5082 Los Olivos Way, Riverside, California 92505, Riverside, 92505 - 4 bed, 2 bath
5082 Los Olivos Way
Riverside, California 92505
Property Price
SUMMARY
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.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is in move-in-ready condition with clear evidence of modern updates. The kitchen features updated cabinetry, stone countertops, and stainless steel appliances, while the living areas boast contemporary luxury vinyl plank flooring and neutral paint. Although built in 1978, the home has been well-maintained and renovated within a timeframe that aligns with current market standards for quality and style.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Floor Plan
The unique layout features three bedrooms and two bathrooms on the main level, providing rare accessibility and flexibility for multi-generational living or those preferring a primary-on-main setup.
- Community Amenities
The property includes access to desirable HOA amenities such as a pool, spa, and clubhouse, offering a resort-style lifestyle within a quiet, well-maintained Riverside community.
- Ample Parking and Storage
Unlike many townhomes, this property offers an attached two-car garage plus an extended driveway, providing significant parking capacity for residents and guests.
CONSRISKS & DEFICIENCIES
- Pricing Momentum
The listing has undergone multiple price reductions since its initial debut, suggesting that the market has been hesitant at previous price points despite its move-in-ready condition.
- Inconsistent School Ratings
While some nearby schools are highly rated, several assigned elementary and middle schools in the immediate area have lower performance scores, which may impact appeal for education-focused families.
About 5082 Los Olivos Way
Welcome to this beautifully maintained 4-bedroom, 2-bathroom home offering 1,820 sq ft of living space in a quiet, well-kept Riverside community near La Sierra University with convenient access to the 91 Freeway for commuters. This thoughtfully designed two-story floor plan features 3 bedrooms and 2 bathrooms on the main level for added flexibility, plus an upstairs loft and separate bedroom ideal for a home office or guest room. The inviting family room with a cozy fireplace flows seamlessly into the dining area, creating an open-concept feel perfect for everyday living and entertaining. The private primary suite downstairs offers a peaceful retreat with an en-suite bathroom and direct access to the back patio. Additional highlights include an attached 2-car garage, extended driveway parking, and HOA amenities including a pool, spa, and clubhouse. Located in a prime Riverside location near shopping, dining, schools, and major commuter routes, this move-in-ready home offers the perfect blend of comfort, convenience, and community living.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1978
- Lot Size
- 2,614 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $330.0 / Month
Neighborhood Insights
Riverside Unified Schools
Valley View Elementary School
Grades K-5 • 0.4 mi
Phillip M. Stokoe Elementary School
Grades PK-5 • 0.8 mi
Twinhill Elementary School
Grades K-5 • 1.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| 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 | $492.5K | 50% |
| Price per sq ft | $316 | $350 | 50% |
| Built year | 1978 | 1976 | 50% |
| HOA | $330.0 | $315 | 50% |
| Days on market | 182 | 187 | 50% |
Pricing History
Listed for Sale
Feb 1, 2026
$575,000
$589,000
-2% Price Drop
Initial Listing
Price Change
Oct 2, 2025
$589,000
$599,000
-2% Price Drop
Initial Listing
Price Change
Sep 6, 2025
$599,000
Initial Listing