$724,999
4187 Dwight Avenue, Riverside, CA 92507 (MLS #IG26134128)
Property listed by Re/Max Partners, Benjamin Rubalcava 714-673-5181
Beds
3
Baths
2
Square Ft.
1,781

4187 Dwight Avenue

Riverside, CA 92507 (MLS #IG26134128)
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.

Listing snapshot

Days Online
5
Last Updated
Property Type
SingleFamilyResidence
Beds
3
Full Baths
2
Square Ft.
1,781
Lot Size
0.18 Acres
Year Built
1943
MLS Number
IG26134128

Additional details

Appliances & Equipment
GasOven, Microwave
Building
Built in 1943, Living area: 1781.0, Living area units: SquareFeet, 1 storey, Levels: One, Entry level: 1, Entry location: 1
Community
StreetLights
Cooling
None
Fence
Block
Fireplaces
None
Heating
WallFurnace
Home Owner's Association
Association Fee: $0
Laundry
Outside
Lot
0.18 acres, FrontYard, Lawn
Pool
None
Property
Turnkey, Neighborhood
Roof
Shingle
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 221051020, Lot: 77
Utilities
Water Source: Public

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Broker & Owner
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Area snapshot

30 Days Snapshot Of 92507
$0k
(avg) sold price
%
homes sold
0%
108
homes for sale
+66%
(avg) days on market
%
Nearby Schools
*Please check the Riverside Unified website to see all schools in this area
Poly High School
Public
9-12
Matthew Gage Middle School
Public
7-8
Pachappa Elementary School
Public
KG-6
Snapshot
Area Map

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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.