
Riverside, California 92505
This property presents a High-Potential Investment Opportunity with a List Price of $1,149,888—positioned well above the $1,102,153 Fair Market Value by -4%. Built in 2020, this Modern Residential Asset features an Excellent Condition Rating and dual residences, offering significant income-producing potential. With a massive 20,909-square-foot lot and a 900-square-foot workshop, the property provides rare development upside. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, multi-generational living solution with expansion capabilities.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4320 Ambs Drive Subject | $1,075,888* List Price | 6 | 5 | 2,518 | $372 | - |
A 5091 Netherley Sold | $845,000 | 4 | 3 | 2,707 | $312 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2020, this property is less than 5 years old and features modern kitchens with granite countertops, stainless steel appliances, and contemporary cabinetry. The bathrooms are updated with modern fixtures, and the systems (HVAC/Electric) are new, requiring no maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20909, living area = 2518.
The property features two distinct residences with separate electrical meters on a single lot, offering an ideal setup for immediate rental income or flexible multigenerational living.
A massive 900-square-foot workshop/RV garage with 14-foot ceilings and a full bathroom provides exceptional utility for hobbyists, storage, or professional-grade projects.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2518, other record living area = 1318. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 3.
While the location is convenient to schools, the assigned middle and high schools have relatively low performance ratings, which may deter some family-oriented buyers.
Despite the large lot and premium price point, the property lacks any significant views, which is a common expectation for high-value residences in the Riverside area.
This exceptional property offers outstanding income-producing potential and is ideal for multigenerational living. Conveniently located across from an elementary school and just minutes from La Sierra University, it features two separate residences with a combined 2,518 square feet of living space The first home offers 1,318 square feet, including a new 500-square-foot addition, and features 3 bedrooms, 2 bathrooms, a spacious primary suite, and a dedicated laundry room. The second home, newly constructed in 2020, also includes 3 bedrooms, 2 bathrooms, a primary suite, and a laundry room, providing modern comfort and privacy. A standout feature of the property is the newly built 900-square-foot workshop/RV garage (35' x 25') with 14-foot ceilings and a full bathroom, making it ideal for a workshop, RV storage, recreational vehicles, or additional storage. Additional improvements completed in 2020 include a 500-square-foot covered patio and an expansive concrete driveway, offering ample parking and easy access. Situated on a generous 20,909-square-foot lot, the property includes two automatic gated entrances for added security and convenience. The beautifully landscaped grounds feature a variety of mature fruit trees, including orange, mandarin, guava, passion fruit, lemon, medlar, three Guamúchil trees, and pomegranate. Each residence has its own electrical meter, making this property perfect for owner-occupancy while generating rental income from the second home. With its prime location near schools, shopping, and other local amenities, this is a rare investment opportunity. Buyer to verify with the City's Planning Department, but the property may have the potential to accommodate up to four additional residential units.
No exterior & parking available.
Grades PK-5 • 0.2 mi
Grades K-5 • 0.8 mi
Grades PK-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 4.0 |
| Baths | 5.0 | 2.3 |
| Square foot | 2,518 | 1,867.892 |
| Lot Size | 20,909 | 8,787.773 |
| Price | $1.08M | $692.3K |
| Price per sq ft | $427 | $386 |
| Built year | 2020 | 1980 |
| HOA | $0 | $151 |
| Days on market | 40 | 55 |
Sep 3, 2026
$1,075,888
$1,149,888
-6% Price Drop
Initial Listing
Jul 31, 2026
$1,149,888
Initial Listing
Mar 20, 2012
$104,000
Public Record