10351 Wells Ave , Riverside, CA 92505
$725,000
Est. Payment: $3,872.01/mo
4 Bed
2 Bath
1638 Sqft
Status: Active | Days on site: 1
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House Description

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.

Highlights

Listed by Micaela Gaxiola , 951-212-0853 Re/Max Partners , 951-278-8755. CRMLS/Multi-Regional MLS mls logo

Property Type

Residential

Lot/Acreage
0.72

Year Built

1948

County

Riverside

Area

252 - Riverside

School District

Riverside Unified

Listing ID

IG26199901

Questions about this listing?

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Interior Features

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

Exterior Features

Lot:No Land Lease
Garage Capacity:1
Others:
  • Additional:2+ Total Units
Sewer:Public Sewer
Parking Features:Door-Single,Driveway,Garage
Principal Interest
$3,872
Taxes
$462

Home Price

$725,000

Loan Details

30 yrs
7.034%

Down Payment

20%
$145,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,872.01

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,872.01 $462.19 $0.00 $4,334.19
Yearly $46,464.09 $5,546.25 $0.00 $52,010.34
Total $1,393,922.68 $166,387.50 $0.00 $1,560,310.18

Today's Rates

30 Year

7.03%

20 Year

7.02%

15 Year

6.38%

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Market insight data is pulled from the same city as the listing being viewed (Riverside, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T03:02:51.000Z

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