Sold on aug 2026

$970,000

•

— ba

•

7,100

sq ft

3848 LOCUST, Riverside, CA 92501

About this home

EXCEPTIONAL INVESTMENT OPPORTUNITY IN DOWNTOWN RIVERSIDE'S HISTORICAL DISTRICT! Located just moments from iconic MISSION INN HOTEL & SPA, this well situated 6-UNIT property offers charm, conveniance, and strong rental appeal in one of Riverside'most desirable areas. The Unit Mix includes:TWO 2-BEDROOM/1-BATH UNITS & FOUR STUDIO UNITS Situated in the heart of Downtown Riveside Tenants enjoy close proximity to shopping, dining, entertainments, and appriciate easy access to the 91, 60 and 15 Freeways. Whether you are looking to expand your portfolio or secure a prime Multi-Unit property in a historic and high-demand location, this is an Outstanding Opportunity.

Multi-familyProperty Type

1971Year Built

9,100 sq ftLot Size

$137Price/Sq.Ft.

4 car garageParking

Listed by Ardavan Mofid •DRE #01098754 • CENTURY 21 Affiliated

Contact: 909-223-7214

Bought with Prashant Sampat •DRE #01916221 • Pacific Avenue Realty

Redfin checked: 6 minutes ago

•Source:CRMLS #SW26176331

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 92501, CA

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

99.5%

0.5% MoM

Median sale price

$610K

$22K MoM

Avg. days on market

32d

1 days MoM

Recently sold homes

3 MoM

New listings for sale

$585,000
3 beds1 bath1,040 sq ft
2868 Locust, Riverside, CA 92501
$599,000
4 beds1.5 baths1,125 sq ft
3821 Carthage St, Riverside, CA 92501
$590,000
3 beds1.5 baths1,064 sq ft
4473 Main St, Riverside, CA 92501
Fiv Realty Co.
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Sale and tax history for 3848 LOCUST

Sale History
Tax History

Date

Event

Price

CRMLS #SW26176331

Aug 12, 2026

Listed

$990,000

$139/sq ft

Aug 7, 2026

Sold

$970,000

$137/sq ft

Public Records

Aug 6, 2026

Sold

$970,000

$137/sq ft

CRMLS #PW13077367

Apr 30, 2014

Sold

$470,000

$66/sq ft

Apr 7, 2014

Relisted

—

Mar 18, 2014

Pending

—

Oct 8, 2013

Price Changed

$495,000

$70/sq ft

Apr 29, 2013

Listed

$512,500

$72/sq ft

GREAT Opportunity to Purchase a FOUR-PLEX and a DUPLEX together with a total of SIX Units and FOUR GARAGES! SEPARATE METERS. ONE master for water. Walk to Mission Inn, Restraunts and Shopping. GOOD Rental income with LONG TERM TENATS! Units are not updated, HOWEVER this is RENTAL INCOME PROPERTY and THE TENANTS DO PAY AND ON TIME!! NO RENT CONTROL HERE!!! PLEASE DO NOT SUBMIT any offers at or BELOW $450,000. The SELLER WILL NOT SELL THIS PROPERTY at $450000. Property is sold AS IS! Termite ahs been completed. Tenants are LONG TERM and PAY their RENT! Subject to Cancellation to previous escrow

Public Records

Feb 15, 2008

Sold

$497,500

$70/sq ft

CRMLS #K07145931

Feb 14, 2008

Sold

$535,000

$75/sq ft

Jan 15, 2008

Listing Removed

—

Oct 4, 2007

Listed

$499,900

$70/sq ft

CRMLS #P560632

Mar 15, 2008

Sold

$497,500

$70/sq ft

Mar 7, 2008

Listing Removed

—

Feb 10, 2007

Listed

$499,900

$70/sq ft

CRMLS #Z07053872

Jun 11, 2007

Listing Removed

—

Apr 5, 2007

Listed

$575,000

$81/sq ft

Public Records

Aug 4, 2004

Sold

$525,000

$74/sq ft

CRMLS #P386301

May 12, 2004

Listing Removed

—

Apr 12, 2004

Listed

$550,000

$77/sq ft

Public Records

Aug 20, 2002

Sold

$176,000

$25/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$6,616 (+3.3%)

$183,873 + $392,268

$576,141

2024

$6,404 (+0.4%)

$183,873 + $392,268

$576,141

2023

$6,377 (+1.8%)

$180,268 + $384,577

$564,845

2022

$6,262 (+1.4%)

$176,734 + $377,037

$553,771

2021

$6,177 (+0.7%)

$173,269 + $369,645

$542,914

2020

$6,131 (+1.9%)

$169,872 + $362,398

$532,270

2019

$6,018 (+1.9%)

$168,131 + $358,683

$526,814

2018

$5,904 (+1.8%)

$164,835 + $351,650

$516,485

2017

$5,801 (+6.7%)

$158,435 + $337,996

$496,431

2016

$5,437 (+1.4%)

$158,435 + $337,996

$496,431

2015

$5,360 (+16.3%)

$155,329 + $331,369

$486,698

2014

$4,608 (−6.9%)

$140,000 + $265,000

$405,000

2013

$4,952 (−13.6%)

$140,000 + $265,000

$405,000

2011

$5,732 (+0.9%)

$216,372 + $303,881

$520,253

2010

$5,679 (+0.2%)

$212,130 + $297,923

$510,053

2009

$5,667 (−13.4%)

$210,546 + $295,698

$506,244

2008

$6,540

$211,048 + $296,401

$507,449

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

9,148 Sq. Ft.

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Multi-Family (5+ Unit)

County

Riverside County

APN

214292018

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 29, 2026.

Property details

Parking

Parking / Garage Information
# of Garage Spaces: 4
# of Parking Spaces: 4

Interior

Laundry Information
None

Interior Features
Entry Level: 1
Entry Location: Front

Unit Type 1 Information
Unit Key Numeric: 489966153
Listing Key Numeric: 489966143
Attached Garage: Yes
Total # of Beds: 2
# of Garage Spaces: 1
Furnished: Unfurnished
Total # of Units: 2

Unit Type 2 Information
Unit Key Numeric: 489966154
Listing Key Numeric: 489966143
Furnished: Unfurnished
Total # of Beds: 1
Attached Garage: Yes
# of Garage Spaces: 1
Total # of Units: 4

Expenses
Water Sewer: $45

Multi-Unit Information
Average 3 Bed Area Units: Sq. Ft.
Average 2 Bed Area Units: Sq. Ft.
Average 2 Bed Area: 1,600
Average 1 Bed Area Units: Sq. Ft.
Sq. Ft.
Total Building Area: 7,100
Gross Income: $6,700
# Of Leased Units: 6
# Of Buildings: 6

Exterior

Exterior Features
Pool Features: None

Lot Information
Elevation Units: Feet
Lot Size Source: Appraiser
Lot Features: 6-10 Units/Acre

Property Information
Total # of Units: 6
Common Walls: 1 common wall
Parcel Number: 214292018
Attached Property
Total # of Stories: 1
Year Built Source: Appraiser
Property ADU: No

Financial

Lease / Rental Details
Operating Expense: $700

Utilities

Utilities Information
Sewer: Public Sewer

Location

Neighborhood Information
Community Features: Curbs

Location Information
Latitude: 33.98389700
Longitude: -117.38037300
Directions: off the 91 fwy east, turn left and follow to Locust on cul-de-sac

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 9,148 square feet
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Riverside County
APN: 214292018

Home facts updated by county records on Oct 29, 2026

Other

Listing Information
IDX Contact Info: 909-223-7214

Listing Agent Information
List Agent First Name: Ardavan
List Agent Last Name: Mofid

Listing Office Information
List Office Name: CENTURY 21 Affiliated

Selling Agent Information
Buyer Agent First Name: Prashant
Buyer Agent Last Name: Sampat

Selling Office Information
Buyer Office Name: Pacific Avenue Realty

Around this home

Schools

Bryant Elementary School

Public K-6 • Assigned • 0.4mi

8/10

Central Middle School

Public 7-8 • Assigned • 0.9mi

4/10

Polytechnic High School

Public 9-12 • Assigned • 2.3mi

6/10

Provided by GreatSchools

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...
1 month ago • Riverside
Mayra Nicolas
Redfin agent
50 deals
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Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

8/10 Heat Factor

7 days above 102° expected this year, 18 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

10/10 Air Factor

27 unhealthy days expected this year, 32 days in 30 years

Provided by First Street

Historical weather

Riverside, CA • 92501

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

91/ 100

Exceptional sunlight

Sunscore

This home receives average direct sun exposure in Riverside. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10 hrs

6.7 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

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Home values near 3848 LOCUST

Data from public records.

Address	Redfin Estimate
3841 Locust St, Riverside, CA 4 Beds \| 2.5 Baths \| 1519 Sq. Ft.	$627,536
3891 Locust St, Riverside, CA 5 Beds \| 9 Baths \| 4426 Sq. Ft.	—

Address	Redfin Estimate
3855 Locust St, Riverside, CA 4 Beds \| 3 Baths \| 2080 Sq. Ft.	$724,497
3876 Locust St, Riverside, CA 3 Beds \| 3 Baths \| 1486 Sq. Ft.	$693,720

Address	Redfin Estimate
3873 Locust St, Riverside, CA 9 Beds \| 3 Baths \| 2200 Sq. Ft.	$533,371
3842 Locust St, Riverside, CA - Beds \| - Baths \| - Sq. Ft.	—

Property information provided by CRMLS when last listed in 2026. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 92501, CA

Homeowner tools

Sale and tax history for 3848 LOCUST

Public record

Property details

Around this home

Schools

Local insights from Redfin agents

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 92501

Home values near 3848 LOCUST

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