4048 9th Street, Riverside CA 92501 | $555,000

Turnkey Raincross District Bungalow with Rare R3 Zoning & Potential Property Tax Savings through the Mills Act! Discover this beautifully modernized 1911 California bungalow, combining classic turn-of-the-century character with exceptional investment flexibility in Downtown Riverside's premier Raincross District. Radiating exceptional curb appeal with a welcoming 28-foot covered front porch, this completely updated detached home flows into an expansive dual-living layout. This home has over 1,010 square feet of living space, featuring a spacious family room and an elegant formal dining room. The light-filled interior showcases premium laminate flooring, double-pane windows, and a beautifully updated kitchen equipped with granite countertops, upgraded cabinetry, tile flooring, a large walk-in pantry, and a petite breakfast bar. Both generous bedrooms anchor a smart Jack-and-Jill full bathroom layout, complemented by a large indoor laundry room situated directly off the kitchen. Absolute peace of mind is guaranteed with extensive capital improvements, including a newer roof, an upgraded electrical panel, and central air and heating. The private, low-maintenance paver backyard features a secure fenced perimeter enclosing dedicated off-street parking for two vehicles. 200 amp electric meter gives flexibility to car charging. A partial basement provides ideal additional storage or creative workshop potential. Strategically backed by the Downtown Specific Plan, buyers can exploit rare R3 zoning, which permits multi-family expansion, a live/work setup, or professional medical and