Exceptional opportunity to own a beautifully updated and well-maintained income producing triplex in historic Downtown Riverside. This property features a downstairs studio apartment (Unit 1 - 372 sqft), a downstairs 2 bedroom, 1 bathroom apartment (Unit 2 - 982 sqft), and an upstairs 2 bedroom, 1 bathroom apartment (Unit 3 - 906 sqft). All apartments are rented, with Unit 1’s tenant occupying since 2019 and Unit3’s tenant occupying since 2021; Unit 3 was recently re-rented in May 2026. A wonderful attribute of this property is that it has been thoroughly modernized while maintaining its historic charm. Improvements have been numerous including complete re-plumbing with Pex, replaced drain lines, complete electrical re-wire, installation of dual pane windows and new doors, updated kitchens, updated bathrooms including salvaging claw foot tubs in all units, updated flooring throughout, newer water heater, updated window blinds, added mini-split in Unit 3, upgraded insulation, interior and exterior painting, renovated landscape and hardscape, and more! Tenants enjoy an on-site communal laundry room with coin-operated machines, which are leased by owner, as well as a fully-enclosed and private backyard. This is a legal triplex with 3 electric meters, 3 gas meters and one water meter which is paid by owner. Conveniently close to Downtown shopping, restaurants, UCR, RCC, city services, churches, freeways, public transportation including Metrolink and more. Whether you're looking to expand your investment portfolio, generate immediate rental income, or explore other possibilities, this property offers versatility and long-term upside in one of Riverside’s most sought-after rental areas. All pictures shown are when the units were last vacant. All units are currently rented – please do not disturb occupants or walk property without approval.
For sale
Listed by: WESTCOE REALTORS INC • NATALIE JOHNSON • Contact: 951-347-5188
$799,900
3452 Mulberry St, Riverside, CA 92501
4beds
3baths
2,260sqft
Triplex
Built in 1911
-- sqft lot
$791,000 Zestimate®
$354/sqft
$-- HOA
What's special
- 14 days
- 385
- 40
Zillow last checked:
Listing updated:
Listed by:
NATALIE JOHNSON DRE #01442599 951-347-5188,
WESTCOE REALTORS INC
Source: CRMLS,MLS#: IV26177213
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Rooms
- Room types: Bedroom, Kitchen, Laundry, Living Room, Other
Bedroom
- Features: Bedroom on Main Level
Heating
- Central, Ductless, Wall Furnace
Cooling
- Ductless, Wall/Window Unit(s)
Appliances
- Included: Dishwasher, Free-Standing Range, Microwave, Refrigerator, Water Heater
- Laundry: Inside, Laundry Room, See Remarks
Features
- Built-in Features, Ceiling Fan(s), Granite Counters, High Ceilings, Laminate Counters, Open Floorplan, Recessed Lighting, Bedroom on Main Level
- Flooring: Carpet, Laminate, Vinyl
- Windows: Blinds, Double Pane Windows
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,260
- Total interior livable area: 2,260 sqft
Property
Parking
- Parking features: On Street
Accessibility
- Accessibility features: Safe Emergency Egress from Home
Features
- Levels: Two
- Stories: 2
- Entry location: Front
- Pool features: None
- Spa features: None
- Fencing: Block,Chain Link,Wood
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 3,920 Square Feet
- Features: Front Yard, Level, Near Public Transit, Rectangular Lot, Walkstreet, Yard
Details
- Parcel number: 213132004
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Craftsman
- Property subtype: Triplex
Materials
- Wood Siding
- Foundation: Raised
- Roof: Composition,Shingle
Condition
- Turnkey
- New construction: No
- Year built: 1911
Utilities & green energy
- Electric: Electricity - On Property
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Curbs, Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Riverside
Financial & listing details
- Price per square foot: $354/sqft
- Tax assessed value: $269,031
- Date on market: 9/1/2026
- Cumulative days on market: 14 days
- Listing terms: Cash,Cash to New Loan,Submit
- Inclusions: Refrigerators
- Exclusions: Leased washer and dryer
- Total actual rent: 4810
- Tenant pays: Electricity, Gas, See Remarks
- Road surface type: Paved
Estimated market value
$791,000
$751,000 - $831,000
$2,517/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/2/2026 | Listed for sale | $799,900+175.8%$354/sqft |
Source:  CRMLS #IV26177213 Report a problem | ||
| 8/8/2008 | Sold | $290,000-17.1%$128/sqft |
Source: Public Record Report a problem | ||
| 11/30/2007 | Sold | $350,000+48.9%$155/sqft |
Source: Public Record Report a problem | ||
| 5/23/2005 | Sold | $235,000-41.3%$104/sqft |
Source: Public Record Report a problem | ||
| 4/30/2004 | Sold | $400,000+273.8%$177/sqft |
Source: Public Record Report a problem | ||
| 8/29/2001 | Sold | $107,000+42.7%$47/sqft |
Source: Public Record Report a problem | ||
| 8/3/1999 | Sold | $75,000$33/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $269,031 +2% |
| 2025 | $3,047 +3.3% | $263,757 +2% |
| 2024 | $2,950 +0.4% | $258,586 +2% |
| 2023 | $2,937 -35.7% | $253,517 -36.6% |
| 2022 | $4,569 +60% | $400,000 +64.2% |
| 2021 | $2,856 +0.7% | $243,675 +1% |
| 2020 | $2,835 +1.9% | $241,178 +2% |
| 2019 | $2,783 +1.9% | $236,450 +2% |
| 2018 | $2,730 +1.8% | $231,814 +2% |
| 2017 | $2,683 | $227,270 +2% |
| 2016 | $2,683 +8.1% | $222,815 +1.5% |
| 2015 | $2,481 +0.9% | $219,470 +2% |
| 2014 | $2,458 | $215,172 +0.5% |
| 2013 | -- | $214,200 -28% |
| 2012 | -- | $297,317 +2% |
| 2011 | -- | $291,488 +0.8% |
| 2010 | -- | $289,312 -0.2% |
| 2009 | -- | $290,000 -33% |
| 2008 | -- | $432,971 +2% |
| 2007 | -- | $424,482 +2% |
| 2006 | -- | $416,160 +2% |
| 2005 | -- | $408,000 +273.8% |
| 2003 | -- | $109,140 +2% |
| 2002 | -- | $107,000 +39.9% |
| 2001 | $868 +1.7% | $76,500 +2% |
| 2000 | $853 | $75,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Downtown
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