
Riverside, California 92505
This Dual-Income Residential Asset is listed at $775,000, representing a stable entry point at its $775,000 Fair Market Value. Currently holding a Fair Condition Rating, the 1925-built duplex features a spacious 3-bedroom upper unit and a 1-bedroom lower unit with Mountain Views and private yards. While the interior requires modernization, the Prime Corner Lot and proximity to La Sierra High School and Valley View Elementary provide strong rental appeal. This property is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through house-hacking.
Property is moderate renovation needed.
The property was built in 1925, which places it in the 'fair' to 'poor' category based on age alone. While the images show some updated elements like the kitchen cabinetry and flooring, the overall style appears dated. The kitchen features traditional cabinetry and a dark, possibly laminate, countertop and backsplash, which are not modern. The bathrooms are not pictured, making it impossible to assess their condition. The presence of window air conditioning units suggests an older HVAC system. Given the age and the visible style of the kitchen, it requires updates to align with current market expectations, even if some components are functional. The property is a duplex, and the description mentions potential for conversion, which adds complexity. Without more detailed information or images of the bathrooms and major systems, a 'fair' rating is appropriate, indicating it's maintained but needs updates.
The property is situated on a prominent corner lot, offering excellent curb appeal, increased visibility, and potential for ample parking.
As a duplex, this property presents a strong opportunity for investors seeking dual rental income streams or an owner-occupant looking to offset mortgage costs.
The upper unit offers a spacious 3-bedroom, 2-bathroom layout, while the lower unit is a 1-bedroom, 1-bathroom with potential for conversion to a 2-bedroom, providing flexibility for different tenant needs.
Built in 1925, the property may require updates or renovations to meet modern standards and buyer expectations, potentially leading to additional costs.
The potential to convert the lower unit to a 2-bedroom configuration requires buyer verification of permits and feasibility, introducing an element of uncertainty.
The description does not provide specific details on the current condition of major systems (e.g., HVAC, plumbing, electrical), which could be a concern for buyers.
Prime Corner Lot Duplex in Riverside – Excellent Income Potential or Owner-Occupy Opportunity! Discover this charming corner lot duplex at 11711 Carmine St, offering versatile living with strong rental appeal in a desirable Riverside location. The upper unit features a spacious 3-bedroom, 2-bathroom layout with an expansive kitchen and generous living room perfect for comfortable family living. Downstairs, the 1-bedroom, 1-bathroom unit provides cozy, efficient space and includes easy potential to convert to a 2-bedroom configuration (buyer to verify permits/conversions). Each unit enjoys complete privacy with its own dedicated yard, in-unit laundry facilities, and separate entrances. The entire property is fully fenced for security and peace of mind. Situated on a prominent corner lot, this duplex benefits from excellent curb appeal, ample parking possibilities, and convenient access to local amenities, schools, shopping, and major freeways. Ideal for investors seeking dual income streams, multi-generational living, or an owner-occupant who wants to offset their mortgage with rental income. Don't miss this rare opportunity in Riverside, schedule your showing today!
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades PK-5 • 0.6 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,448 | 2,448 | 50% |
| Lot Size | 8,712 | 15,246 | 33% |
| Price | $695.0K | $695.0K | 50% |
| Price per sq ft | $284 | $336 | 33% |
| Built year | 1925 | 1950 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 127 | 127 | 67% |
May 30, 2026
$695,000
$775,000
-10% Price Drop
Initial Listing
Jan 30, 2026
$775,000
Initial Listing