
Riverside, California 92507
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $575,000—positioned slightly above the $554,613 Fair Market Value. Despite the 1903 build, the property maintains a Condition Rating of 2 due to comprehensive renovations, including a Remodeled Kitchen, new roof, and central HVAC. The large corner lot offers significant ADU Conversion Potential via the detached garage, perfect for rental income. Located near UCR and the Mission Inn, this home is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a historic, move-in ready property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3395 Franklin Avenue Subject 3 bd · 2 ba · 1,297 sqft · $423 | $550,000* List Price | 3 | 2 | 1,297 | $423 | - |
A 3454 Franklin Sold 4 bd · 2 ba · 1,274 sqft · $443 · 0.1 mi | $565,000 | 4 | 2 | 1,274 | $443 | 0.1 mi |
B 2993 Lecil Street Sold 3 bd · 1 ba · 1,315 sqft · $422 · 0.7 mi | $555,000 | 3 | 1 | 1,315 | $422 | 0.7 mi |
C 3581 Eucalyptus Sold 1 bd · 1 ba · 1,013 sqft · $478 · 0.2 mi | $484,000 | 1 | 1 | 1,013 | $478 | 0.2 mi |
D 4149 Sedgwick Avenue Sold 3 bd · 1 ba · 960 sqft · $461 · 0.6 mi | $442,500 | 3 | 1 | 960 | $461 | 0.6 mi |
E 2891 10th Active 4 bd · 1 ba · 1,098 sqft · $426 · 0.6 mi | $467,500 List Price | 4 | 1 | 1,098 | $426 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1903 build date, the property has undergone a comprehensive recent renovation (likely <5 years) including a fully remodeled kitchen with granite countertops, new roof, updated foundation, central HVAC, and new windows, making it a turnkey home in mint condition.
This 1903 historic home has been extensively updated with a new roof, foundation, central A/C, and a fully remodeled kitchen, providing the charm of a vintage property with the peace of mind of a turnkey residence.
The property features a detached garage and storage shed with significant potential for conversion into an Accessory Dwelling Unit (ADU), offering a lucrative opportunity for rental income or multigenerational living.
Ideally situated near Downtown Riverside, UCR, and major transit links like the Metrolink, this home offers exceptional convenience for students, faculty, and commuters alike.
At 1,297 square feet, the living space is relatively compact for a three-bedroom home, which may limit appeal for buyers seeking larger, open-concept environments.
While the corner lot offers curb appeal, the 5,663 sqft size may feel constrained if the detached structures are converted to living units, leaving minimal yard space for recreation.
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 |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,297 | 1,854.896 |
| Lot Size | 5,663 | 8,680.308 |
| Price | $550.0K | $698.4K |
| Price per sq ft | $424 | $380 |
| Built year | 1903 | 1982 |
| HOA | $0 | $156 |
| Days on market | 63 | 57 |
Oct 14, 2026
$550,000
$575,000
-4% Price Drop
Initial Listing
Aug 22, 2026
$575,000
Initial Listing