11173 Montlake Drive, Riverside, California 92505, Riverside, 92505 - 3 bed, 2 bath
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Riverside, California 92505
This Value-Add Residential Asset is listed at $620,000, representing a strategic entry point for buyers targeting forced appreciation through modernization. While the price is currently above the $578,606 Fair Market Value, the property’s 8,276 Sqft Lot and Prime Commuter Location near the 91 Freeway offer substantial land value and long-term stability. The Condition Rating of 4 indicates original 1959 systems, providing a clear path for a high-ROI renovation in the Alvord Unified School District. This project is perfectly suited for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11173 Montlake Drive Subject | $620,000* List Price | 3 | 2 | 1,252 | $462 | - |
A 3681 Chateau Court Sold | $665,000 | 3 | 2 | 1,530 | $435 | 0.1 mi |
B 4271 Hines Avenue Sold | $575,000 | 3 | 2 | 1,320 | $436 | 0.9 mi |
C 4389 Drexel Avenue Sold | $635,000 | 4 | 2 | 1,619 | $392 | 0.9 mi |
D 11140 Montlake Drive Sold | $617,000 | 4 | 2 | 1,364 | $452 | 0.0 mi |
E 3666 Ada Court Active | $576,000 List Price | 4 | 2 | 1,364 | $422 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1959 (67 years old) and maintained by a single owner, the property is likely in original condition. While described as 'super cute' and appearing well-kept externally, the kitchen, bathrooms, and major systems (HVAC/Electric) are significantly dated and exceed the 20-year threshold for modern functionality, requiring updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1252.
Situated immediately adjacent to the 91 Freeway and La Sierra Avenue, this property offers exceptional accessibility for commuters traveling throughout the Inland Empire and Orange County.
As a one-owner home since 1959, the property suggests a history of consistent care and stability, providing a reliable foundation for a new buyer compared to high-turnover rentals or flips.
The home's direct proximity to the 91 Freeway results in significant ambient traffic noise, which may detract from the tranquility of the backyard and overall residential atmosphere.
With a construction date of 1959 and long-term single ownership, the property likely requires modernization of interior finishes and potentially aging systems to meet current market standards.
Super cute single family home right next to the 91 Freeway at La Sierra Ave, one owner.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades PK-5 • 0.9 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,252 | 1,540 | 23% |
| Lot Size | 8,276 | 7,841 | 52% |
| Price | $620.0K | $650.0K | 37% |
| Price per sq ft | $495 | $417 | 74% |
| Built year | 1959 | 1977 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 180 | 3% |
May 5, 2026
$620,000
Initial Listing