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$970,000
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Property Description
EXCEPTIONAL INVESTMENT OPPORTUNITY IN DOWNTOWN RIVERSIDE'S HISTORICAL DISTRICT!
Located just moments from iconic MISSION INN HOTEL & SPA, this well situated 6-UNIT property offers charm, conveniance, and strong rental appeal in one of Riverside'most desirable areas. The Unit Mix includes:TWO 2-BEDROOM/1-BATH UNITS & FOUR STUDIO UNITS Situated in the heart of Downtown Riveside Tenants enjoy close proximity to shopping, dining, entertainments, and appriciate easy access to the 91, 60 and 15 Freeways.
Whether you are looking to expand your portfolio or secure a prime Multi-Unit property in a historic and high-demand location, this is an Outstanding Opportunity.
Full Property Details
Full Property Details for 3848 Locust
General
- Sold For: $970,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: SW26176331
- Added to Site: 183 day(s) ago
Rooms
Other Rooms
- Laundry: None
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 4
Location
- Area: 252 - Riverside
- County: Riverside
- Development Name: 252 - Riverside
- Driving Directions: off the 91 fwy east, turn left and follow to Locust on cul-de-sac
Utilities
- Sewer: Public Sewer
Structural Information
- Entry Location: Front
- Square Feet: 7,100
- Year Built: 1971
Unit Information
Unit 1
- Number of Units: 2
- Bedrooms: 2
Unit 2
- Number of Units: 4
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.2089
- Lot Size Source: Appraiser
- Lot Description: 6-10 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $136.62
- Price Per Unit: 165000
Listed by CENTURY 21 Affiliated, Ardavan Mofid
Sold by Pacific Avenue Realty, Prashant Sampat
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Schools
Schools serving 3848 Locust
School District:Riverside Unified School District
| Name | Grades | Distance |
|---|---|---|
Bryant Elementary School, Riverside, CA 4324 3rd Street, Riverside, CA 92501 | K-6 | 0.4 mi |
Central Middle School 4795 Magnolia Avenue, Riverside, CA 92506 | 7-8 | 0.9 mi |
Polytechnic High School, Riverside, CA 5450 Victoria Avenue, Riverside, CA 92506 | 9-12 | 2.3 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 3848 Locust
Date
Details
Price
Change
Source
8/07/2026
Sold
$970,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3848 Locust, Riverside, CA 92501 (MLS# SW26176331) is a Multi-Family property that was sold at $970,000 on August 07, 2026. Want to learn more about 3848 Locust? 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.

