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39
Photos
4152 Locust Street, Riverside, CA 92501
$825,000 Asking Price
$---/mo Est. Payment Get Prequalified »
3
beds
3
baths
2,103
sqft
Built in
1924
This unique property presents an incredible opportunity with three homes on one lot, each featuring its own garage, private laundry hookups, backyard, parking space, and separate gas and electric meters, making utility payments straightforward for all residents. This versatile property is perfect for multigenerational living, allowing families to stay close while enjoying their independenceideal for parents, adult children, and grandparents to live together yet separately, potentially saving on childcare and elder care expenses.Additionally, this property offers excellent income-generating potential: live in one home and rent out the other two to create a steady income stream and help offset your mortgage. All three homes can be rented out individually, ensuring that each tenant has control over their own utilities. For investors, this property is also perfect as a vacation rental, attracting large groups and families seeking private yet connected accommodations. Its prime location near four colleges, downtown Riverside, and within an hour's drive of Disneyland, Knott's Berry Farm, and multiple beaches makes it highly desirable for short-term stays. Moreover, the layout allows for a home office, creative studio, or workspace while still providing rental income from the other homes. With endless possibilities, this property is also suited for a group home, assisted living facility, or corporate housing, offering executives comfortable and private living arrangements. With such a wide range of options, this property caters to buyers looking for privacy, flexibility, and incom
Features & Amenities
Interior
- Laundry:
- Gas
- A/C:
- Wall/Window
- Heating:
- Forced Air Unit
- Fireplace:
- N/K
Exterior
- Pool:
- None
- Parking:
- Parking spaces: 3
Construction
- General:
- 1 Story
Location
- HOA Amenities:
- 0.0
- Originating MLS:
- California Regional MLS
- County:
- Riverside
Lot
- Zoning:
- R1065, 215192008
- View:
- Neighborhood
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- California Regional MLS
This listing courtesy of:
Re/Max Partners, Benjamin Rubalcava
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Riverside, CA
Housing
- Number of Units
- 117,460
- Median Home Value
- $425,369
- Median Rent
- $1,318
42.75% of housing units are renter occupied.
3.67% are vacant.
Commute
- Car
-
75.18%
- Public Transportation
-
2.06%
- Walk to Work
-
1.69%
- Work from Home
-
19.74%
- Other
-
0.66%
The median travel time to work is 27 minutes.
People
- Population
- 369,431
- Median Age
- 33.20
- Median Household Size
- 3.32
Education
- High School
-
25.48%
- Associate’s Degree
-
7.98%
- Bachelor’s Degree
-
15.27%
- Graduate Degree
-
10.52%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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