4187 Dwight Avenue, Riverside, CA 92507

• 3 beds |
• 2 baths |
• 1,076 sqft

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.

Listing Status:

Active

Date Added:

June 19, 2026

Data Last Updated:

June 25, 2026 at 5:11AM

Listing Office:

Re/Max Partners :

Listing Agent:

Benjamin Rubalcava : 714-673-5181

MLS ID:

IG26134128

Interior

• Appliances: MicrowaveGas Oven
• A/C: N/K
• Heating: Wall/Gravity
• Fireplace: N/K

Exterior

• General: N/K
• Pool: N/K
• Parking: Parking spaces: 0

Construction

• Roofing: Shingle
• General: 1

Location

• HOA Amenities: 0.0
• Originating MLS: California Regional MLS
• County: Riverside

Lot

• Zoning: 221051020
• View: Neighborhood

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: California Regional MLS