4027 Dwight Avenue

Closed 7/11/25
Closed 7/11/25
Gallery Image 1
Last Sold Price
$595,000
2 beds1,273 sqft$467/sqft
4027 Dwight Ave, Riverside, CA 92507

Description

Own a charming, income-producing duplex just 1.4 miles from the University of California, Riverside - perfect for house hacking, investors, or multigenerational living. Live in one unit and rent out the other, or rent both and watch the cash flow grow. Each unit offers 1 bedroom, 1 bath, updated kitchens with granite counters, durable tile flooring, dual-pane windows for energy efficiency, and fresh interior paint. Both also feature their own private laundry rooms, separate gas and electric meters,...Own a charming, income-producing duplex just 1.4 miles from the University of California, Riverside - perfect for house hacking, investors, or multigenerational living. Live in one unit and rent out the other, or rent both and watch the cash flow grow. Each unit offers 1 bedroom, 1 bath, updated kitchens with granite counters, durable tile flooring, dual-pane windows for energy efficiency, and fresh interior paint. Both also feature their own private laundry rooms, separate gas and electric meters, and welcoming front porches that enhance curb appeal. The front unit includes a bonus den - ideal as a second bedroom, office, or studio. Rental potential is strong, with projected rents of $1,550–$1,600 per unit and an even greater upside. The detached garage accessed from the alley is eligible for conversion into a third unit (ADU), per Riverside Planning, creating even more income potential. There's also room to expand parking for cars, an RV, or a boat by modifying the existing alley fence. With this convenient location, you can get groceries, enjoy a meal at a restaurant, work out at the gym, go to the post office, and have some outdoor fun at either of two local parks all within half a mile. Commuters will love the easy access to the 91 and 215 freeways. The property qualifies for City National Bank’s Ladder Up program, offering a $20,000 grant toward your down payment and closing costs, plus no mortgage insurance and a 5% down payment minimum. Other down-payment assistance programs are also available. With strong rental demand from UCR students and staff, the flexibility of alley access, and a price point under $600,000 in a low-tax county, this property is a rare find. Whether you’re looking to invest, supplement your mortgage with rental income, or build long-term wealth, 4027 Dwight Ave delivers.
LISTING CLOSED: 07/11/2025 12:00 AM

  1. Listed by Caleb Hanson • DRE #01773995 • Brokerage DRE #02200120 • KELLER WILLIAMS REALTY COLLEGE PARK • 626-328-4199

Property Details for 4027 Dwight Avenue

Status
Closed
MLS #
CV25052736
Days on Market
51
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Townhouse
MLS Type
Residential
Year Built
1943
Lot Size
0.14 AC / 6,098 SF
County
Riverside County
Architectural Style
Bungalow
View
Mountain(s)
Parking Spaces Total
2
Private Pool
No
Cooling Type
Wall/Window Unit(s)
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1273
Assessor Parcel Number
221-051-030
Property Attached YN
false
Common Walls
No Common Walls
New Construction
No
Average Studio Area Units
Square Feet
Average 1 Bed Area Units
Square Feet
Average 2 Bed Area Units
Square Feet
Average 3 Bed Area Units
Square Feet
Building Area Total
1273
Building Area Units
Square Feet
Stories Total
1
Entry Level
1
Fireplace
No
Pool
No
Spa
No
View
Yes
View
Yes
Parking for RV
Garage - Single Door, Garage Door Opener
Association
No
Association Fee
$.00
Zoning
R2
Senior Community
No
Parcel Number
221051030
Area
Riverside (252)
High School District
Riverside Unified
Directions
From CA-91 W. Take exit 64 for Mission Inn Ave toward Downtown. Turn left onto Mission Inn Avenue. Turn right onto Comer Ave. Turn left onto University Ave, Pass by McDonald's on the right. Turn right onto Dwight Ave. Destination will be on the right

Recent comparable sales

Median sold price

$590,000

Avg days on market

45

Sale-to-list ratio

96.4%

Riverside, CA

9 comparable properties found

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1

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Bedrooms
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Square Feet
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3458 Brockton Avenue, Riverside, CA 92501

a front view of a house with garden
2

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Bedrooms
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Square Feet
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Acres

4081 5th Street, Riverside, CA 92501

a view of a house with a swimming pool
3

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Bedrooms
2
Bathrooms
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Square Feet
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Acres

3110 Lime Street, Riverside, CA 92501

$573,100 | 2807 Pleasant Street, Riverside, CA 92507
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Bedrooms
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Bathrooms
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2807 Pleasant Street, Riverside, CA 92507

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Acres

3110 Brockton Avenue, Riverside, CA 92501

a front view of a house with a yard and garage
6

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Sold 12/23/24

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Bedrooms
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Square Feet
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Acres

3561 Russell Street, Riverside, CA 92501

$519,000 | 2041 Blenheim Street, Riverside, CA 92507
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Square Feet
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Acres

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Acres

3043 Market Street, Riverside, CA 92501

$529,000 | 4275 Alta Vista Drive, Riverside, CA 92506
9

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Bedrooms
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Square Feet
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4275 Alta Vista Drive, Riverside, CA 92506

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Location

Listing Courtesy of KELLER WILLIAMS REALTY COLLEGE PARK, Caleb Hanson, DRE #01773995

Sold By CENTURY 21 REALTY MASTERS, CARLOS DE SANTOS, DRE #02075285

Add your commute

Building Information for 4027 Dwight Avenue

Stories1Residences-Year Built1943Building Size-Lot Size0.14 AC / 6,098 SF

Payment Calculator

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$3,152 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,024

Property Taxes

$128

HOA Dues

$0

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Property Information for 4027 Dwight Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $37,200
  • Gross Scheduled Income: $37,200
  • Net Operating Income: $30,531
  • Financing: Conventional
Expense Details
  • Operating Expense: $6,669
  • New Taxes Expense: $6,014
  • Insurance Expense: $655
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $6,669
Tax / Assessment Info
  • Tax Tract Number: 020019
  • Tax Census Tract: 305.01
  • CFD/Mello-Roos Fee: $64
  • Tax Lot: 67
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Special Assessments
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights, Suburban
Property / Structure Info
Interior Features
  • Appliances: Gas Range, Gas Water Heater, Range Hood, Water Heater Central
  • Equipment: Gas Range
  • Interior Features: Granite Counters
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Room Bathroom Features: Bathtub, Shower in Tub, Main Floor Full Bath
  • Bedroom Features: All Bedrooms Down, Main Floor Bedroom
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen
  • Eating Area: Area, In Kitchen
  • Water Heater Features: Central Water Heater, Gas
  • Water Heater Type: Gas, Water Heater Central
  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup, In Garage, Washer Hookup
  • Laundry Location: Electric, Washer Hookup
  • Laundry Utilities: Electric, Washer Hookup
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Fireplace: N/K
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Wall Furnace
  • Heating: Wall Furnace
  • Heat Equipment: Wall/Gravity
  • Flooring Type: Tile
  • Floor Coverings: Tile
  • Flooring: Tile
  • Virtual Tour URL Unbranded: https://www.qwikvid.com/realestate/go/v1/mls/?idx=0pLg8viaFHrmgzKguzs9s8IYx2j30TuE
Exterior Features
  • Window Features: Double Pane Windows
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Security: Carbon Monoxide Detectors
  • Construction Materials: Vinyl Siding
  • Exterior: Vinyl
  • Roof: Composition, Shingle
  • Entry Location: Front Door
  • Fence: Yes
  • Fence: Wood
  • Fencing: Wood
  • Foundation Details: Raised
  • Foundation Details: Raised
  • Structures: Storm Drains, Suburban
  • Structure Type: Duplex
  • Other Structures: Two On A Lot
  • Property Condition: Turnkey
  • Miscellaneous: Storm Drains, Suburban
  • Patio: Yes
  • Patio And Porch Features: Concrete, Front Porch
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
  • Spa Features: None
  • Spa Heat: N/K
Land/Lot Info
  • Sign on Property: No
  • Lot Features: Back Yard, Front Yard, Rectangular Lot, Level, Near Public Transit, Park Nearby, Sprinkler System, Yard
  • Lease Considered: No
  • Direction Faces: East
  • Number Of Units: 2
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Sprinklers: Yes
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer, Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Electricity - On Property
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Door Opener, Garage, Garage - 1 Car, RV Access
  • Parking Non-Garage: Garage - Single Door, Garage Door Opener
  • Parking Garage Spaces: 2
  • Parking Garage: Garage - Single Door, Garage Door Opener
  • Carport Spaces: 0
  • Attached Garage: No
  • Parking Features: Garage Faces Rear, Garage - Single Door, Garage Door Opener, No Driveway, RV Access/Parking
Property / Structure Info
  • Architectural Style: Craftsman/Bungalow
  • Residential Styles: Res Income 2-4 Units
  • Residential Unit Location: No Common Walls
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 1550
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 1550
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number With Range: 2
  • Number Wall AC: 2

Property History for 4027 Dwight Avenue

DateEvent & SourcePriceAppreciation
Jul 11, 2025

Sold

SDMLS #CV25052736

$595,000—
Jul 11, 2025

Sold

CLAW #CV25063737MR

—
Jul 11, 2025

Sold

CLAW #CV25052736MR

—
DateEvent & SourcePrice
07/11/2025

Sold

SDMLS #CV25052736

$595,000
07/11/2025

Sold

CLAW #CV25063737MR

—
07/11/2025

Sold

CLAW #CV25052736MR

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 4027 Dwight Avenue

Taxable ValueLand$179,000Additions$416,000Total$595,000
Tax Record2025$1,540 ($128 / month)
Home Facts
Beds2Baths2Total Finished SqFt1,273 SqFtAbove Grade Finished SqFt1,273 SqFtStories1Lot Size6,098 SqFtStyleSingle Family ResidenceYear Built1943Year Renovated1943ZoningR2CountyRIVERSIDEAPN221-051-030

Schools near 4027 Dwight Avenue

This home is within Riverside Unified School District.
Rating
School
Type
Grades
Distance
Pachappa Elementary School
Public - K to 6
Matthew Gage Middle School
Public - 7 to 8
Polytechnic High School
Public - 9 to 12
Abraham Lincoln Continuation School
Public - 9 to 12
Rating
School
Distance
Pachappa Elementary School
PublicK to 6

Matthew Gage Middle School
Public7 to 8

Polytechnic High School
Public9 to 12

Abraham Lincoln Continuation School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 4027 Dwight Avenue, Riverside, CA 92507
$595,000
2
1,273
6,098
4011 Dwight Avenue, Riverside, CA 92507
$87,500
2
2
1,076
6,098
4059 Dwight Avenue, Riverside, CA 92507
–
2
2
1,076
6,098
3995 Dwight Avenue, Riverside, CA 92507
–
3
2
1,200
6,970
3981 Dwight Avenue, Riverside, CA 92507
–
2
2
1,273
5,663
4075 Dwight Avenue, Riverside, CA 92507
–
2
2
1,076
6,098

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KELLER WILLIAMS REALTY COLLEGE PARK, Caleb Hanson, DRE #01773995

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.