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Sold for $595,000 on 07/11/25
  • Listing Provided by: 

    Caleb Hanson DRE #01773995 626-328-4199,

    KELLER WILLIAMS REALTY COLLEGE PARK

    $595,000

    4027 Dwight Ave, Riverside, CA 92507

    2beds
    1,273sqft
    Duplex
    Built in 1943
    6,098 Square Feet Lot
    $-- Zestimate®
    $467/sqft
    $2,653 Estimated rent

    What's special

    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.

    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#: CV25052736MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Bedroom
    • Features: Bedroom on Main Level
    Bedroom
    • Features: All Bedrooms Down
    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
    Services availability