3342 Eucalyptus Avenue
Riverside, CA, 92507 $ 915,000
Baths1.0 Sq 1,325 Monthly Estimate*
$ 5,777
Listed by CENTURY 21 MASTERS
Studio for $915,000 with 1 full bath. This 1,325 square foot home was built in 1903 on a lot size of 0.36.
TRIPLEX!!! 1 Bedroom & 2 Studio Units! *3342, 3344, 3340 Eucalyptus Ave., Riverside - Rare opportunity to own a beautifully renovated triplex on an oversized 15,681 square foot flat, usable lot in one of Riverside's most sought-after investment corridors, ideally positioned between Downtown Riverside and UC Riverside. Renovated in 2024, this income-producing property blends classic Riverside character with modern updates, creating an outstanding opportunity for investors, owner-occupants, or those seeking multigenerational living. The desirable unit mix includes two studio units and one 1-bedroom, 1-bath unit, offering broad rental appeal for students, professionals, and long-term tenants. Separate gas and electric meters for each unit provide added convenience and simplified property management. The extensive 2024 renovations give the property a fresh, updated feel while maintaining its timeless character. The oversized lot offers exceptional flexibility with space for future expansion, additional parking, outdoor living areas, or potential ADU development (buyer to verify), making this a property with both immediate income potential and long-term upside. The central Riverside location places the property just minutes from Downtown Riverside's restaurants, coffee shops, entertainment venues, museums, and historic attractions. UC Riverside, Riverside City College, local hospitals, and major employment centers are all nearby, helping support consistent rental demand. Convenient access to the 91, 60, and 215 freeways makes commuting throughout the Inland Empire and surrounding areas simple.
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FeaturesGeneralSewer Public Sewer
Garage Spaces 0
Pool Features None
Year Built 1903
View Neighborhood
Stories Count 1
Levels One
Property Subtype Triplex
Gross Income 47197
Community Features Suburban Sidewalks
County Riverside
Net Operating Income 32456
Operating Expense 14951
Insurance Expense 3767
New Construction false
Property Type Residential Income
Contingency Seller is doing a 1031 Exchange
Garage Y/N false
Special Listing Conditions Trust
Status Active
Directions Between 3rd and 4th Street
City Riverside
Entry Location Front & Side
Senior Community Y/N false
Number Of Units Total 3
MLS Area 252 - Riverside
Lot Size Units Square Feet
Lot Size Square Feet 15681
Listing Terms 1031 Exchange
Property Attached Y/N true
Land Lease Y/N false
Property Condition Updated/Remodeled
Trash Expense 398
Water Sewer Expense 358
Rent Control Y/N false
Virtual Tour https://docs.google.com/document/d/e/2PACX-1vSldHkIr0-a-LtseNYZE5aUjVQeFdWkIHdkirSuz7s9AvH1EAstK7BSv0oRXaXIhMnSvdtPoyWl0agf/pub
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 11
Property Sub Type Additional Triplex
Taxes 10065
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InteriorTotal Stories 1
Common Walls 2+ Common Walls
Laundry Features Common Area Inside
Entry Level 1
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ExteriorLot Features Back Yard Front Yard Rectangular Lot Yard
Water Source Public
Total Parking 0
Lot Size Area 15681
Number of Buildings 1
Building Area Total 1325
Lot Size Acres 0.36
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
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* Excluded FeaturesList Bytanner@martyrodriguezteam.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,777
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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 $1,684,790
Percent of Sale Price 84%
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 |
|---|
| 8/6/2026 | $915,000 | | Listed Price |