Description

Stunning city light views extend to the snow-capped mountains from this spacious hilltop home located in the coveted Woodcrest area of Riverside. A total of 3 units offer numerous ownership opportunities, whether you want to "house hack" to cut your mortgage payment down, or maybe you're looking for a family compound or caregiving opportunity- this home has everything, including significant upgrades! The first unit is the main house- an open concept 4 bed 2 bathroom, stretching across 3,200 sf with a 3-car garage, upstairs loft, enclosed sun room, and improvements throughout, including plantation shutters, flooring, renovated primary bathroom with new jetted tub and separate shower, and Tesla charger capable of charging not one, but TWO electric vehicles. Along the west side of the property, a separate gate provides private access for the two additional income-producing units. Unit 2 is a studio with 1 bathroom and private laundry hookups, which is currently rented for $1,700/month. Unit 3 is a 1 bedroom 1 bathroom unit, with laundry hookups, and an option to enlarge it in the future if desired. The third unit will be delivered vacant. Units 2 and 3 each have their own tankless water heater and mini split HVAC system. Parking is no issue either, the epoxy-floored 3-car garage serves the main house, plus 4 additional driveway spaces PLUS gated RV, boat, or trailer parking- including clean-out hookup! Ownership is made even more effortless by the paid-off solar system, which offsets most of the electricity usage for the entire year. Other valuable upgrades include a commercial grade reverse-osmosis water softening system, new 400 amp electrical panel, vinyl fencing, gated entry, covered patio with ceiling fans, new main house water heater (2023), and newer main house AC. This amazing property is situated close to Orange Terrace Park, library, playgrounds, community center, shops, restaurants, banks, and top rated schools— all within walking distance! Don't sleep on your chance to take advantage of this incredible opportunity to own this property for a significantly reduced mortgage payment by offsetting expenses with your rental income. This might just be the first crucial piece to building your own real estate portfolio!