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6304 Riley Way1 / 31 · Click to zoom

About this home

Whether you re an investor looking to maximize cash flow or a homeowner interested in offsetting your mortgage through house hacking, this property offers a rare opportunity to create multiple income-producing living spaces with much of the heavy lifting already done. Situated in a desirable neighborhood with beautiful views, this 4-bedroom, 2-bath home includes two sets of approved plans one for a Junior ADU and another to convert the detached garage into a full ADU. Save months of planning, permitting, and design costs while stepping into a property positioned for immediate value creation. Live in the main home while generating rental income from future ADUs, create flexible space for multigenerational living, or expand your investment portfolio with a property designed for long-term appreciation and cash flow. To make the process even easier, the seller s has bids with a construction team is available to complete the approved improvements after closing, allowing buyers to move from purchase to completed units with a streamlined, experienced team. Opportunities like this combining a desirable location, scenic views, approved expansion plans, and a turnkey path to development are increasingly difficult to find. Buyer to verify all permits, approvals, intended uses, and development requirements with the appropriate agencies.

🏠 HomeFax

Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk
🏷 Last sold$475,000 · Aug 2022
📋 Assessed value$673,865
💵 Annual tax$2,859
🏫 School districtJurupa Unified School District

MLS #IV26162041

🔥 Risk & insurability

🔥 Fire hazard zoneNot in a State-designated fire hazard zone
🌊 FEMA flood zoneZone X — minimal/moderate flood risk

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

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Interest rate %
Loan term (yrs)
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Estimated total monthly payment
$4,229
Principal & interest$3,413
Property tax$619
Home insurance$197
Down payment: $135,000Loan: $540,000

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.