3848 LOCUST, Riverside, CA 92501

Listing agent Ardavan Mofid

Listing office A***@yahoo.com Show Phone

Listing date Apr 24, 2026

Source Elliman

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Overview

This 6-unit multifamily property is located in downtown Riverside's historical district, near the Mission Inn Hotel & Spa. The unit mix includes two 2-bedroom/1-bath units and four studio units. Tenants benefit from proximity to shopping, dining, and entertainment, with convenient access to the 91, 60, and 15 Freeways. The property has a bike score of 56, indicating it is bikeable, a walk score of 32, indicating car-dependency, and a transit score of 35, indicating some transit options are available. This property presents an opportunity to secure a multi-unit property in a historic and high-demand location.

Suggested Use

Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Law Firm Building Supply Daycare Center Gym & Fitness Center

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

Location Insight

• Map
• Local Demand

City

Riverside

County

Riverside

State

California

Longitude

-117.3803749

Latitude

33.9839367

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FAQs

What type of property is this?

Apartment building - Charming 6-unit property near Mission Inn Hotel & Spa.

Where is this apartment building located?

The property is located at 3848 LOCUST Riverside, CA.

What is the asking price?

The asking price for this property is $990,000.

What are key features of this property?

This property features: Prime location in Downtown Riverside's Historical District, near the Mission Inn Hotel & Spa.; Strong rental appeal in a high‑demand area.; Six‑unit property offering an exceptional investment opportunity.