Riverside, CA 92501 3737 Shamrock Avenue
$669,000
28 more
Presented By: Cynthia Moreno with REALTY MASTERS & ASSOCIATES;
Home Details
Introducing your historic Craftsman investment home near downtown Riverside. This home offers over 1600 sq ft with 4 great size bedroom's and 3 full bathroom's currently being leased out for $2800 but can be leased for more! This area is experiencing significant growth with a city approved investment of over $23 million for Fairmount Park which is only a couple minutes away from the growing Downtown Riverside. This development makes it a desirable hotspot and an excellent area to park your money.
The home itself comes with approved permits to convert the garage into a 1 or 2 bed bedroom accessory dwelling unit (ADU) with its own entrance and backyard. This ADU has the potential to be leased for $2000+, providing additional income opportunities.
The location of the home is ideal, offering easy access to multiple freeways. Additionally, the property has been upgraded while still retaining its original character, providing a unique blend of modern amenities and traditional charm.
It's important to mention that while the ADU has been approved, the conversion process has not yet been completed and we will only provide the approved permit/ architect rending's with the purchase of the home. The home has already been split to have two separate parking lots, two seperate yards for each unit, and 2 mailboxes. While the ADU will be a great investment opportunity since you are nearby to 2 local colleges nearby, you also have the option of making the 4th bedroom in the front house it's own private studio to rent since you can access the 4th bedroom through the back of the home, and it has it's own entrance from the outside. The 4th bedroom has it's own bathroom, and a small room inbetween that currently serves as a cofee bar with its own sink and area for a small fridge and induction stove. This is truly a GOLDMINE property waiting for the right investor to buy and HOLD and rent out for years to come to multiple families, student's, etc.
Overall, this Craftsman home near downtown Riverside offers a promising investment opportunity in a rapidly developing area.
Presented By: Cynthia Moreno with REALTY MASTERS & ASSOCIATES;
Interior Features for 3737 Shamrock Avenue
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace FeaturesLivingRoom
Fireplace Y/NYes
FlooringLaminate
Heating Y/NYes
Laundry FeaturesSeeRemarks
Street SuffixAvenue
Total Stories1
Other Rooms
Entry Level1
General for 3737 Shamrock Avenue
Additional Parcels Y/NNo
Architectural StyleCraftsman
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityRiverside
Community FeaturesBiking
ContingencyMULTIPLE OFFERS IN: Agent's please read private remarks and showing instructions before reaching out to listing agent.
CoolingSeeRemarks
CountyRiverside
Days on Market189
DirectionsOff 60 and 91 Freeway, Slightly E of Downtown Market St
ElectricStandard
Electric Expense0.0
Entry LocationFront
Fuel Expense0.0
Garage Spaces2.0
Garage Y/NYes
Gross Income4800.0
HOA0.0
HOA / Comm AssnNo
HeatingCentral
Home Warranty Y/NNo
Insurance Expense0.0
Interior FeaturesBuiltinFeatures, QuartzCounters, Bar
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, Conventional, OwnerMayCarry
Lot Size Square Feet8712.0
MLS Area252 - Riverside
MobileHomeRemainsYNNo
Net Operating Income0.0
New ConstructionNo
Number of Units Leased1
Open Parking Spaces5.0
Operating Expense0.0
Other StructuresGuestHouse, TwoOnALot
Pool FeaturesNone
PossessionSeeRemarks
Private PoolNo
Property Attached Y/NNo
Property ConditionUpdatedRemodeled
Property Sub Type AdditionalSingleFamilyResidence
Property SubTypeSingleFamilyResidence
Property TypeResidentialIncome
Rent Control Y/NNo
Security FeaturesCarbonMonoxideDetectors, SmokeDetectors
Senior Community Y/NNo
SewerSewerTapPaid
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Street NameShamrock
Tax Lot4
Tenant PaysElectricity, ExteriorMaintenance, Sewer, TrashCollection, Water
Total Actual Rent2800.0
Total Units1
Trash Expense0.0
View Y/NNo
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1921
Year Built SourceBuilder
ZoningR1
Exterior for 3737 Shamrock Avenue
Building Area Total1634.0
Crops Included Y/NNo
FencingPartial
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesFrontYard, Yard
Lot Size Acres0.2
Lot Size Area8712.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters0
Number of Separate Gas Meters0
Number of Separate Water Meters0
Open Parking Y/NNo
Parking FeaturesDrivewayLevel, Driveway, RVAccessParking
Road Frontage TypeCityStreet
SpaNo
Total Parking7.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480