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Sold for $480,000 on 05/19/25
  • Listing Provided by: 

    MICHELLE CARNLEY DRE #01985202 951-237-0748,

    COLDWELL BANKER ASSOC BRKR/MEN

    $480,000

    4156 Dwight Ave, Riverside, CA 92507

    --beds
    --baths
    1,106sqft
    Duplex
    Built in 1943
    -- sqft lot
    $-- Zestimate®
    $434/sqft
    $2,256 Estimated rent

    What's special

    Charming duplex located near downtown and UCR for sale! There are two separate units with a common wall. Each unit offers 1 bedroom, 1 bathroom, a living room, and a kitchen (stove stays). Each unit also has an attached laundry room, large enough for a tenant-supplied washer and dryer, accessible from outside the unit. Both units include a wall furnace in the living room and two a/c wall units - one is located in the bedroom and one in the living room. The electricity and gas is separately metered, the water is on one meter. The front unit’s address is 4156, and is 506 square feet, and offers convenient street parking. The back unit’s address is 4158, and is 570 square feet, and boasts a chan link gated pull through fence along the back, with a private concrete pad which is space for two cars. The parking space is accessible from the alley behind the unit. The duplex’s yard is enclosed by a chain link fence and each unit has their own gated, fenced yard. The front yard is equipped with automatic sprinklers for easy maintenance. The seller is selling this property with tenants in place, providing immediate rental income! The front unit, 4156, was rehabbed 2 years ago with new laminate flooring through out, bottom cabinets in the kitchen,stove, new wall furnace, window coverings, new tile, repairs to subfloors in the kitchen, new bathroom vanity and more! Both tenants are on a month-to-month lease. The front tenant (4156) pays $1,575, and the back tenant (4158) pays $1,625 with a rent increase in April to $1650.00. Both units are managed by a property management company. This company has the tenant’s security deposits. Seller pays for repairs/maintenance, lawn maintenance, $140 a month, pest control (bugs), $98 every other month and water, which is about $65.00 a month. Please do not disturb tenants! Drive by only. Make offer subject to interior inspection. Tenants do not know the property is for sale. NO SIGN ON THE PROPERTY. Buyer to verify square feet, permits, etc.

    Zillow last checked: 7 hours ago

    Listing updated: May 19, 2025 at 10:40am

    Listing Provided by:

    MICHELLE CARNLEY DRE #01985202 951-237-0748,

    COLDWELL BANKER ASSOC BRKR/MEN

    Bought with:

    Salvador Ortuno Bermudez, DRE #02100849

    Century 21 Allstars

    Source: CRMLS,MLS#: IV25062875MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Heating
    • Wall Furnace
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Gas Oven, Water Heater
    • Laundry: Washer Hookup, Gas Dryer Hookup, Laundry Room, Outside
    Features
    • Unfurnished, All Bedrooms Down, Bedroom on Main Level
    • Flooring: Laminate, Wood
    • Windows: Blinds
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 1,106
    • Total interior livable area: 1,106 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Paved, Private, On Street
    • Uncovered spaces: 2
    Accessibility
    • Accessibility features: Parking
    Features
    • Levels: One
    • Stories: 1
    • Entry location: front door
    • Pool features: None
    • Spa features: None
    • Fencing: Chain Link
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 5,663 sqft
    • Features: 0-1 Unit/Acre, Back Yard, Front Yard, Sprinklers In Front, Lawn, Yard
    Details
    • Parcel number: 221052028
    • Zoning: R2
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Craftsman
    • Property subtype: Duplex
    • Attached to another structure: Yes
    Materials
    • Roof: Composition,Shingle
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1943

    Utilities & green energy

    • Electric: Electricity - On Property
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Community
    • Community features: Street Lights, Sidewalks
    Location
    • Region: Riverside

    HOA & financial

    Other financial information
    • Total actual rent: 3250

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange,Submit
    • Road surface type: Paved
    Services availability
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