3737 Shamrock Avenue

Riverside, CA 92501

$669,000
Price
3
Beds
2
Baths
1,634 Sq. Ft.
$409 / Sq. Ft.
1,634
Sq. Ft.
$409
per Sq. Ft.

Description

Introducing your historic Craftsman investment home near downtown Riverside. This home offers over 1600 sq ft with 4 great size bedroom's and 3 full bathroom's currently being leased out for $2800 but can be leased for more! This area is experiencing significant growth with a city approved investment of over $23 million for Fairmount Park which is only a couple minutes away from the growing Downtown Riverside. This development makes it a desirable hotspot and an excellent area to park your money....Introducing your historic Craftsman investment home near downtown Riverside. This home offers over 1600 sq ft with 4 great size bedroom's and 3 full bathroom's currently being leased out for $2800 but can be leased for more! This area is experiencing significant growth with a city approved investment of over $23 million for Fairmount Park which is only a couple minutes away from the growing Downtown Riverside. This development makes it a desirable hotspot and an excellent area to park your money. The home itself comes with approved permits to convert the garage into a 1 or 2 bed bedroom accessory dwelling unit (ADU) with its own entrance and backyard. This ADU has the potential to be leased for $2000+, providing additional income opportunities. The location of the home is ideal, offering easy access to multiple freeways. Additionally, the property has been upgraded while still retaining its original character, providing a unique blend of modern amenities and traditional charm. It's important to mention that while the ADU has been approved, the conversion process has not yet been completed and we will only provide the approved permit/ architect rending's with the purchase of the home. The home has already been split to have two separate parking lots, two seperate yards for each unit, and 2 mailboxes. While the ADU will be a great investment opportunity since you are nearby to 2 local colleges nearby, you also have the option of making the 4th bedroom in the front house it's own private studio to rent since you can access the 4th bedroom through the back of the home, and it has it's own entrance from the outside. The 4th bedroom has it's own bathroom, and a small room inbetween that currently serves as a cofee bar with its own sink and area for a small fridge and induction stove. This is truly a GOLDMINE property waiting for the right investor to buy and HOLD and rent out for years to come to multiple families, student's, etc. Overall, this Craftsman home near downtown Riverside offers a promising investment opportunity in a rapidly developing area.
  1. Listed by Cynthia Ascencio • DRE #02065245 • Brokerage DRE #01927637 • REALTY MASTERS & ASSOCIATES

Property Details for 3737 Shamrock Avenue

Architectural Style
Craftsman
Parking Spaces Total
7
Private Pool
No
Cooling Type
Other/Remarks
Total Units
1.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1634

Location

Listing Courtesy of REALTY MASTERS & ASSOCIATES, Cynthia Ascencio, DRE #02065245
Add your commute
LISTING UPDATED: 04/26/2024 03:06 AM

Property Details for 3737 Shamrock Avenue

StatusActive
MLS #CV23196632
Days on Market188
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1921
Lot Size0.20 AC / 8,712 SF
CountyRiverside County

Location

Listing Courtesy of REALTY MASTERS & ASSOCIATES, Cynthia Ascencio, DRE #02065245
Add your commute

Building Information for 3737 Shamrock Avenue

Stories1Residences-Year Built1921Building Size-Lot Size0.20 AC / 8,712 SF

Payment Calculator

$4,071 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,651

Property Taxes

$420

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3737 Shamrock Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Exterior Maintenance, Sewer, Trash Collection, Water
Income / Expense / Tax Details
Income Details
  • Gross Income: $4,800
  • Gross Scheduled Income: $4,800
  • Net Operating Income: $0
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Block: 5
  • Tax Tract Number: 0000
  • Tax Census Tract: 301.04
  • CFD/Mello-Roos Fee: $66
  • Tax Lot: 4
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Buyer to Verify, Unknown
  • Community Features: Biking
Property / Structure Info
Interior Features
  • Interior Features: Bar, Built-in Features, Quartz Counters
  • Room Type: Kitchen, Living Room
  • Laundry: Yes
  • Laundry Features: See Remarks
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Cooling: See Remarks
  • Heating Type: Central
  • Heating: Central
  • Flooring: Laminate
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Entry Location: Front
  • Fence: Yes
  • Fence: Partial
  • Fencing: Partial
  • Other Structures: Guest House Detached, Two On A Lot
  • Property Condition: Updated/Remodeled
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Front Yard, Yard
  • Number Of Units: 1
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Frontage Type: City Street
  • Levels: One
  • Water: Public
  • Sewer: Sewer Paid
  • Sewer/Septic: Sewer Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Driveway, RV Access
  • Uncovered Spaces: 5
  • Open Other Spaces Total: 5
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Driveway, Driveway Level, RV Access/Parking
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,800
  • Unit Type Total Rent: $2,800
  • Unit Type Pro Forma: 2800
  • Unit Type Type: 1
Unit Information
  • Number Of Units Leased: 1
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 0
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 0

Property History for 3737 Shamrock Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3737 Shamrock Avenue

Taxable ValueLand$62,424Additions$384,948Total$447,372
Tax Record2023$5,038 ($420 / month)
Home Facts
Beds3Baths1Total Finished SqFt1,634 SqFtAbove Grade Finished SqFt1,634 SqFtStories1Lot Size8,712 SqFtStyleSingle Family ResidenceYear Built1921ZoningR106CountyRIVERSIDEAPN209-051-004Fireplace TypeHas Fireplace

Schools near 3737 Shamrock Avenue

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
Patricia Beatty Elementary School
PublicK to 6

Central Middle School
Public7 to 8

John W. North High School
Public9 to 12

Riverside Virtual
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.

Similar Homes

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3737 Shamrock Avenue is a multi-family home for sale in Riverside, CA 92501. This property was listed for sale on October 19, 2023 by REALTY MASTERS & ASSOCIATES, it's currently listed at $669,000. It has been on the market for a total of 188 days and was last sold on January 21, 2021. This listing's school district is Riverside Unified School District. Nearby schools include Patricia Beatty Elementary School, Central Middle School and John W. North High School. 3737 Shamrock Avenue is a 3-bed, 2-bath, 1,634 sqft multi-family home built in 1921.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of REALTY MASTERS & ASSOCIATES, Cynthia Ascencio, DRE #02065245

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.