2505 Pennsylvania, Riverside, California 92507, Riverside, 92507 - 4 bed, 2 bath
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2505 Pennsylvania
Riverside, California 92507
ACTIVE
CONDITION: EXCELLENT
4Beds
2Baths
1,345Sq Ft
7,841Lot Size
Property Price
LIST PRICE$585,000
EST. MARKET VALUE
$600,054
SUMMARY
This Turnkey Single Family Residence presents a Prime Investment Opportunity, listed at $585,000—positioned well below the $600,054 Fair Market Value by 2%. This valuation gap offers $15,054 in Instant Equity. Featuring a Mint Condition Rating, the home boasts a modernized kitchen and fresh interior finishes. Situated on a generous 7,841 sqft lot with a covered patio, it offers significant outdoor utility. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready home in the Riverside Unified district.
Estimated Market Value
$600,054
Based on Realkey algorithm analyzing recent comparable sales in Riverside.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2505 Pennsylvania Subject 4 bd · 2 ba · 1,345 sqft · $446 | $585,000* List Price | 4 | 2 | 1,345 | $446 | - |
A 2514 Prospect Avenue Sold 3 bd · 2 ba · 1,499 sqft · $412 · 0.1 mi | $618,000 | 3 | 2 | 1,499 | $412 | 0.1 mi |
B 2461 Rancho Sold 3 bd · 2 ba · 1,204 sqft · $527 · 0.2 mi | $634,900 | 3 | 2 | 1,204 | $527 | 0.2 mi |
C 4874 Park Sold 3 bd · 1 ba · 1,463 sqft · $369 · 0.6 mi | $540,000 | 3 | 1 | 1,463 | $369 | 0.6 mi |
D 4220 Douglass Sold 3 bd · 1 ba · 1,008 sqft · $493 · 0.6 mi | $497,000 | 3 | 1 | 1,008 | $493 | 0.6 mi |
E 3454 Franklin Sold 4 bd · 2 ba · 1,274 sqft · $443 · 0.9 mi | $565,000 | 4 | 2 | 1,274 | $443 | 0.9 mi |
F 2723 Iris Street Sold 4 bd · 3 ba · 1,488 sqft · $386 · 0.5 mi | $575,000 | 4 | 3 | 1,488 | $386 | 0.5 mi |
G 4187 Dwight Avenue Sold 3 bd · 2 ba · 1,781 sqft · $407 · 0.6 mi | $725,000 | 3 | 2 | 1,781 | $407 | 0.6 mi |
H 1885 Illinois Avenue Pending 3 bd · 2 ba · 1,120 sqft · $504 · 0.7 mi | $565,000 List Price | 3 | 2 | 1,120 | $504 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation (likely <5 years) featuring a modern kitchen with white shaker cabinetry and stainless steel appliances, new wood-look flooring throughout, and updated bathrooms with contemporary vanities. The interior is in mint, move-in ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1345.
- Turnkey Interior
The home has been extensively refreshed with new wood-look flooring, fresh paint, and modern fixtures, offering a move-in-ready experience that eliminates the need for immediate renovation.
- Modernized Kitchen
The kitchen features a contemporary aesthetic with crisp white cabinetry and stainless steel appliances, providing a stylish and functional space for the modern homeowner.
CONSRISKS & DEFICIENCIES
- Limited Enclosed Parking
The property offers covered parking rather than a traditional fully enclosed garage, which may be a disadvantage for buyers prioritizing vehicle security or additional enclosed storage.
- 1960s Infrastructure
Despite the aesthetic updates, the home's 1960 construction year may imply that underlying systems such as plumbing or electrical could require future maintenance compared to newer properties.
About 2505 Pennsylvania
Why take on a renovation project when you can enjoy a home that's already been beautifully refreshed? Discover the impressive transformation of this single-story Riverside residence, featuring a spacious, inviting floor plan enhanced by fresh interior paint, attractive wood-look flooring, updated fixtures, and modern finishes throughout. The beautifully refreshed kitchen showcases crisp white cabinetry, generous counter space, and stainless steel cooking appliances, creating a stylish and functional centerpiece. The updated bathrooms features, contemporary vanities, and modern fixtures that complement the home's refreshed interior. Outside, discover a spacious, fenced backyard with plenty of room for outdoor improvements, a covered patio, and convenient covered parking. With its combination of updated interiors, functional living spaces, and generous outdoor areas, this property offers an appealing opportunity.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1960
- Lot Size
- 7,841 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,345 | 1,854.896 |
| Lot Size | 7,841 | 8,680.308 |
| Price | $585.0K | $698.4K |
| Price per sq ft | $435 | $380 |
| Built year | 1960 | 1982 |
| HOA | $0 | $156 |
| Days on market | 11 | 57 |
Pricing History
Listed for Sale
Oct 13, 2026
$585,000
Initial Listing
Sold
Aug 3, 2023
$585,000
Public Record