3370 Pachappa Hill, Riverside, California 92506, Riverside, 92506 - 3 bed, 3 bath
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Riverside, California 92506
This Dual-Unit Pachappa Hill Residence is a Prime Investment Opportunity, listed at $749,000—positioned well below the $780,596 Fair Market Value by 4%. This valuation gap offers $31,596 in Instant Equity for buyers. Boasting a Move-in Ready Condition Rating, the property features a modernized upper residence and a private lower unit, ideal for generating supplemental rental income. With Scenic Mountain Views and a location within the Riverside Unified School District, it perfectly balances financial upside with lifestyle appeal. This is a strategic 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 |
|---|---|---|---|---|---|---|
★ 3370 Pachappa Hill Subject | $749,000* List Price | 3 | 3 | 2,005 | $387 | - |
A 3642 Larchwood Place Sold | $750,000 | 3 | 2 | 1,714 | $438 | 0.6 mi |
B 5663 Osburn Sold | $635,000 | 3 | 2 | 1,772 | $358 | 0.1 mi |
C 3495 Mono Drive Sold | $605,000 | 3 | 2 | 1,392 | $435 | 0.4 mi |
D 6735 De Anza Sold | $670,000 | 4 | 2 | 1,768 | $379 | 1.0 mi |
E 6044 Elenor Street Sold | $595,000 | 3 | 2 | 1,799 | $331 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant updates to both units. The upper residence includes a modernized kitchen with stainless steel appliances, updated bathrooms, dual-pane windows with shutters, and newer carpeting. With fresh exterior paint and well-maintained interior finishes, the home shows minimal wear and tear despite its 1950 build date, fitting the criteria for a well-maintained, updated property.
The property functions as a two-unit residence with separate entrances, full kitchens, and individual laundry hookups, making it an ideal setup for rental income, house hacking, or multi-generational living.
The upper residence features significant updates including a remodeled kitchen and bathrooms, dual-pane windows with shutters, and fresh exterior paint, offering a move-in-ready experience with contemporary appeal.
Situated on Pachappa Hill, the property boasts impressive mountain views that enhance the aesthetic value and provide a serene backdrop for both the upper and lower living units.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2005, other record living area = 1440. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Built in 1950, the home may possess aging core systems such as plumbing or electrical that, despite cosmetic updates, could require more frequent maintenance compared to newer constructions.
The 6,098 sq ft lot on a hillside location may result in sloped terrain, potentially limiting the amount of flat, usable outdoor space for recreation or further expansion.
Pachappa Hill home with mountain views that also functions as a two-unit property offering income potential and flexible living options with fresh exterior paint enhancing the curb appeal. The upper residence features 2 bedrooms, 2 bathrooms, and approximately 1,135 sq ft of updated living space, including an updated kitchen and bathrooms, indoor laundry, dual-pane windows with shutters and blinds, newer bedroom carpet, and direct garage access plus three additional parking spaces adjacent to the driveway. The lower unit offers 1 bedroom, 1 bathroom, approximately 870 sq ft, a full kitchen, in-unit laundry, and a private entrance—ideal for extended family, guests, or supplemental income. A dedicated parking area is just steps away, along with a patio and fruit trees that enhance the outdoor setting. Ideal for owner-occupants or investors: live in one unit and utilize the other, accommodate multigenerational living, or maximize dual-income potential. Conveniently located near everyday amenities, this property delivers flexibility, functionality, and long-term value.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.5 | 50% |
| Baths | 3.0 | 2.0 | 54% |
| Square foot | 2,005 | 1,896 | 56% |
| Lot Size | 6,098 | 9,583 | 5% |
| Price | $749.0K | $723.8K | 55% |
| Price per sq ft | $374 | $384 | 43% |
| Built year | 1950 | 1963 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 54 | 176 | 5% |
Feb 27, 2026
$749,000
Initial Listing
Apr 17, 2019
$430,000
Public Record
Jul 6, 2018
$320,000
Public Record