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3876 Locust St, Riverside, CA 92501
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3876 Locust St Riverside, CA 92501

$899,000
  • 3 Beds
  • 0 Baths
  • 2,196 Sq.Ft.
For Sale
$899,000 Get Pre-Qualified
Map preview of 3876 Locust St, Riverside, CA 92501

Property Overview: 3876 Locust St Riverside, CA has 3 bedrooms, -- bathrooms, 2,196 living square feet and 6,970 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: GREAT Rental Opportunity in Riverside's Downtown District. 3-Plex with 3 separate units in a single two-story building. One unit upstairs and two downstairs. Each unit is one bedroom and one bath with separate entrances. Each unit has a kitchen, dining and living room area. Well maintained property, including new exterior paint in 2020, and new windows and exterior doors installed in 2018. Two separate garages which are currently rented to tenants for storage. New Long driveway installed in 2023; plenty of parking. All units with renovations within the last 4 years.

Listed by TIMOTHY DAY | BRE #01338658 | DAY REALTY GROUP
Last checked: 6 minutes ago | Last updated: May 18th, 2024 | Source CRMLS | DOM: 12
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Home details

Lot Sq. Ft
6,970
HOA Dues
$0/mo
Year built
1909
Garage
2 Car
Property Type:
Triplex
Status
Active
MLS#
IV24093167
City
Riverside
County
Riverside
Time on Site
11 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,995
  • Total Rent: $1,995
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $67,740
  • Net Operating Income: $62,740
  • Gross Operating Income: --
  • Other Income Description: Income is based upon Pro Forma
Annual Expense Breakdown
  • Total Operating Expense: $5,000
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $500

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Property Details for 3876 Locust St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Appraiser
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 214292017
  • Year Built Source: Appraiser
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: 3 units with 3 separate addresses, 3874, 3876 and 3878 Locust Street. One building.
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Riverside Agent

Sale History for 3876 Locust St

Last sold for $295,000 on August 3rd, 2015

  • May, 2024

  • May 8, 2024

    Date

    Active

    CRMLS: IV24093167

    $899,000

    Price

  • June, 2022

  • Jun 9, 2022

    Date

    Canceled

    CRMLS: IV22097033

    $725,000

    Price

  • May 9, 2022

    Date

    Active

    CRMLS: IV22097033

    $725,000

    Price

  • Listing provided courtesy of CRMLS

    GREAT Rental Opportunity in Riverside's Downtown District. 3-Plex with 3 separate units in a single two-story building. One unit upstairs and two downstairs. Each unit is one bedroom and one bath with separate entrances. Each unit has a kitchen, dining and living room area. Well maintained property, including new exterior paint in 2020, and new windows and exterior doors installed in 2018. Separate over-sized two car garage and long driveway for plenty of parking. Upstairs unit renovated within the last year and under lease. Downstairs rear unit is currently being renovated.

  • October, 2020

  • Oct 7, 2020

    Date

    Canceled

    CRMLS: IV20173940

    $525,000

    Price

  • Sep 24, 2020

    Date

    Active Under Contract

    CRMLS: IV20173940

    $525,000

    Price

  • Sep 12, 2020

    Date

    Active

    CRMLS: IV20173940

    $525,000

    Price

  • Listing provided courtesy of CRMLS

    GREAT Rental Opportunity in Riverside's Downtown District. 3-Plex with 3 separate units in a single two-story building. One unit upstairs and two downstairs. Each unit is one bedroom and one bath with separate entrances. Each unit has a kitchen, dining and living room area. Well maintained property, including new exterior paint in 2020, and new windows and exterior doors installed in 2018. Separate over-sized two car garage and long driveway for plenty of parking. Strong and steady rental history. All units are currently rented, one is month to month and the other two have leases expiring early-mid 2021.

  • August, 2015

  • Aug 3, 2015

    Date

    Sold (Public Records)

    Public Records

    $295,000

    Price

  • September, 2004

  • Sep 28, 2004

    Date

    Sold (Public Records)

    Public Records

    $342,000

    Price

Show More

Tax History for 3876 Locust St

Assessed Value (2020): $319,316
Year Land Value Improved Value Assessed Value
2020 $92,006 $227,310 $319,316

Home Value Compared to the Market

This property vs the competition

3876 Locust St is listed 30.29% higher than the median list price for the city of Riverside which has a median list price of $690,000. The median price per/sqft for Riverside is $368 and this home is listed at $409.38 per/sqft which puts the price per square foot 11.24% higher than the median price per square foot for the city of Riverside.

About 3876 Locust St

Detailed summary of property

3876 Locust St is a triplex located in Riverside, CA 92501 and is currently for sale. This triplex offers 3 bedrooms, -- bathrooms, roughly 2,196 living square feet, and sits on an approximately 6,970 square foot lot. 3876 Locust St was first listed on ArdentRealEstateGroup.com on May 9, 2024. The homeowner is currently asking $899,000. The median priced home in Riverside is $690,000 with a median price per square foot of $368. Based on Ardent Real Estate Group's Riverside Market Data, this home is listed 30.29% higher than the median priced home. Local competing homes currently for sale include 856 N Arrowhead Ave, 933 N Mountain View Ave and 14172 Arrow Blvd. While the average home in Riverside, CA is selling in 48 days, 3876 Locust St has a days on market of 12 days. There are currently 708 homes for sale in the Riverside real estate market and 658 of them are single family homes while 44 of them are condos and 6 are townhomes. For more information on this home for sale at 3876 Locust St Riverside, CA 92501 contact Ardent Real Estate Group and we will put you in touch with one of our Riverside agents.

Public Facts for 3876 Locust St

Public county record property details
Beds
3
Baths
3
Year built
1909
Sq. Ft.
1,486
Lot Size
6,969
Stories
2
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Riverside
Lot#
11
APN
214-292-017

The source for these homes facts are from public records.

92501 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$669,000
Median List Price/Sq.Ft.
$349
Median Sold Price
$580,000
Median Sold Price/Sq.Ft.
$371
Total Inventory
27
Median Sale to List Price %
100.87%
Avg Days on Market
26
Loan Type
Conventional (55.56%), FHA (0%), VA (0%), Cash (22.22%), Other (22.22%)

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Recently Sold Homes Near 3876 Locust St

3891 Locust St, Riverside, CA 92501
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$590,000 Last Sold Price
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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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