3633 Kansas Avenue Riverside, CA $ 948,000
3633 Kansas Avenue
$ 948,000
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3633 Kansas Avenue

Riverside, CA, 92507
$ 948,000
Baths1.0

Monthly Estimate*

$ 5,837

Listed by Douglas Elliman of Ca Inc
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Studio

Multi-Family Home for sale in Riverside, CA

for $948,000 with 1 full bath. This home was built in 1907 on a lot size of 0.33.

RARE triplex investor opportunity in the heart of Riverside featuring strong in-place income and significant value-add potential. The property generates approximately $64,704 in current annual income, with projected upside of approximately $21,000 annually through a city-approved ADU plan, bringing total projected income to approximately $85,704 per year. Situated on two contiguous parcels totaling approximately 0.33 acres!The property has undergone extensive recent improvements, including a new roof, full unit rehabs completed in 2023, fresh exterior and interior paint, and completed termite work, offering a low-maintenance investment profile.Included with the sale are architect-prepared, city-approved plans for an ADU utilizing an existing detached garage, providing a lower-cost path to adding a fourth unit and increasing future income (buyer to verify).The property consists of three units with functional layouts, ample on-site parking, and one detached garage assigned to the larger unit. Tenants currently pay gas, electricity, and trash, while owner expenses are limited to water and landscaping, supporting favorable operating margins.Centrally located near University of California Riverside, Riverside City College, and major freeways (60, 91, 215).Ideal for investors seeking immediate cash flow with minimal deferred maintenance and clear upside through ADU development.Drive-by only. Please do not disturb tenants. Interior inspection subject to accepted offer.

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Multi-Family Active

Price

$ 948,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.33

Year Built

1907

Town/City

Riverside

County/Region

Riverside

MLS | Web ID

P126538

Days on Market

18

Features
General
Sewer Public Sewer
Heating Fireplace(s)
Cooling None
Possession Close Of Escrow
Roof Shingle
Appliances Electric Range Gas Range Microwave Refrigerator Water Heater
HOA Fee 0
Garage Spaces 2
Architectural Style Craftsman Modern
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s) Security Lights
Year Built 1907
View None
Stories Count 2
Levels Two
Property Subtype Triplex
Gross Income 61469
Community Features Sidewalks
Accessibility Parking Accessible Doors
Additional Parcels Description 211104017Additional parcel included providing expanded land area and added potential for future use or development of city approved ADU.
County Riverside
Net Operating Income 42650
Operating Expense 18819
Insurance Expense 2422
New Construction false
Property Type Residential Income
Subdivision Name Not Applicable
Facing Direction East
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions From the 91 Freeway exit Adams St and head south. Turn left onto Indiana Ave then right onto Monroe St. Continue and turn left onto Kansas Ave. Property will be on the right at 3633 Kansas Ave.
City Riverside
Disclosures Accessory Dwelling Unit
Entry Location YES
Senior Community Y/N false
MLS Area 252 - Riverside
Lot Size Units Acres
Lot Size Square Feet 14374.8
Listing Terms Cash Conventional 1031 Exchange
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Property Condition Updated/Remodeled Turnkey
Trash Expense 0
Water Sewer Expense 697
Additional Parcels Y/N true
Rent Control Y/N true
Standard Status Active
Year Built Source Assessor
Tax Lot 0018
Property Sub Type Additional Triplex
Expected Active Date 2026-04-04
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Interior
Interior Amenities Ceiling Fan(s) Storage Tile Counters Bedroom on Main Level
Flooring Carpet Laminate
Fireplace Features Gas
Total Stories 2
Common Walls 1 Common Wall
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N true
Entry Level 1
Total Baths 0
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Exterior
Fencing Good Condition Wire
Parking Features Driveway Garage On Street
Lot Features 0-1 Unit/Acre Back Yard Landscaped Near Public Transit Rocks Yard
Water Source Public
Total Parking 8
Inclusions City approved ADU plans! Appliances included.
Lot Size Area 0.33
Foundation Details Concrete Perimeter
Number of Buildings 3
Spa false
Lot Size Acres 0.33
Private Pool false
Lot Size Source Public Records
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
Road Frontage Type City Street
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* Excluded Features
List By
Douglas Elliman Of Ca Inc

Broker

maychopra@gmail.com

Email

Affordability Calculator

$5,837
Per Month
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Monthly Principal & Interest
$5,837
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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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/3/2026$948,000 Listed Price

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3633 Kansas Avenue, Riverside, CA, 92507 is a Multi-Family Home for sale at $948,000 with a lot size of 0.33. 3633 Kansas Avenue is a studio with 1.0 baths and was built in 1907. The property's zip code is 92507 which is in Riverside, CA