1993 Marlborough Avenue, Riverside, California 92507, Riverside, 92507 - 8 bed, 5 bath
ACTIVE UNDER CONTRACT$1,100,000
1993 Marlborough Avenue, Riverside, California 92507
8Beds
5Baths
3,000Sqft
6,970Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Potential: The property is a triplex with three distinct units (4 bed/2 bath, 3 bed/2 bath, 1 bed/1 bath ADU), offering significant rental income potential and flexibility for investors or owner-occupants.
Top Cons:
Active Under Contract Status: The property is currently 'Active Under Contract,' limiting immediate purchase opportunities and requiring potential buyers to submit backup offers, which may not be accepted.
Compared to the nearby listings
Price:$1.10M vs avg $717.5K (+$382,500)67%
Size:3,000 sqft vs avg 2,457 sqft83%
Price/sqft:$367 vs avg $37350%
More Insights
Built in 2025 (0 years old).
Condition: This property is newly built in 2025, as explicitly stated in the description and confirmed by the pristine condition visible in all images. It features modern open-concept living areas, brand-new kitchens with crisp white (and dark grey in one unit) cabinetry, marble-look countertops, subway tile backsplashes, stainless steel appliances, and farmhouse sinks. Bathrooms are equally modern and updated. The property boasts new laminate flooring throughout, recessed lighting, energy-efficient HVAC, dual-paned windows, and paid solar panels, indicating no deferred maintenance and meeting current quality standards.
Year Built
2025
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
$367
HOA
-
Days on market
-
Sold On
-
MLS number
OC25239641
Home ConditionExcellent
Features
ViewNeighborhood
About this home
Three homes. One property. Endless possibilities! This property offers 3 units on one lot - perfect for long-term investment. The first home is 1550sf with 4 bedrooms, 2 bathrooms, and an attached 2-car garage - the perfect single-level home! The second unit is a 950sf 3 bedroom/2 bathroom, and the third is a junior ADU with one bed and bath. This property is newly built with all of the finest finishes and modern updates, including open concept living areas, paid solar panels, a beautifully landscaped lawn and yard, dual-paned windows, updated appliances, and energy-efficient HVAC. The kitchens and baths consist of crisp white cabinetry and the floors are sturdy laminate, showcasing the quality of work put into this newly-completed compound. The corner lot affords plenty of parking. Live in one and rent the others, or lease out the whole property - this is a great investment or buy-and-hold opportunity.
Condition Rating
Excellent
This property is newly built in 2025, as explicitly stated in the description and confirmed by the pristine condition visible in all images. It features modern open-concept living areas, brand-new kitchens with crisp white (and dark grey in one unit) cabinetry, marble-look countertops, subway tile backsplashes, stainless steel appliances, and farmhouse sinks. Bathrooms are equally modern and updated. The property boasts new laminate flooring throughout, recessed lighting, energy-efficient HVAC, dual-paned windows, and paid solar panels, indicating no deferred maintenance and meeting current quality standards.
Pros & Cons
Pros
Income-Generating Potential: The property is a triplex with three distinct units (4 bed/2 bath, 3 bed/2 bath, 1 bed/1 bath ADU), offering significant rental income potential and flexibility for investors or owner-occupants.
Brand New Construction: Being newly built in 2025 ensures modern design, up-to-date building codes, and minimal immediate maintenance or renovation needs, appealing to buyers seeking turn-key properties.
Energy-Efficient Features: Equipped with paid solar panels, dual-paned windows, and energy-efficient HVAC, contributing to lower utility costs and environmental benefits for future occupants.
Modern Finishes & Open Concept: Features 'finest finishes,' 'modern updates,' 'open concept living areas,' crisp white cabinetry, and sturdy laminate floors, appealing to contemporary tastes and maximizing living space.
Ample Parking & Corner Lot: The corner lot provides abundant parking, a valuable asset for a multi-unit property accommodating multiple residents and their vehicles, enhancing convenience and desirability.
Cons
Active Under Contract Status: The property is currently 'Active Under Contract,' limiting immediate purchase opportunities and requiring potential buyers to submit backup offers, which may not be accepted.
Future Occupancy/Availability: With a 'year_built' of 2025 and an 'on_market_date' in late 2025, the property is likely still under construction or not available for immediate occupancy, delaying potential rental income or move-in.
Generic Location Appeal: While located in Riverside, the description lacks specific details about premium local amenities, school districts, or unique neighborhood features that would significantly enhance its market appeal beyond its multi-unit configuration.