4027 Dwight Ave Riverside, CA 92507
Eastside Neighborhood
2
Beds
2
Baths
1,273
Sq Ft
6,098
Sq Ft Lot
Highlights
- RV Access or Parking
- Updated Kitchen
- Property is near a park
- Polytechnic High School Rated A-
- Mountain View
- 4-minute walk to Bobby Bonds Park and Sports Complex
About This Home
As of July 2025Own a charming, income-producing duplex just 1.4 miles from the University of California, Riverside - perfect for house hacking, investors, or multigenerational living. Live in one unit and rent out the other, or rent both and watch the cash flow grow. Each unit offers 1 bedroom, 1 bath, updated kitchens with granite counters, durable tile flooring, dual-pane windows for energy efficiency, and fresh interior paint. Both also feature their own private laundry rooms, separate gas and electric meters, and welcoming front porches that enhance curb appeal. The front unit includes a bonus den - ideal as a second bedroom, office, or studio. Rental potential is strong, with projected rents of $1,550–$1,600 per unit and an even greater upside. The detached garage accessed from the alley is eligible for conversion into a third unit (ADU), per Riverside Planning, creating even more income potential. There's also room to expand parking for cars, an RV, or a boat by modifying the existing alley fence. With this convenient location, you can get groceries, enjoy a meal at a restaurant, work out at the gym, go to the post office, and have some outdoor fun at either of two local parks all within half a mile. Commuters will love the easy access to the 91 and 215 freeways. The property qualifies for City National Bank’s Ladder Up program, offering a $20,000 grant toward your down payment and closing costs, plus no mortgage insurance and a 5% down payment minimum. Other down-payment assistance programs are also available. With strong rental demand from UCR students and staff, the flexibility of alley access, and a price point under $600,000 in a low-tax county, this property is a rare find. Whether you’re looking to invest, supplement your mortgage with rental income, or build long-term wealth, 4027 Dwight Ave delivers.
Last Agent to Sell the Property
KELLER WILLIAMS REALTY COLLEGE PARK Brokerage Phone: 626-328-4199 License #01773995 Listed on: 03/26/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,491
Year Built
- Built in 1943
Lot Details
- 6,098 Sq Ft Lot
- No Common Walls
- East Facing Home
- Wood Fence
- Rectangular Lot
- Level Lot
- Sprinkler System
- Private Yard
- Back and Front Yard
Parking
- 2 Car Garage
- Parking Available
- Rear-Facing Garage
- Single Garage Door
- Garage Door Opener
- No Driveway
- RV Access or Parking
Home Design
- Duplex
- Bungalow
- Turnkey
- Raised Foundation
- Shingle Roof
- Composition Roof
- Vinyl Siding
Interior Spaces
- 1,273 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Living Room
- Tile Flooring
- Mountain Views
Kitchen
- Updated Kitchen
- Eat-In Kitchen
- Gas Range
- Range Hood
- Granite Countertops
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Bathroom on Main Level
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry Room
- Laundry in Garage
- Washer and Electric Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Patio
- Exterior Lighting
- Front Porch
Additional Homes
- Two Homes on a Lot
Location
- Property is near a park
- Property is near public transit
- Suburban Location
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Natural Gas Connected
- Gas Water Heater
- Central Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- Tax Lot 67
- Tax Tract Number 20019
- Assessor Parcel Number 221051030
- $64 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 26, 2025
Closed on
Jun 2, 2025
Sold by
Yee Dao
Bought by
Salazar Henry Fernando
Seller's Agent
Caleb Hanson
KELLER WILLIAMS REALTY COLLEGE PARK
Buyer's Agent
CARLOS DE SANTOS
CENTURY 21 REALTY MASTERS
List Price
$595,000
Sold Price
$595,000
Views
161
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-43.24%
Original Mortgage
$565,250
Outstanding Balance
$564,777
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$13,612
Purchase Details
Listed on
Mar 10, 2012
Closed on
Jun 27, 2012
Sold by
Womack Bruce
Bought by
Dao Yee
Seller's Agent
HAZEL WALKER
REALTY ONE GROUP ROADS
Buyer's Agent
KRISTIN HAMILTON
PROPMAN INC.
List Price
$138,000
Sold Price
$108,000
Premium/Discount to List
-$30,000
-21.74%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.04%
Purchase Details
Closed on
May 25, 2005
Sold by
Womack Tanya Young
Bought by
Womack Bruce
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,200
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 28, 2005
Sold by
Melendrez Dionisia
Bought by
Womack Bruce
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,200
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 5, 2003
Sold by
Godinez Francisco P
Bought by
Melendrez Dionisia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,759
Interest Rate
5.13%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 12, 2001
Sold by
Tomberlin Mark
Bought by
Godinez Francisco P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,473
Interest Rate
7.19%
Mortgage Type
Commercial
Similar Homes in Riverside, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $595,000 | Socal Title Company | |
| Grant Deed | $108,000 | Lawyers Title Company | |
| Grant Deed | -- | Chicago Title Company | |
| Grant Deed | $299,000 | Chicago Title Company | |
| Grant Deed | $145,000 | Multiple | |
| Grant Deed | $87,500 | Orange Coast Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $565,250 | New Conventional | |
| Previous Owner | $135,000 | Commercial | |
| Previous Owner | $248,606 | Commercial | |
| Previous Owner | $239,200 | Purchase Money Mortgage | |
| Previous Owner | $142,759 | FHA | |
| Previous Owner | $75,473 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2025 07/11/25 | Sold | $595,000 | 0.0% | $467 / Sq Ft |
| 05/26/2025 05/26/25 | Pending | -- | -- | -- |
| 04/13/2025 04/13/25 | For Sale | $595,000 | 0.0% | $467 / Sq Ft |
| 04/03/2025 04/03/25 | Pending | -- | -- | -- |
| 03/26/2025 03/26/25 | For Sale | $595,000 | +450.9% | $467 / Sq Ft |
| 07/17/2012 07/17/12 | Sold | $108,000 | 0.0% | $85 / Sq Ft |
| 04/10/2012 04/10/12 | Pending | -- | -- | -- |
| 03/25/2012 03/25/12 | Off Market | $108,000 | -- | -- |
| 03/20/2012 03/20/12 | Price Changed | $79,000 | -42.8% | $62 / Sq Ft |
| 03/10/2012 03/10/12 | For Sale | $138,000 | -- | $108 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,491 | $204,392 | $61,564 | $142,828 |
| 2023 | $1,491 | $127,816 | $59,174 | $68,642 |
| 2022 | $1,458 | $125,311 | $58,014 | $67,297 |
| 2021 | $1,453 | $122,855 | $56,877 | $65,978 |
| 2020 | $1,442 | $121,596 | $56,294 | $65,302 |
| 2019 | $1,416 | $119,213 | $55,191 | $64,022 |
| 2018 | $1,389 | $116,876 | $54,109 | $62,767 |
| 2017 | $1,366 | $114,586 | $53,049 | $61,537 |
| 2016 | $1,282 | $112,340 | $52,009 | $60,331 |
| 2015 | $1,263 | $110,655 | $51,229 | $59,426 |
| 2014 | $1,251 | $108,490 | $50,227 | $58,263 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Caleb Hanson
KELLER WILLIAMS REALTY COLLEGE PARK
(626) 328-4199
1 in this area
87 Total Sales
-
C
Buyer's Agent in 2025
CARLOS DE SANTOS
CENTURY 21 REALTY MASTERS
(323) 722-7300
1 in this area
25 Total Sales
-
H
Seller's Agent in 2012
HAZEL WALKER
REALTY ONE GROUP ROADS
(909) 851-9754
25 Total Sales
-
K
Buyer's Agent in 2012
KRISTIN HAMILTON
PROPMAN INC.
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV25052736
APN: 221-051-030
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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