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$675,000
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Property Description
BACK ON THE MARKET!!! NEW AGGRESSIVE PRICING TO GET US BACK IN ESCROW.
Exceptional Riverside INCOME PRODUCING, (Duel Unit/ADU) with Extensive Expansion Potential - Just 1.3 Miles from UCR! Whether you're a savvy investor, a first-time home buyer, or someone looking for a smart multi-generational living solution, this versatile 4-bedroom, 2-bathroom(3/1 & 1/1) duel unit/multi family with TONS of parking is a rare gem in the heart of Riverside. Perfectly positioned just 3 miles from the University of California, Riverside, this property offers both convenience and long-term value. Each unit features bright, spacious interiors, modern and updated kitchens and baths, and a flexible layout ideal for families, roommates, or renters. The main house is also equipt with a standing space cellar under the home as well as a beautiful covered porch for those warm summer nights. The lush, beautifully maintained individual yards create a private outdoor oasis for both units providing ample family space for both properties, while the secure perimeter fence provides added safety and peace of mind for residents, children, and pets alike. Investors, take note: This property is fully approved for a third unit, and the foundation has already been poured-saving you time, money, and red tape. The property also has a large 2 car garage that also could potentially be converted into a 4th unit. Expand your portfolio, stack your doors or create additional living space for the In-Laws with ease. Dont miss this special opportunity Located near schools, shopping, dining, and major freeways, this is a prime Riverside location with strong rental demand and future growth potential. Live in one, rent the other, or build out your investment vision-this property is ready for your next move.
Full Property Details
Full Property Details for 3352 Franklin Ave
General
- Sold For: $675,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: CV25111928
- Added to Site: 242 day(s) ago
Interior
- Rooms/Areas: Dressing Area, Entry, Family Room, Kitchen, Laundry, Primary Bedroom
- Interior Features: Built-in Features, Granite Counters
- Fireplace(s): None
- Appliances: Convection Oven
- Flooring: Laminate
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 2
- Parking Features: Assigned, Driveway, Paved
- Parking: Assigned, Driveway, Paved
Location
- Area: 252 - Riverside
- County: Riverside
- Development Name: 252 - Riverside
- Driving Directions: Between 3rd and 4th (1 mile to UCR)
Heating & Cooling
- Cooling Type: ENERGY STAR Qualified Equipment
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 2
- # Electric Meters: 2
Structural Information
- Roof: Shingle
- Entry Location: door
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 2,004
- Year Built: 1915
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: Guesthouse
Lot Features
- Property View: City Lights
- Lot Size (Acres): 0.28
- Lot Size Source: Assessor
- Zoning: R1065
- Lot Description: Front Yard, Garden, Landscaped, Lawn, Level with Street, Park Nearby, Yard
Financial Considerations
- Price Per Sq. Ft.: $336.83
- Price Per Unit: 342500
Listed by Re/Max Freedom, Travis Arsenault
Sold by Century 21 Citrus Realty Inc, Mireya Chavarria
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Schools
Schools serving 3352 Franklin Ave
School District:Riverside Unified School District
| Name | Grades | Distance |
|---|---|---|
Longfellow Elementary School, Riverside, CA 3610 Eucalyptus Avenue, Riverside, CA 92507 | K-6 | 0.3 mi |
University Heights Middle School 1155 Massachusetts Avenue, Riverside, CA 92507 | 7-8 | 1.3 mi |
John W. North High School 1550 3rd Street, Riverside, CA 92507 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3352 Franklin Ave
Date
Details
Price
Change
Source
12/12/2025
Sold
$675,000
-1.46%
MLS
10/09/2025
Price Reduced
$685,000
-6.16%
MLS
8/27/2025
Price Reduced
$729,999
-5.81%
MLS
8/06/2025
Price Reduced
$774,999
-2.52%
MLS
7/29/2025
Price Reduced
$794,998
—
MLS
6/27/2025
Listed
$794,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3352 Franklin Avenue, Riverside, CA 92507 (MLS# CV25111928) is a Multi-Family property that was sold at $675,000 on December 12, 2025. Want to learn more about 3352 Franklin Avenue? Do you have questions about finding other Multi-Family real estate for sale in Riverside? You can browse all Riverside real estate or contact a Coldwell Banker agent to request more information.

