3501 Pine St. Riverside CA 92501
JUST LISTED $630,000
2270 Square Feet
THE Walter C. Banks Residence
Charm, History and Location. The Walter C. Banks Residence is a Post-Medieval English Revival style, built in 1927 by Riverside’s most distinguished architect Henry L.A. Jekel. Located in the North Hill historic district in Downtown Riverside. This city Landmark has been well preserved with all the original details, such as custom old-world light fixtures, quarter-sawn oak floors, a sunken living room that features hand-hewn wooden beams and a cozy fireplace. The original hand plastered walls feature unique rich textures unlike any other Jekel, truly a must see. The formal dining room opens to a deck with lovely mountain, park and lake views. The kitchen has been elegantly updated with custom cabinetry, high-end appliances and a farm sink. A charming patio off the kitchen is the perfect spot to enjoy your coffee and wave to neighbors. You wont mind going up and down the one-of-a-kind stairway that feature a Jekel signature stained glass window and an original landscape mural painted by famous Hollywood set designer Carl Franz Ruhnau. Upstairs you will find 3 spacious bedrooms, 1 with a private deck and 1 with a Juliette balcony and a full bath off the hallway. This historic home is also Multi-Generational Income Property! A fully functional studio apartment downstairs with private entrance generates over $2k in monthly income as an Airbnb! Or use for your college kid or Mom and Dad. This home is also registered with the Mills-Act, which will give you significant tax savings! Located on a huge oversized lot, there’s also RV parking with convenient hookups. The owners spared no expense with exterior stucco coatings and new AC unit. The back yard has fantastic spaces for entertaining, or just relaxing. Located a stone’s throw from Fairmont Park, Lake Evans, Mt Rubidoux and all the shops and restaurants Downtown has to offer!