Prime Riverside Investment Opportunity — Two Homes on an Expansive Lot! Exceptional investment opportunity in Riverside! Located at 10351 & 10353 Wells Avenue, this unique property features two separate units (SFD with a Secondary Unit) on an impressive 31,363 sq. ft. lot, offering tremendous potential for investors and multi-generational living. The property currently provides existing rental income from two well-maintained units, while the expansive lot presents an exciting opportunity to explore the possibility of adding one or two additional units (Buyer to independently verify development/building potential, zoning, permits, and requirements with the City of Riverside). The front home offers a spacious and inviting living room with recessed lighting and a cozy fireplace, tile and laminate wood flooring, upgraded maple cabinetry, a mini-split HVAC system, pantry/utility room, one-car attached garage, and washer/dryer hookups. Enjoy your own private patio and yard—perfect for relaxing or entertaining family and friends. The rear unit also features upgraded maple cabinetry, washer and dryer hookups, a private yard, and a mini-split HVAC system. Both homes have been thoughtfully upgraded and are well cared for by the current tenants. Additional highlights include a roof replacement completed in 2022 and an abundance of parking, with plenty of room for multiple vehicles, trucks, RVs, recreational toys, and more. Conveniently located near freeways, Galleria Mall, shopping centers, restaurants, and everyday amenities, this property combines current income-producing potential with valuable future possibilities. Opportunities like this are hard to find! Whether you’re looking to expand your investment portfolio, generate rental income, or take advantage of the property’s substantial land and development potential, this Riverside property is worth a closer look. Please DO NOT disturb Tenants.
Property Details
Price:
$725,000
MLS #:
IG26199901
Status:
Active
Beds:
4
Baths:
2
Type:
Single Family
Subtype:
Duplex
Neighborhood:
252riverside
Listed Date:
Oct 16, 2026
Finished Sq Ft:
1,638
Lot Size:
31,363 sqft / 0.72 acres (approx)
Year Built:
1948
See this Listing
Schools
School District:
Riverside Unified
Interior
Appliances
Microwave, Refrigerator, Gas Range, Dishwasher
Bathrooms
2 Full Bathrooms
Cooling
Electric, Wall/Window Unit(s)
Flooring
Tile, Laminate
Heating
Wall Furnace
Interior Features
Ceiling Fan(s), Formica Counters
Laundry Features
Gas Dryer Hookup, Washer Hookup, Outside
Levels
One
Main Level Bathrooms
2
Main Level Bedrooms
4
Exterior
Attached Garage YN
1
Common Walls
No Common Walls
Community Features
Suburban
Covered Spaces
1
Fencing
Chain Link
Garage Spaces
1
Lot Features
Lot 20000-39999 Sqft
Open Parking YN
1
Parking Features
Garage – Single Door, Driveway
Parking Spots
1
Parking Total
1
Spa Features
None
Stories
1
View
None
Financial
Map
Community
- Address10351 Wells Avenue Riverside CA
- CityRiverside
- CountyRiverside
- Zip Code92505
Market Summary
Current real estate data for Single Family in Riverside as of Oct 19, 2026
856
Single Family Listed
70
Avg DOM
333
Avg $ / SqFt
$754,044
Avg List Price
Property Summary
- 10351 Wells Avenue Riverside CA is a Single Family for sale in Riverside, CA, 92505. It is listed for $725,000 and features 4 beds, 2 baths, and has approximately 1,638 square feet of living space, and was originally constructed in 1948. The current price per square foot is $443. The average price per square foot for Single Family listings in Riverside is $333. The average listing price for Single Family in Riverside is $754,044.
Similar Listings Nearby
10351 Wells Avenue
Riverside, CA


