Search
4600 Sunnyside Dr, Riverside, CA, 92506
Historic Adobe Triplex with Sun Room

4600 Sunnyside Dr Riverside, CA 92506

For Sale
$985,000

Three-unit income property features Tudor Revival main home, permitted sun room, and two renovated back units.

Property Size2,240 SF
Price / SF$439.73
Days on Market43

Property Features for 4600 Sunnyside Dr

General Information

Standard status Active
Size 2,240 SF
Property subtype Investment

Building Details

Year Built 1925
Listing Agency: Murray Real Estate
Listed By: TED JENKINS · License #01272425
Source: Elliman
Added: Jun 15 Changed: Jul 10 Last Checked: Jul 27 at 6:25AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Murray Real Estate

Investment Insights

Based on property information with market context.

Built in 1925 with adobe plaster construction, this historic triplex features a Tudor Revival main residence plus two back units housed in a single permitted building with a newer roof. The main home welcomes you through a classic arched doorway into a formal living room with crown moldings, a built-in bookcase, and a gas adobe fireplace encased with marble, along with original wood flooring. The primary bedroom and a full bathroom are on the lower level, offering granite counters, rose marble flooring, and custom mosaic shower tile. Upstairs, a stairway with brass carpet runner and rod details leads to a second-level bedroom with a sitting area and a half bathroom. The light and bright kitchen includes two pantries, and an attached permitted sun room provides washer and dryer hookups.

The back units provide additional flexibility. Unit A is one level and includes a full kitchen with granite counters, an island, waterproof luxury vinyl plank flooring, recessed lighting, and a custom-tiled full bathroom, with new appliances installed in 2024. Unit B offers two levels, with a second-level bedroom featuring views of the grounds, skylights, and a built-in bookcase, plus a three-quarter bathroom. The lower level includes a kitchen with a vintage 1950s sink, a laundry hook up, and luxury vinyl plank flooring. A common door connects Units A and B, allowing both spaces to be combined into one living area. Shared outdoor amenities include mature trees, an original stone fireplace, and a 10 x 12 shed built in 2024.

This property is well suited for owner-occupants or investors seeking a distinctive income setup with in-unit laundry hookups and character-rich interiors. The ability to combine Units A and B can also appeal to tenants looking for more than a single one-unit layout while maintaining the comfort of separate living areas.

Key Highlights

  • 3‑unit income property with a 1925 Tudor Revival main residence in the Palm Heights Historic District
  • Main house features arched entry, formal living room with crown molding, built‑in bookcase, gas adobe fireplace with marble, and original wood flooring
  • Lower level includes primary bedroom and a full bathroom with azul mahogany granite counters, rose marble flooring, and custom mosaic shower tile

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $56.4k $25.20
− Vacancy −$1.0k −$0.45
EGI $55.4k $24.75
− OpEx −$16.6k −$7.42
NOI $38.8k $17.32
2,240 SF · lease $25.20/SF/yr · vacancy 1.80% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$554.3K
$485.0K – $646.7K (±1% cap)
NOI $38,802 @ 7.0% cap · market cap 3.94%
Second Best
Apartment 5plus
$497.2K
$435.1K – $580.1K (±1% cap)
NOI $34,807 @ 7.0% cap · market cap 3.53%
Theoretical Best
Office A
$768.5K
$672.4K – $896.6K (±1% cap)
NOI $53,794 @ 7.0% cap · market cap 5.46%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Catering Service Big Box & Wholesale Store Bar & Pub Hotel & Motel

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Triplex - Three-unit income property features Tudor Revival main home, permitted sun room, and two renovated back units.
Where is this triplex located?
The property is located at 4600 Sunnyside Dr Riverside, CA.
What is the asking price?
The asking price for this property is $985,000.
What are key features of this property?
This property features: 3‑unit income property with a 1925 Tudor Revival main residence in the Palm Heights Historic District; Main house features arched entry, formal living room with crown molding, built‑in bookcase, gas adobe fireplace with marble, and original wood flooring; Lower level includes primary bedroom and a full bathroom with azul mahogany granite counters, rose marble flooring, and custom mosaic shower tile
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message