4027 Dwight Avenue

Riverside, CA 92507

  • 2 Bed(s)
  • 2 Bath(s)
  • 1,273 Sqft
  • 6098
    Sqft(Lot)
$595,000

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 bank’s 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 alley access, and a price point under $600,000 in a low-tax county, this property is a rare find. whether you’re looking to invest, supplement your mortgage with rental income, or build long-term wealth, 4027 dwight ave delivers.

  • Property Type

    Residential

  • County

    Riverside

  • Style

    Bungalow

  • AD ID

    49105948

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Property Details

  • Bedroom Information

    • Total Bedrooms : 2

    Bathroom Information

    • Total Baths: 2
    • Full Baths: 2

    Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Roof : Composition,Shingle
    • Interior Features: Eat-in Kitchen,Granite Counters,All Bedrooms Down,Bedroom on Main Level
    • Windows: Double Pane Windows
    • Property Appliances: Gas Range,Gas Water Heater,Range Hood,Water Heater
    • Fireplace: None
    • Flooring: Tile

    Cooling Features

    • Wall/Window Unit(s)
    • Air Conditioning

    Heating Source

    • Wall Furnace
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1943
    • Construction: Vinyl Siding
    • Roof: Composition,Shingle

    Foundation

    • Raised

    Security Features

    • Carbon Monoxide Detector(s),Smoke Detector(s)

    Pool Features

    • None

    Laundry Features

    • Washer Hookup,Electric Dryer Hookup,In Garage

    Patio And Porch

    • Concrete,Front Porch

    Fencing

    • Wood

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.14
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 6098

  • Listing Price Information

    • Original List Price: 595,000
    • Listing Contract Date: 2025-03-10

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 221051030

  • Garage and Parking

    • Garage Description: Door-Single,Garage,Garage Door Opener,No Driveway,Garage Faces Rear,RV Access/Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Pending
    • Source Neighborhood: 252 - Riverside
    • Postal Code Plus 4: 5223
    • Directions: From CA-91 W. Take exit 64 for Mission Inn Ave toward Downtown. Turn left onto Mission Inn Avenue. Turn right onto Comer Ave. Turn left onto University Ave, Pass by McDonald's on the right. Turn right onto Dwight Ave. Destination will be on the right
    • Zoning: R2
    • Source Property Type: Residential
    • Area: 252 - Riverside
    • Property SubType: Duplex

    Building and Construction

    • Property Age: 82
    • Common Walls: No Common Walls
    • Property Condition: Turnkey
    • Structure Type: Duplex
    • Year Built Source: Assessor
    • Total Square Feet Living: 1273
    • Entry Level: 1
    • Entry Location: Front Door
    • Levels or Stories: One
    • Building Total Stories: 1
    • Structure Type: Duplex
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BuyOwner last updated this listing 04/05/2025 @ 18:55

  • MLS: CV25052736
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 2 bedrooms which is recently sold, it has 1,273 sqft, 6,098 sized lot, and 2 parking. are nearby neighborhoods.