3080 Elgin Dr, Riverside, CA 92507
Property image
Property image
FOR SALE
NEW - 1 HR AGO
Listed by Sean Hwangbo, TNG REAL ESTATE CONSULTANTS, (626) 679-7947

$1,030,000

  • 8 Beds
  • 8 Baths
  • 4,200 sqft

3080 Elgin Dr, Riverside, CA 92507

University
Est. Mortgage $7,089/mo*
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Home Highlights

Multi-Family
Built in 1964
$245/sqft
Garage
HOA $550/mo

Local Information

  • Map ViewExplore the area around 3080 Elgin Dr.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

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.

Home Details for 3080 Elgin Dr

Interior Features

Beds & Baths
Number of Bedrooms: 8Number of Bathrooms: 8
Appliances & Utilities
Laundry: Laundry Room,Outside
Heating & Cooling
Has CoolingAir Conditioning: Wall/Window Unit(s)
Fireplace & Spa
Fireplace: Living RoomHas a Fireplace
Windows, Doors, Floors & Walls
Common Walls: 2+ Common Walls
Levels, Entrance, & Accessibility
Number of Stories: 2Entry Location: 1

Exterior Features

Exterior Home Features
No Private Pool
Parking & Garage
Number of Garage Spaces: 4Number of Covered Spaces: 4Open Parking Spaces: 4Has a GarageParking Spaces: 8Parking: Garage
Pool
Pool: Community, Association
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Days on Market

Days on Market: <1 day on Trulia

Property Information

Year Built
Year Built: 1964
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Not a New ConstructionAttached To Another StructureNo Additional Parcels
Property Information
Parcel Number: 250121012

Price & Status

Price
List Price: $1,030,000Price Per Sqft: $245
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Active

Location

Direction & Address
City: Riverside

Agent Information

Listing Agent
Listing ID: CV26204711

Building

Building Area
Building Area: 4200 Square Feet

Community

Community Features: Sidewalks, PoolNot Senior Community

HOA

HOA Name: University TownhomesHOA Phone: 760-266-7100Association for this Listing: California Regional MLSHas an HOAHOA Fee: $550/Monthly

Lot Information

Lot Area: 6529 sqft

Listing Info

Special Conditions: Standard, Trust

Offer

Contingencies: N/AListing Terms: Submit

Rental Terms, Policies & Fees

No Rent Control

Miscellaneous

Mls Number: CV26204711Living Area Range Units: Square FeetAttribution Contact: 6266797947Common Interest: Community ApartmentUniversal Property Id: US-06065-N-250121012-R-N

Additional Information

HOA Amenities: Clubhouse,Maintenance Grounds,Maintenance Front Yard,Barbecue,PoolSource Internet Entire Listing Display

Around this home

Neighborhood Overview

University
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about University

At least 127 Trulia users voted on each feature.

  • 89 % Say there are sidewalks

  • 85 % Say it's dog friendly

  • 78 % Say car is needed

  • 71 % Say it's walkable to grocery stores

  • 66 % Say streets are well-lit

  • 64 % Say parking is easy

  • 62 % Say it's walkable to restaurants

  • 62 % Say there's holiday spirit

  • 54 % Say yards are well-kept

  • 48 % Say kids play outside

  • 46 % Say there's wildlife

  • 45 % Say it's quiet

  • 43 % Say people would walk alone at night

  • 42 % Say neighbors are friendly

  • 30 % Say they plan to stay for at least 5 years

  • 23 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Nice area, people can be loud at night which can be annoying. Good proximity to ucr and rcc. Not safe to walk at night as a woman alone, but where is? "
    0
    Flag
  • Trulia User
    "nice neighborhood, friendly neighborhood, parking not great but okay, close to shops and schools, quiet."
    0
    Flag
  • Trulia User
    "It's a university town but luckily we live in apartments with students with kids. It makes it a great place to live and people to relate to. I enjoy the area but if I weren't a student it would be out of my price range "
    1
    Flag
  • Trulia User
    "No activities are done in my neighborhood nor in any of the nearby places. Next to the university so you see more student traffic"
    1
    Flag
  • Trulia User
    "It’s a quiet neighborhood where people walk their dogs and are friendly. The wildlife can be abundant with wild donkeys, skunks and coyotes seen regularly "
    1
    Flag
  • Trulia User
    "the neighborhood is very friendly but not many events happen here usually some religious things hapoen "
    0
    Flag
  • Trulia User
    "Very friendly, everyone keeps to themselves, a lot of college students, next to university of California Riverside, plenty of food , coffee, and grocery stores, shopping, transportation "
    0
    Flag
  • Alissa S.
    "My neighborhood is clean and quiet and safe. You will never have to worry about taking your kids outside to play. Everyone is nice and says hello and asks about how you are doing. Great place to raise kids. "
    2
    Flag
  • David R.
    "It’s nice. I like it. Very close to parks, restaurants, and nightlife. Everything you wanna do is close by"
    0
    Flag
  • Robert P.
    "Close to downtown and major freeways. Most here are really kind and friendly! No crimes that I've noticed either!"
    1
    Flag
  • DAViDATiOUS
    "Riverside Art Walk and other downtown food and art festivals, UC Riverside sports events, concerts, shows, and stageplays."
    0
    Flag
  • Wesley M.
    "Great neighborhood no crime great area to raise children good schools nearby and lots of family restaurants in area. Local residents can be found on runs or long walks through the local parks."
    5
    Flag
  • Rocio A.
    "it's pretty calm, parking can be a hassle sometimes but you definitely get peace and quiet living here :)"
    18
    Flag
  • Malakikaki
    "I live in my neighborhood for almost five years. Neighbors are very friendly and we watched each other"
    14
    Flag
  • Lorrainehuerta
    "there is a lot of traffic and too many homeless people living in their tents. the rent is very expensive"
    10
    Flag
  • Jeneanwit
    "There's a big homeless population that the city makes small efforts to contain. There's lots of University students in and around town."
    6
    Flag
  • Jeneanwit
    "The diversity and history around every corner. There is lots to do in and around the University. Other than the hot temps the area is pleasant to be in."
    2
    Flag
  • Jeneanwit
    "Its rich history in Citrus trees and farmin. Though I haven't been to a community event, the city never ceases to pass up the opportunity to get the community together."
    2
    Flag
  • Chaneka D.
    "I’ve lived in this neighborhood for 18 years. It’s pretty quiet even when the neighbors have a party. It’s close to the college & freeways. "
    4
    Flag

Market trends in Riverside

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$676K
$20KMoM
Sale-to-List Price
100.0%
Price per sq ft
$378
$4MoM
Available listings
703
4MoM

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1993 Marlborough Ave, Riverside, CA
1.01
Multi-Family Home
$1,150,000
02/03/26
8
5
3,000
1971 7th St, Riverside, CA
1.43
Multi-Family Home
$685,000
01/05/26
5
3
1,914
1195 W Spring St, Riverside, CA
1.90
Multi-Family Home
$855,000
08/27/26
7
5
3,264
2121 Down St, Riverside, CA
1.49
Multi-Family Home
$625,000
02/27/26
4
2
1,641
1480 7th St, Riverside, CA
0.88
Multi-Family Home
$5,500,000
08/11/26
49
25
22,576
3352 Franklin Ave, Riverside, CA
1.52
Multi-Family Home
$675,000
12/12/25
4
2
2,004
2431 12th St, Riverside, CA
1.96
Multi-Family Home
$760,000
10/15/25
6
4
2,214
3049 Mulberry St, Riverside, CA
1.91
Multi-Family Home
$675,000
10/24/25
5
3
1,952
3311 Lime St, Riverside, CA
2.08
Multi-Family Home
$763,000
01/26/26
6
3
2,145
3469 Lime St, Riverside, CA
2.13
Multi-Family Home
$1,000,000
08/24/26
5
5
2,056

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
2989 Canyon Crest Dr, Riverside, CA 92507
0.04
$1,236,400
8
8
4,200
Off Market
1010 Minerva Ct, Riverside, CA 92507
0.10
$616,000
4
2
1,320
Off Market
1050 Athena Ct, Riverside, CA 92507
0.14
$595,000
4
2
1,320
Recently Sold
1050 Minerva Ct, Riverside, CA 92507
0.14
$594,400
4
2
1,320
Off Market
2857 Don Goodwin Dr, Riverside, CA 92507
0.14
$589,300
3
2
1,367
Off Market
2837 Don Goodwin Dr, Riverside, CA 92507
0.15
$642,600
3
2
1,439
Off Market
2891 Canyon Crest Dr #32, Riverside, CA 92507
0.17
$342,000
2
2
900
Recently Sold
1080 Massachusetts Ave, Riverside, CA 92507
0.19
$591,400
3
2
1,248
Off Market
1025 Altura Dr, Riverside, CA 92507
0.18
$605,000
3
2
1,200
Recently Sold
2891 Canyon Crest Dr #1, Riverside, CA 92507
0.18
$271,100
1
1
752
Off Market
2891 Canyon Crest Dr #15, Riverside, CA 92507
0.18
$350,000
2
2
900
For Sale

Price and Tax history

DateEventPrice
Sep 18, 2026
Source: CRMLS #CV26204711
Listed For Sale
$1,030,000

LGBTQ Local Legal Protections

Sean Hwangbo, TNG REAL ESTATE CONSULTANTS
Agent Phone: (626) 679-7947
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-18 00:45:26 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Frequently asked questions about 3080 Elgin Dr

  • What is the estimated monthly payment for 3080 Elgin Dr?
    Based on a $1,030,000 list price with 20% down at today's rates, the estimated monthly payment for 3080 Elgin Dr in Riverside, CA is approximately $6,635 (about $5,556 principal & interest, $1,004 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 3080 Elgin Dr compare to homes in Riverside?
    3080 Elgin Dr in Riverside, CA is listed at $1,030,000, about 52% above the $676K median sale price in Riverside.
  • What do residents say about the University neighborhood?
    Residents describe the University neighborhood in Riverside, CA as pedestrian-friendly, dog-friendly, and walkable to grocery stores. See homes for sale in University, Riverside.
  • What are the closest schools to 3080 Elgin Dr?
    The closest schools to 3080 Elgin Dr in Riverside, CA are Highland Elementary School (rated 4/10), John W. North High School (rated 5/10), University Heights Middle School (rated 5/10).
  • Does 3080 Elgin Dr have air conditioning?
    Yes, 3080 Elgin Dr in Riverside, CA has air conditioning.
  • Does 3080 Elgin Dr have a pool?
    Yes, 3080 Elgin Dr in Riverside, CA has a pool.
3080 Elgin Dr, Riverside, CA 92507 is a 8 bedroom, 8 bathroom, 4,200 sqft multi-family built in 1964. 3080 Elgin Dr is located in University, Riverside. This property is currently available for sale and was listed by CRMLS on Sep 18, 2026. The MLS # for this home is MLS# CV26204711.