$999,999
Turn-key investor opportunity. This residence has been transformed into three fully permitted units, all created within the original footprint and finished to a high-end standard in 2025. The property offers a combined $6,185 per month in actual gross rent across the following unit mix: Unit A – 4BR/2.5BA, approximately 1,445 square feet with a 1-car garage, renting for $2,995 per month; Unit B – 1BR/1BA, approximately 550 square feet, renting for $1,695 per month; and Unit C – a studio of approximately 475 square feet, renting for $1,495 per month. Clever spatial planning ensures that each unit features its own private entrance, a uniquely functional layout, and two dedicated parking spaces. Interior upgrades exceed what is typically found in multi-family configurations, including quartz and granite countertops, vinyl plank flooring throughout, split-unit HVAC systems, vaulted ceilings, recessed lighting, tankless water heaters, stainless steel appliances, and all-new kitchen cabinetry. Situated on a meticulously landscaped .23-acre lot, the outdoor amenities create a serene, park-like environment with multiple shaded pavilions, a fire pit, mature trees, manicured landscaping, and thoughtfully designed outdoor cooking areas. Located conveniently close to Cal Baptist University, University of California at Riverside, most major freeways and local retail hubs. Combining comprehensive remodeling, newer construction, and a strong rent roll, this property presents a rare, turn-key opportunity for investors seeking both quality and cash flow.
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Listed by MILES TURNER with Tower Agency (951) 369-8002
Property Type
Triplex
Status
Active
MLS Number
IV25268077
Year Built
2016
Lot Size
10,019 sq ft