Active

2789 Fairmount Boulevard

Riverside CA, 92501

$597,000


$262.19 per sqft

Active

4 Beds

3 Baths

2,277 sqft

Residential

Built in 1929

Listed by BEN PLAXCO with BEN PLAXCO REALTY AND LOANS 951-488-8900

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 1/2 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.

IV25029453

MLSⓇ ID

February 16, 2025

Listed

February 18, 2025

Updated

Interior Features

Total Stories

2


Bedrooms

4


Total Bathrooms

3


Full Bathrooms

2


Half Bathrooms

1


Interior Features

Ceiling Fan(s), In-Law Floorplan, Bedroom on Main Level, Multiple Primary Suites


Laundry Description

Outside, See Remarks, Upper Level


Floor Description

Laminate, Tile


Fireplace

Yes


Fireplace Description

Living Room


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

Yes


Heating Description

Central, Natural Gas, Wall Furnace

Exterior/Building Features

Lot Size

0.2 Acres


Lot Features

Back Yard, Sloped Down, Front Yard, Garden


Sewer

Public Sewer

School Information

School District

Riverside Unified

Other Property Details

Area Name

252 - Riverside


Days on Market

1


Garage

No


Parking

Concrete, Covered, Carport, Driveway Up Slope From Street, Tandem


Parking Total

2


View

Yes


View Description

City Lights, Hills, Mountain(s)


County

Riverside


Water Source

Public


Pool

No


Pool Features

None


Utilities

Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected


Lakefront

Yes


Zoning

R1065

Listing Contact: 951-488-8900 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 2/18/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

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Data last updated on 2/18/2025 at 10:39 AM UTC

 

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