4187 Dwight AVE, Riverside, CA 92507
4187 Dwight AVE, Riverside, CA 92507
4187 Dwight AVE, Riverside, CA 92507
Additional details
Paul Ward

Paul Ward

+1(805) 479-5004
$724,999
Est. payment /mo
3 Beds
2 Baths
1,076 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,076 sqft

Price per Sqft $673

MLS Listing ID IG26134128

Bedrooms 3

Full Baths 2

Construction Status Turnkey

HOA Y/N No

Year Built 1943

Lot Size 7,840 Sqft

Property Sub-Type Single Family Residence

Property Description

Rare Opportunity with Future Upside! This unique property features two beautifully finished homes on one lot, thoughtfully positioned on opposite sides of the property to maximize privacy and functionality. Both residences are fully operational and showcase quality workmanship, creating an ideal setup for multigenerational living, rental income, or owner-occupancy with supplemental income potential. As an added bonus, the seller has already consulted with an architect and obtained conceptual plans illustrating the potential placement of a third home on the property (buyers should verify all development possibilities with the appropriate agencies). Whether you're looking for a turnkey investment, a family compound, or a property with future expansion potential, this offering combines immediate usability with exciting long-term possibilities. Cap rate reflects a stabilized, pro forma analysis based on market rents and reassessed property taxes, resulting in a 5.9% projected return.

Location

State CA

County Riverside

Area 252 - Riverside

Rooms

Main Level Bedrooms 3

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Appliance Gas Oven, Microwave

Laundry Outside

Exterior

Fence Block

Pool None

Community Features Street Lights

View Y/N Yes

View Neighborhood

Roof Type Shingle

Private Pool No

Building

Lot Description Front Yard, Lawn

Dwelling Type House

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Construction Status Turnkey

Schools

Elementary Schools Pachappa

Middle Schools Gage

High Schools Polytechnic

School District Riverside Unified

Others

Senior Community No

Tax ID 221051020

Acceptable Financing Cash, Conventional, Submit

Listing Terms Cash, Conventional, Submit

Special Listing Condition Standard

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Listed by Benjamin Rubalcava Re/Max Partners 714-673-5181, DRE #01877582

Nearby School & Business

Paul Ward
Paul Ward

Broker Associate | License ID: 01354001

+1(805) 479-5004 | paul@homeandranchteam.com

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