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Sold for $1,200,000 on 06/20/25
  • Listing Provided by: 

    ROBIN RICHARD DRE #01194371 951-642-3642,

    INLAND CITIES REALTY

    $1,200,000

    3577 McKinley St, Riverside, CA 92506

    13beds
    11baths
    2,708sqft
    Triplex
    Built in 2025
    -- sqft lot
    $1,200,100 Zestimate®
    $443/sqft
    $2,953 Estimated rent

    What's special

    WE HAVE ANOTHER ONE BRAND NEW INCREDIBLE 3 UNIT 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 3 units. 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 renovations. It's very difficult to find an income property that is as nice as this one, no one is building them anymore. Live in the main house and rent out the back 2 units to pay the mortgage. Or Airbnb one, two, or all three. There are no recorded covenants or restrictions from the city on this property. ***The main house consists of 3 bedrooms and 1 bathroom, very spacious with a remolded kitchen, remolded bathroom, new interior paint, new luxury vinyl waterproof flooring throughout, new recessed lighting, beautiful quartz counter tops, white shaker cabinets, big picture window in the main living area, new exterior stucco, new hvac, new exterior landscaping. ***The 2 additional units in the back are approximately 800 sq ft each and are Brand New Construction. Each has their own private entrance, separate utilities, separate address, separate parking and totally detached and separate from each other. Each unit has 2 bedrooms and two bathrooms. (Yes 2 bathrooms!) They both have beautiful white shaker cabinets, quartz counter tops, black accent finishes throughout, luxury vinyl waterproof flooring, a/c and heating system, low energy dual pane vinyl windows, new appliances, ceiling fans, and separate room for washer/dryer hookups. 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. You can't find these types of upgrades in any of the units that are being sold today. All units are separately metered and permitted. The owner only pays water. Riverside is thriving, close to Downtown Riverside, UCR, Riverside Community Hospital, Riverside Community College, Riverside Shopping Plaza. This property is truly a rarity and a gem and will not last because it is simply One of a Kind !

    Zillow last checked: 7 hours ago

    Listing updated: June 22, 2025 at 03:09pm

    Listing Provided by:

    ROBIN RICHARD DRE #01194371 951-642-3642,

    INLAND CITIES REALTY

    Bought with:

    Joelle Kfoury, DRE #02237707

    CENTURY 21 KING

    Source: CRMLS,MLS#: IV25074030MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 13
    • Bathrooms: 11
    Heating
    • Central
    Appliances
    • Included: Electric Range, Microwave
    • Laundry: Laundry Room
    Features
    • Flooring: Vinyl
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,708
    • Total interior livable area: 2,708 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Entry location: first level
    • Pool features: None
    Lot
    • Size: 7,405 sqft
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 229032010
    • Zoning: R1065
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Condition
    • New construction: No
    • Year built: 2025

    Utilities & green energy

    • Electric: 220 Volts
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Water Connected

    Community & neighborhood

    Community
    • Community features: Suburban
    Location
    • Region: Riverside

    Other

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

    $1,200,100

    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

    $1,200,100