
Riverside, California 92507
This Turnkey Single Family Residence is a High-Potential Investment Opportunity, listed at $600,000—positioned well above the $568,211 Fair Market Value by 5%. Despite the premium, the property features a Condition Rating of 2, boasting a complete high-end renovation including new electrical, HVAC, and modern finishes. The expansive 7,405 sq. ft. lot offers significant ADU Development Potential, providing a strategic path to maximize rental income. Ideally located near UC Riverside, this property is a prime choice for Buy-and-Hold Investors or Owner-Occupants seeking a modern, move-in-ready home with long-term growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1974 Milton Subject | $600,000* List Price | 3 | 2 | 1,216 | $467 | - |
A 2993 Lecil Street Sold | $555,000 | 3 | 1 | 1,315 | $422 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a complete high-end renovation within the last 5 years. It features a brand-new kitchen with modern cabinetry and stainless appliances, updated bathrooms with contemporary fixtures, and significant system upgrades including new electrical wiring, new central A/C, and dual-pane windows.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1216.
This 1925 home has been fully modernized with new electrical wiring, drywall, dual-pane windows, and a new central A/C system, offering the peace of mind of a turnkey, move-in-ready property.
The generous 7,405 sq. ft. lot and detached two-car garage provide an excellent opportunity to develop an Accessory Dwelling Unit (ADU), maximizing the property's value and rental income potential.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
Despite the extensive remodel, the original 1925 construction may still present challenges inherent to century-old homes, such as older foundation styles or narrow floor plan configurations.
With only 1,216 sq. ft. distributed across three bedrooms, the individual room sizes and common living areas may feel compact for families requiring more spacious indoor environments.
Completely Remodeled & Move-In Ready! Welcome to 1974 Milton St., a beautifully updated 3-bedroom, 2-bath home offering approximately 1,216 sq. ft. of stylish living space on a spacious 7,405 sq. ft. lot. This turnkey property has been thoughtfully renovated with new flooring, updated electrical wiring, new drywall, dual-pane windows, and a new central A/C system. The remodeled kitchen features new cabinetry, countertops, and stainless-steel appliances, while both bathrooms showcase modern finishes and fixtures. A detached two-car garage and generous lot provide excellent potential for an Accessory Dwelling Unit (ADU), offering an exciting opportunity for additional living space or future rental income (buyer to verify with the City of Riverside). The expansive backyard provides plenty of room for entertaining, gardening, or future expansion. Conveniently located near UC Riverside, schools, parks, shopping, dining, 91 215 60 freeways, this move-in-ready home offers modern upgrades, flexibility, and long-term potential. Don't miss this exceptional opportunity to own a beautifully renovated Riverside property with ADU possibilities!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,216 | 1,723 |
| Lot Size | 7,405 | 8,712 |
| Price | $600.0K | $676.0K |
| Price per sq ft | $493 | $395 |
| Built year | 1925 | 1977 |
| HOA | $0 | $125 |
| Days on market | 5 | 58 |
Jul 17, 2026
$600,000
Initial Listing
Nov 4, 2024
$569,000
Public Record
Nov 24, 1998
$37,500
Public Record
Apr 16, 1996
$68,000
Public Record