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 !
New construction
Listing Provided by: INLAND CITIES REALTY
$1,350,000
3460 Washington St, Riverside, CA 92504
6beds
5baths
2,660sqft
Est.:
Quadruplex
Built in 2026
-- sqft lot
$1,350,000 Zestimate®
$508/sqft
$-- HOA
What's special
New water heaterNew roofNew stuccoNew painting throughoutLuxury vinyl flooringBlack accent finishes throughoutQuartz counter tops
- 4 days |
- 297 |
- 7 |
Zillow last checked:
Listing updated:
Listing Provided by:
ROBIN RICHARD DRE #01194371 951-642-3642,
INLAND CITIES REALTY
Source: CRMLS,MLS#: IV26101972
Originating MLS: California Regional MLS
Tour with a local agent
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 Square Feet
- 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 & HOA
Community
- Features: Urban
Location
- Region: Riverside
Financial & listing details
- Price per square foot: $508/sqft
- Tax assessed value: $122,070
- Annual tax amount: $1,421
- Date on market: 5/11/2026
- Cumulative days on market: 5 days
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
- Tenant pays: Electricity, Gas, Sewer, Trash Collection
Estimated market value
$1,350,000
$1.28M - $1.42M
$2,265/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/11/2026 | Listed for sale | $1,350,000+137.3%$508/sqft |
Source: | ||
| 10/22/2025 | Sold | $569,000-0.2%$214/sqft |
Source: | ||
| 9/18/2025 | Pending sale | $569,900$214/sqft |
Source: | ||
| 8/11/2025 | Price change | $569,900-3.2%$214/sqft |
Source: | ||
| 7/25/2025 | Listed for sale | $589,000$221/sqft |
Source: | ||
| 8/18/2019 | Listing removed | $1,495$1/sqft |
Source: MISSION PROPERTY MANAGEMENT & SALES, INC. Report a problem | ||
| 8/13/2019 | Listed for rent | $1,495$1/sqft |
Source: MISSION PROPERTY MANAGEMENT & SALES, INC. Report a problem | ||
| 11/28/2018 | Listing removed | $1,495$1/sqft |
Source: MISSION PROPERTY MANAGEMENT & SALES, INC. Report a problem | ||
| 11/15/2018 | Listed for rent | $1,495$1/sqft |
Source: MISSION PROPERTY MANAGEMENT & SALES, INC. Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | $79,445 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Magnolia Center
Getting around
35 / 100
Some TransitNearby schools
GreatSchools rating
- 6/10Madison Elementary SchoolGrades: K-6Distance: 0.5 mi
- 4/10Sierra Middle SchoolGrades: 7-8Distance: 1.1 mi
- 5/10Ramona High SchoolGrades: 9-12Distance: 0.8 mi
A local agent can set up tours, give advice and negotiate with sellers.
Local buyer's agents are ready to help
- California
- Riverside County
- Riverside
- 92504
- Magnolia Center
- 3460 Washington St





