1164 Massachusetts Avenue, Riverside, California 92507, Riverside, 92507 - 2 bed, 2 bath
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Riverside, California 92507
This Strong Value Opportunity is listed at a List Price of $565,000, positioned slightly above the $520,106 Fair Market Value. While the price reflects current market demand, the property features a Condition Rating of 3, offering a turnkey interior with fresh paint, new flooring, and included appliances. The attached bonus room with a mini-split system provides significant versatility for rental income or a home office. Ideally suited for Buy-and-Hold Investors or Owner-Occupants, this home leverages its strategic proximity to UCR to ensure consistent long-term appeal.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1164 Massachusetts Avenue Subject | $565,000* List Price | 2 | 2 | 940 | $564 | - |
A 1168 Athena Court Sold | $540,000 | 3 | 2 | 1,076 | $502 | 0.1 mi |
B 1065 Bascomb Sold | $518,000 | 4 | 2 | 1,200 | $432 | 0.2 mi |
C 461 W Blaine Sold | $575,000 | 3 | 2 | 1,063 | $541 | 0.9 mi |
D 2993 Lecil Street Sold | $555,000 | 3 | 1 | 1,315 | $422 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1983, the property has undergone recent cosmetic renovations including new vinyl flooring and fresh interior paint. The kitchen and bathrooms are well-maintained with stone countertops and stainless steel appliances, and the addition of a mini-split system in the bonus room indicates updated climate control, making it move-in ready.
The property features an attached bonus room with a dedicated mini-split system, offering a turnkey solution for rental income, a guest suite, or a private home office.
Featuring fresh interior paint, upgraded vinyl flooring, and a full suite of brand-new appliances, the home is move-in ready and reduces immediate post-purchase costs.
Located just minutes from the University of California, Riverside, the property is positioned in a high-demand area for both owner-occupants and investors seeking consistent rental yields.
At 940 square feet for a three-bedroom configuration, the individual room sizes and common areas may feel small or cramped for some buyers.
Built in 1983, the home may soon require updates to major systems like roofing or plumbing that fall outside the scope of the recent cosmetic improvements.
Welcome to this versatile Riverside property offering comfort, functionality, and income potential. This home features 3 bedrooms, 2 full bathrooms, and a spacious den that can be used as a home office, family room, playroom, or additional living space to fit your needs. Recent improvements include: fresh interior paint, upgraded vinyl flooring, and various cosmetic updates that enhance the home's overall presentation and livability. The sale also includes a BRAND-NEW REFRIGERATOR, a WASHER, DRYER, over-the-range MICROWAVE, and a 4-BURNER RANGE for added convenience. A unique bonus is the attached room located at the rear of the property, complete with its own mini-split system, providing an excellent opportunity for a home office, guest space, studio, or potential rental income. Ideally located just minutes from the University of California, Riverside (UCR), this property benefits from strong owner-occupant appeal as well as consistent rental demand. Whether you're looking for a primary residence, an investment opportunity, or a combination of both, this property offers exceptional flexibility and value. Don't miss the opportunity to own a home with space, updates, and income-producing potential in a desirable Riverside location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 940 | 1,723 |
| Lot Size | 6,534 | 8,712 |
| Price | $565.0K | $676.0K |
| Price per sq ft | $601 | $395 |
| Built year | 1983 | 1977 |
| HOA | $0 | $125 |
| Days on market | 51 | 58 |
Jun 1, 2026
$565,000
Initial Listing
Sep 17, 2024
$530,000
Public Record
Apr 21, 2016
$265,000
Public Record