3848 LOCUST, Riverside, CA 92501
Commercial property · 2 recorded sales since 2026
Sold August 2026
Listing Agent: Ardavan Mofid (DRE #01098754) · Listing Office: CENTURY 21 Affiliated · Contact: 909-223-7214 · Bought with: Prashant Sampat · Pacific Avenue Realty · MLS #SW26039350 · Source: CRMLS
How this sale compares
3848 LOCUST sold for $970,000 in August 2026, 2.0% under its $990,000 list price, after 42 days on the market.
Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.
Description
EXCEPTIONAL INVESTMENT OPPORTUNITY IN DOWNTOWN RIVERSIDE'S HISTORICAL DISTRICT! Located just moments from iconic MISSION INN HOTEL & SPA, this well situated 6-UNIT property offers charm, conveniance, and strong rental appeal in one of Riverside'most desirable areas. The Unit Mix includes:TWO 2-BEDROOM/1-BATH UNITS & FOUR STUDIO UNITS Situated in the heart of Downtown Riveside Tenants enjoy close proximity to shopping, dining, entertainments, and appriciate easy access to the 91, 60 and 15 Freeways. Whether you are looking to expand your portfolio or secure a prime Multi-Unit property in a historic and high-demand location, this is an Outstanding Opportunity.
Listing description from the August 2026 sale, as reported to CRMLS.
Sale history
