4187 Dwight Avenue, Riverside, CA 92507

$725,000

$724,999

Est.Price: ?

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Est. payment /mo

5 Beds

3 Baths

7,841 Sqft Lot


SOLD DATE : 07/31/2026

Key Details

Sold Price $725,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID IG26133680

Sold Date 07/31/26

Bedrooms 5

Lot Size 7,841 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

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 youre 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.

Location

State CA

County Riverside

Zoning Assessor

Direction Cross Streets: Chicago Ave & 12th Street

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 221051020

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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MLS Router / San Diego MLS
Listed by Benjamin Rubalcava, DRE#01877582 Re/Max Partners 
Bought with Benjamin Rubalcava Re/Max Partners
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Keegan Wetzel
Keegan Wetzel

Founder | Naval Academy | OIF Veteran | License ID: 02153342

+1(708) 256-7904

7734 Herschel Ave, La Jolla, CA 92037, USA

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