Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Duplex

Bedrooms

2

Building size

1,324 sqft

Lot size

8,712 sqft

Year built

1943

Stories

1

Garage spaces

0

Heating

Wall Furnace

Cooling

Wall/Window Unit(s)

Pool

None

Status

Active

Days on market

109

MLS #

247234158

About this property

This is a great opportunity to own a duplex in a prime Riverside location with tons of potential. Both units have been renovated and offer 2 bedrooms and 1 bathroom each, making it a solid option for investors or even an owner-occupant looking to offset their mortgage. One of the units is currently vacant and move-in ready, featuring a spacious living room, a separate kitchen with quartz countertops, a new stove and range hood, and an updated bathroom with matching quartz finishes. There’s also a small private back patio that adds a nice touch of outdoor space. The other unit is tenant-occupied on a month-to-month lease. What really sets this property apart is the lot size and the possibilities that come with it. There’s room to expand the existing units, add a garage or laundry area, or even build an additional unit or another duplex (buyer to verify). It’s a rare chance to add value and maximize returns over time. The location is hard to beat—just minutes from the 91 freeway and close to the Galleria at Tyler, with plenty of shopping, dining, and entertainment nearby. It’s also conveniently located near schools, making it attractive for tenants. Properties like this don’t come around often, Don’t miss out on a strong investment in one of Riverside’s most convenient areas.

Location

3928 Everest

Riverside, Riverside, CA, 92503