2789 Fairmount Boulevard

Riverside, CA 92501

$597,000

List Price

4

bed Beds

3

shower Baths

2,277 sqft

straighten / sqft

1929

calendar_month Built

Property Description

Income possibilities seem endless with this 4 Bedroom 2.5 bath + 2 BONUS ROOMS + AUXILIARY BUILDING with AMAZING VIEWS!!!! Main home has brand-new exterior paint! NO HOA. LOW, LOW TAXES. Check with City, it might be possible to divide home and outbuilding into 3 or 4 separate residences. Additionally, if City allows ADU's to 1 or more of the 4 terraces above the home there's even more potential!!!! Beautiful stone retaining walls & amazing views from the garden terraces. Here's a tour. LEVEL 1: Enter to the living room of the first floor living area and bonus room. Could a closet be added to the bonus room & turn it into an additional downstairs bedroom? Living room leads to 2 bedrooms & a full bathroom with shower & 2 sinks. This floor has two entrances: the front door & also the side door to the tandem carport for 2 cars and large storage area. Could a kitchen be added & have this first floor be it’s own residence? There is also an ADDITIONAL room that is approximately 25(?) ft x 10 ft (?) or so. This room has a separate entry door & key from the carport area. Could this become a bedroom, or better yet, a Junior ADU? LEVEL 2: As we go up the stairs we come to a huge living room and fireplace with ½ bath. Could walls be added in the living room & create more bedrooms? Could a shower be added to the 1/2 bath? Then we enter the dining/family room. Off of this room are 2 bedrooms, a full bathroom with tub, a kitchen, & a walk-in closet. Outside is a patio with hardscape leading 3 directions: 1) to the auxiliary building 2) to terraced garden levels 3, 4, 5 & 6 and 3) to the outside laundry patio/porch. Could the laundry (under a roof) be enclosed to make it an inside laundry? (the walk in closet is on the inside of laundry wall). Check with city: 1. Can the bonus room downstairs off the living room be turned into a 3rd bedroom? 2. Can the whole downstairs residential area add a kitchen making it's own residence/ADU? 3. Can the other, approx 250 sq ft bonus room with no windows and it's own front door from the carport be converted to a bdrm or ADU with windows? 4. Can the upstairs living room be converted into 2 additional bedrooms? 5. Could a shower be added to the upstairs 1/2 bath? 6. Can a kitchen & bath be added to the auxiliary building to become an ADU? (it has concrete foundation). 7. Can ADU’s be added either the 3rd, 4th, 5th &/or 6th terraces? This amazing income potential home will likely sell soon. Call today.

Listing Information

List Price $597,000
Status Active
MLS IV25029453
HOA $0
Type Residential
Subtype Single Family Residence
Year Built 1929
Lot Size 8,712
Structure Size 2,277
DOM 1
Courtesy Of BEN PLAXCO REALTY AND LOANS
Listing Agent BEN PLAXCO DRE#01212013

Interior Features

Laundry Information
Location(s) Outside, See Remarks, Upper Level
Bedroom Information
Features Bedroom on Main Level
Total Bedroom
Bedrooms 4
Total Bathroom
Bathrooms 3
Flooring Information
Material Laminate, Tile
Fireplace Information
Features Living Room
Additional Information
Additional Features Ceiling Fan(s), In-Law Floorplan, Bedroom on Main Level, Multiple Primary Suites
Cooling Type
Cooling Type Wall/Window Unit(s)
Heating Type
Heating Type Central, Natural Gas, Wall Furnace

Exterior Information

Other Structures
Structures Outbuilding
Views City Lights, Hills, Mountain(s)

Maps

home_work Nearby Properties

Listing information courtesy of: BEN PLAXCO, BEN PLAXCO REALTY AND LOANS 951-488-8900. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 17th, 2025 at 2:20 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.