4156 Dwight Avenue
Riverside, CA, 92507
$499,950
Beds
0 Baths
SqFt
0.13 Acres
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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.

Property Details

Price:
$499,950
MLS #:
IV25062875
Status:
Active Under Contract
Baths:
0
Address:
4156 Dwight Avenue
Type:
Residential Income
Subtype:
Duplex
Neighborhood:
252riverside
City:
Riverside
Listed Date:
Mar 22, 2025
State:
CA
ZIP:
92507
Lot Size:
5,663 sqft / 0.13 acres (approx)
Year Built:
1943
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Interior

Accessibility Features
Parking
Appliances
Gas Oven, Water Heater
Cooling
Wall/ Window Unit(s)
Flooring
Laminate, Wood
Heating
Wall Furnace
Interior Features
Unfurnished
Window Features
Blinds

Exterior

Community Features
Sidewalks, Street Lights
Electric
Electricity – On Property
Fencing
Chain Link
Garage Spaces
0.00
Lot Features
0-1 Unit/ Acre, Back Yard, Front Yard, Lawn, Sprinklers In Front, Yard
Parking Features
Paved, Private, Street
Parking Spots
2.00
Pool Features
None
Roof
Composition, Shingle
Security Features
Smoke Detector(s)
Sewer
Public Sewer
Spa Features
None
Stories Total
1
View
Neighborhood
Water Source
Public

Financial

Association Fee
0.00
Tenant Pays
Electricity, Gas, Trash Collection
Utilities
Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

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Community

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4156 Dwight Avenue
Riverside, CA