3717 Roosevelt, Riverside, CA 92503 | For Sale

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For Sale $1,140,000

$1,140,000
  • (0)
  • Unknown Bedrooms
  • Unknown Bathrooms
  • Unknown Sq Ft
  • 9,148 Sq Ft

Description

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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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $1,140,000
Property Type Condo/Co-Op
Usable Sqft Unknown
Number of Stories 1 stories
Parking Spots 0 spots
Year Built 1966
Last Sold Unknown
Sold Price Unknown
APN # 234112013
MLS # IV25274666
Property ID 322446718
Lot Sqft 9,148
Zoning Unknown
Total Units 4
Days on Market 31
Original List Price $1,140,000
Date Updated December 11, 2025
Date Created December 11, 2025
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Listing Provided By

DARREN CORREA an agent of . Lic #02066621


© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of December 11, 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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