Pending

Listed by Benjamin Rubalcava from Re/Max Partners

Source: California Regional Multiple Listing Service, Inc #IG26134128

4187 Dwight Avenue, Riverside, CA, 92507

$724,999

3
2
1781 sq. ft.
7841 sq. ft.

SingleFam

26 days on the market

What's around 4187 Dwight Avenue

About this property

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.

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