Property Detail

4187 Dwight

Riverside CA 92507

$724,999

Status: Active

Property Details

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 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.

Map Location

Listing provided courtesy of Benjamin Rubalcava of Re/Max Partners. Last updated 2026-06-22 08:11:28.000000. Listing information © 2026 CRMLS.

John Collins

John Collins

DRE# 01948188
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