3920 Melody Lane, Riverside, CA 92504

$650,000 Asking Price

4 beds
3 baths
1,770  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. Dont miss this opportunity to add a solid asset to your portfolio!

Features & Amenities

Interior

General:
Ceramic Counters
Laundry:
Garage
Flooring:
Carpet,Tile,Wood
A/C:
Central Forced Air
Heating:
Forced Air Unit
Fireplace:
FP in Dining Room,FP in Living Room,Gas Starter

Exterior

General:
Stucco
Style:
Ranch
Pool:
None
Parking:
Driveway, Parking spaces: 4

Construction

Roofing:
Composition
General:
1 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
Riverside

Lot

Zoning:
R1065, 193314012
View:
Neighborhood
Fencing:
Wood

Utilities

Utilities:
Sewer Connected
Water:
Public
Sewer:
Public Sewer

Financial

Source:
California Regional MLS

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.

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