4187 Dwight Avenue, Riverside, CA 92507
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4187 Dwight Avenue, Riverside, CA 92507
4187 Dwight Avenue, Riverside, CA 92507
4187 Dwight Avenue, Riverside, CA 92507
4187 Dwight Avenue, Riverside, CA 92507
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Lisa Johnson

Lisa Johnson

+1(619) 417-6764
$ 724,999
Est. payment /mo
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Pending

4187 Dwight Avenue Riverside, CA 92507

5 Beds

3 Baths

7,841 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID IG26133680

Bedrooms 5

Lot Size 7,841 Sqft

Property Sub-Type Res Income 2-4 Units

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 youre 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

Zoning Assessor

Direction Cross Streets: Chicago Ave & 12th Street

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 221051020

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

MLS Router / San Diego MLS
Listed by Benjamin Rubalcava, DRE#01877582 Re/Max Partners 

NEARBY SCHOOL & BUSINESS

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Lisa Johnson

Lisa Johnson

Agent | License ID: 01951113

+1(619) 417-6764

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4187 Dwight Avenue

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