$669,000
↓ $81K (10.8%)
●
Multifamily -
For Sale
3737 Shamrock Avenue
Riverside, CA 92501
3 Beds
2 Baths
1634 Sqft
$3,285
Estimated Monthly
$0
HOA / Fees
About This Property
Introducing your historic Craftsman home near downtown Riverside.
The front home offers over 1600 sq ft with 3 bedroom's and 2 full
bathroom's. This area is experiencing significant growth with a
city approved investment of over $23 million for downtown Riverside
and Fairmount Park which is only minutes away. This development
makes it a desirable hotspot and an excellent area to park your
money.
The home itself comes with approved permits to convert the garage into a 2 bedroom accessory dwelling unit (ADU) with its own entrance and backyard. This ADU has the potential to be leased for $2000, providing additional income opportunities.
The location of the home is ideal, offering easy access to multiple freeways. Additionally, the property has been upgraded while still retaining its original character, providing a unique blend of modern amenities and traditional charm.
It is worth noting that there has been recent approval allowing the sale of ADUs as condos in the state of California. This presents an excellent opportunity for savvy investors to maximize their returns. However, it's important to mention that while the ADU has been approved, the conversion process has not yet been completed yet and will only be completed with the right offer. Or keep the home AS IS and we will include the approved plans for the adu for you to finalize yourself! The choice is yours.
Overall, this Craftsman home near downtown Riverside offers a promising investment opportunity in a rapidly developing area.
The manager has listed the unit size as 1634 square feet.
The home itself comes with approved permits to convert the garage into a 2 bedroom accessory dwelling unit (ADU) with its own entrance and backyard. This ADU has the potential to be leased for $2000, providing additional income opportunities.
The location of the home is ideal, offering easy access to multiple freeways. Additionally, the property has been upgraded while still retaining its original character, providing a unique blend of modern amenities and traditional charm.
It is worth noting that there has been recent approval allowing the sale of ADUs as condos in the state of California. This presents an excellent opportunity for savvy investors to maximize their returns. However, it's important to mention that while the ADU has been approved, the conversion process has not yet been completed yet and will only be completed with the right offer. Or keep the home AS IS and we will include the approved plans for the adu for you to finalize yourself! The choice is yours.
Overall, this Craftsman home near downtown Riverside offers a promising investment opportunity in a rapidly developing area.
The manager has listed the unit size as 1634 square feet.
Unit Size
1,634Ft²
Days on Market
187 days
Land Size
0.20 acres
Price per sqft
$409
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1921
Listed By
Last updated: 15 days ago (MRMLSCA #CV23196632)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 13, 2024 | Price Decreased |
$669,000
↓ $81K
(10.8%)
|
|
Price Decreased | |||
Oct 23, 2023 | Listed by Realty Masters & Associates | $750,000 | |
Listed by Realty Masters & Associates | |||
Feb 26, 2021 | Sold | $291,000 | |
Sold |
Property Highlights
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
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
3737 Shamrock Avenue
3737 Shamrock Avenue, Riverside, CA 92501
- 1 Unit for Sale