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Renovated Triplex on Oversized Lot
New
For Sale
$915,000

3342 Eucalyptus Ave, Riverside, CA 92507

Separate utility metering supports straightforward unit-level management.

Property Size1,325 SF
Lot Size0.36 Acres
Days on Market4

Property Features for 3342 Eucalyptus Ave

General Information

Standard status Active
Size 1,325 SF
Lot size 0.36 Acres
Property subtype Investment

Site & Location

Highway Access Yes
Utilities to Site Yes

Units

Unit Mix 2 x studio, 1 x 1BR/1BA
Multifamily Units 3

Building Details

Building Size 1,325 SF
Year Built 1903
Year Renovated 2024
Stories 1
Units 3
Listing Agency: MARTY RODRIGUEZ REAL ESTATE
Listed By: Tanner Newlon · License #02120632
Source: Elliman
Added: Aug 8 Changed: Aug 9 Last Checked: Aug 10 at 7:39AM

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 MARTY RODRIGUEZ REAL ESTATE

Investment Insights

Based on property information with market context.

This Riverside triplex contains two studio residences and one one-bedroom, one-bath residence. Each unit has its own gas and electric meter. Renovation work completed in 2024 updated the property while retaining elements of its early Riverside character. The property was built in 1903 and sits on a flat 15,681-square-foot lot with room for parking, outdoor areas, or other future planning subject to applicable approvals.

Located at 3342 Eucalyptus Ave., the property is positioned between Downtown Riverside and UC Riverside. Riverside City College, hospitals, employment centers, and Downtown Riverside amenities are nearby. Access to the 91, 60, and 215 freeways connects the property with Riverside and the broader Inland Empire. Walk Score is 72, Bike Score is 73, and Transit Score is 43.

Key Highlights

  • Two studio units plus one 1‑bedroom, 1‑bath unit
  • 2024 renovations across the triplex
  • Separate gas and electric meters for each unit

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Daycare Center Catering Service (Bike/Boat/Book/etc) Store Veterinary Clinic Tattoo & Piercing Shop Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,291
Businesses Nearby

Demographics for 92507, CA

63,191
Population
19,739
Households
3.2
Avg Household Size
28
Median Age
32%
College-Educated
84%
High-School Grad
21.4 sq mi
ZIP Area
2,953
Density / Sq Mi
$72,367
Median Household Income
$31,961
Median Earnings
$1,780
Median Rent
$503,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Separate utility metering supports straightforward unit-level management.
Where is this triplex located?
The property is located at 3342 Eucalyptus Ave Riverside, CA.
What is the asking price?
The asking price for this property is $915,000.
What are key features of this property?
This property features: Two studio units plus one 1‑bedroom, 1‑bath unit; 2024 renovations across the triplex; Separate gas and electric meters for each unit
More about this property
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