# 3080 Elgin Drive, Riverside, CA 92507 > **TL;DR:** 2bd/2ba multi-family, $1,030,000, built 1964. > Fireplace, A/C, 4-car garage. Est. $6,208/mo. Listed 4 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,030,000 | | Bedrooms | 2 | | Bathrooms | 2 full | | Year Built | 1964 | | Lot Size | 6,530 sqft (0.15 acres) | | Stories | 2 | | Garage | 4-car | | Property Type | Multi-Family (Apartment) | | Status | Active | | Days on Market | 4 | ## Why This Home Stands Out - **Large Garage** - 4-car garage ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $5,208 | | Estimated Insurance | $300 | | HOA | $700 | | **Total** | **$6,208** | ## Key Amenities - Fireplace - A/C - 4-car garage ## Property Highlights - Built in 1964 - 0.15 acre lot - 2 stories - 8 parking spaces - Fireplace ## Description ### Agent Description We are pleased to present 3080 Elgin Drive, a four-unit multifamily investment located in Riverside's University submarket, approximately two blocks from the University of California, Riverside (UCR). First offered for sale in 38 years, the property provides an investor with a rare opportunity to acquire a well-located asset with significant upside. The property consists entirely of 2BR / 1.5BA townhouse style units averaging approximately 1,050 square feet. Amenities include detached garages, private patios, on-site laundry and access to a common area pool. Gas and electricity are individually metered. Current scheduled rents range from $1,200 to $1,700 per month versus provided market-rent assumptions upwards of $2,375 per unit. The underwriting reflects scheduled rent growth from $69,600 to $114,000 and NOI growth from $41,457 to $84,525, creating a compelling value-add opportunity for an investor focused on long-term income growth. The location benefits from proximity to UCR, a growing student population and convenient regional connectivity via I-215, SR-60 and SR-91, supporting rental demand from students, families and working professionals alike. ## Location - **Address:** 3080 Elgin Drive, Riverside, CA 92507 - **County:** Riverside - **Coordinates:** 33.984944, -117.331855 - **Google Maps:** https://www.google.com/maps?q=33.984944,-117.331855 ## Listing Agent - **Name:** Sean Hwangbo · **License:** 01945497 - **Brokerage:** TNG Real Estate Consultants - **Phone:** 6266797947 - **Broker Phone:** (714) 203-8555 ## Photos ![3080 Elgin Drive - Photo 1](http://lh.rdcpix.com/43d0e449f174c6276ef421a105b22e18l-f2509546512r.jpg) ![3080 Elgin Drive - Photo 2](http://lh.rdcpix.com/43d0e449f174c6276ef421a105b22e18l-f4066166659r.jpg) ![3080 Elgin Drive - Photo 3](http://lh.rdcpix.com/43d0e449f174c6276ef421a105b22e18l-f3965893571r.jpg) ![3080 Elgin Drive - Photo 4](http://lh.rdcpix.com/43d0e449f174c6276ef421a105b22e18l-f3936020505r.jpg) ![3080 Elgin Drive - Photo 5](http://lh.rdcpix.com/43d0e449f174c6276ef421a105b22e18l-f1935814018r.jpg) ![3080 Elgin Drive - Photo 6](http://lh.rdcpix.com/43d0e449f174c6276ef421a105b22e18l-f1547454030r.jpg) ![3080 Elgin Drive - Photo 7](http://lh.rdcpix.com/43d0e449f174c6276ef421a105b22e18l-f53761519r.jpg) ![3080 Elgin Drive - Photo 8](http://lh.rdcpix.com/43d0e449f174c6276ef421a105b22e18l-f1082054216r.jpg) ![3080 Elgin Drive - Photo 9](http://lh.rdcpix.com/43d0e449f174c6276ef421a105b22e18l-f2852556257r.jpg) ![3080 Elgin Drive - Photo 10](http://lh.rdcpix.com/43d0e449f174c6276ef421a105b22e18l-f1145690055r.jpg) ![3080 Elgin Drive - Photo 11](http://lh.rdcpix.com/43d0e449f174c6276ef421a105b22e18l-f2706754358r.jpg) ![3080 Elgin Drive - Photo 12](http://lh.rdcpix.com/43d0e449f174c6276ef421a105b22e18l-f224338469r.jpg) --- **MLS#:** CV26204711 | **Updated:** 2026-09-21 **Source:** listhub *Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/3080-elgin-drive-riverside-ca-92507-26204711) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/3080-elgin-drive-riverside-ca-92507-26204711#listing", "url": "https://www.propertysimple.ai/listing/3080-elgin-drive-riverside-ca-92507-26204711", "name": "3080 Elgin Drive, Riverside, CA 92507", "description": "We are pleased to present 3080 Elgin Drive, a four-unit multifamily investment located in Riverside's University submarket, approximately two blocks from the University of California, Riverside (UCR). First offered for sale in 38 years, the property provides an investor with a rare opportunity to acquire a well-located asset with significant upside. 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