40041 DuttonCherry Valley, CA 92223

Description

TWO HOMES. ONE LOT. INCOME-PRODUCING PROPERTY. Welcome to a rare Cherry Valley opportunity offering two detached residences on one spacious lot, perfect for multigenerational living, extended family, or buyers looking to create rental income at a 7% cap rate or higher. The main home offers approximately 1,781 sq. ft. with 3 bedrooms, 1 bathroom, a spacious living area, a large kitchen with breakfast bar, dedicated laundry room, and a circular driveway with plenty of parking. The main residence also enjoys its own spacious, fully fenced backyard, providing added privacy and plenty of room to relax, entertain, garden, or create your own outdoor retreat. The second residence offers approximately 1,100 sq. ft., 1 bedroom and 1 bathroom, and was beautifully updated in 2024 with modern wood-look flooring, recessed lighting, mini-split climate control, and a stylish kitchen featuring green cabinetry, butcher-block-style countertops, open shelving, and stainless-steel appliances. And then there's the land. The expansive backyard is a blank canvas with room for RVs, boats, recreational toys, a future pool, workshop, garden, outdoor entertaining area, or additional possibilities subject to zoning and permits. Conveniently located near schools, parks, shopping, dining, medical services, and easy access to the I-10 Freeway, connecting you to Beaumont, Banning, the Inland Empire and the Palm Springs area. Live in one. Rent the other. Bring the family. Bring the toys. Bring your vision. This is the kind of property that gives you options and opportunities like this don't come around often. WELCOME TO YOUR NEW HOME!

Property Information

Property type

Residential

Sub-type

Single Family Residence

Structure type

House

Year built

1915

Stories

1

Living area

2,881 Sq Ft

Lot size

0.61 acres

Days on market

38

MLS^® Listing#

CV26185361

Property Features

Cooling

Central Air

Heating

Central

Fireplace

None

Pool

None

Laundry

Laundry Room

Lot features

Agricultural · Back Yard

Community

Street Lights

Sewer

Septic Tank

Water source

Public

Financial Details

HOA

None

Parcel number

402030005

Directions

Take I-10 E to Cherry Valley Blvd. Turn left on Cherry Valley Blvd, left on Noble St, then right on Dutton St. Property is located to your right.