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3080 Elgin Drive
Riverside CA 92507 US

$1,030,000

Active Listing ID CV26204711
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2 bed
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2.00 Bath (2 Full)
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Lot: 0.15 Acres
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Apartment

$1,030,000

Active Listing ID CV26204711
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3080 Elgin Drive We are pleased to present 3080 Elgin Drive, a four-unit multifamily investment located in Riverside's University submarket, approximately two blocks from the University of California, Riverside (UCR). First offered for sale in 38 years, the property provides an investor with a rare opportunity to acquire a well-located asset with significant upside. The property consists entirely of 2BR / 1.5BA townhouse style units averaging approximately 1, 050 square feet. Amenities include detached garages, private patios, on-site laundry and access to a common area pool. Gas and electricity are individually metered. Current scheduled rents range from $1, 200 to $1, 700 per month versus provided market-rent assumptions upwards of $2, 375 per unit. The underwriting reflects scheduled rent growth from $69, 600 to $114, 000 and NOI growth from $41, 457 to $84, 525, creating a compelling value-add opportunity for an investor focused on long-term income growth. The location benefits from proximity to UCR, a growing student population and convenient regional connectivity via I-215, SR-60 and SR-91, supporting rental demand from students, families and working professionals alike.

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Property Features

  • Facts
  • Lot Size: 0.15 Acres
  • Property Type: Residential
  • Property Sub-type: Apartment
  • Features
  • Full Bathrooms: 2
  • Cooling System: Wall/Window Unit(s), Window Unit(s)
  • Additional Features
  • Fireplace

Property

  • propertytype: Residential
  • propertysubtype: Apartment
  • listprice: 1030000
  • unparsedaddress: 3080 Elgin Drive
  • postalcity: Riverside
  • stateorprovince: CA
  • country: US
  • postalcode: 92507
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.1499
  • lotsizeunits: Acres
  • lotsizearea: 0.1499
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Sean Hwangbo
  • listagentemail: seanhwangbo@outlook.com
  • listagentkey: 3yd-MRMLSCA-CV38612
  • listagentmlsid: CV38612
  • listagentpreferredphone: 6266797947
  • listagentofficephone: 6266797947
  • listofficekey: 3yd-MRMLSCA-51131
  • listagentstatelicense: 01945497
  • listofficemlsid: 51131
  • disclaimer: Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 1964
  • listingcontractdate: 2026-09-18
  • listagenturl: http://www.tngrealestate.com
  • countyorparish: Riverside
  • parcelnumber: 250121012
  • cooling: Wall/Window Unit(s), Window Unit(s)
  • numberofunitstotal: 4
  • fireplaceyn: True
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 8
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bathroom 1, Laundry Room, Bedroom 2, Bathroom 2, Bedroom 1
  • speciallistingconditions: Standard
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"TNG Real Estate Consultants", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"seanhwangbo@outlook.com", "ListBrokerageCity":"Brea", "ListBrokerageCountry":"US", "ListBrokerageEmail":"craig@tngrealestate.com", "ListBrokerageLogoUrl":"http://lh.rdcpix.com/e2c69301d49f11e3941422000b060899k-c2046919652r.png", "ListBrokerageName":"TNG Real Estate Consultants", "ListBrokeragePhone":"(714) 203-8555", "ListBrokeragePostalCode":"92821", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"3000 E. Birch St. Suite 102", "ListBrokerageWebsiteUrl":"http://www.tngrealestate.com", "ListOfficeAddress1":"15935 WHITTIER BLVD. ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"51131", "ListOfficeCity":"WHITTIER", "ListOfficeCountry":"US", "ListOfficeEmail":"gabrielpereztng@gmail.com", "ListOfficePostalCode":"90603", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"Riverside, CA", "ListingURL":null, "MLSModificationTimestamp":"2026-09-18 12:07:09", "Neighborhoods":[{"Description":null, "Name":"252 - Riverside"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 9/18/2026 8:48:22 PM GMT
Source Updated Date: 9/22/2026 12:44:47 AM GMT

Courtesy of: Sean Hwangbo, TNG REAL ESTATE CONSULTANTS, seanhwangbo@outlook.com

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.