Turn-key investor opportunity. Originally built in 2016 and thoughtfully reimagined in 2025, this residence has been transformed into three fully permitted units, all created within the original footprint and finished to a high-end standard. Rental increases on 9/1/26 allow the property to offer a combined $6,600 per month in gross rent across the following unit mix: Unit A – 4BR/2.5BA, approximately 1,445 square feet with a 1-car garage, renting for $3,200 per month; Unit B – 1BR/1BA, approximately 550 square feet, renting for $1,800 per month; and Unit C – a studio of approximately 475 square feet, renting for $1,600 per month. Clever spatial planning ensures that each unit features its own private entrance, a uniquely functional layout, and two dedicated parking spaces. Interior upgrades exceed what is typically found in multi-family configurations, including quartz and granite countertops, vinyl plank flooring throughout, split-unit HVAC systems, vaulted ceilings, recessed lighting, tankless water heaters, stainless steel appliances, and all-new kitchen cabinetry. Situated on a meticulously landscaped .23-acre lot, the outdoor amenities create a serene, park-like environment with multiple shaded pavilions, a fire pit, mature trees, manicured landscaping, and thoughtfully designed outdoor cooking areas. Located conveniently close to Cal Baptist University, University of California at Riverside, most major freeways and local retail hubs. Combining comprehensive remodeling, newer construction, and a strong rent roll, this property presents a rare, turn-key opportunity for investors seeking both quality and cash flow.
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986
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Zillow last checked:
Listing updated:
Listed by:
MILES TURNERDRE #01398531951-640-7345,
Tower Agency
Source: CRMLS,MLS#: IV26141539Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 5
Rooms
Room types: Family Room, Kitchen
Heating
Central
Cooling
Central Air
Appliances
Included: Tankless Water Heater
Laundry: Inside, Stacked
Features
Granite Counters, High Ceilings, Recessed Lighting
Flooring: Vinyl
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: No Common Walls
Interior area
Total structure area: 2,470
Total interior livable area: 2,470 sqft
Property
Features
Levels: Two
Stories: 2
Entry location: varied
Pool features: None
Spa features: None
Fencing: Vinyl
Has view: Yes
View description: None
Lot
Size: 10,019 Square Feet
Features: Landscaped
Details
Parcel number: 191150036
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Architectural style: Contemporary
Property subtype: Multi Family
Materials
Foundation: Concrete Perimeter
Roof: Tile
Condition
Turnkey
New construction: No
Year built: 2016
Utilities & green energy
Electric: Standard
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
Features: Street Lights, Suburban
Location
Region: Riverside
Financial & listing details
Price per square foot: $385/sqft
Tax assessed value: $654,176
Annual tax amount: $7,326
Date on market: 7/13/2026
Cumulative days on market: 30 days
Listing terms: Submit
Total actual rent: 6600
Tenant pays: All Utilities, Electricity, Gas, Sewer, Trash Collection, Water