
Riverside, California 92501
This Versatile Multi-Generational Home is a Strong Value Opportunity, listed at $875,000—positioned well below the $876,874 Fair Market Value by 0.21%. Featuring a Mint Condition Rating, this 1922 Craftsman offers a Granite Kitchen, updated HVAC, and a unique layout with private entrances. Its downtown location and Detached Four-Car Garage provide rare utility for the area. This property is an ideal acquisition for Buy-and-Hold Investors seeking rental flexibility or Owner-Occupants requiring multi-generational living space.
Property is new construction or fully renovated.
Despite its 1922 build date, the property has undergone a comprehensive recent remodel (likely <5 years) featuring a modern kitchen with granite countertops and stainless steel appliances, updated HVAC systems, and new luxury vinyl plank flooring. The interior is in mint, move-in condition with updated bathrooms and systems.
The unique floor plan features six bedrooms, multiple living areas, and private entrances including a kitchenette, making it ideal for extended families or potential rental income opportunities.
This 1922 Craftsman has been tastefully updated with luxury vinyl plank flooring, granite countertops, and updated central HVAC systems, blending classic character with contemporary convenience.
Located within walking distance of the historic Mission Inn and downtown amenities, the property offers a rare detached four-car garage plus additional gated parking with rear alley access.
Despite recent renovations, a property of this age and size (3,473 sqft) typically requires higher ongoing maintenance and may have underlying structural complexities inherent to 1920s construction.
With a large building footprint and a four-car garage occupying the 8,712 sqft lot, the remaining outdoor area may feel restricted for buyers prioritizing significant private green space.
Endless possibilities await with this beautifully remodeled Craftsman-style home, originally built in 1922 and full of character and flexibility. Offering a unique floor plan with multiple living areas and private entrances, this property is ideal for multi-generational living, extended family, guest accommodations, or a variety of residential uses. The main level features a welcoming entry that opens to a spacious living room with a fireplace, two bedrooms, and a bathroom. A separate entrance leads to an additional living area complete with its own living room, kitchenette, two bedrooms, and bathroom. An interior staircase connects to the second level, which includes a living room, den, two bedrooms, and a third bathroom. Exterior stairs provide access to an additional upper-level bedroom and loft area. The home has been tastefully updated with luxury vinyl plank flooring, tile flooring, a remodeled kitchen featuring granite countertops and stainless steel appliances, and updated central air conditioning and forced-air heating systems. Situated on a gated lot, the property also offers a detached four-car garage and additional gated parking with convenient rear alley access. Located within walking distance of downtown Riverside, you'll enjoy easy access to shopping, dining, entertainment, the historic Mission Inn, Riverside Convention Center, museums, and local attractions. A rare opportunity to own a versatile and updated historic home in one of Riverside's most desirable downtown locations. Schedule your private showing today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 4.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 3,473 | 1,723 |
| Lot Size | 8,712 | 8,712 |
| Price | $875.0K | $676.0K |
| Price per sq ft | $252 | $395 |
| Built year | 1922 | 1977 |
| HOA | $0 | $125 |
| Days on market | 28 | 58 |
Jun 24, 2026
$875,000
Initial Listing
Dec 20, 2016
$400,000
Public Record
Dec 31, 2001
$88,000
Public Record
Feb 26, 2001
$187,438
Public Record
Sep 21, 1999
$179,000
Public Record
Jan 4, 1999
$80,000
Public Record