OPEN SAT 12PM - 4PM
$65K PRICE DROP
3352 Franklin Ave Riverside, CA 92507
Eastside NeighborhoodEstimated payment $4,254/month
Total Views
17,558
4
Beds
2
Baths
2,700
Sq Ft
$270
Price per Sq Ft
Highlights
- Guest House
- City Lights View
- Granite Countertops
- Gated Community
- Property is near a park
- Private Yard
About This Home
Exceptional Riverside INCOME PRODUCING, (Duel Unit/ADU) with Extensive Expansion Potential – Just 1.3 Miles from UCR! Whether you're a savvy investor, a first-time home buyer, or someone looking for a smart multi-generational living solution, this versatile 4-bedroom, 2-bathroom(3/1 & 1/1) duel unit/multi family with TONS of parking is a rare gem in the heart of Riverside. Perfectly positioned just 3 miles from the University of California, Riverside, this property offers both convenience and long-term value. Each unit features bright, spacious interiors, modern and updated kitchens and baths, and a flexible layout ideal for families, roommates, or renters. The main house is also equipt with a standing space cellar under the home as well as a beautiful covered porch for those warm summer nights. The lush, beautifully maintained individual yards create a private outdoor oasis for both units providing ample family space for both properties, while the secure perimeter fence provides added safety and peace of mind for residents, children, and pets alike. Investors, take note: This property is fully approved for a third unit, and the foundation has already been poured—saving you time, money, and red tape. The property also has a large 2 car garage that also could potentially be converted into a 4th unit. Expand your portfolio, stack your doors or create additional living space for the In-Laws with ease. Dont miss this special opportunity Located near schools, shopping, dining, and major freeways, this is a prime Riverside location with strong rental demand and future growth potential. Live in one, rent the other, or build out your investment vision—this property is ready for your next move.
Listing Agent
Re/Max Freedom Brokerage Phone: 909-996-7999 License #01503592 Listed on: 06/27/2025
Open House Schedule
-
Saturday, August 30, 202512:00 to 4:00 pm8/30/2025 12:00:00 PM +00:008/30/2025 4:00:00 PM +00:00Come see this special duplexAdd to Calendar
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,421
Year Built
- Built in 1915
Lot Details
- 0.28 Acre Lot
- No Common Walls
- Chain Link Fence
- Fence is in average condition
- Landscaped
- Level Lot
- Private Yard
- Lawn
- Garden
- Front Yard
Parking
- 14 Open Parking Spaces
- 2 Car Garage
- Parking Available
- Driveway
- Assigned Parking
Home Design
- Duplex
- Turnkey
- Shingle Roof
Interior Spaces
- 2,700 Sq Ft Home
- 2-Story Property
- Built-In Features
- Entryway
- Family Room
- Laminate Flooring
- City Lights Views
- Carbon Monoxide Detectors
- Laundry Room
Kitchen
- Convection Oven
- Granite Countertops
Bedrooms and Bathrooms
- 4 Bedrooms
- Dressing Area
- 2 Bathrooms
Utilities
- Cooling Available
- Central Heating
Additional Features
- Accessible Parking
- ENERGY STAR Qualified Equipment
- Guest House
- Property is near a park
Listing and Financial Details
- Legal Lot and Block 3 / 3
- Tax Tract Number 3
- Assessor Parcel Number 211034005
- $65 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 2 Units
Recreation
- Park
- Dog Park
- Hiking Trails
- Bike Trail
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $100
- Trash Expense $120
- Water Sewer Expense $185
- Operating Expense $400
- Gross Income $4,000
- Net Operating Income $3,700
Additional Features
- Laundry Facilities
- Gated Community
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2025 | $3,421 | $312,770 | $85,295 | $227,475 |
| 2023 | $3,421 | $300,627 | $81,984 | $218,643 |
| 2022 | $3,343 | $294,733 | $80,377 | $214,356 |
| 2021 | $3,306 | $288,954 | $78,801 | $210,153 |
| 2020 | $3,281 | $285,992 | $77,993 | $207,999 |
| 2019 | $3,220 | $280,385 | $76,464 | $203,921 |
| 2018 | $3,158 | $274,888 | $74,965 | $199,923 |
| 2017 | $3,102 | $269,499 | $73,496 | $196,003 |
| 2016 | $2,905 | $264,215 | $72,055 | $192,160 |
| 2015 | $2,863 | $260,249 | $70,974 | $189,275 |
| 2014 | $2,348 | $210,000 | $70,000 | $140,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/27/2025 08/27/25 | Price Changed | $729,999 | -5.8% | $270 / Sq Ft |
| 08/06/2025 08/06/25 | Price Changed | $774,999 | -2.5% | $287 / Sq Ft |
| 07/28/2025 07/28/25 | Price Changed | $794,998 | 0.0% | $294 / Sq Ft |
| 06/27/2025 06/27/25 | For Sale | $794,999 | -- | $294 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Stewart Title Company | |
| Interfamily Deed Transfer | -- | Stewart Title Company | |
| Grant Deed | $220,000 | Stewart Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $35,000 | Credit Line Revolving | |
| Open | $297,500 | Commercial | |
| Closed | $300,000 | Unknown | |
| Closed | $176,000 | Commercial | |
| Closed | $44,000 | No Value Available |
Source: Public Records
Similar Homes in Riverside, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV25111928
APN: 211-034-005
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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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