3342 Eucalyptus Ave Riverside, CA 92507
Eastside NeighborhoodEstimated payment $5,536/month
Highlights
- 0.36 Acre Lot
- Neighborhood Views
- 1-Story Property
- Private Yard
- Rectangular Lot
About This Home
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.
Listing Agent
CENTURY 21 MASTERS Brokerage Phone: 626-609-7189 License #02120632 Listed on: 08/06/2026
Co-Listing Agent
CENTURY 21 MASTERS Brokerage Phone: 626-609-7189 License #01506207
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1903 | Remodeled
Lot Details
- 15,681 Sq Ft Lot
- Two or More Common Walls
- Rectangular Lot
- Private Yard
- Back and Front Yard
Home Design
- Triplex
- Entry on the 1st floor
Interior Spaces
- 1,325 Sq Ft Home
- 1-Story Property
- Neighborhood Views
- Laundry in unit
Bedrooms and Bathrooms
- 1 Bedroom
- 2 Bathrooms
Location
- Suburban Location
Listing and Financial Details
- Tax Lot 11
- Assessor Parcel Number 211033005
Community Details
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $3,767
- Trash Expense $398
- Water Sewer Expense $358
- New Taxes Expense $10,065
- Operating Expense $14,952
- Gross Income $47,197
- Net Operating Income $32,456
Additional Features
- 3 Units
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $6,143 | $553,492 | $166,464 | $387,028 |
| 2025 | $812 | $542,640 | $163,200 | $379,440 |
| 2023 | $812 | $61,844 | $23,258 | $38,586 |
| 2022 | $796 | $60,632 | $22,802 | $37,830 |
| 2021 | $803 | $59,444 | $22,355 | $37,089 |
| 2020 | $797 | $58,835 | $22,126 | $36,709 |
| 2019 | $784 | $57,683 | $21,693 | $35,990 |
| 2018 | $771 | $56,553 | $21,268 | $35,285 |
| 2017 | $760 | $55,445 | $20,851 | $34,594 |
| 2016 | $719 | $54,359 | $20,443 | $33,916 |
| 2015 | $709 | $53,544 | $20,137 | $33,407 |
| 2014 | $702 | $52,497 | $19,744 | $32,753 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/06/2026 08/06/26 | For Sale | $915,000 | +72.0% | $691 / Sq Ft | |
| 05/30/2024 05/30/24 | Sold | $532,000 | -5.8% | $402 / Sq Ft | View Prior Sale |
| 05/06/2024 05/06/24 | Pending | -- | -- | -- | |
| 04/26/2024 04/26/24 | For Sale | $565,000 | -- | $426 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $532,000 | Lawyers Title | |
| Interfamily Deed Transfer | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV26114104
APN: 211-033-005
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Ask me questions while you tour the home.