10881 Sunnyslope 2, Riverside, California 92505, Riverside, 92505 - bed, bath

10881 Sunnyslope 2, Riverside, California 92505 home-pic-0
ACTIVE$675,000
10881 Sunnyslope 2, Riverside, California 92505
0Bed
0Bath
2,008Sqft
15,246Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Income-Generating Duplex: The property is a spacious duplex with both units currently occupied on month-to-month tenancy, offering immediate rental income and strong investment potential for steady cash flow.
Top Cons:
Property Age & Potential System Updates: Built in 1950, the property's age suggests potential for outdated plumbing, electrical, or HVAC systems that may require significant future investment beyond the noted roof and driveway replacements.

Compared to the nearby listings

Price:$675.0K vs avg $892.5K ($-217,500)25%
Size:2,008 sqft vs avg 2,645 sqft50%
Price/sqft:$336 vs avg $32750%

More Insights

Built in 1950 (75 years old).
Condition: Built in 1950, this duplex shows significant age in its interior. While the property benefits from a new cement driveway and a recently replaced roof, the kitchen and bathroom are extremely dated, featuring older appliances, basic fixtures, and a window AC unit, indicating a lack of modern HVAC. The overall interior condition suggests no major renovations in several decades, requiring substantial rehabilitation and potential updates to plumbing, electrical, and cooling systems to meet current standards and comfort.
Year Built
1950
Close
-
List price
$675K
Original List price
$699K
Price/Sqft
$336
HOA
-
Days on market
-
Sold On
-
MLS number
OC25240444
Home ConditionPoor
Features
Good View: City Lights, Mountain(s)
ViewCity Lights,Mountain(s)

About this home

Spacious duplex situated on a large 0.35-acre lot with 2,008 sq. ft. of living space. Each unit offers comfortable layouts ideal for owner-occupants or investors seeking steady income. Both units are currently occupied on month-to-month tenancy, providing flexibility for future use. The property features a new cement driveway, a recently replaced roof, and plenty of outdoor space for parking, gardening, or future expansion. Conveniently located near schools, parks, shopping, and major freeways, this property combines solid rental income with long-term appreciation potential.

Nearby schools

4/10
Twinhill Elementary School
Public,K-50.8mi
4/10
Collett Elementary School
Public,PK-50.8mi
2/10
La Granada Elementary School
Public,PK-50.9mi
4/10
Myra Linn Elementary School
Public,K-50.9mi
3/10
Valley View Elementary School
Public,K-51.1mi
5/10
S. Christa Mcauliffe Elementary School
Public,K-51.2mi
3/10
Phillip M. Stokoe Elementary School
Public,PK-51.3mi
4/10
Liberty Elementary School
Public,PK-62.1mi
7/10
Promenade Elementary School
Public,PK-52.5mi
3/10
Wells Middle School
Public,6-81.2mi
4/10
Loma Vista Middle School
Public,6-81.7mi
6/10
Arizona Middle School
Public,6-82.5mi
5/10
Ysmael Villegas Middle School
Public,6-82.9mi
3/10
Chemawa Middle School
Public,7-83.0mi
4/10
La Sierra High School
Public,9-120.8mi
4/10
Norte Vista High School
Public,9-122.1mi
6/10
Hillcrest High School
Public,9-122.2mi
5/10
Arlington High School
Public,9-123.4mi
Condition Rating
Poor

Built in 1950, this duplex shows significant age in its interior. While the property benefits from a new cement driveway and a recently replaced roof, the kitchen and bathroom are extremely dated, featuring older appliances, basic fixtures, and a window AC unit, indicating a lack of modern HVAC. The overall interior condition suggests no major renovations in several decades, requiring substantial rehabilitation and potential updates to plumbing, electrical, and cooling systems to meet current standards and comfort.
Pros & Cons

Pros

Income-Generating Duplex: The property is a spacious duplex with both units currently occupied on month-to-month tenancy, offering immediate rental income and strong investment potential for steady cash flow.
Significant Lot Size & Expansion Potential: Situated on a large 0.35-acre lot (15,246 sq. ft.), providing ample outdoor space for parking, gardening, or future expansion opportunities, adding long-term value.
Recent Major Capital Improvements: Key updates such as a new cement driveway and a recently replaced roof reduce immediate capital expenditure for a new owner, enhancing the property's condition and appeal.
Flexible Tenancy for Buyers: Month-to-month leases offer flexibility for an owner-occupant to move into one unit or for an investor to adjust rents or re-tenant as desired.
Desirable Views & Convenient Location: The property boasts city lights and mountain views, and is conveniently located near schools, parks, shopping, and major freeways, enhancing its lifestyle appeal and accessibility.

Cons

Property Age & Potential System Updates: Built in 1950, the property's age suggests potential for outdated plumbing, electrical, or HVAC systems that may require significant future investment beyond the noted roof and driveway replacements.
Recent Price Reduction: The property has undergone a price reduction from $699,000 to $675,000, which could indicate initial overpricing or a longer market time, potentially signaling buyer resistance or a need for further negotiation.
Unspecified Interior Condition: While exterior improvements are highlighted, the description lacks details on interior renovations. Given the 1950 build, units may require significant interior modernization to maximize rental income or appeal to owner-occupants.

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