2029 Patterson Street, Riverside, CA 92507

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Property Description

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.


Interior Features

Laundry Information
Location(s) Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, In Kitchen
Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Flooring Information
Material Vinyl
Interior Information
Features Ceiling Fan(s), Open Floorplan, Quartz Counters, Recessed Lighting
Cooling Type Central Air

Listing Information

Address 2029 Patterson Street
City Riverside
State CA
Zip 92507
County Riverside
Listing Agent Aaron Khosh DRE #02020525
Courtesy Of Berkshire Hathaway HomeService
List Price $1,250,000
Status Active
Type Residential Income
Subtype Triplex
Structure Size N/A
Lot Size 13,068
Year Built 1916

Listing information courtesy of: Aaron Khosh, Berkshire Hathaway HomeService. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 16th, 2024 at 1:29 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.