
Riverside, California 92507
This Spacious Pool Home represents a High-Potential Investment Opportunity, listed at $825,000—positioned well below the $853,053 Fair Market Value by 3%. This valuation gap offers $28,053 in Instant Equity. With a Condition Rating of 3, the property features a recent roof and modern kitchen, providing a stable foundation for rental income near UC Riverside. The expansive 15,246-square-foot lot and private pool enhance its long-term appeal. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 167 Masters Subject | $825,000* List Price | 4 | 3 | 2,785 | $306 | - |
A 134 W Broadbent Sold | $726,000 | 4 | 3 | 2,037 | $356 | 0.3 mi |
B 4495 Mt Vernon Avenue Sold | $750,000 | 5 | 3 | 2,273 | $330 | 0.3 mi |
C 4202 Swain Court Sold | $635,000 | 3 | 2 | 1,750 | $363 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1965, the property has undergone significant updates including a new roof (2 years old), updated flooring, and a modernized kitchen with stone countertops and stainless steel appliances. The home is well-maintained and move-in ready, fitting the criteria for a property with 5-15 year old renovations.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15246, living area = 2785.
The property's proximity to UC Riverside and its 5-bedroom configuration make it an ideal candidate for high-demand student housing or a high-yield rental investment.
The oversized 15,246-square-foot lot features a private swimming pool and ample outdoor space, offering a premium backyard retreat that is rare for the neighborhood.
Built in 1965, the home may require significant cosmetic updates and system modernizations to meet the aesthetic and efficiency standards of contemporary buyers.
A discrepancy between the 4-bedroom data field and 5-bedroom description may indicate unpermitted conversions or layout compromises that could impact appraisal value.
Welcome to 167 Masters Ave., Riverside, CA 92507—a beautifully maintained, move-in-ready two-story home offering space, comfort, and outstanding investment potential in one of Riverside's most desirable locations. Built in 1965, this impressive residence features 2,785 square feet of living space with 5 spacious bedrooms and 3 full bathrooms, situated on an expansive 15,246-square-foot lot. The thoughtfully designed floor plan provides generous living areas, abundant natural light, and a well-appointed kitchen that is perfect for everyday living and entertaining. Step outside into your own private backyard retreat featuring a sparkling swimming pool, ample outdoor space for family gatherings, and endless possibilities for relaxation and recreation. An attached two-car garage adds convenience and additional storage. Significant recent improvements include a new roof installed approximately two years ago with permits, offering added value and peace of mind for the next owner. The location is truly exceptional—just minutes from UC Riverside, shopping, restaurants, parks, schools, and convenient freeway access. Whether you're looking for a spacious family home or an investment property, this home offers tremendous flexibility. With five bedrooms and three bathrooms in such close proximity to the university, it presents an excellent opportunity for those seeking strong rental income potential in a highly desirable area. Excellent Opportunity for Owner-Occupants or Investors Don't miss this rare opportunity to own a spacious pool home on an oversized lot in a prime Riverside location. Homes offering this combination of size, location, and investment potential are hard to find. Schedule your private tour today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,785 | 1,723 |
| Lot Size | 15,246 | 8,712 |
| Price | $825.0K | $676.0K |
| Price per sq ft | $296 | $395 |
| Built year | 1965 | 1977 |
| HOA | $0 | $125 |
| Days on market | 6 | 58 |
Jul 16, 2026
$825,000
Initial Listing
May 19, 2017
$465,000
Public Record