About this home

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.

Facts and features

Schools

• Adams Elementary School

  elementary · K-6 · 0.5 mi

  5

• Ramona High School

  high · 9-12 · 1.7 mi

  5

• Sierra Middle School

  middle · 7-8 · 1.9 mi

  4

• Harvest Christian School

  elementary · K-6 · 0.5 mi

• Jackson Elementary School

  elementary · K-6 · 0.7 mi

  4

• Kids of America

  elementary · K · 0.7 mi

Price history

• Sep 25, 2026 · Price Changed$930,000
• Sep 14, 2026 · Price Changed$934,900
• Aug 26, 2026 · Price Changed$939,000
• Aug 8, 2026 · Price Changed$949,999
• Jul 26, 2026 · Price Changed$965,000
• Jul 13, 2026 · Listed$975,000
• May 18, 2026 · Listing Removed—
• Mar 3, 2026 · Price Changed$999,999

Tax history

• 2025$7,325 tax · $719,279 assessed
• 2024$7,084 tax · $654,176 assessed
• 2023$5,162 tax · $458,539 assessed
• 2022$5,067 tax · $449,549 assessed
• 2021$5,000 tax · $440,735 assessed
• 2020$4,962 tax · $436,217 assessed
• 2019$4,869 tax · $427,665 assessed
• 2018$4,774 tax · $419,281 assessed

Home value

$905,200

• Cotality$905,200
• Collateral Analytics$921,000
• Quantarium$694,549

Where it is