4048 9th Street, Riverside, CA 92501

$555,000
2
BD
1
BA
1,010
SqFt

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List Price
$555,000
Status
ACTIVE
MLS#
IV26164090
Year Built
1911
Bedrooms
2
Bathrooms
1
Living Sq. Ft
1,010
Lot Size
3,049
Acres
0.07
Lot Location
Rectangular Lot
Days on Market
0
Property Type
Single Family Residential
Style
Bungalow
Property Sub Type
Single Family Residence
Stories
One Level

Property Description

Turnkey Raincross District Bungalow with Rare R3 Zoning & Potential Property Tax Savings through the Mills Act! Discover this beautifully modernized 1911 California bungalow, combining classic turn-of-the-century character with exceptional investment flexibility in Downtown Riverside's premier Raincross District. Radiating exceptional curb appeal with a welcoming 28-foot covered front porch, this completely updated detached home flows into an expansive dual-living layout. This home has over 1,010 square feet of living space, featuring a spacious family room and an elegant formal dining room. The light-filled interior showcases premium laminate flooring, double-pane windows, and a beautifully updated kitchen equipped with granite countertops, upgraded cabinetry, tile flooring, a large walk-in pantry, and a petite breakfast bar. Both generous bedrooms anchor a smart Jack-and-Jill full bathroom layout, complemented by a large indoor laundry room situated directly off the kitchen. Absolute peace of mind is guaranteed with extensive capital improvements, including a newer roof, an upgraded electrical panel, and central air and heating. The private, low-maintenance paver backyard features a secure fenced perimeter enclosing dedicated off-street parking for two vehicles. 200 amp electric meter gives flexibility to car charging. A partial basement provides ideal additional storage or creative workshop potential. Strategically backed by the Downtown Specific Plan, buyers can exploit rare R3 zoning, which permits multi-family expansion, a live/work setup, or professional medical and dental offices. Additionally, the property qualifies for the California Mills Act, offering the next owner up to a 60% permanent reduction in annual property taxes to directly reinvest into the property. Enjoy elite urban walkability just blocks from the historic Mission Inn Hotel, the popular Riverside Food Lab, Riverside Art Museums, and Riverside City College. This perfect starter home is close to shopping, restaurants, worship, and top notch medical care. Must see to appreciate.

Additional Information

Appliances
Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater
Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
City Lights
Patio
Covered, Front Porch, Patio, Porch
Roof
Composition, Shingle
Sewer
Public Sewer
Water
Public
School District
Riverside Unified
Elementary School
Bryant
Middle School
Central
High School
Polytechnic
Interior Features
Ceiling Fan(s), Separate/Formal Dining Room, Eat-in Kitchen, Granite Counters, Open Floorplan, Pantry, All Bedrooms Down, Attic, Bedroom on Main Level, Jack and Jill Bath, Loft, Walk-In Pantry, Wine Cellar
Attached Structure
Detached
Number Of Units Total
1

Listing courtesy of Listing Agent: JOSEPH HUELSKAMP (pwadvisor@gmail.com) from Listing Office: EXP REALTY OF CALIFORNIA INC.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.