4027 Dwight Avenue Pending Save Request In-Person Tour Request Virtual Tour
Riverside,CA 92507
Key Details
Property Type Commercial
Sub Type Duet
Listing Status Pending
Purchase Type For Sale
Square Footage 1,273 sqft
Price per Sqft $467
MLS Listing ID CRCV25052736
Bedrooms 2
Full Baths 2
Year Built 1943
Lot Size 6,098 Sqft
Property Sub-Type Duet
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
Location
State CA
County Riverside
Zoning R2
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Tile
Fireplaces Type None
Laundry In Garage,Other,Electric
Exterior
Exterior Feature Backyard,Back Yard,Front Yard,Other
Garage Spaces 2.0
Pool None
Utilities Available Sewer Connected,Cable Available,Natural Gas Connected
View Y/N true
View Mountain(s)
Building
Lot Description Level,Other,Street Light(s),Storm Drain
Story 1
Foundation Raised
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Riverside Unified
Others
Virtual Tour https://www.qwikvid.com/realestate/go/v1/mls/?idx=0pLg8viaFHrmgzKguzs9s8IYx2j30TuE