Rare Opportunity with Future Upside! This unique property features two beautifully finished homes on one lot, thoughtfully positioned on opposite sides of the property to maximize privacy and functionality. Both residences are fully operational and showcase quality workmanship, creating an ideal setup for multigenerational living, rental income, or owner-occupancy with supplemental income potential. As an added bonus, the seller has already consulted with an architect and obtained conceptual plans illustrating the potential placement of a third home on the property (buyers should verify all development possibilities with the appropriate agencies). Whether you’re looking for a turnkey investment, a family compound, or a property with future expansion potential, this offering combines immediate usability with exciting long-term possibilities. Cap rate reflects a stabilized, pro forma analysis based on market rents and reassessed property taxes, resulting in a 5.9% projected return.
Sold for $725,000
Listed by: Re/Max Partners • Benjamin Rubalcava • Contact: 714-673-5181
Bought with: Re/Max Partners
$725,000
4187 Dwight Ave, Riverside, CA 92507
3beds
1,781sqft
Single Family Residence
Built in 1943
7,841 Square Feet Lot
$725,800 Zestimate®
$407/sqft
$2,283 Estimated rent
Home value
$725,800
$690,000 - $762,000
$2,283/mo
Zestimate® history
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$4,643/mo
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Zillow last checked:
Listing updated:
Listed by:
Benjamin Rubalcava DRE #01877582 714-673-5181,
Re/Max Partners
Bought with:
Benjamin Rubalcava, DRE #01877582
Re/Max Partners
Source: CRMLS,MLS#: IG26134128
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Rooms
- Room types: Kitchen, Living Room
Heating
- Wall Furnace
Cooling
- None
Appliances
- Included: Gas Oven, Microwave
- Laundry: Outside
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,781 sqft
Property
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Spa features: None
- Fencing: Block
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 7,841 Square Feet
- Features: Front Yard, Lawn
Details
- Parcel number: 221051020
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Roof: Shingle
Condition
- Turnkey
- New construction: No
- Year built: 1943
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Street Lights
Location
- Region: Riverside
Financial & listing details
- Price per square foot: $407/sqft
- Tax assessed value: $403,258
- Date on market: 6/22/2026
- Cumulative days on market: 2 days
- Listing terms: Cash,Conventional,Submit
Price history
| Date | Event | Price |
|---|---|---|
| 8/18/2026 | Listing removed | $2,300$1/sqft |
Source: CRMLS #IG26167811 Report a problem | ||
| 8/6/2026 | Price change | $2,300-4.2%$1/sqft |
Source: CRMLS #IG26167811 Report a problem | ||
| 8/1/2026 | Listed for rent | $2,400-12.7%$1/sqft |
Source: CRMLS #IG26167811 Report a problem | ||
| 7/31/2026 | Sold | $725,000+0%$407/sqft |
Source:  CRMLS #IG26134128 Report a problem | ||
| 6/27/2026 | Pending sale | $724,999$407/sqft |
Source: CRMLS #IG26133680 Report a problem | ||
| 6/19/2026 | Listed for sale | $724,999+90.8%$407/sqft |
Source: CRMLS #IG26133680 Report a problem | ||
| 3/30/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/20/2023 | Listed for rent | $2,750$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/27/2022 | Sold | $380,000-4.5%$213/sqft |
Source: Public Record Report a problem | ||
| 12/10/2022 | Contingent | $398,000$223/sqft |
Source:  CLAW #22-221789 Report a problem | ||
| 12/1/2022 | Listed for sale | $398,000+48%$223/sqft |
Source: CLAW #22-221789 Report a problem | ||
| 4/8/2020 | Listing removed | $269,000$151/sqft |
Source: American Dream Realty, Inc. #19532270 Report a problem | ||
| 3/27/2020 | Price change | $269,000+7.6%$151/sqft |
Source: American Dream Realty, Inc. #19532270 Report a problem | ||
| 3/26/2020 | Price change | $250,000-23.1%$140/sqft |
Source: American Dream Realty, Inc. #19532270 Report a problem | ||
| 3/13/2020 | Listed for sale | $325,000$182/sqft |
Source: American Dream Realty, Inc. #19532270 Report a problem | ||
| 1/28/2020 | Pending sale | $325,000$182/sqft |
Source: American Dream Realty, Inc. #19532270 Report a problem | ||
| 12/14/2019 | Listed for sale | $325,000+170.8%$182/sqft |
Source: American Dream Realty, Inc. #19532270 Report a problem | ||
| 5/25/2017 | Sold | $120,000$67/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $403,258 +2% |
| 2025 | $4,454 +3.4% | $395,352 +2% |
| 2024 | $4,308 +0.4% | $387,600 +2% |
| 2023 | $4,289 +7.7% | $380,000 +8% |
| 2022 | $3,981 +1.2% | $351,900 +2% |
| 2021 | $3,932 +34.1% | $345,000 +35.5% |
| 2020 | $2,933 +1.9% | $254,689 +2% |
| 2019 | $2,878 +2% | $249,696 +2% |
| 2018 | $2,822 +57.9% | $244,800 +53.9% |
| 2017 | $1,787 | $159,045 +2% |
| 2016 | $1,787 +55% | $155,927 +55.4% |
| 2015 | $1,153 -15.3% | $100,329 +2% |
| 2014 | $1,362 | $98,366 +0.5% |
| 2013 | -- | $97,923 +2% |
| 2012 | -- | $96,004 +2% |
| 2011 | -- | $94,122 +0.8% |
| 2010 | -- | $93,421 -0.2% |
| 2009 | -- | $93,645 +23.6% |
| 2008 | -- | $75,777 +2% |
| 2007 | -- | $74,292 +2% |
| 2006 | -- | $72,836 +2% |
| 2005 | -- | $71,409 +3.9% |
| 2003 | -- | $68,730 +2% |
| 2002 | -- | $67,383 +2% |
| 2001 | $642 +2% | $66,063 +2% |
| 2000 | $630 | $64,769 |
Find assessor info on the county website
Neighborhood: Eastside
Nearby homes
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Nearby schools
GreatSchools rating
- 6/10Pachappa Elementary SchoolGrades: K-6Distance: 2.1 mi
- 5/10Matthew Gage Middle SchoolGrades: 7-8Distance: 2.7 mi
- 6/10Polytechnic High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Pachappa
- Middle: Gage
- High: Polytechnic
Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$725,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$725,800
- California
- Riverside County
- Riverside
- 92507
- Eastside
- 4187 Dwight Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
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