4320 Ambs Dr, Riverside, CA 92505

Property Description

This exceptional property offers outstanding income-producing potential and is ideal for multigenerational living. Conveniently located across from an elementary school and just minutes from La Sierra University, it features two separate residences with a combined 2,518 square feet of living spaceThe first home offers 1,318 square feet, including a new 500-square-foot addition, and features 3 bedrooms, 2 bathrooms, a spacious primary suite, and a dedicated laundry room. The second home, newly constructed in 2020, also includes 3 bedrooms, 2 bathrooms, a primary suite, and a laundry room, providing modern comfort and privacy.A standout feature of the property is the newly built 900-square-foot workshop/RV garage (35' x 25') with 14-foot ceilings and a full bathroom, making it ideal for a workshop, RV storage, recreational vehicles, or additional storage. Additional improvements completed in 2020 include a 500-square-foot covered patio and an expansive concrete driveway, offering ample parking and easy access.Situated on a generous 20,909-square-foot lot, the property includes two automatic gated entrances for added security and convenience. The beautifully landscaped grounds feature a variety of mature fruit trees, including orange, mandarin, guava, passion fruit, lemon, medlar, three Guamchil trees, and pomegranate.Each residence has its own electrical meter, making this property perfect for owner-occupancy while generating rental income from the second home. With its prime location near schools, shopping, and other local amenities, this is a rare investment opportunity.Buy This exceptional property offers outstanding income-producing potential and is ideal for multigenerational living. Conveniently located across from an elementary school and just minutes from La Sierra University, it features two separate residences with a combined 2,518 square feet of living spaceThe first home offers 1,318 square feet, including a new 500-square-foot addition, and features 3 bedrooms, 2 bathrooms, a spacious primary suite, and a dedicated laundry room. The second home, newly constructed in 2020, also includes 3 bedrooms, 2 bathrooms, a primary suite, and a laundry room, providing modern comfort and privacy.A standout feature of the property is the newly built 900-square-foot workshop/RV garage (35' x 25') with 14-foot ceilings and a full bathroom, making it ideal for a workshop, RV storage, recreational vehicles, or additional storage. Additional improvements completed in 2020 include a 500-square-foot covered patio and an expansive concrete driveway, offering ample parking and easy access.Situated on a generous 20,909-square-foot lot, the property includes two automatic gated entrances for added security and convenience. The beautifully landscaped grounds feature a variety of mature fruit trees, including orange, mandarin, guava, passion fruit, lemon, medlar, three Guamchil trees, and pomegranate.Each residence has its own electrical meter, making this property perfect for owner-occupancy while generating rental income from the second home. With its prime location near schools, shopping, and other local amenities, this is a rare investment opportunity.Buyer to verify with the City's Planning Department, but the property may have the potential to accommodate up to four additional residential units.