3469 Lime St
Riverside, CA 92501
Downtown- 5 Beds
- 5 Baths
- 2,056 sqft
5 Beds
5 Baths
2,056 sqft
Home Highlights
Climate Control
Heating & Cooling
Price/Sqft
$523
Listed
180+ days ago
Local Information
-- mins to
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
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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 |
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Exterior Home Features Other Structures: Other |
Parking & Garage No CarportNo GarageNo Attached GarageParking: Other |
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Days on Market: 180+ |
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Year Built Year Built: 1986 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Property Information Parcel Number: 213171021 |
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Price List Price: $1,075,000Price Per Sqft: $523 |
Status Change & Dates Off Market Date: Thu Apr 30 2026 |
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MLS Status: Pending |
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Direction & Address City: Riverside |
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Listing Agent Listing ID: 25621531 |
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Building Area Building Area: 2056 Square Feet |
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Lot Area: 3920.4 sqft |
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Special Conditions: Standard |
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Mls Number: 25621531 |
Last check for updates: about 7 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
Avg. sale price
$657K
$6.67KMoM
Sale-to-List Price
100.0%
Price per sq ft
$382
$2MoM
Available listings
697
15MoM
Price and Tax history
| Date | Event | Price |
|---|---|---|
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 |
Jul 23, 2020 Source: CRMLS #OC20078657 | Sold | $810,000 |
May 15, 2020 Source: Agent Provided | Pending | $825,000 |
Apr 24, 2020 Source: Agent Provided | Listed For Sale | $825,000 |
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Home Value
Trulia Estimate
$1.04MSince 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
| Month | Estimated 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 |
Around this home
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.
LGBTQ Local Legal Protections
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 $6,656 (about $5,533 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.
Some IDX listings have been excluded from this website.

