3395 Franklin Avenue, Riverside, California 92507, Riverside, 92507 - 3 bed, 2 bath
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Riverside, California 92507
This Renovated Historic Turnkey Home is listed at $575,000, representing a stable value choice near its $563,457 Fair Market Value. Boasting an exceptional Condition Rating of 2, this 1903 sanctuary features a Remodeled Kitchen, New Roof, Central A/C, and a new patio, ensuring a move-in-ready lifestyle. The large corner lot includes a detached garage with significant ADU Potential, offering a versatile option for rental income or guest housing. Located within the Riverside Unified district near UCR, this residence balances historic character with modern comfort. It is a perfect sanctuary for Owner-Occupants or multigenerational families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3395 Franklin Avenue Subject | $575,000* List Price | 3 | 2 | 1,297 | $434 | - |
A 2311 5th Street Sold | $485,000 | 4 | 2 | 1,111 | $437 | 0.1 mi |
B 2158 10th Street Sold | $535,000 | 3 | 2 | 1,122 | $477 | 0.5 mi |
C 2190 9th St Sold | $475,000 | 3 | 2 | 969 | $490 | 0.5 mi |
D 4485 Dwight Avenue Sold | $572,500 | 3 | 1 | 1,378 | $415 | 0.9 mi |
E 3454 Franklin Pending | $549,900 List Price | 4 | 2 | 1,274 | $432 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1903, this property has undergone extensive and recent renovations, including a new roof, updated foundation, new interior and exterior paint, updated windows, central A/C, new patio, reconstructed porch, and a newly installed asphalt driveway. The kitchen is entirely remodeled with new cabinets, granite countertops, and modern appliances (stainless microwave, new range), and the bathrooms feature updated vanities, fixtures, and tiling. The entire home has new tile and laminate flooring, presenting as virtually new and move-in ready with no deferred maintenance.
The property has undergone comprehensive renovations, including new interior/exterior paint, a remodeled kitchen with walk-in pantry, updated windows, central A/C, new patio, reconstructed porch, new asphalt driveway, and a replaced roof, offering a turnkey experience.
Centrally located minutes from Downtown Riverside, UCR, RCC, and the Mission Inn, with easy access to major freeways, Metrolink, schools, shops, and dining, enhancing convenience and desirability.
The detached garage and storage shed present significant rental earnings potential, with the option to convert them into an Accessory Dwelling Unit (ADU), adding substantial value and income possibilities.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1297, other record living area = 1108. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The list price recently increased from $525,000 to $575,000, which may warrant buyer scrutiny regarding the current market value and pricing strategy.
At 1297 sqft, the interior living space might be considered modest for families seeking more room, especially given the 'large corner lot' and potential for 'multigenerational living'.
Welcome to a historic and large corner turnkey home, centrally located minutes from Downtown Riverside, the University of California Riverside (UCR), Riverside Community College (RCC), and the Iconic Mission Inn. This vintage one-story 3 bedroom and 2 bath gated home has a large corner lot with excellent curb appeal. Many renovations bring the best of this house's past and present. It includes new paint interior & exterior, an entirely remodeled kitchen with a walk-in pantry, and recessed lighting. The entire home has been completely renovated with tile, updated windows, and a central A/C. The exterior area presents a new patio backyard, reconstructed porch, a newly installed asphalt driveway, and foundation. The home's roof has been replaced to last for many years to come. The detached garage and storage shed holds great rental earnings potential as an investment opportunity. It can be converted to a secondary residential Accessory Dwelling Unit (ADU) ie. studio. This traditional home's key features with its large lot and easy access to major freeways, the Metrolink, schools, shops, dining, and more creates a perfect space for multigenerational living.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 48% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,297 | 1,739.5 | 19% |
| Lot Size | 5,663 | 8,276 | 15% |
| Price | $575.0K | $650.5K | 28% |
| Price per sq ft | $443 | $388 | 81% |
| Built year | 1903 | 1974 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 94 | 189 | 20% |
Feb 1, 2026
$575,000
$525,000
+10% Price Increase
Initial Listing
Jan 18, 2026
$525,000
Initial Listing