Share This Listing

Message

945 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Four detached homes are located on a single residential parcel.
  • Dedicated laundry areas are provided for each home.
  • Three homes are reportedly available for immediate occupancy.
  • Each residence includes a private yard and separate utility metering.
  • Cul-de-sac location offers limited through traffic.
  • Flexible configuration supports investment or multigenerational ownership strategies.

Executive Summary

3879 Dykes Lane presents a rare opportunity to acquire four detached residential homes situated on a single parcel in Riverside's Arlington area. The property offers a flexible ownership structure that can support a variety of investment and occupancy strategies, including traditional rental operations, multigenerational living arrangements, or an owner-occupant model with supplemental rental income. Each residence is reported to have its own private yard, separate utility meters, and dedicated laundry area, providing operational independence and tenant appeal.
The asset benefits from a cul-de-sac setting within an established residential neighborhood and offers convenient access to major Riverside transportation corridors, retail services, schools, and employment centers throughout the Inland Empire. Riverside continues to serve as a key population and employment hub within Southern California, supporting long-term housing demand from both residents and workforce households.
With three of the four homes reportedly available for immediate occupancy, buyers may have the ability to implement renovation programs, adjust leasing strategies, or accommodate extended family needs without waiting for future turnover. The combination of multiple detached dwellings, independent utility configurations, and a sizable residential parcel creates a distinctive offering that is difficult to replicate in today's market. This property provides investors with the opportunity to acquire a multifamily asset that functions more like a collection of individual homes while maintaining the efficiencies of a single ownership structure.

Property Facts

Price $2,212,376 CAD
Price Per Unit $553,094 CAD
Sale Type Investment
Cap Rate 6.68%
Sale Condition High Vacancy Property
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Single-Family Home
Building Class B
Lot Size 0.42 AC
Building Size 4,300 SF
Average Occupancy 75%
No. Stories 1
Year Built/Renovated 1952/2026
Parking Ratio 3.25/1,000 SF
Zoning R3 - multi-family residential zone designated for medium-density housing, including apartments, townhomes, condominiums, triplexes, and fourplexes

Amenities

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
9+4 4 - -
Moderately walkable
60/100
Exceptionally drivable
100/100
Exceptional public transit
90/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
145-280-008
Land Assessment
$45,584 CAD
Improvements Assessment
$97,190 CAD
Total Assessment
$142,774 CAD
  • Listing ID: 41553637

  • Date on Market: 2026-08-04

  • Last Updated:

  • Address: 3879 Dykes Ln, Riverside, CA 92503

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}