3110 Lime St
Description
Welcome to 3108/3110 Lime Street, a beautifully updated duplex located near Downtown Riverside, the Mission Inn, and the University of Riverside. Nestled in the city’s desirable historic district, this property offers charm, functionality, and strong rental potential in one of Riverside’s fastest-growing areas. Each of the two units features its own private entryway, with an open kitchen leading into a spacious...Investment Opportunity in Riverside’s Historic District – Duplex with Value-Add Potential
Welcome to 3108/3110 Lime Street, a beautifully updated duplex located near Downtown Riverside, the Mission Inn, and the University of Riverside. Nestled in the city’s desirable historic district, this property offers charm, functionality, and strong rental potential in one of Riverside’s fastest-growing areas. Each of the two units features its own private entryway, with an open kitchen leading into a spacious living room accented by a faux fireplace. The primary bedrooms showcase large windows, walk-in closets, and en-suite bathrooms, creating a comfortable layout for tenants. Both units have been remodeled and enjoy modern updates including a newer roof and upgraded attic insulation. Additional highlights include on-site laundry, separate gas and electric meters, and excellent curb appeal that complements the historic character of the neighborhood. A detached garage presents an outstanding opportunity for ADU conversion, offering the potential to add a third income-producing unit and increase cash flow. With both units currently rented, this property is a strong investment in a thriving rental market with continued upside.
Property Details for 3110 Lime Street
Property Details for 3110 Lime Street
| Status | Active |
|---|---|
| MLS # | IG25225510 |
| Days on Market | 86 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1927 |
| Lot Size | 0.09 AC / 3,920 SF |
| County | Riverside County |
Location
Building Information for 3110 Lime Street
Payment Calculator
$3,237 per month
30 year fixed, 6.28% Interest
$3,237
$0
$0
Property Information for 3110 Lime Street
- Tenant Pays: Cable TV, Electricity, Gas, Sewer, Telephone, Trash Collection
- Gross Income: $48,000
- Gross Scheduled Income: $42,000
- Net Operating Income: $39,380
- Laundry Income: $0
- Cap Rate: 6.0
- Current Financing: Conventional
- Operating Expense: $2,620
- Gardener Expense: $1,020
- Cable TV Expense: $0
- Fuel Expense: $0
- Pest Control Expense: $400
- Pool Expense: $0
- Furniture Replacement Expense: $0
- Electric Expense: $0
- Insurance Expense: $1,200
- Trash Expense: $0
- Water Sewer Expense: $50
- Total Expenses: $2,620
- Tax Block: 1
- Tax Tract Number: 009041
- CFD/Mello-Roos Fee: $391
- Tax Lot: 3
- Assessments YN: Yes
- Assessments: Buyer to Verify
- Community Features: Gutters, Sidewalks, Street Lights
- Appliances: Gas Oven, Gas Range, Microwave, Refrigerator
- Equipment: Dryer, Dryer Included, Gas Dryer Hookup, Gas Or Electric Dryer Hookup, Laundry Area, Microwave, Outside, Refrigerator, Washer, Washer Hookup, Washer Included
- Room Type: All Bedrooms Down, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Walk-In Closet
- Bedroom Features: All Bedrooms Down, Main Floor Bedroom, WalkInCloset
- Laundry: Yes
- Laundry Features: Common Area, Dryer Included, Gas & Electric Dryer Hookup, Gas Dryer Hookup, Outside, Washer Hookup, Washer Included
- Laundry Equipment Own Lease: Own
- Fireplace Features: None
- Fireplace Rooms: None
- Cooling: Wall/Window Unit(s)
- Heating Type: Wall Furnace
- Heating: Wall Furnace
- Flooring Type: Laminate
- Flooring: Laminate
- Window Features: Blinds, Double Pane Windows
- Roof: Shingle
- Entry Location: North/West
- Fence: Yes
- Fence: Vinyl, Wood
- Fencing: Vinyl, Wood
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Pool Heat: N/K
- Spa Features: None
- Spa Heat: N/K
- Lot Features: 0-1 Unit/Acre, Sprinkler System, Sprinklers In Front, Sprinklers Timer, Yard
- Number Of Units: 2
- Land Lease: No
- Land Lease Type: Fee
- Road Frontage Type: City Street
- Levels: One
- Water: Public
- Sewer: Public Sewer
- Water Source: Public
- Garage Spaces: 0
- Parking: Yes
- Parking Garage: Assigned
- Uncovered Spaces: 2
- Open Other Spaces Total: 2
- Parking Garage Spaces: 0
- Carport Spaces: 0
- Parking Features: Assigned
- Residential Styles: Res Income 2-4 Units
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,800
- Unit Type Total Rent: $1,800
- Unit Type Pro Forma: 2000
- Unit Type Type: 1
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,700
- Unit Type Total Rent: $1,700
- Unit Type Pro Forma: 2000
- Unit Type Type: 2
- Number Of Units Leased: 2
- Rent Controlled: Yes
- Number Of Buildings: 2
- Number Of Separate Electric Meters: 2
- Number Of Separate Gas Meters: 2
- Number Of Separate Water Meters: 1
- Number With Range: 2
- Number With Refrigerator: 1
- Number With Carpet: 0
- Number With Disposal: 2
- Number With Drapes: 0
- Number With Patio: 2
- Number Wall AC: 2
Property History for 3110 Lime Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Oct 28, 2025 | Price Change CLAW #IG25229854MR | $655,000 | — |
| Oct 28, 2025 | Price Change CLAW #IG25225510MR | $655,000 | — |
| Oct 28, 2025 | Price Change CRMLS #IG25229854 | $655,000 | — |
| Oct 28, 2025 | Price Change CRMLS #IG25225510 | $655,000 | — |
| Oct 27, 2025 | Price Change SDMLS #IG25229854 | $655,000 | — |
| Oct 27, 2025 | Price Change SDMLS #IG25225510 | $655,000 | — |
| Oct 9, 2025 | Listed (Active) CLAW #IG25229854MR | $665,000 | — |
| Oct 9, 2025 | Listed (Active) SDMLS #IG25229854 | $665,000 | — |
| Oct 9, 2025 | Listed (Active) CRMLS #IG25229854 | $665,000 | — |
| Sep 29, 2025 | Listed (Active) CRMLS #IG25225510 | $665,000 | — |
| Sep 26, 2025 | Listed (Active) CLAW #IG25225510MR | $665,000 | — |
| Sep 26, 2025 | Listed (Active) SDMLS #IG25225510 | $665,000 | — |
| Jun 9, 2008 | Expired CRMLS #C08005999 | $300,000 | — |
| Jun 9, 2008 | Expired CLAW #C08005999MR | — | |
| Jan 8, 2008 | Listed (Active) CLAW #C08005999MR | $305,000 | — |
| Jan 8, 2008 | Listed (Active) CRMLS #C08005999 | $305,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 10/28/2025 | Price Change CLAW #IG25229854MR | $655,000 |
| 10/28/2025 | Price Change CLAW #IG25225510MR | $655,000 |
| 10/28/2025 | Price Change CRMLS #IG25229854 | $655,000 |
| 10/28/2025 | Price Change CRMLS #IG25225510 | $655,000 |
| 10/27/2025 | Price Change SDMLS #IG25229854 | $655,000 |
| 10/27/2025 | Price Change SDMLS #IG25225510 | $655,000 |
| 10/09/2025 | Listed (Active) CLAW #IG25229854MR | $665,000 |
| 10/09/2025 | Listed (Active) SDMLS #IG25229854 | $665,000 |
| 10/09/2025 | Listed (Active) CRMLS #IG25229854 | $665,000 |
| 09/29/2025 | Listed (Active) CRMLS #IG25225510 | $665,000 |
| 09/26/2025 | Listed (Active) CLAW #IG25225510MR | $665,000 |
| 09/26/2025 | Listed (Active) SDMLS #IG25225510 | $665,000 |
| 06/09/2008 | Expired CRMLS #C08005999 | $300,000 |
| 06/09/2008 | Expired CLAW #C08005999MR | — |
| 01/08/2008 | Listed (Active) CLAW #C08005999MR | $305,000 |
| 01/08/2008 | Listed (Active) CRMLS #C08005999 | $305,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 3110 Lime Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 12 |
Rating | School | Distance |
|---|---|---|
Fremont Elementary School PublicK to 6 | ||
Central Middle School Public7 to 8 | ||
Polytechnic High School Public9 to 12 | ||
Riverside Virtual School PublicK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Gold Clover Realty, Juan Bautista, DRE #02044065; Gold Clover Realty, Jessica Ann Bautista, DRE #01973266
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.