5875 5877 Challen Avenue
Riverside, CA, 92503 $ 1,200,000
Bedrooms-- Baths2.0 Sq 2,151 Monthly Estimate*
$ 8,288
Listed by VICTOR ZAPATA, ZAPATA REAL ESTATE INVESTMENTS, INC., vzinvestor7@gmail.com
for $1,200,000 with 2 full baths. This 2,151 square foot home was built in 1945 on a lot size of 0.18.
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.
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FeaturesGeneralSewer Public Sewer
Heating Central
Cooling Central Air
Possession Close Of Escrow
Roof Composition Shingle
Appliances Disposal Gas Oven Gas Range Tankless Water Heater
HOA Fee 0
Garage Spaces 2
Architectural Style Contemporary
Pool Features None
Year Built 1945
View None
Stories Count 1
Levels One
Property Subtype Duplex
Gross Income 0
Community Features Street Lights
County Riverside
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
New Construction false
Property Type Residential Income
HOA false
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Cypress Ave / Challen Ave
City Riverside
Entry Location 1
Senior Community Y/N false
Number Of Units Total 2
MLS Area 252 - Riverside
Lot Size Units Square Feet
Lot Size Square Feet 7841
Listing Terms Cash Cash to New Loan Conventional Contract FHA Submit VA Loan
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Property Condition Additions/Alterations
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 54
Property Sub Type Additional Duplex
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InteriorInterior Amenities Granite Counters All Bedrooms Down
Fireplace Features None
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features In Garage
Entry Level 1
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ExteriorFencing Wood Wrought Iron
Parking Features Door-Single Garage
Lot Features Flag Lot Lawn
Water Source Public
Total Parking 2
Lot Size Area 7841
Number of Buildings 1
Spa false
Building Area Total 2151
Lot Size Acres 0.18
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
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* Excluded FeaturesList ByVICTOR ZAPATAListing Agent
Zapata Real Estate Investments, Inc.Broker
vzinvestor7@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $8,288
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Riverside, CA
Average List Price $1,912,029
Percent of Sale Price 59%
About Riverside, CA 322,488 Population
25% Since 2002
$ 60,101 Median Income
32.82 Median Age
35% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/1/2026 | $1,200,000 | | Listed Price |