
Riverside, California 92507
This Value-Add Residential Income Duplex is listed at $529,900, positioned near its $520,449 Fair Market Value. Constructed in 1943, the property carries a Condition Rating of 5, indicating a prime opportunity for forced appreciation through modernization of its two 2-bedroom units. Currently fully occupied, the asset ensures immediate cash flow, a Neighborhood View, and a low-maintenance paved lot within the Riverside Unified School District. Strong demand for multi-unit assets in the 92507 area makes this an ideal entry point for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4110 Dwight Subject | $529,900* List Price | 4 | 2 | 1,440 | $368 | - |
A 4156 Dwight Active | $514,999 List Price | 0 | 0 | 1,106 | $466 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1943, this property shows significant signs of deferred maintenance and age. The exterior features peeling paint on porch supports, cracked and weathered concrete in the driveway, and a general lack of upkeep in the yard area. While the units are occupied, the absence of interior photos combined with the 'priced to sell' marketing and the 80-year-old vintage suggests that the kitchens, bathrooms, and major systems (electrical, plumbing, HVAC) are likely outdated and in need of substantial rehabilitation to meet current quality and safety standards.
As a fully occupied duplex, this property offers immediate cash flow for investors or a 'house hacking' opportunity for first-time buyers to offset their mortgage.
The units are currently occupied by cooperative tenants, eliminating the immediate need for marketing, screening, and the risk of initial vacancy loss.
The large, paved lot reduces the need for extensive landscaping and ongoing yard maintenance while providing ample space for parking.
Built in 1943, the property may require significant updates to major systems like plumbing, electrical, and roofing to meet modern standards.
Because both units are fully occupied, a buyer looking to live in one unit may face delays or legal complexities regarding existing lease terms.
The emphasis on a large paved lot suggests a lack of green space or traditional curb appeal, which may limit the property's attractiveness to certain buyer profiles.
GREAT SINGLE STORY, FULLY OCCUPIED. Records show SFR functioning as TWO SEPARATE UNITS. EACH UNIT HAS 2 BEDROOMS, 1 BATH. Home sits on a large, paved LOT IN a NICE NEIGHBORHOOD. THIS HOME IS GREAT FOR FIRST TIME homebuyers, looking to live in one unit while making returns on the other. Also, very ideal for investors, as these units are fully occupied, with amazing tenants. TENANTS ARE VERY COOPERATIVE and can show on weekends. Priced to sell fast. COME AND SEE! WON'T LAST!!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,440 | 2,310 |
| Lot Size | 6,098 | 10,019 |
| Price | $529.9K | $849.2K |
| Price per sq ft | $368 | $405 |
| Built year | 1943 | 1969 |
| HOA | $0 | $0 |
| Days on market | 168 | 79 |
Feb 4, 2026
$529,900
Initial Listing
Aug 5, 2010
$136,000
Public Record