Riverside, CA 92507,4027 Dwight Avenue
Riverside, CA 92507,4027 Dwight Avenue
Riverside, CA 92507,4027 Dwight Avenue
49
$595,000
$595,000
Est.Price: ?

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2 BD
2 BA

4027 Dwight Avenue Riverside, CA 92507

Est. payment /mo
SOLD DATE : 07/11/2025

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Key Details

Sold Price $595,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CV25063737

Sold Date 07/11/25

Bedrooms 2

Property Sub-Type Res Income 2-4 Units

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 for City National Banks Ladder Up program, offering a $20,000 grant toward your down payment and closing costs, plus no mortgage insurance and a 5% down payment minimum. Other down-payment assistance programs are also available. With strong rental demand from UCR students and staff, the flexibility of

Location

State CA

County Riverside

Zoning Assessor

Direction From CA-91 W. Take exit 64 for Mission Inn Ave toward Downtown. Turn left onto Mission Inn Avenue. Turn right onto Comer Ave. Tu

Interior

Cooling Wall/Window

Fireplace No

Exterior

View Y/N No

Roof Type Composition

Building

Story 1

Level or Stories 1

Others

Tax ID 221051030

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MLS Router / San Diego MLS
Listed by Caleb Hanson KELLER WILLIAMS REALTY COLLEGE PARK
Bought with CARLOS DE SANTOS CENTURY 21 REALTY MASTERS

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agent

Nestor Rodriguez

Agent | License ID: 02025471

+1(619) 504-9643

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