Active

3717 Roosevelt Street

Riverside CA, 92503

$950,000


$343.70 per sqft

Active

2,764 sqft

Condo

Built in 1966

Listed by ERIC CHEN with CB RICHARD ELLIS 909-418-2000

Portfolio Sale Opportunity: This property is available for Individual Purchase or as part of a Portfolio Sale with 394 W. 17th Street, San Bernardino and 27205 Main Street, Highland. We are proud to present an exceptional opportunity to acquire a well-maintained 3+1 unit property located at 3717 Roosevelt Street in Riverside. This +-2,764 SF building sits on a generous +-9,148 SF lot and is conveniently located near the intersection of Magnolia Avenue and Van Buren Boulevard.
The property boasts a convenient location within walking distance of the Arlington Library and is within a close proximity to popular destinations like the Tyler Galleria Mall, Cal Baptist University and La Sierra University with easy access to the 91 Freeway, La Sierra Metrolink train station, Downtown Riverside, and a variety of shopping centers, restaurants, and retailers, all just a short distance away. Showcasing mature and lush landscaping, 3717 Roosevelt resides on a palm tree-lined street. The property features surface vehicle parking and ample street parking. Some units have been updated and feature kitchens with appliances, tile flooring throughout, wall air conditioning and heating, security screen doors, ceiling fans and private patios, porches and front and back yards. Neighboring cities include Corona, Norco, Woodcrest, Pedley, Jurupa Valley, Eastvale, Colton, San Bernardino and Moreno Valley. Significant local landmarks within a 20-mile radius include: Downtown Riverside, University of California, Riverside (UCR), UC Riverside Botanic Gardens, Mount Rubidoux, Mission Inn Hotel and Resort, California Baptist University (CBU), Fox Performing Arts Center, and the March Field Air Museum, to name a few. 3717 Roosevelt Street is an admirable Inland Empire income-producing property and a great long-term investment. The property offers stability for any type of investor whether it may be a first-time purchaser, seasoned investor, or those seeking a 1031 exchange opportunity.

CV24055922

MLS ID

March 20, 2024

Listed

May 15, 2024

Updated

Map

3717 Roosevelt Street
Riverside CA, 92503

Interior Features

Total Stories

1


Laundry Description

Washer Hookup, Gas Dryer Hookup


Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.21 Acres


Lot Features

2-5 Units/Acre, Landscaped


Sewer

Public Sewer

Other Property Details

Area Name

252 - Riverside


Days on Market

47


Garage

No


Parking Total

6


View

No


County

Riverside


Water Source

Public


Pool

No


Pool Features

None


Zoning

R3

Listing History

Date

Event

Price

5/15/2024

Active

5/3/2024

Under Contract

Listing Contact: 909-418-2000 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/15/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 5/15/2024 at 7:09 PM UTC

 

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