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Property 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 an additional non-conforming 2-bed/1-bath unit, offering an attractive unit mix and strong income potential. Current rents remain 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.

Features
: None
: Wall Furnace
: Wall/Window Unit(s)
: Washer Hookup, Gas Dryer Hookup
: Public Sewer
Address Map
3717 Roosevelt, Riverside, California 92503
US
CA
Riverside
Riverside
92503
Yes
Roosevelt
3717
W118° 33' 13.2''
N33° 55' 6.4''
From the 91 Freeway, exit Madison St and head south. Turn right on Indiana Ave, then left on Roosevelt St. Property is on the right.
252 - Riverside
Additional Information
: Public
1
1
2025-12-11
4
: Landscaped, Back Yard, Front Yard, 2-5 Units/Acre
: One, Two
1
: Curbs, Street Lights, Suburban
2764
Listing Information
IVCORRDAR
IVLEIN
Cash,Cash to New Loan,Conventional
Active
2025-12-12T00:01:40Z
CRMLS
: Standard
2025-12-11T12:46:27Z

Residential Income For Sale

3717 Roosevelt, Riverside, California 92503

0.21 Acre
$1,140,000
Listing ID #IV25274666
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : IV25274666
Price : $1,140,000
Year Built : 1966
Lot Area : 0.21 Acre
Office Name : LE INVESTMENT GROUP
Agent Name : DARREN CORREA
Property Attached Yn : 1
Property Sub Type : Apartment
Listing Status : Active
Agent info
All View Realty
Contact Agent
2551569_AVR_Logo_Revamp_7_031025