3717 Roosevelt Street presents a well-located 3+1 multifamily opportunity in one of Riverside’s most stable residential corridors. The property consists of three 2-bed/1-bath units plus an additional non-conforming 2-bed/1-bath unit, offering an attractive unit mix and strong income potential. Current rents remain below market, providing a clear path to upside through standard turnover and light interior improvements, with pro forma gross income projected at $100,800 annually. Operating costs are lean, and the 1960s construction profile supports efficient, predictable management with minimal deferred maintenance concerns. Positioned near major employment centers, retail hubs, and key transportation routes, the asset delivers a compelling blend of stability, cash-flow growth, and long-term appreciation—making it an ideal acquisition for investors seeking well-located, manageable multifamily in the heart of Riverside.
2,764 Sq Ft
0.21 Private Acres Lot Size
Apartment
Built in 1966
MLS/Listing ID IV25274666
1 Stories
4 Units
Lot - Backyard
Community - Suburban
Community - Street Lights
Community - Curbs
Cooling - Wall/window unit(s)
Heating - Wall Furnace
Washer Hookup
Gas Dryer Hookup
Lot - Landscaped
Lot - Front Yard

TOTAL MONTHLY COST
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