6304 Riley, Riverside, CA 92509

Property Description

Whether you’re an investor looking to maximize cash flow or a homeowner interested in offsetting your mortgage through house hacking, this property offers a rare opportunity to create multiple income-producing living spaces with much of the heavy lifting already done. Situated in a desirable neighborhood with beautiful views, this 3-bedroom, 2-bath home includes two sets of approved plans—one for a Junior ADU and another to convert the detached garage into a full ADU. Save months of planning, permitting, and design costs while stepping into a property positioned for immediate value creation. Live in the main home while generating rental income from future ADUs, create flexible space for multigenerational living, or expand your investment portfolio with a property designed for long-term appreciation and cash flow. To make the process even easier, the seller’s has bids with a construction team is available to complete the approved improvements after closing, allowing buyers to move from purchase to completed units with a streamlined, experienced team. Opportunities like this—combining a desirable location, scenic views, approved expansion plans, and a turnkey path to development—are increasingly difficult to find. Buyer to verify all permits, approvals, intended uses, and development requirements with the appropriate agencies.