3717 Roosevelt

Riverside, CA, 92503

For Sale $1,140,000

0.21acre

Shen Schulz (310) 980-8809shen@shenrealty.com

3717 Roosevelt Street presents a well-located 3+1 multifamily opportunity in one of Riverside’s most stable residential corridors. The property consists of three 2-bed/1-bath units plus an additional non-conforming 2-bed/1-bath unit, offering an attractive unit mix and strong income potential. Current rents remain below market, providing a clear path to upside through standard turnover and light interior improvements, with pro forma gross income projected at $100,800 annually. Operating costs are lean, and the 1960s construction profile supports efficient, predictable management with minimal deferred maintenance concerns. Positioned near major employment centers, retail hubs, and key transportation routes, the asset delivers a compelling blend of stability, cash-flow growth, and long-term appreciation—making it an ideal acquisition for investors seeking well-located, manageable multifamily in the heart of Riverside.

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Listed by:

DARREN CORREA with LE INVESTMENT GROUP

(909) 256-7889

3717 Roosevelt is a Residential Income Apartment property located in Riverside, California, featuring a 0.210 acre lot, MLS #IV25274666.

Based on information from one of the following Multiple Listing Services: CRMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Trestle and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements.

Data last modified: 2025-12-12 00:01:40