3520 Crestmore Rd Riverside, CA 92509
Rubidoux NeighborhoodHighlights
- 1.8 Acre Lot
- Cooling System Mounted To A Wall/Window
- Tile Flooring
- Mountain View
- Laundry Room
- Central Heating and Cooling System
About This Home
As of April 2025We are proud to exclusively present a unique 8-unit + 1-non-conforming-unit multifamily investment opportunity located at 3520 Crestmore Road in Jurupa Valley, CA. Situated just west of the thriving Downtown Riverside, this property benefits from its strategic position north of Mission Avenue and west of the Santa Ana River, as well as its proximity to major freeways (60, 91 and 215). 3520 Crestmore Road offer investors a rare chance to acquire a large, oversized lot comprised of individual bungalow style houses within in a well sought-after neighborhood. 3520 Crestmore Road consist of ±6,702 rental square feet with an additional 1,200 non-conforming rental square feet on a ±78,408 square foot lot. The property features low-maintenance landscaping, tenant-paid-for utilities, professional management, ample off-street parking, mountain views, and an oversized lot with the potential ability to add Accessory Dwelling Units (buyer to verify with city). Individual units feature a private detached garages (in select units), individual storage units (in select units), in-unit washers and dryers, air conditioning and heating, and private fenced in yards. Riverside’s strategic location within Southern California positions it as a compelling destination for working professionals. The city’s convenient access to major freeways like the 60, 91, and 215 offers seamless connectivity to Riverside County, San Bernardino County, Los Angeles County, and beyond. This prime location, coupled with a dynamic community, draws a diverse talent pool. Top employers in the healthcare, manufacturing, retail, education and government industries, contribute to Riverside’s thriving economy. The city’s cost of living, while competitive with other Southern California areas, makes it an attractive option for working-class professionals seeking a balance between affordability and quality of life. Residents also enjoy easy access to a variety of cultural attractions within a 20-mile radius. These include the Galleria at Tyler, the historic Mission Inn Hotel and Spa, the convenient Downtown Metrolink Station, the iconic Riverside Fox Theatre, Riverside City College, and the prestigious University of California, Riverside. This combination of career opportunities, cultural amenities, and a strategic location makes Riverside a highly sought-after place to live and work.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1947
Lot Details
- 1.8 Acre Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Parking
- 4 Car Garage
Home Design
- Apartment
Interior Spaces
- 6,702 Sq Ft Home
- 1-Story Property
- Mountain Views
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating and Cooling System
- Wall Furnace
Listing and Financial Details
- Tax Lot 2
- Tax Tract Number 40201
- Assessor Parcel Number 179320045
- $604 per year additional tax assessments
Community Details
Overview
- 8 Buildings
- 9 Units
Building Details
- 8 Leased Units
- Rent Control
- 9 Separate Electric Meters
- 8 Separate Gas Meters
- 7 Separate Water Meters
- Electric Expense $118
- Fuel Expense $117
- Gardener Expense $1,680
- Insurance Expense $6,000
- Maintenance Expense $10,096
- Other Expense $2,000
- Pest Control $750
- Professional Management Expense $8,413
- Supplies Expense $1,470
- Trash Expense $484
- Water Sewer Expense $484
- New Taxes Expense $22,998
- Operating Expense $54,657
- Gross Income $177,120
- Net Operating Income $113,607
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/04/2025 04/04/25 | Sold | $1,891,450 | -7.7% | $282 / Sq Ft |
| 01/29/2025 01/29/25 | Pending | -- | -- | -- |
| 12/19/2024 12/19/24 | For Sale | $2,050,000 | 0.0% | $306 / Sq Ft |
| 04/08/2024 04/08/24 | Rented | $1,695 | 0.0% | -- |
| 04/05/2024 04/05/24 | Under Contract | -- | -- | -- |
| 03/14/2024 03/14/24 | For Rent | $1,695 | +21.5% | -- |
| 05/13/2019 05/13/19 | Rented | $1,395 | 0.0% | -- |
| 05/02/2019 05/02/19 | Price Changed | $1,395 | -6.7% | $1 / Sq Ft |
| 04/17/2019 04/17/19 | For Rent | $1,495 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV24251686
APN: 179-320-045
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
- 5154 34th St
- 3591 Crestmore Rd
- 3825 Crestmore Rd Unit 450
- 3825 Crestmore Rd Unit 412
- 4688 Ladera Ln
- 5479 34th St Unit 2
- 3883 Wallace St
- 0 Indian Hill Rd Unit RS25063667
- 0 Beacon Way
- 3620 Mount Rubidoux Dr
- 4574 Mission Inn Ave
- 5102 Sierra Cross Way
- 4645 Circle Lazy j Rd
- 4495 Mission Inn Ave
- 4478 4th St
- 4465 5th St
- 4249 Miramonte Place
- 4254 Miramonte Place
- 4258 Hidatsa St
- 3857 Pine St