
Riverside, California 92505
This Multi-Generational Income Property presents a High-Potential Investment Opportunity with a List Price of $745,000—positioned well below the $749,983 Fair Market Value by 0.66%. Featuring a 5-bedroom main residence and a Detached ADU with separate meter, the property offers significant rental upside. While the home maintains a Condition Rating of 4, requiring cosmetic modernization, the expansive .31-acre lot and basement storage provide rare flexibility. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5105 Golden Subject | $745,000* List Price | 5 | 3 | 2,700 | $278 | - |
A 4431 Clarksdale Sold | $746,000 | 5 | 4 | 2,121 | $352 | 0.9 mi |
B 5553 Peacock Lane Sold | $747,000 | 4 | 3 | 2,376 | $314 | 0.9 mi |
C 5150 Leon Court Sold | $670,000 | 4 | 2 | 2,006 | $334 | 0.2 mi |
D 5553 Peacock Lane Sold | $595,000 | 4 | 3 | 1,896 | $314 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1942 and offered for the first time in 40 years, the home is well-maintained but significantly dated. The kitchen features oak cabinetry and fluorescent light boxes typical of a 25-30 year old renovation, and while functional, the property requires cosmetic updates and likely system modernizations to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13504, living area = 2700.
The property includes a detached ADU with its own separate meter, offering a prime opportunity for rental income, guests, or multigenerational living.
Set on a rare 0.31-acre lot, the property provides significant outdoor space along with uncommon storage solutions including a basement and a large attic.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2700, other record living area = 1713.
Built in 1942 and held by the same owner for 40 years, the home likely requires significant modernization and updates to meet current aesthetic and efficiency standards.
While centrally located, several of the assigned schools in the immediate vicinity carry lower performance ratings, which may impact appeal for education-conscious families.
First time on the market in 57 years—this is the kind of Riverside property that rarely becomes available! Set on an expansive .31-acre lot, 5105 Golden Avenue offers a rare combination of space, character, flexibility, and income potential in an established Riverside neighborhood. The main residence features 4 bedrooms and 2 bathrooms with multiple living and gathering spaces, including a living room, family room, dining area, den, and mudroom. Two fireplaces add warmth and character, including one gas fireplace and one traditional wood-burning fireplace. The spacious kitchen offers abundant cabinetry and workspace, while a dedicated indoor laundry room adds everyday convenience. Beyond the primary living areas, the home also features a basement and substantial attic space, providing an uncommon amount of additional usable and storage space. A large covered front porch creates an inviting entrance and another great place to enjoy the outdoors. Adding tremendous versatility is the detached 1-bedroom, 1-bath ADU with its own separate meter—creating an excellent opportunity for rental income, extended family, guests, or multigenerational living. Outside, the 13,504-square-foot lot offers plenty of room to spread out with mature landscaping, lawn areas, multiple outdoor spaces, gated access, a long driveway, and a detached two-car garage. With its 4-bedroom, 2-bath main residence, separately metered 1-bedroom, 1-bath ADU, two fireplaces, oversized lot, basement, attic space, detached garage, and abundant parking, this rare Riverside property offers an exceptional combination of everyday living, versatility, and long-term investment potential.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.8 mi
Grades PK-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 2.3 |
| Square foot | 2,700 | 1,867.892 |
| Lot Size | 13,504 | 8,787.773 |
| Price | $745.0K | $692.3K |
| Price per sq ft | $276 | $386 |
| Built year | 1942 | 1980 |
| HOA | $0 | $151 |
| Days on market | 12 | 55 |
Aug 28, 2026
$745,000
Initial Listing