3561 Russell Street

Riverside, CA 92501

  • 0 Bed(s)
  • 0 Bath(s)
  • 1,101 Sqft
  • 10890
    Sqft(Lot)
$649,000

Description

Duplex (2 units) near downtown riverside



unlock the potential of this duplex, ideally situated near downtown riverside and the newly developed exchange mixed-use area! this property offers a unique opportunity for investors, with the added possibility of constructing an accessory dwelling unit (adu).



prime location: located within an opportunity zone (buyer to verify), this duplex is just moments from downtown riverside's vibrant amenities, entertainment, and cultural landmarks. enjoy being within walking distance to the historic mission inn, riverside art museum, and the lively main street. whether it's dining at local restaurants, shopping, or experiencing the renowned festival of lights, this location has it all.



adu potential: the property features a detached garage, which can be converted into an adu studio, offering even more flexibility for rental income or personal use. additionally, the expansive lot provides room to explore the option of constructing one or more additional adus—perfect for extended family or a home office. the property also includes 2 gas meters, 1 electric meter, and 1 water meter.



investment opportunity: this property presents a promising opportunity for investors, located in a high-demand rental area. with over 10,000 square feet of land, there’s plenty of space for further development. pro forma rent is an estimate only (buyer to verify through their own research).



important buyer information:



zoned r1-7000 sfr, per the city of riverside (buyer to verify)

buyers are encouraged to conduct due diligence on all matters, including but not limited to property and lot size, permit history, zoning, school assignments, property condition, and metering.

no blind offers, please.

this is a rare opportunity to invest in a growing area with plenty of potential!

  • Property Type

    Residential Income

  • County

    Riverside

  • Style

    Residential Income

  • AD ID

    47357469

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Interior Features: All Bedrooms Down
    • Fireplace: None

    Cooling Features

    • None
    • Air Conditioning

    Heating Source

    • None
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1949
    • Building Area Total: 1,101

    Pool Features

    • None

    Laundry Features

    • Washer Hookup,Gas Dryer Hookup

    Fencing

    • None

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.25
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 10890

  • Listing Price Information

    • Original List Price: 649,000
    • Listing Contract Date: 2024-10-15

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 209080003

  • Garage and Parking

    • Garage Description: Driveway,Garage,On Street

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Closed
    • Source Neighborhood: 252 - Riverside
    • Postal Code Plus 4: 2252
    • Directions: 60fwy , exit main st, Russell St- Left
    • Zoning: A1
    • Source Property Type: Residential Income
    • Area: 252 - Riverside
    • Property SubType: Duplex

    Building and Construction

    • Property Age: 75
    • Common Walls: No Common Walls
    • Property Condition: Updated/Remodeled
    • Structure Type: Duplex
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: Front
    • Levels or Stories: One
    • Building Total Stories: 1
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BuyOwner last updated this listing 12/27/2024 @ 00:36

  • MLS: PW24207635
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is recently sold, it has 1,101 sqft, 10,890 sized lot, and 2 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Riverside , in zip code 92501, this Riverside County Home are nearby neighborhoods.