40041 Dutton, Cherry Valley, California 92223

  • $650,000
40041 Dutton, Cherry Valley, California 92223
Active
40041 Dutton, Cherry Valley, California 92223
40041 Dutton, Cherry Valley, California 92223
  • $650,000

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 is a legal unit, and each unit has its own electric and gas meters. 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!

  • Address 40041 Dutton, Cherry Valley, California 92223
  • State/county CA
  • Zip/Postal Code 92223
  • Country US

Details

Updated on October 28, 2026 at 5:22 pm
  • Property ID: CV26185403
  • Price: $650,000
  • Property Size: 2881 Sqft
  • Land Area: 0.61 Acres
  • Year Built: 1915
  • Property Type: Single Family Residence, Residential Income
  • Property Status: Active

Additional details

  • Listing Terms: Cash, Cash to New Loan, Conventional, FHA, USDA Loan, VA Loan
  • Sewer: Septic Type Unknown
  • Heating: Central
  • County: Riverside
  • Property Type: Residential Income
  • Pool: None
  • Community Features: Foothills, Street Lights

Contact Information

View Listings
Hoyt Hochman

Enquire About This Property

Compare listings

Compare
Hoyt Hochman
  • Hoyt Hochman