About This Home

This 1-bedroom, 3-bathroom multi-family at 3342 Eucalyptus Avenue in Riverside, CA is listed for $915,000. Built in 1903, on a 0.36 acres lot.

Key Features

  • Built in 1903
  • 0.36 acre lot

Property Details

1 story
3 full
1903
Listing Description

TRIPLEX!!! 1 Bedroom & 2 Studio Units! *3342, 3344, 3340 Eucalyptus Ave., Riverside - Rare opportunity to own a beautifully renovated triplex on an oversized 15,681 square foot flat, usable lot in one of Riverside's most sought-after investment corridors, ideally positioned between Downtown Riverside and UC Riverside.

Renovated in 2024, this income-producing property blends classic Riverside character with modern updates, creating an outstanding opportunity for investors, owner-occupants, or those seeking multigenerational living. The desirable unit mix includes two studio units and one 1-bedroom, 1-bath unit, offering broad rental appeal for students, professionals, and long-term tenants.

Separate gas and electric meters for each unit provide added convenience and simplified property management. The extensive 2024 renovations give the property a fresh, updated feel while maintaining its timeless character. The oversized lot offers exceptional flexibility with space for future expansion, additional parking, outdoor living areas, or p

otential ADU development (buyer to verify), making this a property with both immediate income potential and long-term upside. The central Riverside location places the property just minutes from Downtown Riverside's restaurants, coffee shops, entertainment venues, museums, and historic attractions.

UC Riverside, Riverside City College, local hospitals, and major employment centers are all nearby, helping support consistent rental demand. Convenient access to the 91, 60, and 215 freeways makes commuting throughout the Inland Empire and surrounding areas simple.

Monthly Cost Estimate

$4,894/mo

20% down · 6.5% · 30 years

Principal$662
Interest$3,965
Insurance$267

Estimates only. Actual payments may vary.

Location

3342 Eucalyptus Avenue

Riverside, CA 92507

Questions & Answers

This 1-bedroom, 3-bathroom multi-family at 3342 Eucalyptus Avenue is listed at $915,000. The estimated monthly payment is $4,894 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1903, 0.36 acre lot.

This property is listed by Tanner Newlon and can be reached at 6266097189.

TN

Tanner Newlon

License 02120632

Agent at MARTY RODRIGUEZ REAL ESTATE

(626) 609-7189

Listed by MARTY RODRIGUEZ REAL ESTATE · Broker phone: (626) 914-6637

MLS# CV26114104· Source: California Regional Multiple Listing Service, Inc· 43 days on PropertySimple

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.

3342 Eucalyptus Avenue, Riverside, CA 92507

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