2029 Patterson Street

Riverside, CA 92507
$1,250,000
0.30 acres | #NP24212367
Courtesy of Berkshire Hathaway HomeService

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 Details
    • Interior Features
      • Interior:CeilingFans, OpenFloorplan, QuartzCounters, RecessedLighting
  • Property Details
    • Property
      • Stories:2
    • Measurements
      • Acres:0.3
    • Parking
      • Parking spaces:2
  • Construction Details
    • Type & Style
      • Property type:Multi-Family
    • Condition
      • Year built:1916
    • Material information
      • Foundation:Slab
  • Utilities / Energy Details
    • Utility
      • Sewer information:PublicSewer
      • Utility source:Public
      • Utility features:CableAvailable, ElectricityAvailable, ElectricityConnected, NaturalGasAvailable, NaturalGasConnected, PhoneAvailable, SewerAvailable, S
  • Community and Neighborhood Details
    • Location
      • County:Riverside
  • Financial Details
    • Pricing Details
      • Original List Price:$1, 250, 000
  • Other
    • Source
      • MLS #:NP24212367

Location

The Alcantara GroupReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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