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2029 Patterson Street
Riverside, CA 92507
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.
PROPERTY INFORMATION
| MLS # | NP24212367 | Lot Size | 13,068 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Triplex |
| Price | $ 1,250,000
Price Per SqFt: $ 424 |
DOM | 198 Days |
| Address | 2029 Patterson Street | Type | Residential Income |
| City | Riverside | Sq.Ft. | 2,951 Sq. Ft. |
| Postal Code | 92507 | Garage | 2 |
| County | Riverside | Year Built | 1916 |
| Bed / Bath | 7 / 0 | Parking | 2 |
| Built In | 1916 | Status | Active |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Electric Dryer Hookup, Gas Dryer Hookup, In Kitchen, Washer Hookup |
| Has Fireplace | No |
| Fireplace Information | None |
| Has Heating | Yes |
| Heating Information | Central |
| Has Cooling | Yes |
| Cooling Information | Central Air |
| Flooring Information | Vinyl |
| InteriorFeatures Information | Ceiling Fan(s), Open Floorplan, Quartz Counters, Recessed Lighting |
| EntryLocation | ground |
| Entry Level | 1 |
| WindowFeatures | Double Pane Windows |
EXTERIOR FEATURES
| FoundationDetails | Slab |
| Roof | Composition |
| Has Pool | No |
| Pool | None |
| Has Fence | Yes |
| Fencing | Block, Wrought Iron |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,333
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 10/15/2024 | Listed | $1,250,000 |
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Listing provided courtesy of Aaron Khosh, Berkshire Hathaway HomeService. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
