3479 Hoover Street, Riverside, CA 92504

Property Description

Investor's Dream! Value-Add Opportunity with Income Potential! Beautifully renovated single-story property on an expansive approximately 15,000 sq. ft. double lot offering endless possibilities for investors, owner-occupants, and multi-generational living. The property features a permitted 2-bedroom, 2-bath main home (approximately 1,200 sq. ft.) plus an unpermitted studio ADU with 1 bedroom, 1 bath, a private entrance, and potential for future expansion (buyer to verify). A detached garage with drywall and bathroom hookups provides additional value-add potential for those exploring future conversion opportunities (buyer to verify permits and feasibility with the City of Riverside). The oversized lot and existing improvements create an exceptional opportunity for rental income, house hacking, long-term investment, or future development. The spacious backyard includes a huge pool, adding to the property's appeal. Conveniently located on a quiet cul-de-sac with quick freeway access, just minutes from UC Riverside, California Baptist University, downtown Riverside, parks, restaurants, and shopping. Sold AS IS. Buyers, brokers, and agents are advised to conduct their own due diligence regarding permits, square footage, zoning, allowable uses, and development potential.