3717 Roosevelt , Riverside, CA 92503
$1,100,000
Est. Payment: $5,535.03/mo
8 Bed
4 Bath
2764 Sqft
Status: active | Days on site: 30
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

3717 Roosevelt Street presents a well-located 3+1 multifamily opportunity in one of Riverside's most stable residential corridors. The property consists of three 2-bed / 1-bath units plus and additional non-conforming 2-bed / 1-bath unit, offering an attractive unit mix and strong income potential. Current rents remain slightly below market, providing a clear path to upside through standard turnover and light interior improvements, with pro forma gross income projected at $100,800 annually. Operating costs are lean, and the 1960s construction profile supports efficient, predictable management with minimal deferred maintenance concerns. Positioned near major employment centers, retail hubs, and key transportation routes, the asset delivers a compelling blend of stability, cash-flow growth, and long-term appreciation-making it an ideal acquisition for investors seeking well-located, manageable multifamily in the heart of Riverside.

Highlights

Listed by DARREN CORREA , 714-310-2840 LE INVESTMENT GROUP , 909-256-7889. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.21

Year Built

1966

County

Riverside

Area

252 - Riverside

Listing ID

IV26090701

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:8
  • Bathrooms:4
  • Full Bathrooms:
Other:Public

Exterior Features

Lot:2-5 Units/Acre,Back Yard,Front Yard,Yard,No Land Lease
Garage Capacity:0
Others:2+ Total Units
Sewer:Public Sewer
Principal Interest
$5,535
Taxes
$701

Home Price

$1,100,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$220,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,535.03

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,535.03 $701.25 $0.00 $6,236.28
Yearly $66,420.31 $8,415.00 $0.00 $74,835.31
Total $1,992,609.40 $252,450.00 $0.00 $2,245,059.40

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Average Days on Market

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Market insight data is pulled from the same city as the listing being viewed (Riverside, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-08T10:35:52.000Z

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