Listed by Mark Bridge, Mark Bridge, Broker, (949) 474-4004 . Bought with Coldwell Banker Envision
3881 5th St
Riverside, CA 92501
Downtown- 8 Beds
- 6 Baths
- 4,340 sqft
8 Beds
6 Baths
4,340 sqft
Local Information
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Description
3881 5th Street is located in the heart & robust rental market of Downtown Riverside, California. Built in 1930 and updated in 2022 & 2023. The
property consists of 4,340 rentable square feet and is comprised of a unit mix of two 2 Bed / 1 Bath, two 1 Bed + Den / 1 Bath and two 1 Bed / 1 bath units. The property is situated on a 0.18- acre lot and includes 4 private garages with street parking also available. The property is separately metered for gas and electric with a community laundry room. The current ownership has renovated all the interiors including a new block wall and gates. Each unit was tastefully remodeled with new flooring, windows, cabinets, stove, microwave, countertops, sink, toilet, vanity, shower, AC, recessed lighting and ceiling fans throughout. The “heavy lifting” is complete and should appeal to an investor looking for a bite size, turnkey property located in Downtown Riverside surrounded by tremendous job opportunity within walking distance for the tenants to choose from.
Riverside is in the county seat of Riverside County; California and it is the most populous in the county. The United States Census Bureau estimated its 2019 population at 325,000, making Riverside the 12th most-populous city in California. Riverside is in Southern California, adjacent to the 60, 91 & 215 freeways and 38 miles to Disneyland, 69 miles to LAX Airport and 54 miles to Palm Springs . Founded in 1883, the city is part of the Greater Los Angeles Area, the second largest metropolitan area in the United States, with almost 18 million residents in 2020. Downtown Riverside is a very densely populated area consisting of Luxury Hotel, Office, Retail, restaurants and entertainment all within walking distance of the subject property. The local apartment market in the city of Riverside remains strong, and thus this property offers an investor the ability to capture quality residents seeking a well-located neighborhood with convenient access to a wide variety of employment opportunities, retail, transportation and educational amenities. The overall demand for well-located apartments will be a key driver in the continued growth in Riverside, California.
property consists of 4,340 rentable square feet and is comprised of a unit mix of two 2 Bed / 1 Bath, two 1 Bed + Den / 1 Bath and two 1 Bed / 1 bath units. The property is situated on a 0.18- acre lot and includes 4 private garages with street parking also available. The property is separately metered for gas and electric with a community laundry room. The current ownership has renovated all the interiors including a new block wall and gates. Each unit was tastefully remodeled with new flooring, windows, cabinets, stove, microwave, countertops, sink, toilet, vanity, shower, AC, recessed lighting and ceiling fans throughout. The “heavy lifting” is complete and should appeal to an investor looking for a bite size, turnkey property located in Downtown Riverside surrounded by tremendous job opportunity within walking distance for the tenants to choose from.
Riverside is in the county seat of Riverside County; California and it is the most populous in the county. The United States Census Bureau estimated its 2019 population at 325,000, making Riverside the 12th most-populous city in California. Riverside is in Southern California, adjacent to the 60, 91 & 215 freeways and 38 miles to Disneyland, 69 miles to LAX Airport and 54 miles to Palm Springs . Founded in 1883, the city is part of the Greater Los Angeles Area, the second largest metropolitan area in the United States, with almost 18 million residents in 2020. Downtown Riverside is a very densely populated area consisting of Luxury Hotel, Office, Retail, restaurants and entertainment all within walking distance of the subject property. The local apartment market in the city of Riverside remains strong, and thus this property offers an investor the ability to capture quality residents seeking a well-located neighborhood with convenient access to a wide variety of employment opportunities, retail, transportation and educational amenities. The overall demand for well-located apartments will be a key driver in the continued growth in Riverside, California.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from February 21, 2024
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 3881 5th St
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Beds & Baths Number of Bedrooms: 8Number of Bathrooms: 6 |
Appliances & Utilities Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water ConnectedAppliances: Disposal, Gas Range, MicrowaveDisposalLaundry: Common AreaMicrowave |
Heating & Cooling Heating: Wall FurnaceHas CoolingAir Conditioning: Wall/Window Unit(s)Has HeatingHeating Fuel: Wall Furnace |
Fireplace & Spa Fireplace: NoneSpa: NoneNo FireplaceNo Spa |
Windows, Doors, Floors & Walls Flooring: VinylCommon Walls: 1 Common Wall |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoEntry Location: FirstFloors: Vinyl |
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Exterior Home Features Roof: Composition ShingleFencing: BlockNo Private Pool |
Parking & Garage Number of Garage Spaces: 4Number of Covered Spaces: 4Has a GarageNo Attached GarageParking Spaces: 4Parking: Assigned,Door-Single,Garage |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 154 |
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Year Built Year Built: 1938 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Mixed Use |
Building Not a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Parcel Number: 213103009 |
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Price List Price: $1,495,000 |
Status Change & Dates Off Market Date: Wed Jan 17 2024Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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Direction & Address City: Riverside |
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Building Area Building Area: 4340 Square Feet |
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Community Features: Curbs, Gutter(s), Storm Drain(s), Street Lights, Suburban, SidewalksNot Senior Community |
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Association for this Listing: California Regional MLS |
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Lot Area: 7840.8 sqft |
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Special Conditions: Standard |
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Listing Terms: Cash, Cash to New Loan |
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Expense Tenant Pays: Electricity, Gas |
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No Rent Control |
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Mls Number: OC23133911Living Area Range Units: Square FeetAttribution Contact: Mark.Bridge@cushwake.comCommon Interest: NoneUniversal Property Id: US-06065-N-213103009-R-N |
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CurbsGutter(s)Storm Drain(s)Street LightsSuburbanSidewalks |
Last check for updates: about 17 hours ago
Listed by Mark Bridge DRE #01316702
Mark Bridge, Broker
Bought with: Hannah Johnson DRE #02163166, Coldwell Banker Envision
Originating MLS: California Regional MLS
Source: CRMLS, MLS#OC23133911

Price History for 3881 5th St
| Date | Price | Event | Source |
|---|---|---|---|
| 02/20/2024 | $1,495,000 | Sold | CRMLS #OC23133911 |
| 02/03/2022 | $1,325,000 | Contingent | CRMLS #NP22007770 |
| 01/14/2022 | $1,325,000 | Listed For Sale | CRMLS #NP22007770 |
| 08/19/2020 | $977,540 | Sold | CRMLS #AR20058494 |
| 05/30/2020 | $999,000 | Pending | Agent Provided |
| 03/18/2020 | $999,000 | Listed For Sale | Agent Provided |
Comparable Sales for 3881 5th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.04 | Multi-Family Home | $582,500 | 07/31/25 | 5 | 3 | 2,884 | |
0.04 | Multi-Family Home | $582,500 | 07/31/25 | 3 | 3.5 | 2,592 | |
0.26 | Multi-Family Home | $760,000 | 11/17/25 | 5 | 4 | 2,400 | |
0.51 | Multi-Family Home | $960,000 | 07/29/25 | 6 | 4 | 2,600 | |
0.29 | Multi-Family Home | $799,000 | 06/20/25 | 6 | 4 | 3,260 | |
0.51 | Multi-Family Home | $925,000 | 07/29/25 | 5 | 4 | 2,210 | |
0.37 | Multi-Family Home | $763,000 | 01/26/26 | 6 | 3 | 2,145 | |
0.78 | Multi-Family Home | $850,000 | 05/01/26 | 7 | 5 | 4,461 | |
0.54 | Multi-Family Home | $675,000 | 10/24/25 | 5 | 3 | 1,952 | |
0.28 | Multi-Family Home | $550,000 | 08/28/25 | 3 | 3 | 1,950 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 3881 5th St.
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
49 % Say kids play outside
48 % Say neighbors are friendly
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.
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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 2026-02-09 09:51:42 PST 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
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST 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
Homes for rent near 3881 5th St
3881 5th St, Riverside, CA 92501 is a 8 bedroom, 6 bathroom, 4,340 sqft multi-family built in 1938. 3881 5th St is located in Downtown, Riverside. This property is not currently available for sale. 3881 5th St was last sold on Feb 20, 2024 for $1,495,000 (0% higher than the asking price of $1,495,000). The current Trulia Estimate for 3881 5th St is $1,434,800.