4187 Dwight Ave Riverside, CA 92507
Eastside NeighborhoodEstimated payment $4,287/month
Highlights
- Very Popular Property
- No HOA
- Living Room
- Lawn
- Neighborhood Views
- Turnkey
About This Home
Rare Opportunity with Future Upside! This unique property features two beautifully finished homes on one lot, thoughtfully positioned on opposite sides of the property to maximize privacy and functionality. Both residences are fully operational and showcase quality workmanship, creating an ideal setup for multigenerational living, rental income, or owner-occupancy with supplemental income potential. As an added bonus, the seller has already consulted with an architect and obtained conceptual plans illustrating the potential placement of a third home on the property (buyers should verify all development possibilities with the appropriate agencies). Whether you’re looking for a turnkey investment, a family compound, or a property with future expansion potential, this offering combines immediate usability with exciting long-term possibilities. Cap rate reflects a stabilized, pro forma analysis based on market rents and reassessed property taxes, resulting in a 5.9% projected return.
Listing Agent
Re/Max Partners Brokerage Phone: 714-673-5181 License #01877582 Listed on: 06/22/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1943
Lot Details
- 7,841 Sq Ft Lot
- Block Wall Fence
- Lawn
- Front Yard
Home Design
- Entry on the 1st floor
- Turnkey
- Shingle Roof
Interior Spaces
- 1,781 Sq Ft Home
- 1-Story Property
- Living Room
- Neighborhood Views
- Laundry Located Outside
Kitchen
- Gas Oven
- Microwave
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Schools
- Pachappa Elementary School
- Gage Middle School
- Polytechnic High School
Additional Features
- Exterior Lighting
- Wall Furnace
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 77
- Tax Tract Number 1
- Assessor Parcel Number 221051020
- $66 per year additional tax assessments
- Seller Considering Concessions
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,454 | $395,352 | $72,828 | $322,524 |
| 2023 | $4,308 | $380,000 | $70,000 | $310,000 |
| 2022 | $3,981 | $351,900 | $71,400 | $280,500 |
| 2021 | $3,932 | $345,000 | $70,000 | $275,000 |
| 2020 | $2,933 | $254,689 | $63,672 | $191,017 |
| 2019 | $2,878 | $249,696 | $62,424 | $187,272 |
| 2018 | $2,822 | $244,800 | $61,200 | $183,600 |
| 2017 | $1,787 | $159,045 | $63,565 | $95,480 |
| 2016 | $1,674 | $155,927 | $62,319 | $93,608 |
| 2015 | $1,153 | $100,329 | $40,030 | $60,299 |
| 2014 | -- | $98,366 | $39,247 | $59,119 |
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 |
|---|---|---|---|---|---|
| 06/24/2026 06/24/26 | Pending | -- | -- | -- | |
| 06/22/2026 06/22/26 | For Sale | $724,999 | +90.8% | $407 / Sq Ft | |
| 12/27/2022 12/27/22 | Sold | $380,000 | -4.5% | $353 / Sq Ft | View Prior Sale |
| 12/06/2022 12/06/22 | Pending | -- | -- | -- | |
| 11/30/2022 11/30/22 | For Sale | $398,000 | -- | $370 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Lawyers Title | |
| Grant Deed | -- | Lawyers Title | |
| Grant Deed | $380,000 | Orange Coast Title | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Grant Deed | $120,000 | Pacific Coast Title Company | |
| Interfamily Deed Transfer | -- | North American Title Company | |
| Interfamily Deed Transfer | -- | North American Title Company | |
| Quit Claim Deed | -- | None Available | |
| Grant Deed | -- | None Available |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $422,200 | New Conventional | |
| Closed | $422,200 | New Conventional | |
| Previous Owner | $323,000 | New Conventional | |
| Previous Owner | $120,000 | Construction | |
| Previous Owner | $70,000 | New Conventional |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IG26134128
APN: 221-051-020
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Ask me questions while you tour the home.