3395 Franklin Avenue, Riverside, California 92507, Riverside, 92507 - 3 bed, 2 bath
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3395 Franklin Avenue
Riverside, California 92507
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,297Sq Ft
5,663Lot Size
Property Price
LIST PRICE$575,000
EST. MARKET VALUE
$553,821
3% AboveMARKET VALUE
SUMMARY
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $575,000—positioned well above the $553,822 Fair Market Value by 3%. Despite the premium, the property features a Mint Condition Rating following comprehensive renovations, including a Remodeled Kitchen, New Roof, and Central A/C. The large corner lot offers significant ADU Development Potential via the detached garage, providing a strategic path for rental income. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home near UCR.
Estimated Market Value
$553,821
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 |
|---|---|---|---|---|---|---|
★ 3395 Franklin Avenue Subject | $575,000* List Price | 3 | 2 | 1,297 | $427 | - |
A 3454 Franklin Sold | $565,000 | 4 | 2 | 1,274 | $443 | 0.1 mi |
B 2311 5th Street Sold | $485,000 | 4 | 2 | 1,111 | $437 | 0.1 mi |
C 2993 Lecil Street Sold | $555,000 | 3 | 1 | 1,315 | $422 | 0.7 mi |
D 4149 Sedgwick Avenue Sold | $442,500 | 3 | 1 | 960 | $461 | 0.6 mi |
E 3581 Eucalyptus Sold | $484,000 | 1 | 1 | 1,013 | $478 | 0.2 mi |
F 4187 Dwight Avenue Sold | $725,000 | 3 | 2 | 1,781 | $407 | 0.7 mi |
G 2315 11th Street Active | $595,000 List Price | 4 | 2 | 1,382 | $431 | 0.6 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.
Although built in 1903, the property has undergone a comprehensive recent renovation (likely <5 years) including a fully remodeled kitchen with granite countertops, updated bathrooms, new central A/C, a new roof, and foundation repairs, resulting in a turnkey, mint-condition home.
PROSSTRENGTHS & OPPORTUNITIES
- Comprehensive Renovations
This 1903 historic home is fully turnkey, featuring extensive modern upgrades including a new roof, foundation, central A/C, updated windows, and a completely remodeled kitchen.
- Strategic Location
Ideally situated minutes from Downtown Riverside, UCR, and the Metrolink, the property offers exceptional convenience for students, faculty, and commuters.
- ADU Development Potential
The detached garage and storage shed on a large corner lot present a significant opportunity for conversion into an Accessory Dwelling Unit (ADU), providing excellent rental income potential.
CONSRISKS & DEFICIENCIES
- Historic Age Constraints
Despite the modern renovations, the 1903 construction may still present inherent layout limitations or maintenance considerations typical of century-old structures.
- Compact Interior Square Footage
At 1,297 square feet for a three-bedroom configuration, the living spaces may feel somewhat constrained for buyers seeking more expansive indoor environments.
About 3395 Franklin Avenue
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1903
- Lot Size
- 5,663 Sq. Ft.
Interior
- Total Bedrooms
- 3
- 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 | 3.0 | 4.0 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,297 | 1,867.892 |
| Lot Size | 5,663 | 8,787.773 |
| Price | $575.0K | $692.3K |
| Price per sq ft | $443 | $386 |
| Built year | 1903 | 1980 |
| HOA | $0 | $151 |
| Days on market | 18 | 55 |
Pricing History
Listed for Sale
Aug 22, 2026
$575,000
Initial Listing