5875 Challen Ave , Riverside, CA 92503
$1,200,000
Est. Payment: $6,226.54/mo
6 Bed
4 Bath
2151 Sqft
0.18 Acres
Status: active | Days on site: 31
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IVZAPATA - IZAPAVIC
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House 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.

Highlights

Listed by VICTOR ZAPATA , 626-693-2542 ZAPATA REAL ESTATE INVESTMENTS, INC. , 626-693-2542. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.18

Year Built

1945

County

Riverside

Area

252 - Riverside

Listing ID

IV26207216

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:6
  • ▪ Bathrooms:4
Appliances:Disposal, Gas Oven, Gas Range, Tankless Water Heater
Air Cond:Central Air
Fireplaces:
Other:
  • ▪ Additional:Granite Counters, All Bedrooms Down
Water:Public

Exterior Features

Lot:Flag Lot,Lawn,No Land Lease
Garage Capacity:2
Roof:Composition,Shingle
Others:
  • ▪ Additional:Additions/Alterations, 2+ Total Units
Sewer:Public Sewer
Parking Features:Door-Single,Garage
Principal Interest
$6,227
Taxes
$765

Home Price

$1,200,000

Loan Details

30 yrs
6.75%

Down Payment

20%
$240,000
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:
$6,226.54

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,226.54 $765.00 $0.00 $6,991.54
Yearly $74,718.50 $9,180.00 $0.00 $83,898.50
Total $2,241,555.02 $275,400.00 $0.00 $2,516,955.02

Today's Rates

30 Year

6.75%

20 Year

6.86%

15 Year

6.24%

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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: 2026-11-07T21:34:20.000Z

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