Active
4 beds3 baths2,260 sqft
3452 Mulberry St, Riverside, CA 92501
Est: $4,388/moGet pre-approved
Multi FamilyProperty Type
0.09 acresLot Size
1911Year Built
$354/sq ftPrice per sq ft

Description

Exceptional opportunity to own a beautifully updated and well-maintained income producing triplex in historic Downtown Riverside. This property features a downstairs studio apartment (Unit 1 - 372 sqft), a downstairs 2 bedroom, 1 bathroom apartment (Unit 2 - 982 sqft), and an upstairs 2 bedroom, 1 bathroom apartment (Unit 3 - 906 sqft). All apartments are rented, with Unit 1’s tenant occupying since 2019 and Unit3’s tenant occupying since 2021; Unit 3 was recently re-rented in May 2026. A wonderful...Exceptional opportunity to own a beautifully updated and well-maintained income producing triplex in historic Downtown Riverside. This property features a downstairs studio apartment (Unit 1 - 372 sqft), a downstairs 2 bedroom, 1 bathroom apartment (Unit 2 - 982 sqft), and an upstairs 2 bedroom, 1 bathroom apartment (Unit 3 - 906 sqft). All apartments are rented, with Unit 1’s tenant occupying since 2019 and Unit3’s tenant occupying since 2021; Unit 3 was recently re-rented in May 2026. A wonderful attribute of this property is that it has been thoroughly modernized while maintaining its historic charm. Improvements have been numerous including complete re-plumbing with Pex, replaced drain lines, complete electrical re-wire, installation of dual pane windows and new doors, updated kitchens, updated bathrooms including salvaging claw foot tubs in all units, updated flooring throughout, newer water heater, updated window blinds, added mini-split in Unit 3, upgraded insulation, interior and exterior painting, renovated landscape and hardscape, and more! Tenants enjoy an on-site communal laundry room with coin-operated machines, which are leased by owner, as well as a fully-enclosed and private backyard. This is a legal triplex with 3 electric meters, 3 gas meters and one water meter which is paid by owner. Conveniently close to Downtown shopping, restaurants, UCR, RCC, city services, churches, freeways, public transportation including Metrolink and more. Whether you're looking to expand your investment portfolio, generate immediate rental income, or explore other possibilities, this property offers versatility and long-term upside in one of Riverside’s most sought-after rental areas. All pictures shown are when the units were last vacant. All units are currently rented – please do not disturb occupants or walk property without approval.
21 days on Market
  • Listed by: NATALIE JOHNSON DRE #01442599 Brokerage DRE #00909354 • WESTCOE REALTORS INC 951-347-5188
Last updated: 09/03/2026 09:56 AM • Source: CRMLS, MLS#: IV26177213

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Location

Listing Courtesy of WESTCOE REALTORS INC, NATALIE JOHNSON, DRE #01442599
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$4,388 per month

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$4,134

Property Taxes

$254

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Property Information for 3452 Mulberry Street

Property Details
  • MLS Type: Residential Income
  • Architectural Style: Craftsman
  • View: Neighborhood
  • Parking Spaces Total: 0
  • Private Pool: No
  • Cooling Type: Wall/Window Unit(s), Ductless
  • Total Units: 3.0
  • Building Type: Detached
  • Lot Size Source: Assessor
  • Living Area: 2260
  • Assessor Parcel Number: 213-132-004
  • Property Attached YN: false
  • Common Walls: No Common Walls
  • New Construction: No
  • Average Studio Area: 372
  • Average Studio Area Units: Square Feet
  • Average 1 Bed Area Units: Square Feet
  • Average 2 Bed Area: 944
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Building Area Total: 2260
  • Building Area Units: Square Feet
  • Stories Total: 2
  • Entry Level: 3
  • Fireplace: No
  • Pool: No
  • Spa: No
  • View: Yes
  • View: Yes
  • Association: No
  • Association Fee: $.00
  • Zoning: Assessor
  • Senior Community: No
  • Neighborhood: Downtown
  • Parcel Number: 213132004
  • Area: Riverside (252)
  • Directions: University Avenue to Lime Street to Fifth Street to Mulberry Street
Building Information
  • Stories: 2
  • Year Built: 1911
  • Lot Size: 0.09 AC / 3,920 SF
Rental Info
Rental Info
  • Tenant Pays: Gas, See Remarks, Electricity
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $57,720
  • Vacancy Allowance: 1732
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $55,988
  • Net Operating Income: $31,651
  • Number Of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Income: $0
  • Laundry Income: $0
  • Other Income Description: Laundry is break even.
  • Cap Rate: 3.96
Expense Details
  • Operating Expense: $24,337
  • Operating Expense Percent: 42.16%
  • New Taxes Expense: $8,996
  • Gardener Expense: $334
  • Cable TV Expense: $0
  • Fuel Expense: $473
  • Licenses Expense: $116
  • Pest Control Expense: $95
  • Pool Expense: $0
  • Security Expense: $0
  • Furniture Replacement Expense: $0
  • Electric Expense: $523
  • Insurance Expense: $3,136
  • Maintenance Expense: $4,790
  • Maintenance Percent: 8.30%
  • Professional Management Expense: $3,608
  • Workmans Compensation Expense: $0
  • Other Expense: $938
  • Other Expense Description: Ads/Fees
  • Trash Expense: $536
  • Water Sewer Expense: $586
  • Supplies Expense: $206
  • Total Expenses: $24,337
Tax / Assessment Info
  • Tax Block: 4
  • Tax Tract Number: 0000
  • CFD/Mello-Roos Fee: $120
  • Tax Lot: 2
Community / Development
Community / Development
  • Accessibility Features: 2+ Access Exits
  • Disability Access: 2+ Access Exits
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Gutters, Curbs, Street Lights, Storm Drains, Sidewalks, Suburban
Property / Structure Info
Interior Features
  • Appliances: Water Heater, Microwave, Refrigerator, Free-Standing Range, Dishwasher
  • Equipment: Dishwasher, Inside, Microwave, Other, Refrigerator, Room
  • Interior Features: Built-in Features, High Ceilings, Ceiling Fan(s), Recessed Lighting, Open Floorplan, Formica Counters, Granite Counters
  • Room Type: Laundry, See Remarks, Kitchen, Living Room, Main Floor Bedroom
  • Bedroom Features: Main Floor Bedroom
  • Laundry: Yes
  • Laundry Features: Inside, Individual Room, See Remarks
  • Laundry Equipment Own Lease: Lease
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s), Ductless
  • Heating Type: Ductless, Wall Furnace, Central
  • Heating: Ductless, Wall Furnace, Central
  • Flooring Type: Vinyl, Carpet, Laminate
  • Flooring: Vinyl, Carpet, Laminate
Exterior Features
  • Window Features: Double Pane Windows, Blinds
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Construction Materials: Wood Siding
  • Exterior Construction: Wood Siding
  • Exterior: Wood
  • Roof: Composition, Shingle
  • Entry Location: Front
  • Fence: Yes
  • Fence: Chain Link, Wood
  • Fencing: Block, Chain Link, Wood
  • Foundation Details: Raised
  • Foundation Details: Raised
  • Property Condition: Turnkey
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
  • Spa Features: None
  • Spa Heat: N/K
Land/Lot Info
  • Lot Features: Rectangular Lot, Level, Near Public Transit, Front Yard, Walkstreet, Yard
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Phone Available, Sewer Connected, Cable Available, Electricity Connected, Water Connected
  • Electric: Electricity - On Property
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: No
  • Parking Garage: On street
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Street
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,215
  • Unit Type Total Rent: $1,215
  • Unit Type Pro Forma: 1300
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,795
  • Unit Type Total Rent: $1,795
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,800
  • Unit Type Total Rent: $1,800
  • Unit Type Pro Forma: 1950
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 1
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Number Wall AC: 7

Property History for 3452 Mulberry Street

DateEvent & SourcePriceAppreciation
Sep 1, 2026

Listed (Active)

CRMLS #IV26177213

$799,900
Sep 1, 2026

Listed (Active)

SDMLS #IV26177213

$799,900
Aug 31, 2026

Listed (Active)

CLAW #IV26177213MR

$799,900
DateEvent & SourcePrice
09/01/2026

Listed (Active)

CRMLS #IV26177213

$799,900
09/01/2026

Listed (Active)

SDMLS #IV26177213

$799,900
08/31/2026

Listed (Active)

CLAW #IV26177213MR

$799,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 3452 Mulberry Street

Taxable ValueLand$102,485Additions$166,546Total$269,031
Tax Record2025$3,047 ($254 / month)
Home Facts
Baths2Total Finished SqFt927 SqFtAbove Grade Finished SqFt927 SqFtStories2Lot Size3,920 SqFtStyleTriplexYear Built1911Year Renovated1911ZoningR3CountyRIVERSIDEAPN213-132-004

Schools near 3452 Mulberry Street

This home is within Riverside Unified School District.
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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3452 Mulberry Street is a multi-family home for sale in Riverside, CA 92501. This property was listed for sale on August 31, 2026 by WESTCOE REALTORS INC, it's currently listed at $799,900. It has been on the market for a total of 21 days and was last sold on August 8, 2008. This listing's school district is Riverside Unified School District. Nearby schools include Fremont Elementary School, Central Middle School and Polytechnic High School. 3452 Mulberry Street is a 4-bed, 3-bath, 2,260 sqft multi-family home built in 1911.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of WESTCOE REALTORS INC, NATALIE JOHNSON, DRE #01442599

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.