3717 Roosevelt , Riverside, CA 92503

  • $1,140,000
3717 Roosevelt , Riverside, CA 92503
Active
3717 Roosevelt , Riverside, CA 92503
3717 Roosevelt , Riverside, CA 92503
  • $1,140,000

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.

  • Address 3717 Roosevelt
  • City Riverside
  • State/county CA
  • Zip/Postal Code 92503
  • Country US

Details

Updated on December 12, 2025 at 12:01 am
  • Property ID: IV25274666
  • Price: $1,140,000
  • Property Size: 2764 Square Feet
  • Land Area: 0.21 Acres
  • Garage Size: x x
  • Year Built: 1966
  • Property Type: Residential Income, Apartment
  • Property Status: Active

Contact Information

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  • Hoyt Hochman