4027 Dwight AVE new

Riverside,CA 92507

$ 595000

2 Beds

2 Baths

1273 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,273 sqft

Price per Sqft $467

MLS Listing ID CRCV25052736

Style Bungalow

Bedrooms 2

Full Baths 2

Year Built 1943

Lot Size 6,098 Sqft

Property Sub-Type Duplex

Property Description

Own a charming, income-producing duplex just 1.4 miles from the University of California, Riverside - perfect for house hacking, investors, or multigenerational living. Live in one unit and rent out the other, or rent both and watch the cash flow grow. Each unit offers 1 bedroom, 1 bath, updated kitchens with granite counters, durable tile flooring, dual-pane windows for energy efficiency, and fresh interior paint. Both also feature their own private laundry rooms, separate gas and electric meters, and welcoming front porches that enhance curb appeal. The front unit includes a bonus den - ideal as a second bedroom, office, or studio. Rental potential is strong, with projected rents of $1,550-$1,600 per unit and an even greater upside. The detached garage accessed from the alley is eligible for conversion into a third unit (ADU), per Riverside Planning, creating even more income potential. There's also room to expand parking for cars, an RV, or a boat by modifying the existing alley fence. With this convenient location, you can get groceries, enjoy a meal at a restaurant, work out at the gym, go to the post office, and have some outdoor fun at either of two local parks all within half a mile. Commuters will love the easy access to the 91 and 215 freeways. The property qualifies fo

Location

State CA

County Riverside

Area 252 - Riverside

Zoning R2

Rooms

Dining Room In Kitchen,Other

Kitchen Hood Over Range,Other,Oven Range - Gas

Interior

Heating Wall Furnace

Cooling Window / Wall Unit

Fireplaces Type None

Laundry In Garage,30,9

Exterior

Parking Features Garage,Gate / Door Opener,RV Access,Other

Garage Spaces 2.0

Fence Wood

Pool 31,None

View Hills

Roof Type Shingle,Composition

Building

Lot Description Grade - Level

Story One Story

Foundation Raised

Water Hot Water,Heater - Gas,District - Public

Others

Special Listing Condition Not Applicable

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