4045 Chapman, Riverside, CA 92506

Property Description

Rare opportunity on historic Chapman Place! This well-maintained two-story Colonial Revival home offers 2,588 square feet with four bedrooms and three bathrooms, and it is only the second time on the market since it was built in 1961. Wood floors add warmth and character, and the classic Colonial Revival lines give the home a timeless look. The 10,454-square-foot lot is a real bonus. A second structure on the property has ADU potential, which opens the door to multigenerational living, guest quarters, a home office, or rental income (buyer to verify permitting and eligibility with the City of Riverside). The street itself is part of Riverside's history. Chapman Place is named for Deloraine P. Chapman, a Civil War veteran and early citrus leader who arrived in Riverside in 1887. After his death in 1920, his five daughters deeded a strip of his former orange grove to create the street, which was extended through to Brockton Avenue in 1941. Chapman's own 1887 home still stands at the corner of Magnolia Avenue and Chapman Place, one of the oldest houses on Magnolia. Today the street is known for its Christmas lights and decorations, a tradition that draws the community every December. Homes with this much character, space, and potential on a street with this much history rarely come along. Schedule your showing today.