4027 Dwight Avenue, Riverside, CA

$595,000

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2

Beds

2

Baths

1,273

Square feet

0.14

Acres

About 4027 Dwight Avenue

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 Banks 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

Features of 4027 Dwight Avenue

MLS® # CV25052736
Price $595,000
Bedrooms 2
Bathrooms 2.00
Full Baths 2
Square Footage 1,273
Acres 0.14
Year Built 1943
Type Residential
Sub-Type Townhome
Style Craftsman/Bungalow
Status Closed

Community Information

Address 4027 Dwight Avenue
Area RIV CTY-RIVERSIDE (92507)
City Riverside
County Riverside
State CA
Zip Code 92507

Amenities

Utilities Cable Available,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
Parking Spaces 2
Parking Garage - Single Door,Garage Door Opener
# of Garages 2
View Mountains/Hills
Is Waterfront No
Has Pool No
Pool N/K

Interior

Interior Features Granite Counters
Appliances Gas Range
Heating Wall/Gravity
Cooling Wall/Window
Fireplace No
Fireplaces N/K
# of Stories 1
Stories 1 Story

Exterior

Lot Description Curbs,Sidewalks
Roof Composition,Shingle
Construction Vinyl Siding

Additional Information

Date Listed March 10th, 2025
Days on Market 67
Zoning R2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKELLER WILLIAMS REALTY COLLEGE PARK

Listing Map

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