10351 Wells Ave

Riverside, CA 92505
  • $725,000

    Price
  • 4

    Bed
  • 2

    Bath
  • 1,638

    SqFt
  • 0.72

    Acre

About the Listing KPRT01 - IGGAXIMIC

Prime Riverside Investment Opportunity — Two Homes on an Expansive Lot! Exceptional investment opportunity in Riverside! Located at 10351 & 10353 Wells Avenue, this unique property features two separate homes on an impressive 31,363 sq. ft. lot, offering tremendous potential for investors and multi-generational living. The property currently provides existing rental income from two well-maintained units, while the expansive lot presents an exciting opportunity to explore the possibility of adding one or two additional units (Buyer to independently verify development/building potential, zoning, permits, and requirements with the City of Riverside). The front home offers a spacious and inviting living room with recessed lighting and a cozy fireplace, tile and laminate wood flooring, upgraded maple cabinetry, a mini-split HVAC system, pantry/utility room, one-car attached garage, and washer/dryer hookups. Enjoy your own private patio and yard—perfect for relaxing or entertaining family and friends. The rear unit also features upgraded maple cabinetry, washer and dryer hookups, a private yard, and a mini-split HVAC system. Both homes have been thoughtfully upgraded and are well cared for by the current tenants. Additional highlights include a roof replacement completed in 2022 and an abundance of parking, with plenty of room for multiple vehicles, trucks, RVs, recreational toys, and more. Conveniently located near freeways, Galleria Mall, shopping centers, restaurants, and everyday amenities, this property combines current income-producing potential with valuable future possibilities. Opportunities like this are hard to find! Whether you're looking to expand your investment portfolio, generate rental income, or take advantage of the property's substantial land and development potential, this Riverside property is worth a closer look. Please DO NOT disturb Tenants.

Listing Highlights for 10351 Wells Ave

Status Pending
Days on Site 40
Property Type Multi-Family
MLS ® IG26190778
Year Built 1948
Total Square Footage 1,638
Lot/Acreage 0.72

Interior Details

  • Bedrooms: 4
  • Bathrooms: 2 Full
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator
  • Air Cond: Electric,Wall/Window Unit(s)
  • Heating: Wall Furnace
  • Fireplaces: Living Room
  • Floor: Laminate,Tile
  • Basement:
  • Other: Ceiling Fan(s),Laminate Counters,Utility Room
  • Water: Public

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: 1 car
  • Parking Spaces: 1
  • Roof:
  • Others: 2+ Total Units
  • Sewer: Public Sewer
  • Parking Features: Door-Single,Driveway,Garage

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 147220012
  • Tax Year: N/A

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10351 Wells Ave Riverside, CA 92505

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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