4152 Locust Street, Riverside, CA

$825,000

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3

Beds

3

Baths

2,103

Square feet

0.17

Acres

About 4152 Locust Street

This unique property presents an incredible opportunity with three homes on one lot, each featuring its own garage, private laundry hookups, backyard, parking space, and separate gas and electric meters, making utility payments straightforward for all residents. This versatile property is perfect for multigenerational living, allowing families to stay close while enjoying their independenceideal for parents, adult children, and grandparents to live together yet separately, potentially saving on childcare and elder care expenses.Additionally, this property offers excellent income-generating potential: live in one home and rent out the other two to create a steady income stream and help offset your mortgage. All three homes can be rented out individually, ensuring that each tenant has control over their own utilities. For investors, this property is also perfect as a vacation rental, attracting large groups and families seeking private yet connected accommodations. Its prime location near four colleges, downtown Riverside, and within an hour's drive of Disneyland, Knott's Berry Farm, and multiple beaches makes it highly desirable for short-term stays. Moreover, the layout allows for a home office, creative studio, or workspace while still providing rental income from the other homes. With endless possibilities, this property is also suited for a group home, assisted living facility, or corporate housing, offering executives comfortable and private living arrangements. With such a wide range of options, this property caters to buyers looking for privacy, flexibility, and incom

Features of 4152 Locust Street

MLS® # IG24203293
Price $825,000
Bedrooms 3
Bathrooms 3.00
Full Baths 3
Square Footage 2,103
Acres 0.17
Year Built 1924
Type Residential
Sub-Type All Other Attached
Status Closed

Community Information

Address 4152 Locust Street
City Riverside
County Riverside
State CA
Zip Code 92501

Amenities

Parking Spaces 3
# of Garages 3
View Neighborhood
Is Waterfront No
Has Pool No
Pool N/K

Interior

Heating Forced Air Unit
Cooling Wall/Window
Fireplace No
Fireplaces N/K
# of Stories 1
Stories 1 Story

Exterior

Lot Description Sidewalks

Additional Information

Date Listed October 1st, 2024
Days on Market 17
Zoning R1065
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRe/Max Partners

Listing Map

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