3848 LOCUST Riverside, CA ^$ 990,000

3848 LOCUST

^$ 990,000

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Recently Listed

3848 LOCUST

Riverside, CA, 92501

^$ 990,000

Bedrooms-- Baths4.0 Sq 7,100

Monthly Estimate*

^$ 6,096

Listed by CENTURY 21 Affiliated

3848 LOCUST, Riverside, CA 92501 - Image 1

3848 LOCUST, Riverside, CA 92501 - Image 2

3848 LOCUST, Riverside, CA 92501 - Image 3

3848 LOCUST, Riverside, CA 92501 - Image 4

3848 LOCUST, Riverside, CA 92501 - Image 5

3848 LOCUST, Riverside, CA 92501 - Image 6

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Commercial Property for sale in Riverside, CA

for $990,000 with 4 full baths. This 7,100 square foot building was built on a lot size of 0.2089.

EXCEPTIONAL INVESTMENT OPPORTUNITY IN DOWNTOWN RIVERSIDE'S HISTORICAL DISTRICT! Located just moments from iconic MISSION INN HOTEL & SPA, this well situated 6-UNIT property offers charm, conveniance, and strong rental appeal in one of Riverside'most desirable areas. The Unit Mix includes:TWO 2-BEDROOM/1-BATH UNITS & FOUR STUDIO UNITS Situated in the heart of Downtown Riveside Tenants enjoy close proximity to shopping, dining, entertainments, and appriciate easy access to the 91, 60 and 15 Freeways. Whether you are looking to expand your portfolio or secure a prime Multi-Unit property in a historic and high-demand location, this is an Outstanding Opportunity.

Commercial Active

Price

^$ 990,000

Full Bath

Property Type

Commercial

Taxes

^$ 3,308

Style

Lot Size

0.2089

Town/City

Riverside

County/Region

Riverside

MLS | Web ID

SW26039350

Days on Market

Features

General

Property Subtype Multi Family

County Riverside

Property Type Commercial Sale

Special Listing Conditions Standard

Status Active

Directions off the 91 fwy east turn left and follow to Locust on cul-de-sac

City Riverside

Number Of Units Total 6

MLS Area 252 - Riverside

Lot Size Units Square Feet

Lot Size Square Feet 9100

Number of Units Leased 6

Listing Terms Cash to New Loan Item1031Exchange

Tax Annual Amount 3308.68

Current Financing Conventional

Additional Parcels Y/N false

Building Area Units Square Feet

Standard Status Active

Occupancy Type Tenant

Property Sub Type Additional Multi Family

Interior

Total Stories 1

Laundry Features None

Entry Level 1

Exterior

Lot Features Item610UnitsAcre

Lot Size Area 9100

Number of Buildings 6

Building Area Total 7100

Lot Size Acres 0.2089

* Excluded Features

List By

Century 21 Affiliated

Broker

Ardavanmofid@yahoo.com

Affordability Calculator

$6,371

Per Month

Monthly Principal & Interest: $6,096
Monthly Property Taxes: $276
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Riverside, CA

Average List Price ^$1,436,357

Percent of Sale Price 45%

About Riverside, CA

322,488 Population

25% Since 2002

^$60,101 Median Income

32.82 Median Age

35% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/23/2026	$990,000		Listed Price

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3848 LOCUST, Riverside, CA, 92501 is a Commercial Property for sale at $990,000 with 7,100 sqft and a lot size of 0.2089. 3848 LOCUST has 4.0 baths. The property's zip code is 92501 which is in Riverside, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 2/24/2026. 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, 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.

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3848 LOCUST

Commercial Property for sale in Riverside, CA

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