Recently Listed New Construction 3460 Washington
Riverside, CA, 92504 $ 1,350,000
Baths1.0 Sq 2,660 Monthly Estimate*
$ 8,312
Listed by INLAND CITIES REALTY
Studio for $1,350,000 with 1 full bath. This 2,660 square foot home was built in 2026 on a lot size of 0.18.
INCREDIBLE 4 UNIT GARDEN STYLE PROPERTY ! If you are looking for a beautiful investment property, then this one is for you. This is a once in a lifetime opportunity to buy units that are new construction. Riverside is a Pro Housing city and a great place to invest in multi-family, we love landlords here. You can 1031 exchange yourself out of your current headache in Los Angeles and invest in a city that welcomes new growth and opportunity. All units are vacant. Set your own market rents. Close escrow and rent them out immediately, no work to be done. Most investment properties on the market are old and are in need of major repair with illegal units. There is no deferred maintenance on this property. There are no recorded covenants or restrictions from the city on this property. You can AirBNB or run it as a different business. This property is located on an expansive lot with beautiful trees and manicured lawn. **The main house in the front is the original home but re-imaged with new kitchen with which shaker cabinets, quartz counter tops, remolded bathroom, luxury vinyl flooring, new ducted mini-split a/c and heating system, new water heater, new roof, new stucco, new painting throughout and very spacious, consisting of 2 bedrooms and 1 bathrooms. (Pics of the front unit coming soon). The front yard has been re-soded with fresh St. Augustine grass. The other 3 units are Brand New Construction, all electric and Solar ready. They consist of the same beautiful white shaker cabinets, quartz counter tops, luxury vinyl flooring, and all appliances except the refrigerators, black accent finishes throughout, ceiling fans, and separate room for washer/dryer hookups in each unit. This garden style apartment complex is truly something special and rare as you will not find anything compatible on the market today. These homes were built with 2x6 construction something not heard of in California, your tenants will appreciate having lower utility bills due to the extra thick insulated walls, insulated ceilings and roofs. One of the two bedroom units offer EV charging which is a true up sale to your potential tenant. You can't find these types of upgrades in any of the units that are being sold today. The owner only pays water. Tenants pay electric, gas, trash, sewer. Riverside is thriving, close to Downtown Riverside, UCR, RCC, Hospitals, Tyler Mall, 91/15 fwys. This property is truly a rarity and a gem and will not last because it is simply One of a Kind !
See more
FeaturesGeneralSewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Available Natural Gas Available
Possession Close Of Escrow
Roof Asphalt
Appliances Electric Range Gas Range Microwave Water Heater
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 2026
Electric 220 Volts in Kitchen 220 Volts in Laundry
Tenant Pays Electricity Gas Sewer Trash Collection
Stories Count 1
Levels One
Property Subtype Quadruplex
Gross Income 0
Community Features Urban
County Riverside
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
New Construction true
Property Type Residential Income
HOA false
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions Off Brockton and South of Magnolia
City Riverside
Entry Location Front
Senior Community Y/N false
Open Parking Spaces 2
Number Of Units Total 4
MLS Area 252 - Riverside
Lot Size Units Square Feet
Lot Size Square Feet 7841
Listing Terms Cash Cash to New Loan Conventional 1031 Exchange
Property Attached Y/N true
Land Lease Y/N false
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Other
Tax Lot 16
Property Sub Type Additional Quadruplex
See more
InteriorFlooring Vinyl
Fireplace Features None
Total Stories 1
Common Walls 1 Common Wall
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Laundry Room
Entry Level 0
See more
ExteriorFencing Wood
Parking Features None
Lot Features 0-1 Unit/Acre
Water Source Public
Total Parking 2
Lot Size Area 7841
Number of Buildings 3
Building Area Total 2660
Lot Size Acres 0.18
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 1
Number of Separate Electric Meters 4
See more
* Excluded FeaturesList ByInland Cities RealtyBroker
rdrichard49@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $8,312
- Monthly Property Taxes
- --
- Monthly 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.
Learn more about how to save NearbyMulti-family listings in Riverside, CA
Average List Price $2,022,269
Percent of Sale Price 50%
About Riverside, CA 322,488 Population
25% Since 2002
$ 60,101 Median Income
32.82 Median Age
35% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/11/2026 | $1,350,000 | | Listed Price |