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Esteban Vargas

evargas74@hotmail.com +1(562) 639-9173

$ 724,999

Est. payment -/mo

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4187 Dwight AVE Riverside, CA 92507

7,840 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID IG26133680

Construction Status Turnkey

HOA Y/N No

Year Built 1943

Lot Size 7,840 Sqft

Property Sub-Type Duplex

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

Interior

Heating Wall Furnace

Cooling 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

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Construction Status Turnkey

Others

Senior Community No

Tax ID 221051020

Acceptable Financing Cash, Conventional, Submit

Listing Terms Cash, Conventional, Submit

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

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

Esteban Vargas

Broker

+1(562) 639-9173

Esteban Vargas

4187 Dwight AVE Riverside, CA 92507

Key Details

Location

Interior

Exterior

Building

Others

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4187 Dwight AVE