Welcome to 2029 Patternson Street, an exceptional triplex investment opportunity situated on a 13,068 sq ft lot. A newly constructed ADU, completed in 2024, offers 1,199 sq ft of living space, including 3 bedrooms, 2.5 bathrooms, a 2-car garage, and separate utilities, with a projected rental income of $3,400 per month.
The front two units provide a total of 1,762 sq ft of living space. The downstairs unit consists of approx. 1,162 and offers 3 bedrooms, 2 bathrooms, in-unit laundry, and is currently rented on a month-to-month basis for $2,700. The upstairs unit is a 1-bedroom, 1-bathroom unit, approx. 600 Sq. ft. also rented month-to-month for $1,750. Both front units share utilities.
The property features a newly paved driveway and a brand-new sliding gate, providing additional privacy and security.
The front two units provide a total of 1,762 sq ft of living space. The downstairs unit consists of approx. 1,162 and offers 3 bedrooms, 2 bathrooms, in-unit laundry, and is currently rented on a month-to-month basis for $2,700. The upstairs unit is a 1-bedroom, 1-bathroom unit, approx. 600 Sq. ft. also rented month-to-month for $1,750. Both front units share utilities.
The property features a newly paved driveway and a brand-new sliding gate, providing additional privacy and security.
Property Details
Price:
$1,250,000
MLS #:
NP24212367
Status:
Active
Baths:
0
Address:
2029 Patterson Street
Type:
Residential Income
Subtype:
Triplex
Neighborhood:
252riverside
City:
Riverside
Listed Date:
Oct 13, 2024
State:
CA
ZIP:
92507
Lot Size:
13,068 sqft / 0.30 acres (approx)
Year Built:
1916
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Schools
Interior
Cooling
Central Air
Fireplace Features
None
Flooring
Vinyl
Heating
Central
Interior Features
Ceiling Fan(s), Open Floorplan, Quartz Counters, Recessed Lighting
Window Features
Double Pane Windows
Exterior
Community Features
Street Lights, Suburban
Electric
220 Volts in Garage
Fencing
Block, Wrought Iron
Foundation Details
Slab
Garage Spaces
2.00
Lot Features
Lot 10000-19999 Sqft
Parking Features
Attached Carport
Parking Spots
2.00
Pool Features
None
Roof
Composition
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
All Utilities
Utilities
Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
Map
Community
- Address2029 Patterson Street Riverside CA
- Area252 – Riverside
- CityRiverside
- CountyRiverside
- Zip Code92507
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Courtesy of Berkshire Hathaway HomeService. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.2029 Patterson Street
Riverside, CA
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