4187 Dwight Avenue, Riverside, CA 92507

$725,000

Est. payment /mo

$724,999

Est.Price: ?

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4187 Dwight Avenue Riverside, CA 92507

3 Beds

2 Baths

1,781 SqFt

SOLD DATE : 07/31/2026

Key Details

Sold Price $725,000

Property Type Single Family Home

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 1,781 sqft

Price per Sqft $407

MLS Listing ID IG26134128

Sold Date 07/31/26

Bedrooms 3

Full Baths 2

Year Built 1943

Lot Size 7,841 Sqft

Property Sub-Type Detached

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

Direction Cross Streets: Chicago Ave & 12th Street

Interior

Heating Wall/Gravity

Fireplace No

Appliance Microwave, Gas Oven

Exterior

View Y/N Yes

Water Access Desc Public

View Neighborhood

Roof Type Shingle

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories 1

Others

Senior Community No

Tax ID 221051020

Acceptable Financing Cash, Conventional, Submit

Listing Terms Cash, Conventional, Submit

Special Listing Condition Standard

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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

Nearby Locations

Mary Siapno

Mary Siapno

Agent | License ID: 01489492

+1(619) 988-7273

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