1820 Julie Drive, Riverside, CA 92504

About this 4 bedroom 3 bath house

Positioned within a secure private gated community in desirable Riverside, this brand-new 2023 single-family residence presents a rare combination of modern move-in-ready living and compelling investment potential. Spanning 2,100 square feet of thoughtfully curated interior space across a 3,864-square-foot lot with 4 bedrooms and 3 full bathrooms, the property delivers contemporary aesthetics, versatile functionality, and long-term value for both primary residents and real estate investors. Designed with an airy open floor plan, the home features bright, modern living areas filled with abundant natural light and seamless spatial flow, ideal for daily family life, casual gatherings, and formal entertaining. A highly practical and sought-after layout highlight is the main-floor bedroom with a full bathroom, accommodating multi-generational living, remote work setups, or guest suites—a premium feature that sets this new construction home apart from competing properties in the neighborhood. Boasting an unbeatable location, the residence sits just a 5-minute drive from UCR and vibrant Downtown Riverside, granting quick access to premier educational institutions, urban dining, retail destinations, and community parks. With direct proximity to major highways, it offers exceptional commute accessibility, amplifying residential desirability and rental demand year-round. As a 2023 new build, the home incorporates modern construction standards, updated fixtures, and reliable structural integrity, eliminating immediate renovation costs and ensuring hassle-free occupancy. The gated community setting further enhances privacy, safety, and exclusive neighborhood appeal, solidifying its premium residential status. From an investment perspective, this property stands out with a stable 5% gross rental yield, a benchmark return for Southern California residential assets. Thanks to its ultra-close proximity to UCR, the home enjoys strong, consistent rental demand from university students and faculty. Its spacious bedroom count and flexible floor plan are perfectly suited for student housing arrangements, easily driving higher-than-market rental returns and consistent cash flow. This low-maintenance new-build investment with steady tenant demand and impressive yield will not stay available long. Schedule your private showing today to secure this exceptional residential and investment opportunity.