$480,000
$499,950
4.0%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
5,663 Sqft Lot
SOLD DATE : 05/19/2025
Key Details
Sold Price $480,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID IV25062875
Sold Date 05/19/25
Bedrooms 2
HOA Y/N No
Lot Size 5,663 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Charming duplex located near downtown and UCR for sale! There are two separate units with a common wall. Each unit offers 1 bedroom, 1 bathroom, a living room, and a kitchen (stove stays). Each unit also has an attached laundry room, large enough for a tenant-supplied washer and dryer, accessible from outside the unit. Both units include a wall furnace in the living room and two a/c wall units - one is located in the bedroom and one in the living room. The electricity and gas is separately metered, the water is on one meter. The front units address is 4156, and is 506 square feet, and offers convenient street parking. The back units address is 4158, and is 570 square feet, and boasts a chan link gated pull through fence along the back, with a private concrete pad which is space for two cars. The parking space is accessible from the alley behind the unit. The duplexs yard is enclosed by a chain link fence and each unit has their own gated, fenced yard. The front yard is equipped with automatic sprinklers for easy maintenance. The seller is selling this property with tenants in place, providing immediate rental income! The front unit, 4156, was rehabbed 2 years ago with new laminate flooring through out, bottom cabinets in the kitchen,stove, new wall furnace, window coverings, new tile, repairs to subfloors in the kitchen, new bathroom vanity and more! Both tenants are on a month-to-month lease. The front tenant (4156) pays $1,575, and the back tenant (4158) pays $1,625 with a rent increase in April to $1650.00. Both units are managed by a property management company. This co
Charming duplex located near downtown and UCR for sale! There are two separate units with a common wall. Each unit offers 1 bedroom, 1 bathroom, a living room, and a kitchen (stove stays). Each unit also has an attached laundry room, large enough for a tenant-supplied washer and dryer, accessible from outside the unit. Both units include a wall furnace in the living room and two a/c wall units - one is located in the bedroom and one in the living room. The electricity and gas is separately metered, the water is on one meter. The front units address is 4156, and is 506 square feet, and offers convenient street parking. The back units address is 4158, and is 570 square feet, and boasts a chan link gated pull through fence along the back, with a private concrete pad which is space for two cars. The parking space is accessible from the alley behind the unit. The duplexs yard is enclosed by a chain link fence and each unit has their own gated, fenced yard. The front yard is equipped with automatic sprinklers for easy maintenance. The seller is selling this property with tenants in place, providing immediate rental income! The front unit, 4156, was rehabbed 2 years ago with new laminate flooring through out, bottom cabinets in the kitchen,stove, new wall furnace, window coverings, new tile, repairs to subfloors in the kitchen, new bathroom vanity and more! Both tenants are on a month-to-month lease. The front tenant (4156) pays $1,575, and the back tenant (4158) pays $1,625 with a rent increase in April to $1650.00. Both units are managed by a property management company. This company has the tenants security deposits. Seller pays for repairs/maintenance, lawn maintenance, $140 a month, pest control (bugs), $98 every other month and water, which is about $65.00 a month. Please do not disturb tenants! Drive by only. Make offer subject to interior inspection. Tenants do not know the property is for sale. NO SIGN ON THE PROPERTY. Buyer to verify square feet, permits, etc.
Location
State CA
County Riverside
Area Riv Cty-Riverside (92507)
Zoning Public Rec
Interior
Cooling Wall/Window
Exterior
Roof Type Composition
Building
Lot Description Sidewalks
Story 1
Lot Size Range 4000-7499 SF
Level or Stories 1 Story
Others
Monthly Total Fees $5
Acceptable Financing Cash, Conventional, Exchange
Space Rent $2
Listing Terms Cash, Conventional, Exchange
Financing Conventional
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