2029 Patterson Street new

Riverside,CA 92507

$ 1250000

- Bed

- Bath

2951 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,951 sqft

Price per Sqft $423

MLS Listing ID CRNP24212367

Year Built 1916

Lot Size 0.300 Acres

Property Description

Welcome to 2029 Patternson Street, an exceptional triplex investment opportunity situated on a 13,068 sq ft lot. A newly constructed ADU, completed in 2024, offers 1,199 sq ft of living space, including 3 bedrooms, 2.5 bathrooms, a 2-car garage, and separate utilities, with a projected rental income of $3,400 per month. The front two units provide a total of 1,762 sq ft of living space. The downstairs unit consists of approx. 1,162 and offers 3 bedrooms, 2 bathrooms, in-unit laundry, and is currently rented on a month-to-month basis for $2,700. The upstairs unit is a 1-bedroom, 1-bathroom unit, approx. 600 Sq. ft. also rented month-to-month for $1,750. Both front units share utilities. The property features a newly paved driveway and a brand-new sliding gate, providing additional privacy and security.

Location

State CA

County Riverside

Interior

Heating Central

Cooling Central Air

Flooring Vinyl

Laundry Gas Dryer Hookup,Other,In Kitchen

Building

Water Public

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