4519 Grove Avenue

Riverside, CA 92507
$530,000
1643 sqft | 3 beds | 1 bath | 0.13 acres | #IG24254286
Courtesy of Westcoe Realtors, Inc.

Description

Calling All Investors! This property is a fantastic investment opportunity, bursting with potential and versatility. Officially recorded as a 3 bedroom, 1 bathroom home, it has been thoughtfully reconfigured into two distinct living spaces, each with its own address. The primary unit features 3 bedrooms and 1 bathroom, while the secondary unit offers 1 bedroom and 1 bathroom. Both units include individual kitchens and private entrances, making this property ideal for generating rental income. Situated on a spacious oversized lot, the property offers plenty of room for customization or expansion to meet your vision. While the property requires significant repairs, its prime location near UC Riverside, parks, golf courses, schools, shopping centers, and entertainment venues adds immense value. It is also conveniently close to the Mission Inn, Riverside Community Hospital, Riverside City College, Metrolink, and major highways. Don’t miss this exciting opportunity to create your ideal space or maximize its potential as an income producing investment!

  • Property Details
      • Interior:AllBedroomsDown
      • Bedrooms:3
      • Bathrooms:1
      • Full Baths:1
      • Stories:1
      • Lot description:TwoToFiveUnitsAcre, FrontYard, Yard
      • Acres:0.13
      • Square Feet:1643
      • Parking spaces:1
      • Property type:Purchase
      • Year built:1922
      • Sewer information:PublicSewer
      • Utility source:Public
      • School district:Riverside Unified
      • Middle School:Central
      • High School:Lincoln
      • County:Riverside
      • Original List Price:$530, 000
      • MLS #:IG24254286
      • Cost:530000
      • Property subtype:Duplex
      • MLS #:IG24254286
      • Structure type:Duplex

Location

The Alcantara GroupReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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