3920 Melody Lane, Riverside, CA 92504

$650,000 Asking Price

4 beds
4 baths
1,591  sqft
Built in 1951

Prime Investment Opportunity! Discover this charming single-level home, perfect for savvy investors! Currently occupied by tenants, this property boasts numerous upgrades that enhance its appeal and functionality. Key Features: Investment Ready: Tenants in place, providing immediate rental income. Upgrades: Enjoy modern finishes and improvements throughout, including updated kitchen appliances, stylish flooring, and renovated bathrooms. Spacious Layout: Open-concept living areas that maximize space. Outdoor Space: Backyard offers potential for relaxation or entertaining. Convenient Location: Close to schools, shopping, and parks, making it an attractive choice for future tenants. Don’t miss this opportunity to add a solid asset to your portfolio!


Features & Amenities

Interior

General:
Breakfast Bar,Ceiling Fan(s),Ceramic Counters,All Bedrooms Down,Bedroom on Main Level
Appliances:
Dishwasher,Gas Range,Gas Water Heater,Microwave
Laundry:
In Garage
Flooring:
Carpet,Tile,Wood
A/C:
true, Central Air
Heating:
true, Central
Fireplace:
Dining Room,Gas Starter,Living Room,Wood Burning, Fireplace

Exterior

General:
Shed(s)
Style:
Ranch
Other Structures:
Shed(s)
Pool:
None
Parking:
Concrete,Driveway,Garage, Parking spaces: 4

Construction

Roofing:
Composition
General:
Stucco, 1

Location

HOA Amenities:
0.0
Originating MLS:
CRMLS
School District:
Riverside Unified
County:
Riverside

Lot

Zoning:
R1065, 193314012
View:
Neighborhood, View
Fencing:
Wood

Utilities

Utilities:
Sewer Connected
Water:
Public
Sewer:
Public Sewer

Financial

Source:
CRMLS

This listing courtesy of:
First Team Real Estate, Steven Osborne

About Riverside, CA

Housing

Number of Units
117,460
Median Home Value
$425,369
Median Rent
$1,318

42.75% of housing units are renter occupied.

3.67% are vacant.

Commute

Car
75.18%
Public Transportation
2.06%
Walk to Work
1.69%
Work from Home
19.74%
Other
0.66%

The median travel time to work is 27 minutes.

People

Population
369,431
Median Age
33.20
Median Household Size
3.32

Education

High School
25.48%
Associate’s Degree
7.98%
Bachelor’s Degree
15.27%
Graduate Degree
10.52%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Similar Homes

Message

Interested in this home?

Request more information: