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2029 Patterson Street

Riverside, CA 92507

– beds
– baths
– sqft
13,068 sqft lot
1916 build
– on site

Welcome to 2029 Patternson Street, an exceptional triplex investment opportunity situated on a 13,068 sq ft lot. A newly constructed ADU, completed in 2024, offers 1,199 sq ft of living space, including 3 bedrooms, 2.5 bathrooms, a 2-car garage, and separate utilities, with a projected rental income of $3,400 per month. The front two units provide a total of 1,762 sq ft of living space. The downstairs unit consists of approx. 1,162 and offers 3 bedrooms, 2 bathrooms, in-unit laundry, and is currently rented on a month-to-month basis for $2,700. The upstairs unit is a 1-bedroom, 1-bathroom unit, approx. 600 Sq. ft. also rented month-to-month for $1,750. Both front units share utilities. The property features a newly paved driveway and a brand-new sliding gate, providing additional privacy and security.

Listed By CRMLS_CA / Aaron Khosh / Berkshire Hathaway HomeService / 949-554-4155

Last checked: Checking… • Last updated Oct 16, 2024 •

MLS# NP24212367 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1916
Year Built Source:

Assessor
New Construction:

No
Roof:

Composition
Entry Level:

1
Foundation:

Slab
Common Walls:

1 Common Wall
Building Area Total:

2951.00
Building Area Units:

Square Feet
# of Buildings:

2
Total Number Of Units:

3
Stories Total:

2
# of Separate Gas Meters:

2
# of Separate Water Meters:

2
# of Separate Electric Meters:

2

Interior

Features:

Ceiling Fan(s), Open Floorplan, Quartz Counters, Recessed Lighting
Levels:

Two
Entry Location:

ground
Window Features:

Double Pane Windows
Flooring:

Vinyl
Fireplace:

No
Fireplace:

None
Laundry:

Electric Dryer Hookup, Gas Dryer Hookup, In Kitchen, Washer Hookup
Laundry:

1

Location

Directions:

Cross streets Third and Kansas Ave.
Latitude:

33.98094900
Longitude:

-117.35559900

The Property

Property Type:

Residential Income
Subtype:

Triplex
Property Condition:

Additions/Alterations
Zoning:

R3
Lot Features:

Lot 10000-19999 Sqft
Lot Size Area:

13068.0000
Lot Size Acres:

0.3000
Lot Size SqFt:

13068.00
Lot Size Source:

Assessor
Fencing:

Block, Wrought Iron
Fence:

Yes
Road Frontage:

City Street
Road Surface Type:

Paved
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

305.03
Tax Tract:

28286
Tax Lot:

17

The Listing

Special Listing Conditions:

Standard
Parcel Number:

211111050

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

Yes
Cooling:

Central Air

Utilities

Utilities:

Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
Sewer:

Public Sewer
Electric:

220 Volts in Garage
Water Source:

Public

The Community

Senior Community:

No
Features:

Street Lights, Suburban
Pool:

None
Private Pool:

No
Association:

No

Parking

Parking:

Yes
Parking:

Attached Carport
Parking Spaces:

2.00
Garage Spaces:

2.00

Extra Units

Average 1 Bed Area:

600
Average 3 Bed Area:

1199
Number With Refrigerator:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/15/24 Oct 15, 2024	Listed / Active	CRMLS_CA	$1,250,000	95.3% (50.6% / YR)
11/28/22 Nov 28, 2022		CRMLS_CA	$640,000	0.8%
10/25/22 Oct 25, 2022		CRMLS_CA	$635,000

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This multifamily located in East Riverside, Riverside, CA 92507 is currently for sale for $1,250,000. 2029 Patterson Street is a – square foot multifamily with – beds and – baths that has been on Estately for 30 days. 2029 Patterson Street is in the East Riverside neighborhood of Riverside and has a WalkScore® of 62, making it somewhat walkable. This multifamily is in the attendance area of University Heights Middle School, John W. North High School, and Longfellow Elementary School.

Listing Courtesy of: CRMLS_CA and Berkshire Hathaway HomeService. Based on information from California Regional Multiple Listing Service, Inc. as of 21:46 on Nov 14.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.