
Riverside, California 92504
This Renovated Multi-Unit Estate is listed at $825,000, offering a rare turnkey compound within the Riverside Unified School District. Boasting an Excellent Condition Rating, the property features extensive 2024 upgrades, including a New Roof, Electrical, and Plumbing. The 1.1-Acre Lot accommodates two distinct residences with Modern Kitchens, Designer Flooring, and a private Patio, providing a move-in-ready sanctuary. While priced above the $733,442 Fair Market Value, the property’s dual-unit versatility and massive lot size offer unique utility. This is an ideal acquisition for Multi-generational Families or Owner-Occupants seeking a high-quality, income-ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16672 Mockingbird Canyon Road Subject | $825,000* List Price | 5 | 5 | 1,656 | $443 | - |
A 16750 Canyon View Drive Pending | $895,000 List Price | 4 | 2 | 2,041 | $439 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the main home's 1939 build year, the property has undergone extensive and recent renovations, including a new roof, electrical, plumbing, kitchen, bathrooms, flooring, water heater, and septic system. Both the main home and the manufactured home feature modern, virtually new components, stylish finishes, and are move-in ready, aligning with the 'Excellent' criteria for a recently and fully renovated property.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 47916, living area = 1656.
The property features two distinct units (a main home and a manufactured home), offering excellent flexibility for multi-generational living, guest accommodation, or generating rental income.
Significant upgrades including a new roof, electrical, plumbing, kitchen, bathrooms, flooring, water heater, and septic certification ensure a move-in ready condition and reduced immediate maintenance concerns.
While providing versatility, the second unit being a manufactured home may impact perceived value, potential financing options, or appeal to certain buyers compared to a traditional stick-built structure.
Despite extensive renovations, the main home's original build year of 1939 means the underlying structure is quite old, which could raise concerns for some buyers regarding long-term maintenance or unseen infrastructure.
The total listed square footage of 1656 sqft for 5 bedrooms and 5 bathrooms across two units suggests relatively compact living areas, which might not suit buyers seeking more spacious interiors.
Spacious two-unit property on over an acre of land—perfect for multi-generational living, rental income, or investment potential! New roof, electrical, plumbing, kitchen, bathrooms, flooring, water heater, and septic certification. Move in ready! The main home features 3 bedrooms and 2 bathrooms, offering a comfortable layout with plenty of natural light and space to relax or entertain. Designated laundry space in both homes. The second home, a 2-bedroom, 1.25-bath manufactured home, provides great flexibility—ideal for extended family, guests, or as an income-producing rental. Outside, the expansive lot offers endless possibilities for outdoor living and future additions. A detached 2-car garage and storage shed provide ample space for parking, tools, and equipment. Enjoy the peace and privacy of country-style living while still being conveniently close to amenities. Whether you’re looking for a family compound or an investment opportunity, this property offers space, versatility, and value!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 92% |
| Baths | 5.0 | 2.0 | 94% |
| Square foot | 1,656 | 1,522 | 56% |
| Lot Size | 47,916 | 8,276 | 88% |
| Price | $825.0K | $620.0K | 77% |
| Price per sq ft | $498 | $414 | 81% |
| Built year | 1939 | 1960 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 182 | 201 | 42% |
Nov 13, 2025
$825,000
$875,000
-6% Price Drop
Initial Listing
Oct 22, 2025
$875,000
Initial Listing