Prime 6-Unit Apartment Complex Near Downtown Riverside
Don’t miss this excellent investment opportunity! This well-maintained 6-unit apartment complex is ideally located just minutes from the heart of Downtown Riverside, offering a strong and stable rental income month after month.
The property features a diverse mix of unit types to attract a wide range of tenants:
1 Studio
1 One-Bedroom Unit
2 Two-Bedroom Units
2 Three-Bedroom Units
Some units are equipped with washer and dryer hookups, adding convenience and value for tenants. The property offers a combination of onsite parking and ample street parking, making it easily accessible for all residents.
The roof is in solid condition, and the building has been consistently producing reliable rental income with minimal vacancies. Located near shops, restaurants, and public transportation, this property is a great opportunity for investors looking to own in a high-demand rental market.
For sale
Listing Provided by:
Sean Brunske DRE #01228051 951-288-1762,
RE/MAX CHAMPIONS
$1,495,000
3159 1st St, Riverside, CA 92507
11beds
6baths
4,800sqft
Est.:
Multi Family
Built in 1937
-- sqft lot
$1,011,100 Zestimate®
$311/sqft
$-- HOA
What's special
- 329 days |
- 230 |
- 13 |
Zillow last checked: 8 hours ago
Listing updated: September 30, 2025 at 11:07am
Listing Provided by:
Sean Brunske DRE #01228051 951-288-1762,
RE/MAX CHAMPIONS
Source: CRMLS,MLS#: CV25228664
Originating MLS: California Regional MLS
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 6
Heating
- None
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 4,800
- Total interior livable area: 4,800 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage
- Garage spaces: 3
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
Lot
- Size: 8,276 Square Feet
- Features: Corner Lot
Details
- Parcel number: 209241016
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1937
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks
Location
- Region: Riverside
Financial & listing details
- Price per square foot: $311/sqft
- Date on market: 9/30/2025
- Cumulative days on market: 329 days
- Listing terms: Cash,Conventional
Estimated market value
$1,011,100
$900,000 - $1.13M
$1,797/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/30/2025 | Listed for sale | $1,495,000+130%$311/sqft |
Source: | ||
| 3/5/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 5/31/2020 | Listing removed | $1,200 |
Source: Owner Report a problem | ||
| 5/27/2020 | Price change | $1,200-14.3% |
Source: Owner Report a problem | ||
| 5/22/2020 | Listed for rent | $1,400 |
Source: Owner Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$9,513/mo
Principal & interest
$7507
Property taxes
$1483
Home insurance
$523
Climate risks
Neighborhood: Hunter Industrial Park
Nearby schools
GreatSchools rating
- 3/10Longfellow Elementary SchoolGrades: K-6Distance: 0.7 mi
- 6/10University Heights Middle SchoolGrades: 7-8Distance: 1.6 mi
- 5/10John W. North High SchoolGrades: 9-12Distance: 1.1 mi
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