8342 Cypress Ave, Riverside, CA 92503
OFF MARKET
Listed by Jesse Tinajero, Century 21 Coastal Properties, (310) 371-6330 . Bought with Century 21 Coastal Properties

8342 Cypress Ave
Riverside, CA 92503

Arlanza
  • 11 Beds
  • 5 Baths
  • 3,652 sqft (on 0.47 acres)

$1,247,600

Trulia Estimate
as of Jul 8, 2026
Est. Refi. Payment $7,560/mo*
Refinance Your Home

$1,247,600

Trulia Estimate
as of Jul 8, 2026
Est. Refi. Payment $7,560/mo*
Refinance Your Home
11 Beds
5 Baths
3,652 sqft
(on 0.47 acres)

Local Information

  • Map ViewExplore the area around 8342 Cypress Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Welcome to Riverside's hidden gem! This remarkable 5-unit rental income property presents an incredible opportunity for investors seeking a profitable venture in a thriving community. Situated in a prime location, this property offers the best of both worlds: tranquility and convenience. Nestled in the heart of Riverside, residents will enjoy easy access to a wide array of amenities, including shopping centers, restaurants, parks, and entertainment options. The property's strategic location ensures excellent rental demand and consistent cash flow. Investors will appreciate the potential for steady income and long-term growth, making this an attractive addition to any investment portfolio. Don't miss this exceptional opportunity to own a lucrative 5-unit rental income property in Riverside!
8342 Cypress Ave, Riverside, CA 92503 is a 11 bedroom, 5 bathroom, 3,652 sqft multi-family in Arlanza, built in 1945. It last sold for $1,120,000 on Sep 1, 2023 (7% below the $1,200,000 asking price). It is currently off market. The Trulia Estimate is $1,247,600, with a rent estimate of $1,811/month.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Has Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 8342 Cypress Ave

Interior Features

Beds & Baths
Number of Bedrooms: 11Number of Bathrooms: 5
Appliances & Utilities
Appliances: Dryer, WasherDryerLaundry: Laundry RoomWasher
Heating & Cooling
Has CoolingAir Conditioning: Wall/Window Unit(s)
Windows, Doors, Floors & Walls
Common Walls: 2+ Common Walls
Levels, Entrance, & Accessibility
Number of Stories: 1Entry Location: Front

Exterior Features

Exterior Home Features
No Private Pool
Parking & Garage
Number of Garage Spaces: 8Number of Covered Spaces: 8Has a GarageNo Attached GarageParking Spaces: 8Parking: Assigned
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Horse Amenities: Riding Trail
Surface & Elevation
Elevation Units: Feet

Days on Market

Cumulative Days on Market: 34

Property Information

Year Built
Year Built: 1945
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Mixed Use
Building
Not a New ConstructionAttached To Another Structure
Property Information
Parcel Number: 151111016

Price & Status

Price
List Price: $1,200,000
Status Change & Dates
Off Market Date: Fri Sep 01 2023Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

Direction & Address
City: Riverside

Building

Building Area
Building Area: 3652 Square Feet

Community

Community Features: Hiking, Horse Trails, Mountainous, Park, SuburbanNot Senior Community

HOA

Association for this Listing: California Regional MLS

Lot Information

Lot Area: 0.47 acres

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash to New Loan, Conventional

Rental Terms, Policies & Fees

No Rent Control

Miscellaneous

Mls Number: SB23103801Living Area Range Units: Square FeetAttribution Contact: 951-522-1347Common Interest: NoneUniversal Property Id: US-06065-N-151111016-R-N

Additional Information

HikingHorse TrailsMountainousParkSuburban
Last check for updates: about 3 hours ago
Listed by Jesse Tinajero DRE #02128655, (951) 522-1347
Century 21 Coastal Properties
Bought with: Jesse Tinajero DRE #02128655, Century 21 Coastal Properties
Originating MLS: California Regional MLS
Source: CRMLS, MLS#SB23103801

Price History for 8342 Cypress Ave

DatePriceEventSource
09/01/2023$1,120,000Sold
CRMLS #SB23103801

Market trends in Riverside

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$636K
$4.17KMoM
Sale-to-List Price
100.0%
Price per sq ft
$390
$11MoM
Available listings
704
57MoM
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Comparable Sales for 8342 Cypress Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
9039 Colony Pl, Riverside, CA
0.64
Multi-Family Home
$1,230,000
01/14/26
9
5
4,080
9059 Colony Pl, Riverside, CA
0.61
Multi-Family Home
$1,345,300
10/21/25
8
4
3,784
8876 Cypress Ave, Riverside, CA
0.27
Multi-Family Home
$725,000
10/23/25
4
3
1,886
5875 Challen Ave, Riverside, CA
0.17
Multi-Family Home
$530,000
07/11/25
4
2
1,536
8231 Carnation Ct, Riverside, CA
0.45
Multi-Family Home
$655,000
06/16/26
4
2
1,812
10098 Campbell Ave, Riverside, CA
0.79
Multi-Family Home
$888,800
08/07/25
4
4
1,260
5510 Bushnell Ave, Riverside, CA
1.45
Multi-Family Home
$741,000
09/19/25
5
3
1,619
4031 McArthur Rd, Riverside, CA
1.49
Multi-Family Home
$640,000
12/10/25
5
2
2,527
4162 McArthur Rd, Riverside, CA
1.33
Multi-Family Home
$710,000
10/17/25
4
2
1,925
4041 McArthur Rd, Riverside, CA
1.48
Multi-Family Home
$640,000
06/01/26
4
2
1,960

Nearby homes

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Assigned Schools

These are the assigned schools for 8342 Cypress Ave.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

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

What Locals Say about Arlanza

At least 113 Trulia users voted on each feature.

  • 81 % Say car is needed

  • 77 % Say there are sidewalks

  • 73 % Say yards are well-kept

  • 69 % Say it's walkable to grocery stores

  • 68 % Say parking is easy

  • 66 % Say kids play outside

  • 66 % Say it's dog friendly

  • 63 % Say there's holiday spirit

  • 59 % Say it's walkable to restaurants

  • 54 % Say streets are well-lit

  • 53 % Say it's quiet

  • 49 % Say they plan to stay for at least 5 years

  • 43 % Say neighbors are friendly

  • 36 % Say people would walk alone at night

  • 31 % Say there's wildlife

  • 21 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "I've lived here for 45 years and it has always been nice until recently with all the homeless camping out on every end of the street."
    2
    Flag
  • Trulia User
    "the events that make our community special is that on the 4th of July they do fireworks at LA Sierra Park "
    0
    Flag
  • Shaunbdye909
    "Church gatherings and birthday parties and picnics at local parks and community centers Computer in parenting classes at the park"
    2
    Flag
  • Bethysphone
    "Cars only. The public transit in riverside is not the best. Sure there’s a lot of buses but unless you’re going in a straight line it’s gonna take forever"
    1
    Flag
  • Jesse E.
    "Needs to be kept up with probably one point in time was nice not in 2020. I pay lots of taxes and the roads and streets don’t get the proper maintenance and attention it deserves it’s a neighborhood after all "
    3
    Flag
  • C. Gallagher
    "I have lived here 42 years, it’s loud music makes it awful to live here anymore. Run down houses & yards, several cars parked on yards which is illegal, Roosters in backyard not legal for our zone. There once were so many good people here who cared, we need to bring that back."
    27
    Flag
  • Juliatrejo2015
    "Lots of families too many cars and people don’t maintain their yards or homes enough. If people cared more, the neighborhoods would be beautiful. "
    1
    Flag
  • Juan R.
    "well am not familiar with any events but its a nice neighborhood theres all kinds of stores nearby and all kinds of food places to eat and well i have alout of family members that stay around this neighborhood "
    1
    Flag
  • Mendezoscarayala
    "Everyone looks out for each other. Also i live near a park and if you wanna just meet some people to hang out with for a couple of hours there is always cool people there."
    0
    Flag
  • Kg6mcu
    "I drive to Corona via Norco it takes 40 minutes to drive to work. once I am home I don't need to drive much"
    0
    Flag
  • Darktaintdfairy
    "The green belt that runs through the backyards of the houses. The elementary and jr high school are in walking distance. "
    6
    Flag
  • Chris C.
    "Everybody respectfully watches out for one an other. Near shopping. Neighborhood is well kept up like others care of their neighborhood as well. friendly neighbors."
    17
    Flag

LGBTQ Local Legal Protections

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Homes for sale near 8342 Cypress Ave

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Off Market Homes Near 8342 Cypress Ave

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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