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Sold on 08/16/2023
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3420 Lemon St, Riverside, CA 92501

$975,000

Last sold 08/16/2023 for $831K

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    bed

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    bath

Multi-family not for sale
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About 3420 Lemon St

Property type Multi-family
Neighborhood
Year built 1940
HOA fee $0/month
Lot size 4,792 Sqft
Movoto estimate
Rental estimate
Property description
Very well kept units in the heart of Riverside, walking distance to downtown Riverside and steps away from the Mission Inn. All units have been updated with all new flooring, kitchen cabinets, bathroom vanities, ac units, dual pane windows fresh paint and more. This building is located in the historic district and priced to sell. This is a must see to appreciate! Near 215 and 60 freeway.
Listed by
Listing Agent - Kevin Watson
Listing Office - RE/MAX TIME REALTY
Source: CRMLS mls logo
MLS#CV23109640 • last updated 3 years ago
Movoto checked CRMLS for data 5 minutes ago
Overview
Levels/Style Two
Type Residential Income
SubType Quadruplex
Status Closed
Lot Size (Acres) 0.11
Lot Size (SqFt) 4792
Year Built 1940
Condition Turnkey
Interior
Laundry Inside
Flooring Wood
Appliances Gas Range, Gas Water Heater, Vented Exhaust Fan, Water Heater
Interior Features Granite Counters, Storage
Window Features Double Pane Windows, Screens
Exterior
Foundation Raised
Building Area Square Feet, 2302
Roof Shingle
Parking See Remarks, Street
Lot Description Back Yard, Front Yard, Park Nearby, Sprinkler System, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Riverside
Community Features Sidewalks, Street Lights
Zoning R-3
Directions Cross Street: Mission Inn Ave.
APN 213171002
Multifamily Details
Operating Expense 8622
Expense: Insurance 1300
Total Expenses 2944
Expense: Water/ Sewer 804
Gross Income 5678
Gross Scheduled Income 69420
Expense: Gardener 840
$975K
Range: $887K-$1.06M
Last 30 days 
Rental est.: $1,628/month
Gross rent multiplier: 42.5
  • Aug 2023
    mls logo MLS # CV23109640
  • Aug 16, 2023 Sold
    $831,000
  • Jul 31, 2023 Pending
    —
  • Jul 13, 2023 Listed
    —
  • Jun 28, 2023 Pending
    —
  • Jun 20, 2023 Listed
    $929,000 (+12.1%)
  • Aug 2023
    Public Records
  • Aug 16, 2023 Sold
    $831,000 (-10.5%)
  • Jul 2021
    mls logo MLS # CV21117337
  • Jul 1, 2021 Listed
    $829,000 (-1.2%)
  • Jun 10, 2021 Pending
    —
  • Jun 2, 2021 Listed
    $839,000 (+67.8%)
  • Oct 2018
    mls logo MLS # CV18192403
  • Oct 3, 2018 Sold
    $500,000
  • Oct 2, 2018 Sold
    $500,000 (-5.5%)
  • Aug 16, 2018 Pending
    —
  • Aug 4, 2018 Listed
    $529,000
  • Aug 4, 2018 Listed
    $529,000
  • Oct 2018
    Public Records
  • Oct 2, 2018 Sold
    $500,000
  • Year Property taxes Tax assessment
  • 2024
    $9,192 +52.0%
    $847,620 +58.29%
  • 2023
    $6,050 +1.9%
    $535,500
  • 2022
    $5,938 +1.3%
    $535,500 +3.92%
  • 2021
    $5,860 +0.8%
    $515,282
  • 2020
    $5,816
    $515,282
  • 3420 Lemon St
    $831K
  • Downtown Riverside
    $615K -8% y/y
  • 92501
    $609K -1% y/y
  • Riverside
    $682K +2% y/y
No chart available
Statistics calculated by Movoto

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4/10
Fremont Elementary School
public Grades K-6
Riverside Unified School District
4/10
Central Middle School
public Grades 7-8
Riverside Unified School District
7/10
Polytechnic High School
public Grades 9-12
Riverside Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/12/2026. 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.
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