Riverside Triplex with ADU
3633 Kansas Ave, Riverside, CA 92507
Rare triplex with income and value-add potential near UCR.
Type:Investment
Lot size:
0.33 Acres- Added:
- Apr 15, 2026
- Days on Market:
- 47
- Last Refresh:
- Apr 3 at 4:51 pm
Property Features for 3633 Kansas Ave
General Information
- Standard status
- Active
- Lot size
- 0.33 Acres
- Property subtype
- Investment
Building Details
- Year Built
- 1907
Listing agent Meha Chopra License #02187521 (818) 669-6024
Listing office (818) 669-6024
Listing date Apr 15, 2026
Source Elliman
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 Meha Chopra
HighLights
- Significant income upside with city‑approved ADU plans projecting an additional $21,000 annually, bringing total projected income to approximately $85,704 per year.
- Strong in‑place income of approximately $64,704 annually.
- Extensive recent improvements including a new roof, full unit rehabs completed in 2023, fresh paint, and termite work, resulting in a low‑maintenance investment.
- Included architect‑prepared, city‑approved plans for an ADU utilizing an existing detached garage, providing a lower‑cost path to adding a fourth unit.
- Located on two contiguous parcels totaling approximately 0.33 acres.
- Centrally located near University of California Riverside, Riverside City College, and major freeways (60, 91, 215).
Overview
This triplex in Riverside presents an investor opportunity with in-place income and value-add potential. The property currently generates approximately $64,704 in annual income, with a projected upside of approximately $21,000 annually through a city-approved ADU plan, potentially bringing the total projected income to approximately $85,704 per year. Situated on two contiguous parcels totaling approximately 0.33 acres, the property has undergone recent improvements, including a new roof, full unit rehabs completed in 2023, fresh exterior and interior paint, and completed termite work. Included with the sale are architect-prepared, city-approved plans for an ADU utilizing an existing detached garage. The property consists of three units with functional layouts, ample on-site parking, and one detached garage assigned to the larger unit. Tenants currently pay for gas, electricity, and trash, while owner expenses are limited to water and landscaping. The property is centrally located near the University of California Riverside, Riverside City College, and major freeways (60, 91, 215). This property is suited for investors seeking immediate cash flow with minimal deferred maintenance and clear upside through ADU development.
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Riverside
- County
- Riverside
- State
- California
- Longitude
- -117.3574141
- Latitude
- 33.9781947
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Rare triplex with income and value-add potential near UCR.
Where is this triplex located?
The property is located at 3633 Kansas Ave Riverside, CA.
What is the asking price?
The asking price for this property is $948,000.
What are key features of this property?
This property features: Significant income upside with city‑approved ADU plans projecting an additional $21,000 annually, bringing total projected income to approximately $85,704 per year.; Strong in‑place income of approximately $64,704 annually.; Extensive recent improvements including a new roof, full unit rehabs completed in 2023, fresh paint, and termite work, resulting in a low‑maintenance investment.
