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Downtown Riverside 6-Unit Multifamily Property

3848 LOCUST Riverside, CA 92501

3848 LOCUST, Riverside, CA, 92501
$990,000
For Sale
Claim this Listing
$990,000

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

AddedApr 24
Days on Market83
Last RefreshJul 4 at 11:45 pm

Property Features for 3848 LOCUST

General Information

Standard status
Active
Property subtype
Commercial

Listing office

Listing date Apr 24, 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 Ardavan Mofid


Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Carpet & Flooring Store Locksmith (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pet Grooming Service (Bike/Boat/Book/etc) Store Storage Facility Tanning Salon Catering Service

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

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.
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