3469 Lime St, Riverside, CA 92501
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Property image
PENDING

3469 Lime St
Riverside, CA 92501

Downtown
  • 5 Beds
  • 5 Baths
  • 2,056 sqft

$1,075,000

Est. Mortgage $6,536/mo*

$1,075,000

Est. Mortgage $6,536/mo*
5 Beds
5 Baths
2,056 sqft

Home Highlights

Climate Control
Heating & Cooling
Price/Sqft
$523
Listed
180+ days ago

Local Information

  • Map ViewExplore the area around 3469 Lime St.
-- mins to
Commute Destination

About this House

We are pleased to present 3469 Lime Street, a five-unit apartment property located just steps from the heart of Downtown Riverside and only 0.4 miles from the Mission Inn. Priced at $1,075,000, or $215,000 per unit, the offering provides investors with stable income and a favorable day-one cap rate. The property consists of five one-bedroom, one-bath units. The lower units feature private patio areas, while the upper units offer individual balconies, enhancing tenant appeal and supporting long-term retention. Built in 1986 on a 3,920 square foot lot, the property delivers comfortable and well-located housing in a walkable neighborhood close to Riverside's dining, retail, and cultural amenities. Its proximity to Downtown Riverside and the Mission Inn District drives consistent demand for smaller units, contributing to strong occupancy and reliable cash flow. Based on the current rent roll of $7,454 and the pro forma rent roll of $8,975, the property offers an immediate $1,521monthly upside, representing a 20.41% increase from existing income levels. In addition to this current upside, an owner who chooses to issue allowable rent increases under AB 1482 can further improve returns. With the ability to raise rents by up to 7.5%, investors can increase income within the first few months of ownership, elevating the projected cap rate to 6.15%. 3469 Lime Street presents an excellent opportunity to acquire a Downtown Riverside asset with private outdoor spaces, strong tenant demand drivers, and clear income growth supported by both existing upside and allowable rent adjustments.

Home Details for 3469 Lime St

Interior Features

Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 5
Dimensions and Layout
Living Area: 2056 Square Feet
Heating & Cooling
Heating: OtherHas CoolingAir Conditioning: OtherHas HeatingHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 2Levels: Two

Exterior Features

Exterior Home Features
Other Structures: Other
Parking & Garage
No CarportNo GarageNo Attached GarageParking: Other

Days on Market

Days on Market: 180+

Property Information

Year Built
Year Built: 1986
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Property Information
Parcel Number: 213171021

Price & Status

Price
List Price: $1,075,000Price Per Sqft: $523
Status Change & Dates
Off Market Date: Thu Apr 30 2026

Active Status

MLS Status: Pending

Location

Direction & Address
City: Riverside

Agent Information

Listing Agent
Listing ID: 25621531

Building

Building Area
Building Area: 2056 Square Feet

Lot Information

Lot Area: 3920.4 sqft

Listing Info

Special Conditions: Standard

Miscellaneous

Mls Number: 25621531
Last check for updates: about 10 hours ago
Listing courtesy of Oscar Diaz DRE # 02022902, (213) 999-2124
Marcus & Millichap, (310) 909-5500
Source: CLAW, MLS#25621531
Also Listed on CRMLS.

Market trends in Riverside

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$657K
$6.67K
MoM
Sale-to-List Price
100.0%
Price per sq ft
$382
$2
MoM
Available listings
697
15
MoM

Price and Tax history

DateEventPrice
Aug 11, 2026
Source: CLAW #25621531
Pending
$1,075,000
May 1, 2026
Source: CLAW #25621531
ListingRemoved
$1,075,000
Nov 21, 2025
Source: CLAW #25621531
Listed For Sale
$1,075,000
May 30, 2022
Source: Zillow Rental Network Premium
ListingRemoved
May 23, 2022
Source: Zillow Rental Network Premium
Listed For Rent
$1,000

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Home Value

Trulia Estimate
$1.04M
Since last month
Decreased$6K (-0.6%)
Since last year
Increased$131K (+14.4%)
Since last sale
Increased$228K (+28.1%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +27% in the last 10 years
MonthEstimated value
2026
August 2026$1.04M
July 2026$1.04M
June 2026$1.04M
May 2026$1.05M
April 2026$1.04M
March 2026$1.05M
February 2026$1.04M
January 2026$1.05M
2025
2024
2023
2022
2021
2020

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
0.11
Multi-Family Home
$763,000
01/26/26
6
3
2,145
0.07
Multi-Family Home
$550,000
08/28/25
3
3
1,950
0.32
Multi-Family Home
$675,000
10/24/25
5
3
1,952
0.40
Multi-Family Home
$760,000
11/17/25
5
4
2,400
0.90
Multi-Family Home
$760,000
10/15/25
6
4
2,214
0.95
Multi-Family Home
$685,000
01/05/26
5
3
1,914
0.64
Multi-Family Home
$675,000
12/12/25
4
2
2,004
0.57
Multi-Family Home
$630,000
02/04/26
2
2
1,216
1.06
Multi-Family Home
$625,000
02/27/26
4
2
1,641
1.04
Multi-Family Home
$850,000
05/01/26
7
5
4,461

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
0.03
-
5
3
1,596
Off Market
0.05
$850,700
2
-
2,302
Off Market
0.07
$555,400
3
3
1,950
Off Market
0.11
$763,000
6
3
2,145
Recently Sold
0.12
$597,500
5
2
1,230
Off Market
0.15
$510,000
5
3
1,962
Recently Sold
0.20
$683,800
3
3
2,060
Off Market
0.23
$667,900
3
2
1,681
Off Market
0.24
$470,000
2
1
832
Recently Sold
0.25
$674,900
3
3
1,742
Off Market
0.26
$786,400
5
3.5
2,500
Off Market
0.26
$640,000
2
2
999
Recently Sold

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Downtown

At least 116 Trulia users voted on each feature.
  • 92 % Say there are sidewalks

  • 83 % Say it's dog friendly

  • 80 % Say it's walkable to restaurants

  • 76 % Say yards are well-kept

  • 74 % Say car is needed

  • 67 % Say there's holiday spirit

  • 65 % Say parking is easy

  • 64 % Say streets are well-lit

  • 56 % Say it's walkable to grocery stores

  • 54 % Say there's wildlife

  • 48 % Say neighbors are friendly

  • 48 % Say kids play outside

  • 47 % Say they plan to stay for at least 5 years

  • 46 % Say it's quiet

  • 43 % Say people would walk alone at night

  • 26 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Mrvargas1987
    "Heading to the main streets there are many cars that don’t check when turning. Traffic can be a con if your pet likes to run off. "
  • Lucila Luna
    "I don’t have anything to say, I think everyone is aware of their surroundings and that’s what I taught my children. "
  • Trulia User
    "I been leaving here in Riverside for 3 years Is a great place to leave but homeless people, and crackhead could be a problem sometimes "
  • Trulia User
    "Very neighborly and small town environment. Architectural beautiful. Nice walking sidewalks and lots to see"
  • Trulia User
    "I've lived in quite a few cities in SoCal and this neighborhood is the best experience I've had. I moved here with my young son in 2018 and don't plan on leaving anytime soon. Not only is the scenery beautiful but it's family oriented, safe to walk at night, and the schools are amazing. the homes are vintage and have won Neighborhood of the Year many times. I am happy to call Downtown Riverside my home. "
  • Trulia User
    "No events to speak of but everyone is friendly and there is no drama between neighbors. Safe area where everyone watches out for each other. "
  • Patty W.
    "love downtown. living.. there are lots of trees and the architecture of the older homes is lovely. great friendly atmosphere. "
  • Erica T.
    "When downtown has festival celebrations. Wonderful library’s and museum clubs places to eat . Collages hospitals . "
  • Alyssa M. Y.
    "family friendly neighborhood, safe, quiet, beautiful area for family walks, and Bryant Elementary is absolutely amazing"
  • Angellokes
    "Wouldn’t suggest walking at night, 2 murders in less then a week and lighting is pretty bad on Victoria "
  • Lina A. G. G.
    "There’s not much traffic and my commute to my job is 5 minute driving and 15 walking to work. To go to events or anything is super close to walk there. It’s nice and safe even at night time "
  • David L.
    "I HAVE LIVED DOWNTOWN RIVERSIDE FOR 21 YEARS. IT CAN BE A VERY SCARY AREA. CRIME IS HIGH. DRUG ARE EVERY WHERE. THINGS CAN CHANGE FROM OK TO BAD IN SECONDS. "
  • David L.
    "downtown Riverside is a very dangerous area there are a lot of homeless vagrants parolee houses child molesters it is not a safe place to raise a family I have lived downtown for 20 years"
  • Jacob G.
    "Lots of homeless and transients the closer to the main streets. Very little of it the further away from the main busy part of downtown"
  • Josh J.
    "they would like Rubidoux mountain and the park. The park is also well lit at night and has a nice track."
  • Trulia User
    "Quiet and friendly neighborhood. Family and pet inclusive. Would recommend area to anyone searching for a new home."
  • Norma M.
    "Grew up in the area but recently moved. Money for property being rented is waay to high for an area infested with homeless, drugs addicts which leads to a lot of break ins."
  • TS
    "While some of the homes are redone inside, the neighborhood is still what it is. The rent is very high (as in $400 more than it should be) and not worth it."
  • Darren G. K.
    "Quiet and friendly neighborhood. Family and pet inclusive. Would recommend area to anyone searching for a new home."
  • Ellismariejennifer
    "there is to many cars and noise I would think it would bug the dogs I know it bugs me all the time I don't have any dogs though"
  • Falsexletters
    "Dogs are always being walked in this neighborhood. There are plenty of places to walk to, there can be a lot of traffic during business hours, so it might be a little more dangerous to walk a dog around these times."
  • Annie
    "easily access 91, 60, 215. RCH is 5 minutes away, kaiser riverside is 25, and corona regional medical center is 35 minutes."
  • Michelle F.
    "beautiful neighborhood with such character in the architecture. great mix of people and made forever friends with some of my neighbors on Prospect Hill. "
  • Michelle F.
    "music events, street markets, bars restaurants galore! great mix of age/ethnicity/economic background. "
  • Michelle F.
    "living downtown you get to be on the forefront of change and the evolution of a city core. it makes you connect with your community and I love the beauty that the diversity gives a neighborhood. "
  • Salgado h.
    "A lot of homeless people and they come in our yard and take showers with our hose they also sometimes sleep in our driveway "
  • Erica O.
    "Walking distance from Downtown Riverside; location of mission inn antique stores resturance bars and coffee houses. Also very close to unique and artistic park where you could walk to Rubidoux Mountain. R'mountain is a grate place to hike many go up for a nice fresh view up the mountain to see the city lights and unique view. And if your not a walker you could always go though the Santana Bike trail and test your self how far you could go. It's an active location and could always find something to do; with friendly a neighborhood everybody is welcomed "

LGBTQ Local Legal Protections

Frequently asked questions about 3469 Lime St

  • What is the estimated monthly payment for 3469 Lime St?
    Based on a $1,075,000 list price with 20% down at today's rates, the estimated monthly payment for 3469 Lime St in Riverside, CA is approximately $6,658 (about $5,535 principal & interest, $1,048 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 3469 Lime St compare to homes in Riverside?
    3469 Lime St in Riverside, CA is listed at $1,075,000, about 64% above the $657K median sale price in Riverside.
  • What do residents say about the Downtown neighborhood?
    Residents describe the Downtown neighborhood in Riverside, CA as pedestrian-friendly, dog-friendly, and walkable to restaurants. See homes for sale in Downtown, Riverside.
  • What are the closest schools to 3469 Lime St?
    The closest schools to 3469 Lime St in Riverside, CA are Central Middle School (rated 4/10), Fremont Elementary School (rated 5/10), Polytechnic High School (rated 6/10).
  • Does 3469 Lime St have air conditioning?
    Yes, 3469 Lime St in Riverside, CA has air conditioning.
  • Does 3469 Lime St have parking?
    Yes, 3469 Lime St in Riverside, CA has on-site parking.
Oscar Diaz, Marcus & Millichap, (310) 909-5500
Agent Phone: (213) 999-2124
© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2026-08-14 00:15:29 PDT. 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. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Some IDX listings have been excluded from this website.
3469 Lime St, Riverside, CA 92501 is a 5 bedroom, 5 bathroom, 2,056 sqft multi-family built in 1986. 3469 Lime St is located in Downtown, Riverside. This property is currently available for sale and was listed by CLAW on Nov 21, 2025. The MLS # for this home is MLS# 25621531.