2789 Fairmount Blvd, Riverside, CA 92501

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.