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Sold for $1,350,000
  • Listing Provided by: INLAND CITIES REALTY
    Bought with: First Team Real Estate
    $1,350,000

    3460 Washington St, Riverside, CA 92504

    6beds
    5baths
    2,660sqft
    Quadruplex
    Built in 2026
    -- sqft lot
    $1,340,700 Zestimate®
    $508/sqft
    $2,484 Estimated rent

    Home value

    $1,340,700

    $1.27M - $1.41M

    $2,484/mo

    Zestimate® history
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    What's special

    New water heaterNew roofNew stuccoNew painting throughoutLuxury vinyl flooringBlack accent finishes throughoutQuartz counter tops
    INCREDIBLE 4 UNIT GARDEN STYLE PROPERTY ! If you are looking for a beautiful investment property, then this one is for you. This is a once in a lifetime opportunity to buy units that are new construction. Riverside is a Pro Housing city and a great place to invest in multi-family, we love landlords here. You can 1031 exchange yourself out of your current headache in Los Angeles and invest in a city that welcomes new growth and opportunity. All units are vacant. Set your own market rents. Close escrow and rent them out immediately, no work to be done. Most investment properties on the market are old and are in need of major repair with illegal units. There is no deferred maintenance on this property. There are no recorded covenants or restrictions from the city on this property. You can AirBNB or run it as a different business. This property is located on an expansive lot with beautiful trees and manicured lawn. **The main house in the front is the original home but re-imaged with new kitchen with which shaker cabinets, quartz counter tops, remolded bathroom, luxury vinyl flooring, new ducted mini-split a/c and heating system, new water heater, new roof, new stucco, new painting throughout and very spacious, consisting of 2 bedrooms and 1 bathrooms. (Pics of the front unit coming soon). The front yard has been re-soded with fresh St. Augustine grass. The other 3 units are Brand New Construction, all electric and Solar ready. They consist of the same beautiful white shaker cabinets, quartz counter tops, luxury vinyl flooring, and all appliances except the refrigerators, black accent finishes throughout, ceiling fans, and separate room for washer/dryer hookups in each unit. This garden style apartment complex is truly something special and rare as you will not find anything compatible on the market today. These homes were built with 2x6 construction something not heard of in California, your tenants will appreciate having lower utility bills due to the extra thick insulated walls, insulated ceilings and roofs. One of the two bedroom units offer EV charging which is a true up sale to your potential tenant. You can't find these types of upgrades in any of the units that are being sold today. The owner only pays water. Tenants pay electric, gas, trash, sewer. Riverside is thriving, close to Downtown Riverside, UCR, RCC, Hospitals, Tyler Mall, 91/15 fwys. This property is truly a rarity and a gem and will not last because it is simply One of a Kind !

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    ROBIN RICHARD DRE #01194371 951-642-3642,

    INLAND CITIES REALTY

    Bought with:

    JONATHAN KHAW, DRE #01975871

    First Team Real Estate

    Source: CRMLS,MLS#: IV26101972MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Electric Range, Gas Range, Microwave, Water Heater
    • Laundry: Laundry Room
    Features
    • Flooring: Vinyl
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 2,660
    • Total interior livable area: 2,660 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: None
    • Uncovered spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Front
    • Pool features: None
    • Fencing: Wood
    Lot
    • Size: 7,841 sqft
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 230192006
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Materials
    • Roof: Asphalt
    Condition
    • New construction: Yes
    • Year built: 2026

    Utilities & green energy

    • Electric: 220 Volts in Kitchen, 220 Volts in Laundry
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Natural Gas Available

    Community & neighborhood

    Community
    • Community features: Urban
    Location
    • Region: Riverside

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange

    Price history

    DateEventPrice
    6/29/2026Sold$1,350,000$508/sqft
    Source: CRMLS #IV26101972 Report a problem
    5/22/2026Pending sale$1,350,000$508/sqft
    Source: CRMLS #IV26101972 Report a problem
    5/11/2026Listed for sale$1,350,000+137.3%$508/sqft
    Source: CRMLS #IV26101972 Report a problem
    10/22/2025Sold$569,000-0.2%$214/sqft
    Source: CRMLS #IV25167119 Report a problem
    9/18/2025Pending sale$569,900$214/sqft
    Source: CRMLS #IV25167119 Report a problem
    8/11/2025Price change$569,900-3.2%$214/sqft
    Source: CRMLS #IV25167119 Report a problem
    7/25/2025Listed for sale$589,000$221/sqft
    Source: CRMLS #IV25167119 Report a problem
    8/18/2019Listing removed$1,495$1/sqft
    Source: MISSION PROPERTY MANAGEMENT & SALES, INC. Report a problem
    8/13/2019Listed for rent$1,495$1/sqft
    Source: MISSION PROPERTY MANAGEMENT & SALES, INC. Report a problem
    11/28/2018Listing removed$1,495$1/sqft
    Source: MISSION PROPERTY MANAGEMENT & SALES, INC. Report a problem
    11/15/2018Listed for rent$1,495$1/sqft
    Source: MISSION PROPERTY MANAGEMENT & SALES, INC. Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,421 +3.3%$122,070 +2%
    2024$1,376 +0.4%$119,677 +2%
    2023$1,370 +1.8%$117,332 +2%
    2022$1,346 +0.2%$115,033 +2%
    2021$1,343 +0.7%$112,778 +1%
    2020$1,333 +1.8%$111,622 +2%
    2019$1,309 +1.9%$109,434 +2%
    2018$1,284 +1.7%$107,289 +2%
    2017$1,262 $105,186 +2%
    2016$1,262 +8.1%$103,125 +1.5%
    2015$1,168 +1%$101,578 +2%
    2014$1,156 $99,590 +0.5%
    2013-- $99,142 +2%
    2012-- $97,199 +2%
    2011-- $95,294 +0.8%
    2010-- $94,584 -0.2%
    2009-- $94,810 +2%
    2008-- $92,952 +2%
    2007-- $91,130 +2%
    2006-- $89,344 +2%
    2005-- $87,593 +3.9%
    2003-- $84,304 +2%
    2002-- $82,652 +2%
    2001$864 +1.8%$81,032 +2%
    2000$849 $79,445

    Find assessor info on the county website

    Neighborhood: Magnolia Center

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,340,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,340,700