Prime Riverside Property! LOCATION, LOCATION, LOCATION!!! This Triplex sits on a Corner Lot: 3499 Lemon Street & wraps around the corner. It shares 2 other addresses: 3501 and 3503 5th Street. Don’t miss this incredible opportunity to own property in one of Riverside’s most desirable and historic neighborhoods! Located just blocks from the vibrant downtown district and perfectly situated for residential, commercial, or mixed-use potential (buyer to verify zoning). Walking distance to The Mission Inn, restaurants, cafés, boutique shops, and art galleries. Close to UC Riverside, Riverside Community College, Riverside County Courthouse, Riverside City Hall, Riverside Convention Center, public transit, Metrolink, and major freeways (91, 60, and 215). This Charming 1927 TRIPLEX in the heart of Downtown Riverside and is surrounded by a thriving community of professionals, students, and creatives. The area is known for its historic charm, tree-lined streets, and cultural events. 2 UNITS are VACANT-READY for a new Tenant! Can apply for the "Mills Act" and receive Tax advantages. This triplex could be converted back to a 3 Bedroom, 3 Bath SFR HOME!! Also, potential for a ADU.
Multi-familyProperty Type
1927Year Built
4,792 sq ftLot Size
$390Est. Price/Sq.Ft.
Listed by Cindy Berg•DRE #01190975• Century 21 Discovery
Contact: 714-272-0779
Bought with Ramin Vakilzadeh•DRE #01439509• Joshua Nouri
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (2-4 Unit)
County
Riverside County
APN
213113005
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
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Last updated by owner on Feb 25, 2026.
DSP-RC
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.
Zone overlays
Raincross
Permitted uses
Include but are not limited to:
Bank
General retail
Restaurant
Housing-Multiple units
Mixed use
Mixed use development
Office
Medical office
Educational/school
Park & open space
Property details
Parking
Parking / Garage Information
Driveway
Has Parking
Interior
Laundry Information
None
Cooling Information
Ductless, See Remarks
Has Cooling
Room Information
All Bedrooms Down
Heating Information
Ductless, See Remarks
Has Heating
Interior Features
Entry Level: 1
Entry Location: Ground
Levels: One
Unit Type 1 Information
Unit Key Numeric: 11799404
Listing Key Numeric: 374346758
Actual Rent: $1,250
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 1
Furnished: Unfurnished
Total Rent: $1,250
Total # of Units: 1
Unit Type 2 Information
Unit Key Numeric: 11799405
Listing Key Numeric: 374346758
Total # of Baths: 1
# of Baths Full: 1
Furnished: Unfurnished
Total # of Beds: 1
Total # of Units: 1
Unit Type 3 Information
Listing Key Numeric: 374346758
Unit Key Numeric: 11799406
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 1
Furnished: Unfurnished
Total # of Units: 1
Expenses
Trash: $2,900
Total: $4,164
Insurance: $764
Water Sewer: $500
Multi-Unit Information
Net Operating Income: $40,836
Average 3 Bed Area Units: Sq. Ft.
Average 2 Bed Area Units: Sq. Ft.
Average 1 Bed Area Units: Sq. Ft.
Sq. Ft.
Total Building Area: 1,950
Gross Scheduled Income: $15,000
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 3
# Of Separate Electric Meters: 3
# Of Buildings: 1
Vacancy Allowance: 30000
Exterior
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: Lot-Level/Flat, Park Nearby, Yard
Property Information
Total # of Units: 3
Common Walls: 2+ common walls
Parcel Number: 213113005
Attached Property
Total # of Stories: 1
Year Built Source: Assessor
Property ADU: No
Financial
Lease / Rental Details
Operating Expense: $4,164
Tenant Pays: Cable TV, Electricity, Gas
Utilities
Utilities Information
Sewer: Public Sewer
Water Source: District/Public
Location
Neighborhood Information
Community Features: Biking, Curbs
Location Information
Latitude: 33.98403500
Longitude: -117.37028800
Directions: 91 Frwy, exit University Ave., left on Lemon St.
Zoning: R3
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Riverside County
APN: 213113005
Home facts updated by county records on Feb 25, 2026
Other
Miscellaneous Information
Exclusions: Tenants belongings including TV mounts, cameras, any Window AC's-IF APPLICABLE.
Listing Information
IDX Contact Info: 714-272-0779
Days Active in MLS: 80
Continuous Days Active in MLS: 80
Listing Agent Information
List Agent First Name: Cindy
List Agent Last Name: Berg
Listing Office Information
List Office Name: Century 21 Discovery
Selling Agent Information
Buyer Agent First Name: Ramin
Buyer Agent Last Name: Vakilzadeh
Selling Office Information
Buyer Office Name: Joshua Nouri
Around this home
Schools
Fremont Elementary School
Public K-6 • Assigned • 1.0mi
5/10
Central Middle School
Public 7-8 • Assigned • 1.2mi
4/10
Polytechnic High School
Public 9-12 • Assigned • 2.2mi
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