1816 Main Street, Riverside, California 92501, Riverside, 92501 - 2 bed, 1 bath
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Riverside, California 92501
This 1912 Character Residence serves as a strategic Value-Add Opportunity in Riverside. Listed at $445,000, the price is closely aligned with its $433,955 Fair Market Value, reflecting the stability of this historic area. Carrying a Fair Condition Rating, the property features new double-pane windows, a basement, and a laundry space utilized as a third bedroom. With mountain views and proximity to Fairmont Park and John W. North High School, the location ensures long-term desirability. This is an ideal entry point for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1816 Main Street Subject | $445,000* List Price | 2 | 1 | 1,046 | $415 | - |
A 4194 Columbia Avenue Sold | $520,000 | 3 | 2 | 1,232 | $422 | 0.7 mi |
B 3842 Ridge Road Sold | $540,000 | 3 | 2 | 1,023 | $528 | 0.6 mi |
C 3533 Nash Sold | $530,000 | 3 | 2 | 1,220 | $434 | 0.7 mi |
D 4557 Snake River Road Sold | $563,500 | 3 | 2 | 1,347 | $418 | 1.0 mi |
E 4185 Federal Sold | $535,000 | 4 | 2 | 1,323 | $404 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1912, this property is aged but appears well-maintained with some recent functional updates. The seller has installed new double-pane windows and a new exterior door, and the kitchen features modern appliances (refrigerator, range, microwave) and modern stacked laundry units. However, the kitchen cabinets and countertops are dated in style, as is the bathroom vanity and fixtures. A significant drawback is the reliance on a wall furnace and wood fireplace for heating, with no central air conditioning, which is a major functional deficiency for a California home. While clean and functional, the overall aesthetic and lack of modern HVAC systems indicate it requires more than minor cosmetic updates to meet contemporary standards, placing it in the 'Fair' category rather than 'Good' or 'Poor'.
Exceptional proximity to Fairmont Park & Golf Course, major freeways, shopping centers, schools, and entertainment venues, offering convenience and a vibrant lifestyle.
Seller has recently installed new double-pane windows throughout the property and a new exterior door, enhancing energy efficiency and curb appeal.
The laundry room is currently utilized as a third bedroom, providing adaptable living arrangements and potential for additional sleeping space.
The absence of a garage or driveway means parking is limited solely to the street, which can be a significant inconvenience and potential security concern for residents.
The property description only mentions a wood fireplace and a wall furnace for heating, with no indication of an air conditioning system, which could be a major drawback during hot California summers.
Built in 1912, the home's age may imply older infrastructure, plumbing, and electrical systems that could require future maintenance or upgrades to meet modern standards.
Take a look at this cute and well kept 2 Bedroom 1 Bath with a laundry room (currently being used as a 3rd bedroom), spacious kitchen, dining area, large yard, and a basement. This home has a wood fireplace and a wall furnace for seasonal warmth. Recent upgrades by the seller include the installation of new double-pane windows throughout the property and a new exterior door leading from the dining area to the backyard. Please note that parking is available on the street, no garage or driveway. The property boasts an exceptional location with close proximity to a wealth of amenities, including Fairmont Park and Golf Course, major freeways, shopping centers, schools, entertainment venues, and picturesque hiking trails offering breathtaking panoramic views of the city and surrounding mountains.
No exterior & parking available.
Grades PK-6 • 0.2 mi
Grades PK-6 • 0.5 mi
Grades K-6 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 19% |
| Baths | 1.0 | 2.0 | 17% |
| Square foot | 1,046 | 1,403 | 17% |
| Lot Size | 6,534 | 7,405 | 37% |
| Price | $445.0K | $589.0K | 8% |
| Price per sq ft | $425 | $418 | 59% |
| Built year | 1912 | 1953 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 103 | 187 | 21% |
Mar 28, 2026
$445,000
$455,000
-2% Price Drop
Initial Listing
Jan 9, 2026
$455,000
Initial Listing
Nov 2, 2016
$205,000
Public Record
Jun 2, 2014
$136,000
Public Record
Oct 6, 2008
$164,772
Public Record
Jan 10, 2007
$170,000
Public Record
Jan 25, 2005
$220,000
Public Record