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Updated Duplex with Two Residences
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40041 Dutton, Cherry Valley, CA 92223

Two detached homes provide separate living spaces on one lot with parking and outdoor areas.

Property SizeContact for details
Days on Market13

Property Features for 40041 Dutton

General Information

Standard status Active
Property subtype Multifamily
Zoning Public Rec

Units

Unit Mix 1 x 3BR/1BA, 1 x 1BR/1BA
Multifamily Units 2

Additional Details

Highway Access Yes

Building Details

Buildings 2
Units 2
Listing Agency: PROSPERITY REAL ESTATE & ASSOC
Listed By: Faviola Nieves · License #01797680
Source: Crexi
Added: Aug 24 Changed: Sep 1 Last Checked: Sep 1 at 9:09PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of PROSPERITY REAL ESTATE & ASSOC

Investment Insights

Based on property information with market context.

This duplex property consists of two detached residences on a single lot. The primary home measures approximately 1,781 sq. ft. and includes three bedrooms, one bathroom, a living area, kitchen with breakfast bar, laundry room, circular driveway, and a fenced backyard. The second home measures approximately 1,100 sq. ft. with one bedroom and one bathroom. Its 2024 updates include wood-look flooring, recessed lighting, mini-split climate control, green cabinetry, butcher-block-style countertops, open shelving, and stainless-steel appliances.

Located at 40041 Dutton in Cherry Valley, the property is near schools, parks, shopping, dining, and medical services. I-10 provides access toward Beaumont, Banning, the Inland Empire, and the Palm Springs area. The expansive backyard also offers room for recreational vehicles, boats, a pool, workshop, garden, or outdoor improvements, subject to zoning and permits. The property is identified with Public Rec zoning and is presented with a 7% cap rate or higher.

Key Highlights

  • Two detached residences on one lot
  • Main home: approximately 1,781 sq. ft., 3 bedrooms, and 1 bathroom
  • Second home: approximately 1,100 sq. ft., 1 bedroom, and 1 bathroom

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Auto Parts Store Bakery Real Estate Agency (Bike/Boat/Book/etc) Store Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

50
Businesses Nearby

Demographics for 92223, CA

59,924
Population
20,579
Households
2.9
Avg Household Size
38
Median Age
27%
College-Educated
88%
High-School Grad
45.0 sq mi
ZIP Area
1,332
Density / Sq Mi
$100,462
Median Household Income
$50,162
Median Earnings
$1,496
Median Rent
$458,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two detached homes provide separate living spaces on one lot with parking and outdoor areas.
Where is this duplex located?
The property is located at 40041 Dutton Cherry Valley, CA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Two detached residences on one lot; Main home: approximately 1,781 sq. ft., 3 bedrooms, and 1 bathroom; Second home: approximately 1,100 sq. ft., 1 bedroom, and 1 bathroom
(626) 214-6696 Call to check price and availability
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