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Riverside Duplex on Corner Lot

4096 Pine Riverside, CA 92501

4096 Pine, Riverside, CA, 92501
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Two houses on a large lot in downtown Riverside.

Property Size1,986 SF
Lot Size0.20 Acres
Price / SF$387.21
AddedJan 8
Days on Market188
Last RefreshJun 27 at 9:30 pm

Property Features for 4096 Pine

General Information

Standard status
Active
Size
1,986 SF
Lot size
0.20 Acres
Property subtype
Multifamily

Listing office Newco Realty

Listing date Jan 8, 2026

Source Crexi

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 Newco Realty


Investment Insights

Based on property information with market context.

Located on a corner lot at Pine and 11th Street in downtown Riverside, this property features two houses with a total rentable space of 1986 square feet on an 8712 square foot lot. The large lot offers potential for an Additional Dwelling Unit (ADU). Each house has its own street address. The craftsman-style house at 4096 Pine Street provides 1036 square feet of living space, with 3 bedrooms and 1 bathroom. The Spanish-style house at 4361 11th Street, recently renovated, offers 956 square feet of living space, with 2 bedrooms and 1 bathroom. Each house has separate gas and electric meters but shares one water meter. Both houses have private, fenced yards. The property is conveniently located near Mt. Rubidoux, The Mission Inn, shops, and freeways 91 and 60. It is also near UC Riverside and Riverside City College. Both houses are tenant-occupied with long-term tenants.

Key Highlights

  • Two houses on a large corner lot with ADU potential, offering significant added value.
  • Prime downtown Riverside location near Mt. Rubidoux, The Mission Inn, shops, freeways (91 & 60), UC Riverside and Riverside City College.
  • Separate gas & electric meters for each house.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $50.5k $25.44
− Vacancy −$909 −$0.46
EGI $49.6k $24.98
− OpEx −$14.9k −$7.49
NOI $34.7k $17.49
1,986 SF · lease $25.44/SF/yr · vacancy 1.80% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$496.1K
$434.1K – $578.8K (±1% cap)
NOI $34,730 @ 7.0% cap · market cap 4.52%
Second Best
Apartment 5plus
$453.7K
$397.0K – $529.4K (±1% cap)
NOI $31,761 @ 7.0% cap · market cap 4.13%
Theoretical Best
Office A
$681.4K
$596.2K – $794.9K (±1% cap)
NOI $47,695 @ 7.0% cap · market cap 6.20%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Electrical Service Locksmith Carpet & Flooring Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store Pet Grooming Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two houses on a large lot in downtown Riverside.
Where is this duplex located?
The property is located at 4096 Pine Riverside, CA.
What is the asking price?
The asking price for this property is $769,000.
What are key features of this property?
This property features: Two houses on a large corner lot with ADU potential, offering significant added value.; Prime downtown Riverside location near Mt. Rubidoux, The Mission Inn, shops, freeways (91 & 60), UC Riverside and Riverside City College.; Separate gas & electric meters for each house.
Contact an agent
(626) 826-4753 Call to check price and availability
More about this property
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