3848 LOCUST, Riverside, CA 92501

$970,000

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Sold Price
$970,000
List Price
$990,000
Closing Date
Aug 07, 2026
Status
CLOSED
MLS#
SW26176331
Year Built
1971
Lot Size
9,100
Acres
0.21
Lot Location
6-10 Units/Acre
Days on Market
170
Property Type
Multifamily
Property Sub Type
Apartment

Property Description

EXCEPTIONAL INVESTMENT OPPORTUNITY IN DOWNTOWN RIVERSIDE'S HISTORICAL DISTRICT! Located just moments from iconic MISSION INN HOTEL & SPA, this well situated 6-UNIT property offers charm, conveniance, and strong rental appeal in one of Riverside'most desirable areas. The Unit Mix includes:TWO 2-BEDROOM/1-BATH UNITS & FOUR STUDIO UNITS Situated in the heart of Downtown Riveside Tenants enjoy close proximity to shopping, dining, entertainments, and appriciate easy access to the 91, 60 and 15 Freeways. Whether you are looking to expand your portfolio or secure a prime Multi-Unit property in a historic and high-demand location, this is an Outstanding Opportunity.

Additional Information

Taxes
$3,308
Pool Description
None
Garage Spaces Total
4
Sewer
Public Sewer
Attached Structure
Attached
Number Of Units Total
6
Operating Expense
700

Listing courtesy of Listing Agent: Ardavan Mofid (Ardavanmofid@yahoo.com) from Listing Office: CENTURY 21 Affiliated.

Listing sold by Prashant Sampat from Pacific Avenue Realty

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.