3904 Monroe St, Riverside, CA, 92504
About This Home
Great investment opportunity in the city of Riverside! This beautifully remodeled duplex features two addresses, 3904 & 3906 Monroe St, and is ideally located in a serene and established neighborhood within walking distance to California Baptist University and with convenient access to the 91 Freeway. Both units are owner occupied. The front unit offers 2 bedrooms and 1 bathroom with approximately 1,003 sq ft, while the rear unit features 2 bedrooms and 1 bathroom with approximately 862 sq ft. Both units have been fully renovated in 2025, showcasing a new roof, waterproof laminate flooring, dual-pane windows, updated kitchen cabinets, new water heaters, mini-split A/C systems, and upgraded electrical panels. This property is perfect for multi-generational living or for an owner-occupant looking to live in one unit while generating rental income from the other. Investors will also appreciate the strong rental potential in a desirable location. The property offers ample parking with an extended driveway that can accommodate multiple vehicles, leading to a one-car garage and an additional covered parking space. A backyard Children Jungle Gym structure is included with the sale.
Getting Around
Car-Dependent
Some Transit
BikeableSchools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 1951
Materials
- Foundation: Raised
- Construction materials: Drywall,Stucco
Type & Style
- Home type: MultiFamily
- Property subType: Duplex
Interior
Appliances
- Appliances included: Gas Oven,Gas Range,Microwave,Water Heater
- Laundry features: Washer Hookup,Gas Dryer Hookup,In Garage,Outside
Bedroom
- Features: All Bedrooms Down
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
Features
- Ceiling Fan(s),Quartz Counters,Recessed Lighting,All Bedrooms Down
- Window features: Double Pane Windows
- Flooring: Laminate,Tile
- Common walls with other units/homes: No Common Walls
Heating & Cooling
- Heating features: Electric
- Cooling features: Electric
Interior Area
- Total structure area: 1,865
- Total interior livable area: 1,865 sqft
Property
Details
- Parcel number: 193253003
- Zoning: R1065
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Entry location: street
- Pool features: None
- Fencing: Wire
Lot
- Lot size: 7,405 sqft
- Features: Back Yard,Front Yard,Garden
Parking
- Total spaces: 4
- Parking features: Concrete,Covered,Door-Single,Driveway,Garage,Private
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 2
- Uncovered spaces: 2
- Carport: Yes
- Carport spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Riverside County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,242 | $50,904 |
| Home Insurance * | $217 | $2,604 |
| Property Taxes | $788 | $9,456 |
| Electricity | $399 | $4,799 |
| Total | $5,646 | $67,752 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-06 | Listed for sale | $839,000 |
| 2016-06-26 | Listing removed | $300,000 |
| 2016-06-15 | Pending sale | $300,000 |
| 2016-06-15 | Listed for sale | $300,000 |
| 1997-05-29 | Sold | $85,000 |
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