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New construction
  • Listing Provided by: INLAND CITIES REALTY
    $1,350,000

    3460 Washington St, Riverside, CA 92504

    6beds
    5baths
    2,660sqft
    : 
    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
    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 !
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    Zillow last checked:

    Listing updated:

    Listing Provided by:

    ROBIN RICHARD DRE #01194371 951-642-3642,

    INLAND CITIES REALTY

    Source: CRMLS,MLS#: IV26101972MLS LogoOriginating 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
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        Estimated market value

        $1,350,000

        $1.28M - $1.42M

        $2,265/mo

        Price history

        DateEventPrice
        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

        Monthly payment

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          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.
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          Climate risks

          Neighborhood: Magnolia Center

          Getting around

          35 / 100
          Some Transit

          Nearby schools

          GreatSchools rating

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