5535 Norman, Riverside, California 92504, Riverside, 92504 - 2 bed, 1 bath
5535 Norman
Riverside, California 92504
Property Price
SUMMARY
Analysis of 5535 Norman, Riverside, California 92504 reveals a property with a current list price of $480,000, which is 3% above the estimated $461,847 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5535 Norman Subject | $480,000* List Price | 2 | 1 | 744 | $621 | - |
A 7770 Sycamore Avenue Sold | $519,000 | 2 | 1 | 796 | $652 | 0.9 mi |
B 5452 Sierra Street Sold | $534,000 | 2 | 2 | 917 | $582 | 0.4 mi |
C 6164 Goldenrod Lane Sold | $518,000 | 2 | 2 | 1,039 | $499 | 0.4 mi |
D 4213 Via San Jose Sold | $537,000 | 3 | 2 | 952 | $564 | 0.8 mi |
E 4364 Via San Luis Active | $524,800 List Price | 2 | 1 | 931 | $564 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and has been significantly updated despite its 1953 build date. The kitchen features modern white cabinetry, stone countertops, and stainless steel appliances. The interior boasts updated laminate flooring and a clean, contemporary bathroom. While the home is compact, the systems and finishes appear well-maintained and renovated within the last 5-15 years, requiring no immediate repairs.
PROSSTRENGTHS & OPPORTUNITIES
- Expansive Outdoor Living
The property features a generous 6,534 sq. ft. lot with a lush backyard, mature fruit trees, and a covered patio, providing significant outdoor value and space for entertaining.
- Charming Curb Appeal
This 1953 cottage offers classic character and a well-maintained green front lawn, creating an inviting first impression for first-time buyers or downsizers.
- Functional Storage Solutions
The inclusion of a dedicated storage shed and a covered patio maximizes the utility of the property, offering practical space for tools and equipment.
CONSRISKS & DEFICIENCIES
- Compact Interior Footprint
With only 744 sq. ft. of living space, the home's small size may feel restrictive for growing families or those requiring more versatile indoor areas.
- Vintage Infrastructure
Built in 1953, the property may require updates to its original systems or cosmetic modernization to meet contemporary standards and efficiency.
About 5535 Norman
Charming 1953 Cottage with Lush Backyard Retreat Welcome to this delightful 2-bedroom, 1-bath home built in 1953, offering 744 sq. ft. of cozy and efficient living space. This charming property blends classic character with a warm, inviting feel—perfect for first-time buyers, downsizers, or investors. Step outside and enjoy a beautifully maintained green front lawn and a spacious backyard filled with vibrant greenery. The backyard features mature fruit trees, providing shade and seasonal harvests, along with plenty of room to relax or entertain. A covered patio creates the perfect outdoor sitting area for morning coffee or evening gatherings. Additional highlights include a convenient storage shed for tools and equipment, making organization easy while keeping the yard tidy.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1953
- Lot Size
- 6,534 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 12% |
| Baths | 1.0 | 2.0 | 11% |
| Square foot | 744 | 1,529 | 1% |
| Lot Size | 6,534 | 8,712 | 14% |
| Price | $480.0K | $620.0K | 6% |
| Price per sq ft | $645 | $415 | 98% |
| Built year | 1953 | 1959 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 183 | 1% |
Pricing History
Listed for Sale
Feb 27, 2026
$480,000
Initial Listing