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10351 Wells Ave

Riverside CA 92505

4
2
31363 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Prime Riverside Investment Opportunity Two Homes on an Expansive Lot! Exceptional investment opportunity in Riverside! Located at 10351 & 10353 Wells Avenue, this unique property features two separate homes on an impressive 31,363 sq. ft. lot, offering tremendous potential for investors and multi-generational living. The property currently provides existing rental income from two well-maintained units, while the expansive lot presents an exciting opportunity to explore the possibility of adding one or two additional units (Buyer to independently verify development/building potential, zoning, permits, and requirements with the City of Riverside). The front home offers a spacious and inviting living room with recessed lighting and a cozy fireplace, tile and laminate wood flooring, upgraded maple cabinetry, a mini-split HVAC system, pantry/utility room, one-car attached garage, and washer/dryer hookups. Enjoy your own private patio and yardperfect for relaxing or entertaining family and friends. The rear unit also features upgraded maple cabinetry, washer and dryer hookups, a private yard, and a mini-split HVAC system. Both homes have been thoughtfully upgraded and are well cared for by the current tenants. Additional highlights include a roof replacement completed in 2022 and an abundance of parking, with plenty of room for multiple vehicles, trucks, RVs, recreational toys, and more. Conveniently located near freeways, Galleria Mall, shopping centers, restaurants, and everyday amenities, this property combines current income-producing potential with valuable future possibilities. Opportunities like this are hard to find! Whether you're looking to expand your investment portfolio, generate rental income, or take advantage of the property's substantial land and development potential, this Riverside property is worth a closer look. Please DO NOT disturb Tenants.

Features

4 bedrooms
2 bathrooms
31363 sq. ft. lot size
Multi-Family

Happy sellers in Riverside

96%
96% of sellers in Riverside reported that their sale price either exceeded or met their price expectations.

Riverside stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Riverside over the last 12 months.

Local market activity for 4 bedroom multi families in Riverside

In the last 12 months, 3 four-bedroom multi families similar to 10351 Wells Ave, have been sold.

This represents a 200% decrease in four-bedroom multi families sales when compared to the previous 12 months.

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