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ResidentialIncome — 6304 Riley, Riverside, CA

$675,000

6304 Riley, Riverside, CA

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About this property

Whether you’re an investor looking to maximize cash flow or a homeowner interested in offsetting your mortgage through house hacking, this property offers a rare opportunity to create multiple income-producing living spaces with much of the heavy lifting already done. Situated in a desirable neighborhood with beautiful views, this 4-bedroom, 2-bath home includes two sets of approved plans—one for a Junior ADU and another to convert the detached garage into a full ADU. Save months of planning, permitting, and design costs while stepping into a property positioned for immediate value creation. Live in the main home while generating rental income from future ADUs, create flexible space for multigenerational living, or expand your investment portfolio with a property designed for long-term appreciation and cash flow. To make the process even easier, the seller’s has bids with a construction team is available to complete the approved improvements after closing, allowing buyers to move from purchase to completed units with a streamlined, experienced team. Opportunities like this—combining a desirable location, scenic views, approved expansion plans, and a turnkey path to development—are increasingly difficult to find. Buyer to verify all permits, approvals, intended uses, and development requirements with the appropriate agencies.

Property details

Year built
1963
Property type
ResidentialIncome

Location

6304 Riley • Riverside, CA 92509

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Listed by

JARED JONES · POWER OF 2 REALTY