2909 Pecos, Riverside, California 92506, Riverside, 92506 - 3 bed, 2 bath
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Riverside, California 92506
This Refreshed Mid-Century Residence is a Prime Investment Opportunity, listed at $699,000—positioned well below the $716,383 Fair Market Value by 2%. This valuation gap offers $17,383 in Instant Equity for buyers. Boasting a Move-In Ready Condition Rating, the home features a remodeled kitchen, updated primary bathroom, and a massive 8,712 sqft lot with high utilization for potential expansion. Located in the desirable Cowboy Streets within the Riverside Unified School District, it balances modern comfort with significant utility. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2909 Pecos Subject | $699,000* List Price | 3 | 2 | 1,805 | $397 | - |
A 2838 Shenandoah Road Sold | $655,000 | 3 | 2 | 1,541 | $425 | 0.1 mi |
B 2983 Cheyenne Road Sold | $650,000 | 3 | 2 | 1,541 | $422 | 0.2 mi |
C 2845 Iron Hills Way Sold | $702,000 | 3 | 2 | 1,600 | $439 | 0.1 mi |
D 5648 Laredo Sold | $639,000 | 3 | 2 | 1,532 | $417 | 0.2 mi |
E 5382 Tower Active | $738,900 List Price | 4 | 2 | 1,827 | $404 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1954 home is move-in ready following significant recent updates, including a remodeled kitchen with modern cabinetry and a tastefully updated primary bathroom. The interior features contemporary wide-plank flooring, fresh neutral paint, and updated windows throughout. While the property maintains its mid-century structure, the key living areas and systems appear well-maintained and modernized, meeting the criteria for a high-quality, updated residence.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 1805.
The home features a recently remodeled kitchen and primary bathroom with contemporary finishes, offering a move-in-ready experience within a classic 1950s structure.
With an extended driveway, additional covered parking, and a detached garage, the property provides exceptional utility for multiple vehicles, recreational toys, or a workshop.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
Built in 1954, the property may have aging core systems such as plumbing or electrical that could require future maintenance despite the recent cosmetic updates.
The listing indicates no significant views, which may be a drawback for buyers specifically looking for the hillside or city light vistas common in parts of Riverside.
*Cowboy Streets* Tastefully updated...Welcome to 2909 Pecos Way, a beautifully refreshed single-story home offering space, comfort, and thoughtful updates in an established Riverside neighborhood. From the moment you arrive, the home features inviting curb appeal with a wide front lawn, extended driveway, and additional covered parking leading to a detached garage. Inside, you’ll find a spacious layout with multiple living areas, creating flexibility for both everyday living and entertaining. The recently remodeled kitchen serves as a centerpiece of the home, featuring updated finishes, modern cabinetry, and a functional layout that opens naturally to the main living spaces. The primary bathroom has also been tastefully updated, offering a clean, modern feel that complements the home’s overall design. Large windows throughout the home bring in natural light, enhancing the bright and open atmosphere. The bedrooms are well-sized, providing comfort and versatility for family, guests, or home office use. Step outside to a generously sized backyard with plenty of room to entertain, relax, or create your own outdoor retreat. The property offers a unique combination of usable space, parking options, and functionality that is hard to find at this price point. Conveniently located near schools, shopping, dining, and commuter routes, this home offers a great blend of location, layout, and recent upgrades.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,805 | 1,892 | 46% |
| Lot Size | 8,712 | 9,583 | 43% |
| Price | $699.0K | $722.5K | 44% |
| Price per sq ft | $387 | $385 | 54% |
| Built year | 1954 | 1963 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 176 | 1% |
Apr 14, 2026
$699,000
Initial Listing