Homes for sale - 3110 3108 Lime, Riverside, CA 92501

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID IG25225510

HOA Y/N No

Year Built 1927

Lot Size 3,920 Sqft

Lot Dimensions Assessor

Property Sub-Type Duplex

Property Description

Investment Opportunity in Riverside's Historic District – Duplex with Value-Add Potential
Welcome to 3108/3110 Lime Street, a beautifully updated duplex located near Downtown Riverside, the Mission Inn, and the University of Riverside. Nestled in the city's desirable historic district, this property offers charm, functionality, and strong rental potential in one of Riverside's fastest-growing areas.
Each of the two units features its own private entryway, with an open kitchen leading into a spacious living room accented by a faux fireplace. The primary bedrooms showcase large windows, walk-in closets, and en-suite bathrooms, creating a comfortable layout for tenants. Both units have been remodeled and enjoy modern updates including a newer roof and upgraded attic insulation.
Additional highlights include on-site laundry, separate gas and electric meters, and excellent curb appeal that complements the historic character of the neighborhood. A detached garage presents an outstanding opportunity for ADU conversion, offering the potential to add a third income-producing unit and increase cash flow.
With both units currently rented, this property is a strong investment in a thriving rental market with continued upside.

Location

State CA

County Riverside

Area 252 - Riverside

Interior

Interior Features All Bedrooms Down,Bedroom on Main Level,Main Level Primary,Walk-In Closet(s)

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Laminate

Fireplaces Type None

Inclusions Refrigerator, washer and dryer

Fireplace No

Appliance Gas Oven,Gas Range,Microwave,Refrigerator,Dryer,Washer

Laundry Common Area,Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup,Outside

Exterior

Parking Features Assigned

Fence Vinyl,Wood

Pool None

Community Features Gutter(s),Street Lights,Sidewalks

View Y/N Yes

View Neighborhood

Roof Type Shingle

Total Parking Spaces 2

Private Pool No

Building

Lot Description 0-1 Unit/Acre,Sprinklers In Front,Sprinklers Timer,Sprinkler System,Yard

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Architectural Style Cottage

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 213042017

Acceptable Financing Cash,Cash to New Loan,Conventional,Contract,1031 Exchange,FHA,VA Loan

Listing Terms Cash,Cash to New Loan,Conventional,Contract,1031 Exchange,FHA,VA Loan

Special Listing Condition Standard