$665,000

3110 3108 Lime Riverside, CA 92501

Downtown Riverside Neighborhood

Estimated payment $4,191/month

2 Beds
2 Baths
999 Sq Ft
$666 Price per Sq Ft

Highlights

  • No Units Above
  • Private Yard
  • Neighborhood Views
  • Polytechnic High School Rated A-
  • No HOA
  • Cottage

About This Home

Investment Opportunity in Riverside’s Historic District – Duplex with Value-Add Potential
Welcome to 3108/3110 Lime Street, a beautifully updated duplex located near Downtown Riverside, the Mission Inn, and the University of Riverside. Nestled in the city’s desirable historic district, this property offers charm, functionality, and strong rental potential in one of Riverside’s fastest-growing areas.
Each of the two units features its own private entryway, with an open kitchen leading into a spacious living room accented by a faux fireplace. The primary bedrooms showcase large windows, walk-in closets, and en-suite bathrooms, creating a comfortable layout for tenants. Both units have been remodeled and enjoy modern updates including a newer roof and upgraded attic insulation.
Additional highlights include on-site laundry, separate gas and electric meters, and excellent curb appeal that complements the historic character of the neighborhood. A detached garage presents an outstanding opportunity for ADU conversion, offering the potential to add a third income-producing unit and increase cash flow.
With both units currently rented, this property is a strong investment in a thriving rental market with continued upside.

Listing Agent

Juan Bautista

Gold Clover Realty Brokerage Phone: 714-745-1496 License #02044065 Listed on: 09/29/2025

Co-Listing Agent

Jessica Ann Bautista

Gold Clover Realty Brokerage Phone: 714-745-1496 License #01973266

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 3,920 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Vinyl Fence
  • Wood Fence
  • Front Yard Sprinklers
  • Private Yard
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex
  • Cottage
  • Entry on the 2nd floor
  • Shingle Roof

Interior Spaces

  • 999 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Blinds
  • Living Room
  • Laminate Flooring
  • Neighborhood Views

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Available
  • Assigned Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 3 / 1
  • Tax Tract Number 9041
  • Assessor Parcel Number 213042017
  • $391 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,020
  • Insurance Expense $1,200
  • Pest Control $400
  • Water Sewer Expense $50
  • Operating Expense $2,620
  • Gross Income $48,000
  • Net Operating Income $39,380

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 6.00
  • Inclusions: Refrigerator, washer and dryer
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: Yes
  • Water Sewer Expenses: 50.00
  • Architectural Style: Cottage
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1020.00
  • Parcel Number: 213042017
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Flooring: Laminate
  • Appliances: Yes
  • Entry Level: 2
  • Levels: One
  • Price Per Square Foot: 665.67
  • Room Type: All Bedrooms Down, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Walk-In Closet
  • Window Features: Blinds, Double Pane Windows

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Vinyl, Wood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Microwave, Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Dryer Included, Gas & Electric Dryer Hookup, Gas Dryer Hookup, Outside, Washer Hookup, Washer Included
  • Pest Control Expense: 400.00
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Sprinkler System, Sprinklers In Front, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 3920.00
  • Lot Size Acres: 0.0900

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Sewer, Telephone, Trash Collection

Multi Family

  • Average Studio Area: 500 Square Feet
  • Gross Income: 48000.00
  • Gross Scheduled Income: 42000.00
  • Insurance Expense: 1200.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 3920.0000 Square Feet
  • Net Operating Income: 39380.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 1
  • Operating Expense: 2620.00
  • Rent Control: Yes
  • Total Actual Rent: 42000.00
  • Total Expenses: 2620.00

Tax Info

  • Tax Block: 1
  • Tax Lot: 3
  • Tax Tract Number: 009041
  • TaxOtherAnnualAssessmentAmount: 391.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2025 09/29/25 For Sale $665,000 -- $666 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG25225510

California Regional Multiple Listing Service (CRMLS)
California Riverside County Riverside 92501 Downtown Riverside

3110 3108 Lime, Riverside, CA

This home is located at 3110 3108 Lime, Riverside, CA 92501 and is currently priced at $665,000, approximately $665 per square foot. This property was built in 1927. 3110 3108 Lime is a home located in Riverside County with nearby schools including Bryant Elementary, Central Middle School, and Polytechnic High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Juan Bautista
Listing Agent
Juan Bautista
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Gold Clover Realty
(909) 345-2275