4187 Dwight Ave - Multi-Family FOR SALE


Riverside, CA 92507- Eastside
$724,999 USD
714-673-5181
4187 Dwight Ave, Riverside, CA for Sale
$724,999 USD
Multi-Family - FOR SALE
1/4
null | Request Cap Rate

4187 Dwight Ave
Riverside, CA 92507
Eastside


HIGHLIGHTS

  • Two Homes in One Lot
  • Rare Opportunity with Future Upside
  • Newly Built ADU

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.

FOR SALE DETAILS

PRICE

$724,999 USD

PRICE/SF

$407 USD /SF

# OF UNITS

2

PRICE/UNIT

$362,500

CAP RATE

Request Cap Rate

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dwight Multi-Family

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1943

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

-

APN/PARCEL ID

221-051-020

ASK ABOUT THIS PROPERTY

Ben RubalcavaRE/MAX PartnersMore Info
714-673-5181

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Ben RubalcavaRE/MAX PartnersMore Info
714-673-5181

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.