This unique property presents an incredible opportunity with three homes on one lot, each featuring its own garage, private laundry hookups, backyard, parking space, and separate gas and electric meters, making utility payments straightforward for all residents. This versatile property is perfect for multigenerational living, allowing families to stay close while enjoying their independence—ideal for parents, adult children, and grandparents to live together yet separately, potentially saving on childcare and elder care expenses.Additionally, this property offers excellent income-generating potential: live in one home and rent out the other two to create a steady income stream and help offset your mortgage. All three homes can be rented out individually, ensuring that each tenant has control over their own utilities. For investors, this property is also perfect as a vacation rental, attracting large groups and families seeking private yet connected accommodations. Its prime location near four colleges, downtown Riverside, and within an hour's drive of Disneyland, Knott's Berry Farm, and multiple beaches makes it highly desirable for short-term stays. Moreover, the layout allows for a home office, creative studio, or workspace while still providing rental income from the other hom
MLS #
CRIG24203293
MLS Source
California Regional MLS
Fireplace
None
Laundry
Hookup - Gas Dryer
Cooling
Window/Wall Unit
Heating
Central Forced Air
Pool
None
Garage/Parking
Garage: 3 Car(s)
Elementary District
Riverside Unified
High School District
Riverside Unified
HOA Fee
$0
Zoning
R1065
4152 Locust St is a Triplex in Riverside, CA 92501. This 2,103 square foot property sits on a 7,405 Sq Ft Lot and features 3 bedrooms & 3 full bathrooms. It is currently priced at $770,000 and was built in 1924.
This address can also be written as 4152 Locust St, Riverside, CA 92501.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of December 11, 2024. For the most current information, please contact Benjamin Rubalcava, (714) 673-5181