2972 Orange ST Active Save Request In-Person Tour Request Virtual Tour
Riverside,CA 92501
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25063025
Construction Status Updated/Remodeled,Turnkey
HOA Y/N No
Year Built 1961
Lot Size 6,969 Sqft
Property Sub-Type Triplex
Property Description
Discover a prime investment opportunity with this well-maintained triplex in the heart of North Riverside! Built in 1961, this property features three spacious 2-bedroom, 1-bath units, each offering a smart layout with a welcoming living room flowing into a separate kitchen, a hallway flanked by large bedrooms, and a modern bathroom. Enjoy recent upgrades including a composition roof installed in 2003, full copper plumbing from 2007, and fresh exterior paint in 2013. Unit-specific enhancements include a bathroom remodel in 2014 for one unit and a kitchen remodel in 2016 plus a bathroom refresh with a new tub in 2025 for another. Tile floors grace the living areas and kitchens, complemented by cozy carpeted bedrooms, blending style and durability.
This turnkey gem boasts a covered 3-car carport plus ample street and alley parking, ensuring tenant convenience. A detached laundry room with coin-operated machines offers additional storage space and income potential, while the front lawn presents an opportunity for an ADU (subject to approval). Low maintenance is a highlight, with recent water heater replacements in 2021 and 2023 keeping systems efficient. The triplex sits on a 6,970 sq ft lot in the Riverside redevelopment area, promising future growth and vibrancy.
Nestled just a 15-minute walk from the iconic Mission Inn and Downtown Riverside, this property offers easy access to local hotspots like Beerfarm, Route 30 Brewing, and the Riverside Certified Farmers' Market. Unwind at nearby North Park or enjoy seamless commuting via freeways 60, 91, and 215. The community shines with events like the Dickens Festival and Christmas at Mission Inn, adding charm without disruption. Perfect for investors or multi-family buyers seeking a cash-flowing asset with upside potential in a thriving location!
Location
State CA
County Riverside
Area 252 - Riverside
Interior
Interior Features Storage,Unfurnished,Utility Room
Heating Natural Gas,Wall Furnace
Cooling None
Flooring Carpet,Tile
Fireplaces Type None
Fireplace No
Appliance Gas Water Heater
Laundry Common Area,Laundry Room,Outside
Exterior
Parking Features Assigned,Carport,Detached Carport,Storage
Carport Spaces 3
Fence Chain Link
Pool None
Community Features Curbs,Park,Street Lights,Sidewalks,Urban
Utilities Available Cable Connected,Electricity Available,Electricity Connected,Natural Gas Available,Natural Gas Connected,Phone Available
View Y/N No
View None
Roof Type Composition
Accessibility None
Total Parking Spaces 3
Private Pool No
Building
Lot Description 2-5 Units/Acre,Front Yard,Lawn,Landscaped,Near Public Transit,Paved,Sprinklers None
Story 1
Entry Level One
Sewer Private Sewer
Water Public
Architectural Style Ranch
Level or Stories One
New Construction No
Construction Status Updated/Remodeled,Turnkey
Others
Senior Community No
Tax ID 209212027
Energy Description 144.0
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard