Bought with Robert Esparza • Transunited Realty Group
$635,000
$649,000
2.2%For more information regarding the value of a property, please contact us for a free consultation.
1,101 SqFt
SOLD DATE : 12/23/2024
Key Details
Sold Price $635,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,101 sqft
Price per Sqft $576
MLS Listing ID CRPW24207635
Sold Date 12/23/24
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1949
Lot Size 10,890 Sqft
Property Description
Duplex (2 Units) Near Downtown Riverside Unlock the potential of this duplex, ideally situated near downtown Riverside and the newly developed Exchange mixed-use area! This property offers a unique opportunity for investors, with the added possibility of constructing an Accessory Dwelling Unit (ADU). Prime Location: Located within an Opportunity Zone (buyer to verify), this duplex is just moments from downtown Riverside's vibrant amenities, entertainment, and cultural landmarks. Enjoy being within walking distance to the Historic Mission Inn, Riverside Art Museum, and the lively Main Street. Whether it's dining at local restaurants, shopping, or experiencing the renowned Festival of Lights, this location has it all. ADU Potential: The property features a detached garage, which can be converted into an ADU studio, offering even more flexibility for rental income or personal use. Additionally, the expansive lot provides room to explore the option of constructing one or more additional ADUs—perfect for extended family or a home office. The property also includes 2 gas meters, 1 electric meter, and 1 water meter. Investment Opportunity: This property presents a promising opportunity for investors, located in a high-demand rental area. With over 10,000 square feet of land, there’s
Location
State CA
County Riverside
Interior
Heating None
Cooling No Air Conditioning
Fireplace No
Laundry Gas Dryer Hookup, Other
Exterior
View None
Building
Water Public
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