5082 Los Olivos Way, Riverside, California 92505, Riverside, 92505 - 4 bed, 2 bath
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Riverside, California 92505
Analysis of 5082 Los Olivos Way, Riverside, California 92505 is currently available with a list price of $575,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Riverside Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
The property is move-in ready and has undergone significant cosmetic updates. It features modern wide-plank laminate flooring, updated stainless steel appliances, and a refreshed kitchen with a contemporary tile backsplash. While the 1978 build is still evident in the kitchen's fluorescent light box and cabinet profiles, the home is well-maintained with updated paint, fixtures, and a clean, open-concept interior.
The unique layout features three bedrooms and two bathrooms on the main level, offering rare flexibility for multi-generational living or those seeking single-story accessibility.
Ideally situated near La Sierra University and the 91 Freeway, this property provides excellent convenience for commuters, faculty, and students alike.
The association offers high-value amenities including a pool, spa, and clubhouse, enhancing the lifestyle appeal and providing recreational options within the community.
With over 220 days on the market and multiple price reductions, the property may carry a market stigma that requires aggressive positioning to overcome.
The small lot size of 2,614 square feet results in minimal outdoor space, which may be a drawback for buyers prioritizing a large private backyard or gardening area.
Welcome to this beautifully maintained 4-bedroom, 2-bathroom home in Riverside, CA, offering 1,820 sq ft of thoughtfully designed living space in a quiet, well-kept community near La Sierra University with convenient access to the 91 Freeway—perfect for commuters. This versatile two-story floor plan features 3 bedrooms and 2 bathrooms on the main level, ideal for multi-generational living or added flexibility, plus an upstairs loft and private bedroom perfect for a home office, guest suite, or bonus space. Enjoy open-concept living with a welcoming family room and cozy fireplace that flows seamlessly into the dining area—perfect for entertaining and everyday comfort. The downstairs primary suite offers a private retreat with an en-suite bathroom and direct access to the backyard patio. Additional highlights include an attached 2-car garage, extended driveway parking, and access to desirable HOA amenities including a pool, spa, and clubhouse. Located in a prime Riverside location, this move-in-ready home is close to shopping, dining, top-rated schools, and major commuter routes, making it a standout opportunity for buyers searching for homes for sale in Riverside CA with comfort, convenience, and community appeal.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades PK-5 • 0.8 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,820 | 1,444.5 | 50% |
| Lot Size | 2,614 | 1,307 | 50% |
| Price | $575.0K | $491.5K | 50% |
| Price per sq ft | $316 | $349 | 50% |
| Built year | 1978 | 1976 | 50% |
| HOA | $330.0 | $322 | 50% |
| Days on market | 228 | 152 | 0% |
Feb 1, 2026
$575,000
$589,000
-2% Price Drop
Initial Listing
Oct 2, 2025
$589,000
$599,000
-2% Price Drop
Initial Listing
Sep 6, 2025
$599,000
Initial Listing