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Bailey Properties
4187 Dwight AVE, Riverside, CA 92507
- $725,000
Listed by Benjamin Rubalcava, 714-673-5181 from Re/Max Partners
(If provided) CoList: from
Sold listing courtesy of Benjamin Rubalcava from
- Sold Price
- $725,000
- List Price
- $724,999
- Closing Date
- Jul 31, 2026
- MLS#
- CRIG26133680
- Status
- SOLD
- Lot Size
- 7,841
- Listing Area
- 252 - Riverside
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 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.
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Additional Information
- Cooling System
- None
- Heating System
- Wall Furnace
- Laundry Facilities
- Other
- Levels
- One Story
- Lot Size
- 7,841
- Neighborhood
- 252 - Riverside
- Numberof Units
- 2
- Pool Description
- 31, None
- Roof
- Shingle
- Unincorporated Yn
- Yes
- View
- Neighborhood View
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The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than Bailey Properties are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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