31
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$675,000
Est. payment /mo
5 Beds
8,712 Sqft Lot
New
6304 Riley Riverside, CA 92509
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID IV26173010
Bedrooms 5
Lot Size 8,712 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Whether youre an investor looking to maximize cash flow or a homeowner interested in offsetting your mortgage through house hacking, this property offers a rare opportunity to create multiple income-producing living spaces with much of the heavy lifting already done. Situated in a desirable neighborhood with beautiful views, this 4-bedroom, 2-bath home includes two sets of approved plansone for a Junior ADU and another to convert the detached garage into a full ADU. Save months of planning, permitting, and design costs while stepping into a property positioned for immediate value creation. Live in the main home while generating rental income from future ADUs, create flexible space for multigenerational living, or expand your investment portfolio with a property designed for long-term appreciation and cash flow. To make the process even easier, the sellers has bids with a construction team is available to complete the approved improvements after closing, allowing buyers to move from purchase to completed units with a streamlined, experienced team. Opportunities like thiscombining a desirable location, scenic views, approved expansion plans, and a turnkey path to developmentare increasingly difficult to find. Buyer to verify all permits, approvals, intended uses, and development requirements with the appropriate agencies.
Location
State CA
County Riverside
Zoning Assessor
Direction Off Limonite Ave
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 186052001
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Listed by JARED JONES, DRE#01822924 POWER OF 2 REALTY
NEARBY SCHOOL & BUSINESS
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