RARE triplex investor opportunity in the heart of Riverside featuring strong in-place income and significant value-add potential. The property generates approximately $64,704 in current annual income, with projected upside of approximately $21,000 annually through a city-approved ADU plan, bringing total projected income to approximately $85,704 per year. Situated on two contiguous parcels totaling approximately 0.33 acres!The property has undergone extensive recent improvements, including a new roof, full unit rehabs completed in 2023, fresh exterior and interior paint, and completed termite work, offering a low-maintenance investment profile.Included with the sale are architect-prepared, city-approved plans for an ADU utilizing an existing detached garage, providing a lower-cost path to adding a fourth unit and increasing future income (buyer to verify).The property consists of three units with functional layouts, ample on-site parking, and one detached garage assigned to the larger unit. Tenants currently pay gas, electricity, and trash, while owner expenses are limited to water and landscaping, supporting favorable operating margins.Centrally located near University of California Riverside, Riverside City College, and major freeways (60, 91, 215).Ideal for investors seeking immediate cash flow with minimal deferred maintenance and clear upside through ADU development.Drive-by only. Please do not disturb tenants. Interior inspection subject to accepted offer.
For sale
Listing Provided by: Douglas Elliman of Ca Inc
$948,000
3633 Kansas Ave, Riverside, CA 92507
7beds
4baths
--sqft
Est.:
Triplex
Built in 1907
-- sqft lot
$931,000 Zestimate®
$--/sqft
$-- HOA
What's special
Functional layoutsNew roofAmple on-site parking
- 11 days |
- 431 |
- 26 |
Zillow last checked:
Listing updated:
Listing Provided by:
Meha Chopra DRE #02187521 (818)669-6024,
Douglas Elliman of Ca Inc
Source: CRMLS,MLS#: P1-26538
Originating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)
Originating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Rooms
- Room types: Bedroom, Entry/Foyer, Family Room, Laundry, Living Room
Bedroom
- Features: Bedroom on Main Level
Heating
- Fireplace(s)
Cooling
- None
Appliances
- Included: Electric Range, Gas Range, Microwave, Refrigerator, Water Heater
Features
- Ceiling Fan(s), Storage, Tile Counters, Bedroom on Main Level
- Flooring: Carpet, Laminate
- Has fireplace: Yes
- Fireplace features: Gas
- Common walls with other units/homes: 1 Common Wall
Property
Parking
- Total spaces: 8
- Parking features: Driveway, Garage, On Street
- Garage spaces: 2
Accessibility
- Accessibility features: Parking, Accessible Doors
Features
- Levels: Two
- Stories: 2
- Entry location: YES
- Pool features: None
- Spa features: None
- Fencing: Good Condition,Wire
- Has view: Yes
- View description: None
Lot
- Size: 0.33 Acres
- Features: 0-1 Unit/Acre, Back Yard, Landscaped, Near Public Transit, Rocks, Yard
Details
- Additional parcels included: 211104017Additional parcel included, providing expanded land area and added potential for future use or development of city approved ADU.
- Parcel number: 211104018
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Craftsman,Modern
- Property subtype: Triplex
- Attached to another structure: Yes
Materials
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- Updated/Remodeled,Turnkey
- New construction: No
- Year built: 1907
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks
- Security: Carbon Monoxide Detector(s), Smoke Detector(s), Security Lights
- Subdivision: Not Applicable
Location
- Region: Riverside
Financial & listing details
- Tax assessed value: $552,451
- Annual tax amount: $6,201
- Date on market: 4/4/2026
- Cumulative days on market: 12 days
- Listing terms: Cash,Conventional,1031 Exchange
- Inclusions: City approved ADU plans! Appliances included.
Estimated market value
$931,000
$884,000 - $978,000
$2,151/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/4/2026 | Listed for sale | $948,000+45.8% |
Source:  CRMLS #P1-26538 Report a problem | ||
| 12/20/2022 | Listing removed | -- |
Source:  Berkshire Hathaway HomeServices CA Properties Report a problem | ||
| 12/2/2022 | Pending sale | $650,000 |
Source: Berkshire Hathaway HomeServices CA Properties #CV22069091 Report a problem | ||
| 12/2/2022 | Contingent | $650,000 |
Source: CRMLS #CV22069091 Report a problem | ||
| 11/4/2022 | Listed for sale | $650,000-11% |
Source: Berkshire Hathaway HomeServices CA Properties #CV22069091 Report a problem | ||
| 9/29/2022 | Listing removed | -- |
Source: BHHS broker feed Report a problem | ||
| 9/16/2022 | Pending sale | $730,000 |
Source: BHHS broker feed #CV22069091 Report a problem | ||
| 8/4/2022 | Price change | $730,000-5.8% |
Source: Berkshire Hathaway HomeServices CA Properties #CV22069091 Report a problem | ||
| 5/24/2022 | Pending sale | $775,000 |
Source: Berkshire Hathaway HomeServices CA Properties #CV22069091 Report a problem | ||
| 4/9/2022 | Listed for sale | $775,000 |
Source: Berkshire Hathaway HomeServices CA Properties #CV22069091 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,201 +3.4% | $552,451 +2% |
| 2024 | $5,997 +0.4% | $541,620 +2% |
| 2023 | $5,971 +27.4% | $531,000 +28% |
| 2022 | $4,686 +245.3% | $415,000 +264.7% |
| 2021 | $1,357 +0.7% | $113,785 +1% |
| 2020 | $1,347 +1.8% | $112,619 +2% |
| 2019 | $1,323 +1.9% | $110,412 +2% |
| 2018 | $1,298 +1.7% | $108,248 +2% |
| 2017 | $1,276 | $106,127 +2% |
| 2016 | $1,276 +8.1% | $104,047 +1.5% |
| 2015 | $1,181 +1% | $102,486 +2% |
| 2014 | $1,169 | $100,481 +0.5% |
| 2013 | -- | $100,029 +2% |
| 2012 | -- | $98,069 +2% |
| 2011 | -- | $96,147 +0.8% |
| 2010 | -- | $95,430 -0.2% |
| 2009 | -- | $95,659 +2% |
| 2008 | -- | $93,784 +2% |
| 2007 | -- | $91,946 +2% |
| 2006 | -- | $90,144 +2% |
| 2005 | -- | $88,378 +3.9% |
| 2003 | -- | $85,060 +2% |
| 2002 | -- | $83,393 +2% |
| 2001 | $871 +1.8% | $81,759 +2% |
| 2000 | $856 | $80,157 |
Find assessor info on the county website
Monthly payment
Est. payment
$5,509/mo
Principal & interest
$4585
Property taxes
$924
More affordability tools
Climate risks
Neighborhood: Eastside
Nearby schools
GreatSchools rating
- 1/10Longfellow Elementary SchoolGrades: K-6Distance: 0.1 mi
- 5/10University Heights Middle SchoolGrades: 7-8Distance: 1.4 mi
- 5/10John W. North High SchoolGrades: 9-12Distance: 0.8 mi
A local agent can set up tours, give advice and negotiate with sellers.
- California
- Riverside County
- Riverside
- 92507
- Eastside
- 3633 Kansas Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
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