3342 Eucalyptus Avenue,Riverside, CA 92507
Riverside, CA 92507
Description
TRIPLEX!!! 1 Bedroom & 2 Studio Units! *3342, 3344, 3340 Eucalyptus Ave., Riverside - Rare opportunity to own a beautifully renovated triplex on an oversized 15,681 square foot flat, usable lot in one of Riverside's most sought-after investment corridors, ideally positioned between Downtown Riverside and UC Riverside. Renovated in 2024, this income-producing property blends classic Riverside character with modern updates, creating an outstanding opportunity for investors, owner-occupants, or those seeking multigenerational living. The desirable unit mix includes two studio units and one 1-bedroom, 1-bath unit, offering broad rental appeal for students, professionals, and long-term tenants. Separate gas and electric meters for each unit provide added convenience and simplified property management. The extensive 2024 renovations give the property a fresh, updated feel while maintaining its timeless character. The oversized lot offers exceptional flexibility with space for future expansion, additional parking, outdoor living areas, or potential ADU development (buyer to verify), making this a property with both immediate income potential and long-term upside. The central Riverside location places the property just minutes from Downtown Riverside's restaurants, coffee shops, entertainment venues, museums, and historic attractions. UC Riverside, Riverside City College, local hospitals, and major employment centers are all nearby, helping support consistent rental demand. Convenient access to the 91, 60, and 215 freeways makes commuting throughout the Inland Empire and surrounding areas simple.
Details
| MLS # | CV26114104 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1903 |
| Days On Site | 21 |
| Listing Provided By | CENTURY 21 MASTERS | Tanner Newlon |
Features
| SQ Feet | 1,325 |
|---|---|
| Story(s) | 1 |
| Units | 3 |
| Building(s) | 1 |
| Acreage | 0.36 |
| Property View | Yes |
Exterior
| Lot Features | Back Yard, Front Yard, Rectangular Lot, Yard |
|---|
Parking
| Garage Yes / No | No |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Suburban, Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Riverside |
| City | Riverside |
| Zip Code | 92507 |
| Area | 252 Riverside |
| Listing VS Median (in 92507) | |
Price: $915,000 low | high Med: $892,000 sqft: 1,325 low | high Med: 2,632 $ / sqft: $691 low | high Med: $360 On site: 21 low | high Med: 116 | |
Market Activity 92507
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Learn More About This Property
| State | CA |
|---|---|
| County | Riverside |
| City | Riverside |
| Zip Code | 92507 |
| Area | 252 Riverside |
| Listing VS Median (in 92507) | |
Price: $915,000 low | high Med: $892,000 sqft: 1,325 low | high Med: 2,632 $ / sqft: $691 low | high Med: $360 On site: 21 low | high Med: 116 | |