This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/53
$940,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/53
Property Description
2 HOMES ON 1 LOT! Welcome to this exceptional Riverside property offering the perfect blend of comfort, flexibility, and modern upgrades! Living area square footage is a combination of both homes. 1584 sq ft for the main house and 800 sq ft for the additional home. Secondary unit is fully permitted.
The main house is 1584 sq ft with 3 bedrooms 2 baths and is a beautifully maintained single-family residence that features a fully remodeled kitchen with stylish finishes, updated cabinetry, and contemporary touches that make it ideal for both everyday living and entertaining. Step outside to your private backyard oasis complete with a sparkling pool, perfect for enjoying sunny Southern California days.
Adding incredible value and versatility, the property also includes a secondary unit is 800 sq ft with 2 bedrooms and 2 baths-ideal for extended family, guests, rental income, or a private home office setup. RV parking provides added convenience with plenty of space for your toys, trailers, or extra vehicles.
Located in a desirable Riverside neighborhood with no HOA, this home offers freedom and flexibility while being just minutes from shopping, dining, schools, and major commuter routes. Whether you're looking for a multi-generational living opportunity or an investment-friendly property, this home checks all the boxes.
Don't miss the opportunity to own this move-in-ready Riverside gem!
Full Property Details
Full Property Details for 3540 Nelson
General
- Price: $940,000
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: IV26120423
- Updated: 6/8/2026
- Days on Market: 10 days
- Added to Site: 10 day(s) ago
Interior
- Rooms/Areas: Sauna, Primary Bedroom, Laundry, Guest/Maid's Quarters, All Bedrooms Down, Main Floor Primary Bedroom, Kitchen, Living Room, Main Floor Bedroom, Primary Bathroom
- Interior Features: Recessed Lighting, Open Floorplan, Granite Counters
- Fireplace(s): Wood Burning, Family Room
- Appliances: Gas Cooktop, Water Heater, Microwave, Gas Range, Gas Oven, Dishwasher
Rooms
Other Rooms
- Laundry: Gas Dryer Hookup, In Closet, In Kitchen, Dryer Included
Additional Information
- Pool Description: In-Ground, Private
Parking
- Garage Spaces: 2
Location
- Area: 252 - Riverside
- County: Riverside
- Development Name: 252 - Riverside
- Driving Directions: Major cross streets are Arlington/Riverside/ Central
Heating & Cooling
- Cooling Type: Gas, Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Entry Location: Main
- Stories/Levels: One
- Stories Description: One
- Square Feet: 2,384
- Year Built: 1952
Unit Information
Unit 1
- Number of Units: 2
- Bedrooms: 5
Lot Features
- Lot Size (Acres): 0.32
- Lot Size (Sq. Ft.): 13,939
- Lot Size Source: Assessor
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $394.3
- Price Per Unit: 470000
Listed by National Realty Group, JENNIFER MARTEL
Get Pre-Approved Today
Schools
Schools serving 3540 Nelson
School District:Riverside Unified School District
| Name | Grades | Distance |
|---|---|---|
Pachappa Elementary School 6200 Riverside Avenue, Riverside, CA 92506 | K-6 | 0.5 mi |
Central Middle School 4795 Magnolia Avenue, Riverside, CA 92506 | 7-8 | 1.5 mi |
Polytechnic High School, Riverside, CA 5450 Victoria Avenue, Riverside, CA 92506 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3540 Nelson
Date
Details
Price
Change
Source
6/02/2026
Listed
$940,000
126.51%
MLS
10/23/2019
Sold
$415,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3540 Nelson
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,347
—
$572,179
2%
2024
$4,347
39%
$560,961
29%
2023
$3,124
-1%
$436,237
2%
2022
$3,155
1%
$427,684
2%
2021
$3,116
—
$419,299
1%
2020
$3,123
26%
$415,000
87%
2019
$2,484
2%
$221,512
2%
2018
$2,435
2%
$217,169
2%
2017
$2,391
7%
$212,911
2%
2016
$2,238
1%
$208,737
2%
2015
$2,205
1%
$205,603
2%
2014
$2,183
1%
$201,577
—
2013
$2,172
—
$200,668
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3540 Nelson
3540 Nelson, Riverside, CA 92506 (MLS# IV26120423) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 3540 Nelson is currently listed for $940,000 and was received on June 02, 2026. Want to learn more about 3540 Nelson? 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.

