Property Description

***C/O OBTAINED! Private Showings Begin tomorrow Sunday, 6/7/26.*** Come be the first to view this 2-unit turnkey investment opportunity! This mixed-use property is perfectly located in the heart of Riverside, making it a perfect opportunity for both savvy investors and owner-occupants alike looking for an 11.5% gross annual yield opportunity. Featuring a well-established commercial tenant on the first floor renting for $1,700/mo. The storefront offers an open, inviting layout with large windows, ample natural light, and a welcoming reception area ideal for attracting foot traffic. Additional rooms at the rear provide functional space suitable for various business uses. Above the commercial space, discover a spacious, beautifully-maintained two-level residential unit with a separate entrance ensuring privacy. The residental unit projected rent is $2,500-$2600/month. Includes 3 bedrooms, 1 bathroom, a living room with plenty of natural lighting, and a well-appointed eat-in kitchen with plenty of cabinetry and dining space. Comfortable bedrooms offer generous closet storage, and the modern bathroom features updated fixtures. The newer roof was replaced a couple years ago. Private off-street parking is conveniently located at the rear of the property. Additionally, there is convenient on-street parking available directly in front of the building, providing ample parking options for both residents and their friends/family gatherings along for business patrons. Positioned near shopping, dining, and local services, and just two blocks from the Riverside Light Rail Station and Bus Stop. The commercial or residential rent offsetting any debt/DTI from the current rents making qualifying for the mortgage easier. You can picture it now. No additional renovations will be needed. So bring your furniture, hang a few paintings, and sit back and relax! Welcome Home.

Property Features

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