5875 5877 Challen Avenue,Riverside, CA 92503
Riverside, CA 92503
Description
Excellent opportunity to own a beautifully updated duplex featuring two spacious 3-bedroom, 2-bathroom units, both to be delivered vacant at closing, offering flexibility for an investor, multi-generational living, or an owner-occupant looking to live in one unit and rent the other. Both units have been expanded with newly constructed primary bedroom and bathroom additions completed in 2026, permitted, approved, and finalized in accordance with City of Riverside requirements. Each residence has its own private address, separate gas and electric meters, individual electrical subpanel, private front and backyard, and one-car garage with automatic garage door opener. The property is fully enclosed with wood and wrought-iron fencing, and each unit has its own automatic wrought-iron entry gate, providing additional privacy and separation. The interiors have been extensively updated with new flooring throughout, recessed lighting, new windows, new doors, window blinds, central A/C and heating, and tankless water heaters. Both kitchens feature new cabinetry, granite countertops, new stove/range, and exhaust fans. Bathrooms feature tile finishes, glass shower doors, new toilets, and new vanities with granite countertops. Bedrooms include mirrored closet doors. Each unit also has its own automatic front-yard sprinkler system, exterior lighting, and attractive landscaping accented by palm trees. Conveniently located near major freeways, shopping centers, schools, dining, and everyday amenities, the property is situated in an area with strong rental demand. With both units delivered vacant, separate utilities, private yards, individual garages, gated entrances, and extensive recent improvements, this property offers an excellent opportunity to establish new rents and choose your own tenants from day one. Two homes. Two private living spaces. One outstanding Riverside investment opportunity.
Details
| MLS # | IV26207216 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1945 |
| Days On Site | 28 |
| Listing Provided By | ZAPATA REAL ESTATE INVESTMENTS, INC. | VICTOR ZAPATA |
Features
| SQ Feet | 2,151 |
|---|---|
| Garage | 2 |
| Story(s) | 1 |
| Units | 2 |
| Building(s) | 1 |
| Acreage | 0.18 |
| Property View | None |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Granite Counters, All Bedrooms Down |
| Appliances | Disposal, Gas Oven, Gas Range, Tankless Water Heater |
| Fireplace Yes / No | No |
Exterior
| Roof | Composition, Shingle |
|---|---|
| Lot Features | Flag Lot, Lawn |
| Fencing | Wood, Wrought Iron |
Parking
| Parking Features | Door Single, Garage |
|---|---|
| Garage Yes / No | Yes |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Street Lights |
|---|
Area Information
| State | CA |
|---|---|
| County | Riverside |
| City | Riverside |
| Zip Code | 92503 |
| Area | 252 Riverside |
| Listing VS Median (in 92503) | |
Price: $1,200,000 low | high Med: $600,000 sqft: 2,151 low | high Med: 1,444 $ / sqft: $558 low | high Med: $420 On site: 28 low | high Med: 44 | |
Market Activity 92503
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Learn More About This Property
| State | CA |
|---|---|
| County | Riverside |
| City | Riverside |
| Zip Code | 92503 |
| Area | 252 Riverside |
| Listing VS Median (in 92503) | |
Price: $1,200,000 low | high Med: $600,000 sqft: 2,151 low | high Med: 1,444 $ / sqft: $558 low | high Med: $420 On site: 28 low | high Med: 44 | |