex located near Downtown Riverside, the Mission Inn, and the University of Riverside. Nestled in the city’s desirable historic district, this property offers charm, functionality, and strong rental potential in one of Riverside’s fastest-growing areas.
Each of the two units features its own private entryway, with an open kitchen leading into a spacious living room accented by a faux fireplace. The primary bedrooms showcase large windows, walk-in closets, and en-suite bathrooms, creating a comfortable layout for tenants. Both units have been remodeled and enjoy modern updates including a newer roof and upgraded attic insulation.
Additional highlights include on-site laundry, separate gas and electric meters, and excellent curb appeal that complements the historic character of the neighborhood. A detached garage presents an outstanding opportunity for ADU conversion, offering the potential to add a third income-producing unit and increase cash flow.
With both units currently rented, this property is a strong investment in a thriving rental market with continued upside.
The income description goes here to explain
| List Price | $655,000 |
| Property Type | Duplex (2-units) |
| Usable Sqft | Unknown |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 1927 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 213042017 |
| MLS # | IG25225510 |
| Property ID | 322217596 |
| Lot Sqft | 3,920 |
| Zoning | Unknown |
| Total Units | 2 |
| Days on Market | 112 |
| Original List Price | $665,000 |
| Applicances | Gas Oven,Gas Range,Microwave,Refrigerator,Dryer,Washer% |
| Date Updated | November 04, 2025 |
| Date Created | September 26, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $42,000 | $0 |
| Net Income (Yr) | $ 39,380 |
| Cap Rate | 6% |
Juan Bautista an agent of Gold Clover Realty. Lic #02044065
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of November 04, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT