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$948,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 2 hours ago
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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.

Full Property Details for 3633 Kansas Ave

General

  • Price: $948,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: P1-26538
  • Updated: Today (4/4/2026)
  • Added to Site: Today

Interior

  • Rooms/Areas: Entry, Laundry, Living Room, Main Floor Bedroom, Family Room
  • Interior Features: Ceiling Fan(s), Storage, Tile Counters
  • Fireplace(s): Gas
  • Appliances: Water Heater, Microwave, Refrigerator, Gas & Electric Range
  • Flooring: Carpet, Laminate

Additional Information

  • Pool Description: None
  • Spa Description: None

Parking

  • Garage Spaces: 2
  • Parking Features: Garage, Driveway, Street
  • Parking: Garage, Driveway, Street

Location

  • Area: 252 - Riverside
  • County: Riverside
  • Development Name: 252 - Riverside
  • Driving Directions: From the 91 Freeway, exit Adams St and head south. Turn left onto Indiana Ave, then right onto Monroe St. Continue and turn left onto Kansas Ave. Property will be on the right at 3633 Kansas Ave.
  • Direction Faces: East

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Fireplace(s)

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 3
  • # Electric Meters: 3

Structural Information

  • Architectural Style: Craftsman, Modern
  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • Entry Location: YES
  • Stories/Levels: Two
  • Stories Description: Two
  • Year Built: 1907

Unit Information

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Bedrooms: 2

Unit 4

  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Property View: None
  • Lot Size (Acres): 0.33
  • Lot Size (Sq. Ft.): 14,374.8
  • Lot Size Source: Public Records
  • Lot Description: Landscaped, 0-1 Unit/Acre, Near Public Transit, Rocks, Back Yard, Yard

Disclosures and Reports

  • Inclusions: City approved ADU plans! Appliances included.

Listed by Douglas Elliman of Ca Inc, Meha Chopra

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Listing agent

— 3633 Kansas Ave —

  • Meha Chopra

    Douglas Elliman of Ca Inc

(818) 669-6024

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 3633 Kansas Ave

School District:Riverside Unified School District
NameGradesDistance
Longfellow Elementary School, Riverside, CA
3610 Eucalyptus Avenue, Riverside, CA 92507
K-60.1 mi
University Heights Middle School
1155 Massachusetts Avenue, Riverside, CA 92507
7-81.4 mi
John W. North High School
1550 3rd Street, Riverside, CA 92507
9-120.8 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 3633 Kansas Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/04/2026
Listed
$948,000
51.68%
MLS
6/07/2022
Sold
$625,000
—
Public Record
Get Price Alerts and Save Property
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 for 3633 Kansas Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,201
3%
$552,451
2%
2024
$5,997
—
$541,620
2%
2023
$5,971
27%
$531,000
28%
2022
$4,686
245%
$415,000
265%
2021
$1,357
1%
$113,785
1%
2020
$1,347
2%
$112,619
2%
2019
$1,323
2%
$110,412
2%
2018
$1,298
2%
$108,248
2%
2017
$1,276
7%
$106,127
2%
2016
$1,198
1%
$104,047
2%
2015
$1,181
1%
$102,486
2%
2014
$1,169
1%
$100,481
—
2013
$1,158
—
$100,029
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Douglas Elliman of Ca Inc, Meha Chopra

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3633 Kansas Avenue, Riverside, CA 92507 (MLS# P1-26538) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 3633 Kansas Avenue is currently listed for $948,000 and was received on April 04, 2026. Want to learn more about 3633 Kansas 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.

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