3717 Roosevelt Riverside, CA ^$ 1,140,000

3717 Roosevelt

^$ 1,140,000

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3717 Roosevelt

Riverside, CA, 92503

^$ 1,140,000

Studio Baths1.0 Sq 2,764

Monthly Estimate*

^$ 7,112

Listed by LE INVESTMENT GROUP

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Studio

Multi-Family Home for sale in Riverside, CA

for $1,140,000 with 1 full bath. This 2,764 square foot home was built in 1966 on a lot size of 0.21.

3717 Roosevelt Street presents a well-located 3+1 multifamily opportunity in one of Riverside’s most stable residential corridors. The property consists of three 2-bed/1-bath units plus an additional non-conforming 2-bed/1-bath unit, offering an attractive unit mix and strong income potential. Current rents remain below market, providing a clear path to upside through standard turnover and light interior improvements, with pro forma gross income projected at $100,800 annually. Operating costs are lean, and the 1960s construction profile supports efficient, predictable management with minimal deferred maintenance concerns. Positioned near major employment centers, retail hubs, and key transportation routes, the asset delivers a compelling blend of stability, cash-flow growth, and long-term appreciation—making it an ideal acquisition for investors seeking well-located, manageable multifamily in the heart of Riverside.

Multi-Family Active

Price

^$ 1,140,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.21

Year Built

1966

Town/City

Riverside

County/Region

Riverside

MLS | Web ID

IV25274666

Days on Market

Features

General

Sewer Public Sewer

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Garage Spaces 0

Pool Features None

Year Built 1966

Stories Count 1

Levels One Two

Property Subtype Apartment

Gross Income 100800

Community Features Curbs Street Lights Suburban

County Riverside

Net Operating Income 74039

Operating Expense 22729

Insurance Expense 2250

New Construction false

Property Type Residential Income

Garage Y/N false

Special Listing Conditions Standard

Status Active

Directions From the 91 Freeway exit Madison St and head south. Turn right on Indiana Ave then left on Roosevelt St. Property is on the right.

City Riverside

Entry Location 1

Senior Community Y/N false

Number Of Units Total 4

MLS Area 252 - Riverside

Lot Size Units Square Feet

Lot Size Square Feet 9148

Listing Terms Cash Cash to New Loan Conventional

Property Attached Y/N true

Land Lease Y/N false

Electric Expense 200

Fuel Expense 200

Trash Expense 200

Water Sewer Expense 200

Additional Parcels Y/N false

Rent Control Y/N true

Building Area Units Square Feet

Standard Status Active

Year Built Source Public Records

Tax Lot 13

Property Sub Type Additional Apartment

Interior

Total Stories 1

Common Walls 1 Common Wall

Air Conditioning Y/N true

Heating Y/N true

Laundry Features Washer Hookup Gas Dryer Hookup

Entry Level 1

Exterior

Lot Features 2-5 Units/Acre Back Yard Front Yard Landscaped

Water Source Public

Total Parking 0

Lot Size Area 9148

Number of Buildings 2

Building Area Total 2764

Lot Size Acres 0.21

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 4

Number of Separate Electric Meters 4

* Excluded Features

List By

Le Investment Group

Broker

darren.correa@leinvestmentgroup.com

Affordability Calculator

$7,112

Per Month

Monthly Principal & Interest: $7,112
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% 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

Multi-family listings in Riverside, CA

Average List Price ^$1,256,775

Percent of Sale Price 10%

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
12/11/2025	$1,140,000		Listed Price

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3717 Roosevelt, Riverside, CA, 92503 is a Multi-Family Home for sale at $1,140,000 with 2,764 sqft and a lot size of 0.21. 3717 Roosevelt is a studio with 1.0 baths and was built in 1966. The property's zip code is 92503 which is in Riverside, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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 12/15/2025. 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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3717 Roosevelt

Multi-Family Home for sale in Riverside, CA

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