
Riverside, California 92506
This Spacious Single-Family Residence represents a Strong Value Opportunity, listed at $799,000—positioned well above the $782,482 Fair Market Value by 2%. While priced slightly above market, the property offers a Condition Rating of 3, featuring significant upgrades like a newer roof, HVAC, and dual-pane windows. The Wood Streets location, private pool and spa, and ADU-ready detached garage provide exceptional lifestyle utility. This home is an ideal acquisition for Owner-Occupants seeking a turnkey retreat or long-term investors prioritizing neighborhood stability and versatile living spaces.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5545 Tower Subject | $799,000* List Price | 3 | 3 | 1,820 | $430 | - |
A 4423 Maplewood Place Sold | $690,000 | 3 | 2 | 2,034 | $339 | 0.4 mi |
B 4426 Beatty Sold | $805,000 | 3 | 2 | 1,935 | $416 | 1.0 mi |
C 6176 Wiehe Sold | $665,000 | 4 | 2 | 1,645 | $404 | 0.8 mi |
D 4241 Beechwood Place Sold | $835,000 | 3 | 2 | 1,496 | $558 | 0.5 mi |
E 5654 Tower Active | $709,000 List Price | 3 | 2 | 1,652 | $429 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is well-maintained and move-in ready with significant system upgrades including a recently replaced roof, upgraded HVAC, and newer dual-pane windows. While the kitchen and bathrooms are functional with granite countertops and stainless steel appliances, the cabinetry and tile styles indicate a renovation likely performed 10-15 years ago.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 1820.
Situated in the highly coveted Wood Streets neighborhood, this property offers exceptional curb appeal with its historic charm and close proximity to Downtown Riverside and Mount Rubidoux.
The backyard serves as a private retreat featuring a sparkling in-ground pool and spa, custom herringbone brickwork, and an oversized Alumiwood patio cover perfect for entertaining.
Despite offering nearly 1,900 square feet of living space, the home only features three formal bedrooms, which may be a drawback for larger families or those requiring more dedicated sleeping areas.
While the home boasts significant modern upgrades, the 1951 construction date may still present maintenance challenges or architectural limitations inherent to older properties.
Welcome to the highly sought-after Wood Streets neighborhood of Riverside! Known for its tree-lined streets, timeless charm, & distinctive character, the Wood Streets feature an incredible blend of Craftsman, Spanish Revival, & other classic architectural styles. Residents enjoy close proximity to Downtown Riverside, the historic Mission Inn, Mount Rubidoux Park, Riverside City College, California Baptist University, local golf courses, shopping, dining, entertainment, & more. This beautifully updated single-story home offers nearly 1,900 square feet of living space with 3 bedrooms, 2.5 bathrooms, & a versatile floor plan. Upon entering, you'll appreciate the gorgeous hardwood flooring, abundant natural light, and spacious living room featuring a cozy fireplace and beautiful views of the backyard. The kitchen is equally impressive with rich wood cabinetry, granite countertops, stainless steel appliances, ample storage, and picturesque views of the front yard. Adjacent to the main living areas is a spacious bonus room that serves as a secondary family room, office, game room, or could potentially be converted into a fourth bedroom. The home also features a convenient indoor laundry room. The primary suite offers a spacious walk-in closet complete with unique cheetah-print carpeting. The primary bathroom features a dual vanity, walk-in shower, large jetted soaking tub, & skylight that fills the space with natural light. Step outside to your own backyard retreat featuring an oversized Alumiwood patio cover, beautiful herringbone brick patio, sparkling in-ground pool and spa, mature landscaping, and an additional entertaining area complete with concrete and artificial turf. A custom water fountain accented with matching brickwork and imported decorative tile adds even more character. The detached two-car garage is complemented by a separate bonus room at the rear, creating endless possibilities for a potential ADU, guest quarters, home office, gym, studio, game room, or possible fourth bedroom. Major upgrades include a recently replaced roof, upgraded HVAC system, newer dual-pane windows and sliding glass doors, automatic gated access, upgraded landscaping, custom brickwork, & numerous additional improvements throughout. Combining the charm of the Wood Streets with modern upgrades, flexible living spaces, & an entertainer's backyard, this is a rare opportunity to own a truly special home in one of Riverside's most desirable neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 52% |
| Square foot | 1,820 | 1,873 | 45% |
| Lot Size | 8,712 | 9,583 | 42% |
| Price | $799.0K | $727.8K | 62% |
| Price per sq ft | $439 | $392 | 70% |
| Built year | 1951 | 1965 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 134 | 3% |
Jun 3, 2026
$799,000
Initial Listing
Dec 4, 2023
$686,000
Public Record
Dec 1, 2021
$610,000
Public Record