3311 Lime St Riverside, CA 92501
Downtown Riverside NeighborhoodEstimated payment $4,785/month
Highlights
- Private Yard
- No HOA
- Laundry Room
About This Home
FOUR UNITS in great Riverside location that is turnkey. One of Four units is vacant, which allows for Owner Occupant buyers. Let them pay your mortgage. 4 electric meters, 4 gas meters, 1 water meter. 4 driveway parking spaces on Lime.
Downstairs 1 bedroom 697 sqft. 3309 Lime St. has its own water heater and modern HVAC for heat and AC. Front covered patio and fenced front yard.
Downstairs 2 bedroom 786 sqft. 3311 Lime St. has its own water heater and modern HVAC for heat and AC. Laundry hookups and its own private fenced backyard.
Upstairs 1 Bedroom 292 sqft. 3424 3rd St. A has its own water heater and wall heater and window AC. Possible second child’s bedroom. Shared fenced back yard
Upstairs 2 bedroom 370 sqft. 3424 3rd St. B has its own water heater and wall heater and window AC. Large living room and a balcony. Shared fenced back yard
Basement is large and very clean with access from the back yard. There has been extensive retrofitting for earthquake that has been permitted. Each unit has its own water shut off. Upstairs units have a shared laundry connection at the bottom of the stairs. Newer comp shingle roof (2010), retrofit basement (2009) windows, gutters, paint, plumbing water and drains (2009), New electrical (2009), fumigation (2022) and more.
This is a must see, you will not be disappointed. Don’t miss the opportunity. Tenants are underpaying due to the kindness of the current owner. You have the potential to get these rents up to market value and make a nice monthly profit with low overhead due to the tenants paying for their own gas, electricity, and trash.
3 units are occupied. View the vacant unit and make your offer subject to inspection of the 3 occupied units.
Listing Agent
KELLER WILLIAMS REALTY Brokerage Phone: 909-289-7325 License #01712267 Listed on: 10/09/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1916
Lot Details
- 5,663 Sq Ft Lot
- Two or More Common Walls
- Private Yard
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 2,145 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Parking
- 4 Parking Spaces
- Parking Available
- Driveway
Location
- Suburban Location
Listing and Financial Details
- Legal Lot and Block 4 / 3
- Tax Tract Number 1
- Assessor Parcel Number 213121015
- $213 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,400
- Water Sewer Expense $82
- Operating Expense $382
- Gross Income $31,200
- Net Operating Income $2,318
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/28/2025 10/28/25 | Pending | -- | -- | -- |
| 10/28/2025 10/28/25 | Price Changed | $765,000 | +2.0% | $357 / Sq Ft |
| 10/09/2025 10/09/25 | For Sale | $750,000 | -- | $350 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IG25236010
APN: 213-121-015
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