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    3112 1St St, Unit And 3130 Riverside, CA 92507

    New
    Under Contract
    For Sale
    $1,489,000

    Commercial/Residential - Riverside, CA

    Property size:
    3,600 SF
    Lot size:
    29,185.00 Acres
    Days on Market:
    6
    Last Refresh:
    Dec 11 at 6:06 am

    Property Features for 3112 1St St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    M2
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Workshop
    Bedrooms
    4
    Bathrooms
    3
    APN
    213060002
    Parking
    7
    Parking features
    Covered, Driveway, Garage, Oversized, Porte-Cochere, RV, Tandem
    Exterior features
    Fence, Community Features Included: Curbs, Urban, 2-5 Units/Acre
    Fencing
    Fenced
    Size
    3,600 SF
    Lot size
    29,185.00 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1950
    Floors in Building
    1
    Number of units
    3
    Flooring type
    Laminate, Wood
    Roof type
    Composition
    Architectural style
    Other

    REMAX Top Producers (909) 590-8853 [email protected]

    Listing agent Ann Casillas (909) 590-8853 License #01522109

    Listing date Dec 6, 2025

    MLS# CV25072410 Listing URL

    Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Units in Riverside

    Located in the heart of Riverside, this property features two separate, updated units, each with its own address, laminate floors, crown molding, upgraded kitchen and cabinets, separate utility meters, and private yards. A well-built carport serves both units. The landscape is well-manicured, with attention to detail evident inside and out. Both units are currently occupied by established renters on a month-to-month basis, each paying $2,500 and interested in staying. The total living space is approximately 3,600 square feet on a 29,115 square foot lot. The back of the lot includes a large three-car garage, used as storage between both homes, with a roll-up door and a restroom on the side for visitors; renters do not have access to this garage. A large easement on the side of the lot allows for large vehicle access and parking. The property has automatic gates and a wide entry to the back, and is located on a corner lot. Zoned commercial, industrial, and non-conforming, it is grandfathered in for rental of the two homes, allowing for the storage of vehicles, semi-trucks, and large vehicles belonging to the owner of record if the owner occupies one unit. This grandfather status is lost if the units are vacant for more than six months. The property is next to the railroad tracks near the 91, 215, and 60 freeways. The seller was informed that constructing a full commercial business may be possible, but rented residential units are not allowed if a full commercial building is added. A double-wide office modular with AC and restroom is on the lot and available for separate purchase, intended for removal.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Tio Pallets Pallet Supplier

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Riverside
    County
    Riverside
    State
    California
    Longitude
    -117.3634316
    Latitude
    33.985351

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    FAQs

    What type of property is this?
    Mixed-use property - Two updated units with separate utilities and private yards.
    Where is this mixed-use property located?
    The property is located at 3112 1St St, Unit And 3130 Riverside, CA.
    What is the asking price?
    The asking price for this property is $1,489,000.
    What are key features of this property?
    This property features: - Two separate, updated rental units with established tenants for immediate rental income.; - Large lot (approx. 29,115 sq ft) with potential for commercial use due to zoning and grandfathered status.; - Separate utility meters and private yards for each unit, simplifying management.
    (909) 590-8853
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    3112 1St St, Unit And 3130 Riverside, CA 92507
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3112 1St St, Unit And 3130 Riverside, CA 92507
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