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 Bank’s 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 alley access, and a price point under $600,000 in a low-tax county, this property is a rare find. Whether you’re looking to invest, supplement your mortgage with rental income, or build long-term wealth, 4027 Dwight Ave delivers.
Sold for $595,000
Listing Provided by:
Caleb Hanson DRE #01773995 626-328-4199,
KELLER WILLIAMS REALTY COLLEGE PARK
Bought with: CENTURY 21 REALTY MASTERS
$595,000
4027 Dwight Ave, Riverside, CA 92507
2beds
1,273sqft
Duplex
Built in 1943
6,098 Square Feet Lot
$-- Zestimate®
$467/sqft
$2,441 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,441/mo
Zestimate® history
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$2,441/mo
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$3,689/mo
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Zillow last checked: 7 hours ago
Listing updated: July 13, 2025 at 09:03am
Listing Provided by:
Caleb Hanson DRE #01773995 626-328-4199,
KELLER WILLIAMS REALTY COLLEGE PARK
Bought with:
CARLOS DE SANTOS, DRE #02075285
CENTURY 21 REALTY MASTERS
Source: CRMLS,MLS#: CV25052736
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Bedroom
- Features: All Bedrooms Down
Bedroom
- Features: Bedroom on Main Level
Bathroom
- Features: Bathtub, Full Bath on Main Level, Tub Shower
Kitchen
- Features: Granite Counters, Remodeled, Updated Kitchen
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Gas Range, Gas Water Heater, Range Hood, Water Heater
- Laundry: Washer Hookup, Electric Dryer Hookup, In Garage
Features
- Eat-in Kitchen, Granite Counters, All Bedrooms Down, Bedroom on Main Level
- Flooring: Tile
- Windows: Double Pane Windows
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,273 sqft
Property
Parking
- Total spaces: 2
- Parking features: Door-Single, Garage, Garage Door Opener, No Driveway, Garage Faces Rear, RV Access/Parking
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Front Door
- Patio & porch: Concrete, Front Porch
- Pool features: None
- Spa features: None
- Fencing: Wood
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 6,098 sqft
- Features: Back Yard, Front Yard, Level, Near Park, Near Public Transit, Rectangular Lot, Sprinkler System, Yard
Details
- Additional structures: Two On A Lot
- Parcel number: 221051030
- Zoning: R2
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Duplex
Materials
- Vinyl Siding
- Foundation: Raised
- Roof: Composition,Shingle
Condition
- Turnkey
- New construction: No
- Year built: 1943
Utilities & green energy
- Electric: Electricity - On Property
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Community
- Community features: Curbs, Storm Drain(s), Street Lights, Suburban, Sidewalks, Park
Location
- Region: Riverside
Other
Other facts
- Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange,FHA,Fannie Mae,Freddie Mac,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/11/2025 | Sold | $595,000$467/sqft |
Source:  CRMLS #CV25052736 Report a problem | ||
| 5/28/2025 | Pending sale | $595,000$467/sqft |
Source: CRMLS #CV25052736 Report a problem | ||
| 4/14/2025 | Listed for sale | $595,000$467/sqft |
Source: CRMLS #CV25052736 Report a problem | ||
| 4/4/2025 | Pending sale | $595,000$467/sqft |
Source: CRMLS #CV25052736 Report a problem | ||
| 4/4/2025 | Contingent | $595,000$467/sqft |
Source: CRMLS #CV25052736 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Eastside
Nearby schools
GreatSchools rating
- 5/10Pachappa Elementary SchoolGrades: K-6Distance: 2.2 mi
- 4/10Matthew Gage Middle SchoolGrades: 7-8Distance: 2.8 mi
- 6/10Polytechnic High SchoolGrades: 9-12Distance: 1.8 mi
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- California
- Riverside County
- Riverside
- 92507
- Eastside
- 4027 Dwight Ave