5875 Challen ave, Riverside, CA 92503
Active
$568,000
2%
2 Units
4 Beds
2 Baths
1,536 Area(sq.ft.)
Lot: 7,841 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 1 | No | $ 700 | $ 700 | $ 1,200 |
| Unit 2 | 1 | 2 | 1 | No | $ 850 | $ 850 | $ 1,200 |
| 2 | 4 | 2 | $ 1,550 | $ 1,550 | $ 2,400 |
| MLS #: | IV25031435MR |
| Days On Market: | 298 |
| Listing Date: | February 11, 2025 |
| County: | Riverside |
| Property Type: | Residential Income |
| Price per ft2: | $ 370 |
| Price per unit: | $ 284,000 |
| Year Built: | 1945 |
Property Details
Duplex located on a large corner lot. This property offers two 2-bedroom 1-bathroom units each with a private rear yard and carport. There is extra parking and space to expand. A new roof was installed within the last couple years as well as recently installed heaters. Each unit has a good size living room, kitchen with eating area and laundry hook ups. The surrounding area includes mult unit properties, newer built single-family homes and commercial buildings making this a great investment opportunity. Schools, access to freeways and public transportation are close-by. This is a great investment property, centrally located in Riverside with long term rental history.Interested in this Listing?
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Income Details
| Rent Control: | False |
| Total Annual Expense: | $ 2,972 |
| Net Operating Income: | $ 13,600 |
| Actual Gross Rent: | $ 1,550 |
Structure
| Community Features: | Street Lights |
| Sewer: | Public Sewer |
| View Description: | None |
| Water: | Public |
Land & Parking
| Zoning: | R3 |
| Land Lease Type: | Fee |
Interior
| AC/Cooling: | None |
| Heating: | Central |
| Fireplace Rooms: | None |
| Laundry: | Other |
Exterior
| Pool: | No |
| Roof: | Composition |
| Spa: | No |
Detailed Map
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