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Kaleb Gutierrez

kalebgutieragent@gmail.com +1(949) 680-5608

$890,000

Est. payment - /mo

0.36 Acres Lot

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV26114104

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1903

Lot Size 0.360 Acres

Property Sub-Type Triplex

Property Description

TRIPLEX!!! 1 Bedroom & 2 Studio Units! *3342, 3344, 3340 Eucalyptus Ave., Riverside - Rare opportunity to own a beautifully renovated triplex on an oversized 15,681 square foot flat, usable lot in one of Riverside's most sought-after investment corridors, ideally positioned between Downtown Riverside and UC Riverside. Renovated in 2024, this income-producing property blends classic Riverside character with modern updates, creating an outstanding opportunity for investors, owner-occupants, or those seeking multigenerational living. The desirable unit mix includes two studio units and one 1-bedroom, 1-bath unit, offering broad rental appeal for students, professionals, and long-term tenants. Separate gas and electric meters for each unit provide added convenience and simplified property management. The extensive 2024 renovations give the property a fresh, updated feel while maintaining its timeless character. The oversized lot offers exceptional flexibility with space for future expansion, additional parking, outdoor living areas, or potential ADU development (buyer to verify), making this a property with both immediate income potential and long-term upside. The central Riverside location places the property just minutes from Downtown Riverside's restaurants, coffee shops, entertainment venues, museums, and historic attractions. UC Riverside, Riverside City College, local hospitals, and major employment centers are all nearby, helping support consistent rental demand. Convenient access to the 91, 60, and 215 freeways makes commuting throughout the Inland Empire and surrounding areas simple.

Location

State CA

County Riverside

Area 252 - Riverside

Interior

Fireplace No

Laundry Common Area, Inside

Exterior

Pool None

Community Features Suburban, Sidewalks

View Y/N Yes

View Neighborhood

Private Pool No

Building

Lot Description Back Yard, Front Yard, Rectangular Lot, Yard

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 211033005

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Trust

Virtual Tour https://docs.google.com/document/d/e/2PACX-1vSldHkIr0-a-LtseNYZE5aUjVQeFdWkIHdkirSuz7s9AvH1EAstK7BSv0oRXaXIhMnSvdtPoyWl0agf/pub

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Listed by Tanner Newlon CENTURY 21 MASTERS 626-609-7189, DRE #02120632

NEARBY SCHOOL & BUSINESS

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3342 Eucalyptus AVE Riverside, CA 92507