THIS PROPERTY NEEDS A LOT OF TLC, BUT HAS HUGE POTENTIAL !! You don't want to miss this property! These 3 houses on a lot have tremendous potential!! Located within a few minutes walk to the Mission Inn and Downtown Riverside. These units are perfect for the owner that wants to live in one house and rent the other two houses. The large two story 4 bedroom 2 bath home features a master bedroom with an extra large closet, 3 good size bedrooms, a formal dining room, an enclosed Patio, inside laundry room, an office, and an extra large living room. The second and 3rd houses are located right next door at 3359 & 3369 3rd st. The second house consists of 1 bedroom, 1 bathroom, large living room, and dining area. The 3rd house features 2 bedrooms and 1 bathroom, 1 bedroom downstairs and 1 bedroom upstairs, a large living room and dining area. This property also comes with an adjacent second lot in the back of the 3rd house. The second lot features a large backyard and a 1 car garage. This property has a great upside potential, don't miss out!
Multi-familyProperty Type
1900Year Built
10,019 sq ftLot Size
$187Est. Price/Sq.Ft.
1 car garageParking
Listed by Max Ortiz•DRE #01316854• Realty One Group West
Bought with Max Ortiz•DRE #01316854• Realty One Group West
This property boasts three seperate houses on a lot, with ample parking, the first house is 4 bedrooms 2 baths with a foyer, 2nd home is 1 bed 1 bath, 3rd home is 2 beds 1 bathroom. All properties are in habitable condition. One house is currently rented, the other two units will be rented soon. New carpet, paint in 2 units. This property will not last long. This property is in Downtown Riverside, Does need cosmetic repairs. Water heater will be installed at COE in large unit. AWESOME PRICE!!!! JUST REDUCED TO AN AMOUNT THAT IS CHEAP!!! BANK WANTS IT SOLD. . The 2nd and 3rd unit to be sold with tenants in possession. The large unit will be vacant at close of escrow.
CRMLS #S352118
Jul 23, 2004
Sold
$415,000
$106/sq ft
May 11, 2004
Listed
$400,000
$102/sq ft
CRMLS #S328146
Dec 28, 2003
Listing Removed
—
Aug 28, 2003
Listed
$270,000
$69/sq ft
Public Records
Mar 15, 2001
Sold
$147,000
$37/sq ft
Public Records
Oct 17, 2000
Sold
$76,500
$19/sq ft
Public Records
Mar 7, 1997
Sold
$155,000
$40/sq ft
Public Records
Mar 29, 1996
Sold
$149,401
$38/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$7,071 (+4.6%)
$161,281 + $482,763
$644,044
2024
$6,762 (+0.5%)
$158,119 + $473,298
$631,417
2023
$6,731 (+1.9%)
$155,019 + $464,018
$619,037
2022
$6,605 (+88.3%)
$151,980 + $454,920
$606,900
2021
$3,509 (+0.8%)
$149,000 + $446,000
$595,000
2020
$3,482 (+1.9%)
$68,253 + $238,901
$307,154
2019
$3,417 (+2.0%)
$67,554 + $236,452
$304,006
2018
$3,351 (+1.8%)
$66,230 + $231,816
$298,046
2017
$3,292 (+6.8%)
$63,659 + $222,815
$286,474
2016
$3,081 (+1.4%)
$63,659 + $222,815
$286,474
2015
$3,038 (+1.0%)
$62,411 + $218,447
$280,858
2014
$3,009 (+0.5%)
$60,272 + $210,953
$271,225
2013
$2,995 (−36.0%)
$60,272 + $210,953
$271,225
2012
$4,680 (+1.7%)
$60,000 + $210,000
$270,000
2011
$4,604 (+0.9%)
$77,680 + $349,571
$427,251
2010
$4,560 (+0.2%)
$76,157 + $342,717
$418,874
2009
$4,550 (+3.0%)
$75,589 + $340,156
$415,745
2008
$4,419
$75,769 + $340,965
$416,734
Tax history for 3296 Lime St
Year
Property tax
Land + Additions
Assessment*
2025
$7,071 (+4.6%)
$161,281 + $482,763
$644,044
2024
$6,762 (+0.5%)
$158,119 + $473,298
$631,417
2023
$6,731 (+1.9%)
$155,019 + $464,018
$619,037
2022
$6,605 (+88.3%)
$151,980 + $454,920
$606,900
2021
$3,509 (+0.8%)
$149,000 + $446,000
$595,000
2020
$3,482 (+1.9%)
$68,253 + $238,901
$307,154
2019
$3,417 (+2.0%)
$67,554 + $236,452
$304,006
2018
$3,351 (+1.8%)
$66,230 + $231,816
$298,046
2017
$3,292 (+6.8%)
$63,659 + $222,815
$286,474
2016
$3,081 (+1.4%)
$63,659 + $222,815
$286,474
2015
$3,038 (+1.0%)
$62,411 + $218,447
$280,858
2014
$3,009 (+0.5%)
$60,272 + $210,953
$271,225
2013
$2,995 (−36.0%)
$60,272 + $210,953
$271,225
2012
$4,680 (+1.7%)
$60,000 + $210,000
$270,000
2011
$4,604 (+0.9%)
$77,680 + $349,571
$427,251
2010
$4,560 (+0.2%)
$76,157 + $342,717
$418,874
2009
$4,550 (+3.0%)
$75,589 + $340,156
$415,745
2008
$4,419
$75,769 + $340,965
$416,734
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
1
Stories
2
Lot width
—
Lot depth
—
Lot size
6,534 Sq. Ft.
Year renovated
1990
Sq. Ft.
414
Year built
1922
Style
Other
County
Riverside County
APN
213092025
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Nov 4, 2026.
DSP-RES
HERITAGE SQUARE HISTORIC DISTRICT
DOWNTOWN SPECIFIC PLAN
Downtown Specific Plan-Raincross District
The Raincross District is the cultural, historic, and social center of both Riverside and the region beyond. The quality of Downtown Riverside’s historic buildings and the relationship between these buildings creates an historic urban fabric unparalleled in the region. The positive image and economic health of Riverside is strongly influenced by this historic character and the protection of that is an essential part of assuring Riverside’s economic health and growth into the future. The intent of this specific plan is to create and
encourage opportunitiesfor a variety of commercial, residential and entertainment uses, including retail,office, cultural,residential, and visitorserving uses. The Raincross District encourages a concentration of uses that generate activity during both daytime and evening hours. The permitted retail uses in this District are intended to serve the specialty shopping needs of Downtown residents and employees, as well as city wide residents,regional shoppers, and tourists. The Rain cross District encourages these uses to occur as both single use buildings and as mixed-use buildings. The Raincross District is divided into two sub-areas. The center of the District is occupied by the Mission Inn Historic District, which contains Riverside’s most important historic buildings. In this sub-area the development standards have been carefully crafted to maintain a scale of development that is compatible with the well-established historic fabric ofthe district. Outside of the Mission Inn Historic
District,the development standards of the District allow greater intensity,while still assuring compatibility of the adjacent historic district and historic residential areas beyond. The development standards for the Raincross District are designed to create a place of daytime, evening and weekend activity by providing a high activity pedestrian environment with a storefront emphasis at the street level. Within the Raincross District, there are numerous local and national historic landmarks that define the district’s character, including the Mission Inn, Fox Theater, Stalder Building, Municipal Museum, Unitarian Church, Congregational Church, Municipal Auditorium, Post Office, Loring Building, and Art Museum. Preservation ofsuch structures, alongwith careful and compatible design of new development is important in maintaining the District’s character and unique sense of identity.
Cable Connected, Electricity Connected, Natural Gas Connected, Telephone - On Property, Sewer Connected
Water Source: District/Public
Location
Unit Type 1 Information
Unit Key Numeric: 10743418
Listing Key Numeric: 365364517
Actual Rent: $1,450
Total # of Baths: 2
Total # of Beds: 4
Furnished: Unfurnished
Total Rent: $1,450
Total # of Units: 1
Unit Type 2 Information
Unit Key Numeric: 10743419
Listing Key Numeric: 365364517
Actual Rent: $900
Total # of Baths: 1
Furnished: Unfurnished
Total # of Beds: 2
# of Garage Spaces: 1
Total Rent: $900
Total # of Units: 1
Unit Type 3 Information
Listing Key Numeric: 365364517
Unit Key Numeric: 10743420
Actual Rent: $850
Total # of Baths: 1
Total # of Beds: 1
Furnished: Unfurnished
Total Rent: $850
Total # of Units: 1
Expenses
Total: $12,828
Insurance: $2,600
Water Sewer: $2,400
New Taxes: $7,828
Multi-Unit Information
Net Operating Income: $25,672
Average 3 Bed Area Units: Sq. Ft.
Average 3 Bed Area: 2,636
Average 2 Bed Area Units: Sq. Ft.
Average 2 Bed Area: 808
Average 1 Bed Area Units: Sq. Ft.
Average 1 Bed Area: 480
Sq. Ft.
Total Building Area: 3,924
Gross Scheduled Income: $38,500
# Of Leased Units: 3
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 3
# Of Separate Electric Meters: 3
# Of Buildings: 3
Neighborhood Information
Community Features: Sidewalks
Location Information
Latitude: 33.98519900
Longitude: -117.36738200
Directions: Exit 91E at University, turn right on Lime st, go until it ends at 3rd st, 1st houses is located on the corner of 3rd and lime
Road Frontage Type: Access via City Streets
Road Surface Type: Paved
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 414
Stories: 2.0
Lot Size: 6,534 square feet
Style: Other
Year Built: 1922
Year Renovated: 1990
County: Riverside County
APN: 213092025
Home facts updated by county records on Nov 4, 2026
Other
Miscellaneous Information
Exclusions: Tenants personal belongings
Listing Information
Days Active in MLS: 76
Continuous Days Active in MLS: 76
Listing Agent Information
List Agent First Name: Max
List Agent Last Name: Ortiz
Listing Office Information
List Office Name: Realty One Group West
Selling Agent Information
Buyer Agent First Name: Max
Buyer Agent Last Name: Ortiz
Selling Office Information
Buyer Office Name: Realty One Group West
Around this home
Schools
K - 12
Preschool & daycare
Fremont Elementary School
Public K-6 • Assigned • 0.9mi
5/10
Central Middle School
Public 7-8 • Assigned • 1.4mi
4/10
Polytechnic High School
Public 9-12 • Assigned • 2.3mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
Riverside offers a great variety of areas to explore, from the historic charm of Downtown and the Wood Streets to the University area and newer neighborhoods like OrangeCrest. Buyers will also find local favorites such as Mount Rubidoux, Victoria...
Avenue, parks, restaurants, and plenty of outdoor spa