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4187 Dwight Avenue

Riverside CA 92507

3
2
1781 sq. ft.
7841 sq. ft.
Single-Family
Currently for sale - view listing

Overview

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.

Features

3 bedrooms
2 bathrooms
1781 sq. ft. floor area
7841 sq. ft. lot size
Single-Family

Property history for 4187 Dwight Avenue

2022
Sold
$380,000
27 Dec 2022 by Anna Sadowska, of Crissanna Luxury Real Estate I

Happy sellers in Riverside

87%
87% 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 3 reviews in Riverside over the last 12 months.

Local market activity for 3 bedroom single-family properties in Riverside

In the last 12 months, 102 three-bedroom single-family properties similar to 4187 Dwight Avenue, have been sold.

This represents a 27% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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