NOT LISTED FOR SALE

Estimated Value: $601,793 - $643,000

2 Beds
2 Baths
1,273 Sq Ft
$491/Sq Ft Est. Value

Sale Details

Date Sold: July 11, 2025

Last sale price $595,000 $467 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,506 / mo

61 Days on Market

Highlights

  • RV Access or Parking
  • Property is near park and public transit
  • Private Yard
  • Mountain View
  • Granite Countertops
  • 4-minute walk to Bobby Bonds Park and Sports Complex

About This Home

As of July 2025

Own 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

Caleb Hanson

KELLER WILLIAMS REALTY COLLEGE PARK Brokerage Phone: 626-328-4199 License #01773995 Listed on: 03/26/2025

KELLER WILLIAMS REALTY COLLEGE PARK

Last Buyer's Agent

CARLOS DE SANTOS

CENTURY 21 REALTY MASTERS License #02075285

CENTURY 21 REALTY MASTERS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1943

Lot Details

  • 6,098 Sq Ft Lot
  • No Common Walls
  • 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
  • Entry on the 1st floor
  • 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

  • Gas Range
  • Range Hood
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in Garage
  • Washer and Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Location

  • Property is near park and 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

Additional Features

  • Exterior Lighting
  • Two Homes on a Lot

Listing and Financial Details

  • Tax Lot 67
  • Assessor Parcel Number 221051030
  • $64 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $655
  • New Taxes Expense $6,014
  • Operating Expense $6,669
  • Gross Income $37,200
  • Net Operating Income $30,531

Property Details

Home Type

Multi-Family

Year Built

Built in 1943

Lot Details

6,098 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: R2
  • Architectural Style: Bungalow
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 221051030
  • Year Built: 1943
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 467.40
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised
  • Other Structures: Two On A Lot
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear, Garage - Single Door, Garage Door Opener, No Driveway, RV Access/Parking
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Gas Water Heater, Range Hood, Water Heater Central
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Electric Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Rectangular Lot, Level, Near Public Transit, Park Nearby, Sprinkler System, Yard
  • Lot Size Sq Ft: 6098.00
  • Lot Size Acres: 0.1400

Multi Family

  • Gross Income: 37200.00
  • Gross Scheduled Income: 37200.00
  • Insurance Expense: 655.00
  • Lot Size Area: 6098.0000 Square Feet
  • Net Operating Income: 30531.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Range: 2
  • Operating Expense: 6669.00
  • Rent Control: No
  • Total Expenses: 6669.00

Tax Info

  • New Taxes Expense: 6014.00
  • Tax Census Tract: 305.01
  • Tax Lot: 67
  • Tax Tract Number: Unv...
  • TaxOtherAnnualAssessmentAmount: 64.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2026
Sold by
Bought by
Current Estimated Value
$625,448

Purchase Details

Listed on
Mar 26, 2025
Closed on
Jun 2, 2025
Sold by
Bought by
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
5.12%
Original Mortgage
$565,250
Interest Rate
0.0689%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 10, 2012
Closed on
Jun 27, 2012
Sold by
Bought by
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
Bought by

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
0.067%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2005
Sold by
Bought by

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
0.067%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 2003
Sold by
Bought by

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
0.0513%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 12, 2001
Sold by
Bought by

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
0.0719%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$595,000 Socal Title Company
$108,000 Lawyers Title Company
-- Chicago Title Company
$299,000 Chicago Title Company
$145,000 Multiple
$87,500 Orange Coast Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $565,250
Closed $135,000
Closed $248,606
Closed $239,200
Closed $142,759
Closed $75,473
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/11/2025 07/11/25 Sold $595,000 0.0% $467 / Sq Ft
05/26/2025 05/26/25 Pending -- -- --
04/14/2025 04/14/25 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 View Prior Sale
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,540 $132,978 $61,564 $71,414
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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV25063737

California Regional Multiple Listing Service (CRMLS)

APN: 221-051-030

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