
Riverside, California 92507
This Turnkey Dual-Unit Asset is a Strong Value Opportunity, listed at $998,000—positioned well below the $1,055,738 Fair Market Value by 5%. This valuation gap provides $57,738 in Instant Equity. Boasting an Excellent Condition Rating, the property features two fully remodeled units with paid-off solar panels, new HVAC, and a private patio. Located near UCR and Downtown Riverside, it offers high rental demand and modern efficiency. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack opportunity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2643 10th Street Subject | $998,000* List Price | 0 | 0 | 2,180 | $484 | - |
A 3633 Kansas Avenue Active | $948,000 List Price | 0 | 0 | 1,736 | $546 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Property is effectively brand new with a 2026 build/remodel date. Features include a new roof, new HVAC, paid-off solar, and completely modernized kitchens and bathrooms with high-end finishes and new appliances.
The property features two separate, fully remodeled units with independent meters for gas, water, and electricity, providing an ideal setup for multi-generational living or a high-yield investment opportunity.
Completely renovated with modern finishes, the home includes a new roof, HVAC system, dual-pane windows, and fully paid-off solar panels, significantly reducing future maintenance costs and utility expenses.
Situated in a highly desirable area near UCR, the Metrolink, and the historic Mission Inn, the property offers excellent accessibility to major employers, education, and dining, ensuring strong long-term demand.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2180, other record living area = 684.
With a list price near $1 million, the property is positioned at the higher end of the local market for a duplex, which may challenge appraisal values or initial cash-on-cash returns for some investors.
The presence of two separate residential structures and a two-car garage on a 7,841 sqft lot leaves relatively little private yard space for each unit, which may be a drawback for families with pets or children.
A rare opportunity to own a beautiful single-story home with a detached Newly Built ADU in the peaceful Downtown Riverside neighborhood. This completely remodeled property features two separate units on one lot, making it an ideal choice for a multi-generational family or a long-term investment. The Brand New ADU home (house number 2643) living space is 1200 Sq.Ft. with 3 bedrooms /2 bathrooms, and an attached 2-car garage (462 Sq.Ft.). The second unit (house number 2645) living space is 980 Sq.Ft. with 3 bedroom/2 bathroom and a patio (400 sqft). The property has been upgraded with modern finishes and essential infrastructure, including a new roof, new HVAC, new dual-pane windows, and paid-off solar panels. Both units feature new appliances, recessed lighting, and fully remodeled kitchens and bathrooms. Freshly paint inside and out. For maximum convenience and privacy, each unit has its own entrance and separate meters for gas, water, and electricity. The location offers easy access to major freeways and is close to UCR, RAA, RCC, City Hall, Metrolink, Mission Inn, local church, hospital, park, and dining. Low property tax and No HOA.
No exterior & parking available.
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 | 2,180 | 2,440 | 50% |
| Lot Size | 7,841 | 6,970 | 67% |
| Price | $998.0K | $841.5K | 50% |
| Price per sq ft | $458 | $382 | 83% |
| Built year | 2026 | 1995 | 83% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 189 | 17% |
Apr 18, 2026
$998,000
Initial Listing
Dec 30, 2010
$50,000
Public Record
Mar 7, 2008
$1,300,000
Public Record
Sep 1, 2000
$120,000
Public Record
Apr 1, 1998
$24,545
Public Record