$510,000
●
House -
Off Market
3560 Franklin Avenue
Riverside, CA 92507
3 Beds
2 Baths
1,272 Ft²
$2,554
Est. Monthly
About This Property
Embrace Riverside's rich heritage in this charming 3-bedroom,
2-bath home. This delightful residence boasts a large family room
with the potential for a 4th bedroom. Enjoy the beautiful kitchen
with a pantry featuring a barn-style sliding door. Ceiling fans are
in all bedrooms and the family room. The expansive lot offers many
possibilities, including the potential for an ADU (Accessory
Dwelling Unit). Car enthusiasts and those with hobbies will
appreciate the long driveway and ample parking in the back. Enjoy
outdoor living in the big backyard, perfect for entertaining,
complete with a variety of fruit trees. The large enclosed patio
offers year-round enjoyment. Benefit from the solar energy system
for energy efficiency. The basement offers extra storage. It's
located near Downtown, with easy access to restaurants, shopping,
and theaters. The home is also conveniently near Riverside
Community College (RCC), the University of California, Riverside
(UCR), and the iconic Mission Inn, with quick access to freeways
and the Metrolink for commuters. Don't miss this opportunity!
Unit Size
1,272 Ft²
Days on Market
76 days
Land Size
0.16 acres
Price per sqft
$409
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1904
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (CRMLS #IV25074728)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 20, 2025 | Sold | ||
| Sold | |||
| May 9, 2025 | In contract | - | |
| In contract | |||
| Apr 5, 2025 | Listed by REALTY MASTERS & ASSOCIATES | $520,000 | |
| Listed by REALTY MASTERS & ASSOCIATES | |||
Property Highlights
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Eastside
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Listed by: RAMON IRIBE, REALTY MASTERS & ASSOCIATES
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IV25074728
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IV25074728
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