5771 Walter Street, Riverside, California 92504, Riverside, 92504 - 3 bed, 2 bath
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Riverside, California 92504
This Modernized Mid-Century Residence is a Strong Value Opportunity, listed at $565,000—positioned well below the $611,241 Fair Market Value by 7%. This valuation gap provides $46,241 in Instant Equity. Boasting a Condition Rating of 3, the home features high-value upgrades including fully paid solar panels, a sparkling pool, and a water filtration system. Located within the Riverside Unified School District, the open-concept interior with vaulted ceilings offers immediate lifestyle appeal. This is an exceptional acquisition for Owner-Occupants or Buy-and-Hold Investors seeking a turnkey, energy-efficient asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5771 Walter Street Subject | $565,000* List Price | 3 | 2 | 1,288 | $469 | - |
A 5350 Benecia Drive Sold | $580,000 | 3 | 2 | 1,324 | $438 | 0.6 mi |
B 5620 Ensenada Sold | $610,000 | 3 | 2 | 1,382 | $441 | 0.5 mi |
C 6848 Holbrook Sold | $565,000 | 4 | 2 | 1,284 | $440 | 0.6 mi |
D 6666 Evelyn Sold | $614,000 | 3 | 1 | 1,104 | $556 | 0.5 mi |
E 6291 Antioch Avenue Pending | $575,000 List Price | 4 | 2 | 1,200 | $479 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone significant renovations that modernize its 1956 structure. Key updates include an open-concept layout with vaulted ceilings, tile flooring throughout, and a kitchen featuring deep cherry cabinetry and stainless steel appliances. The inclusion of modern systems like central HVAC, fully paid solar panels, and a water filtration system, along with a well-maintained pool, confirms the home has been well-maintained and updated within the last 5-10 years.
The property includes fully paid solar panels and a water filtration system, providing significant value and long-term utility savings for the homeowner.
The backyard is a standout feature, boasting a sparkling pool and ample space for entertaining, which is highly desirable for the Riverside climate.
Despite its 1956 build, the home offers a contemporary open-concept layout with vaulted ceilings and central HVAC, creating a sophisticated and comfortable living environment.
As a property built in 1956, it may have underlying maintenance requirements or aging infrastructure typical of mid-century homes that are not immediately visible.
At 1,288 square feet for a three-bedroom residence, the interior living spaces and bedrooms may feel compact for larger families or those seeking more expansive layouts.
Welcome to 5771 Walter St, a beautiful home ready for you to enjoy. As you enter the property, you are greeted by an ample gated driveway. This single-story residence offers a perfect balance of modern architecture and classic style. The open-concept layout, vaulted ceilings, and deep cherry cabinetry provide a sophisticated, timeless aesthetic. Now add your personal touch and make it yours. Key features of this 3-bedroom, 2-bathroom home include: - Central air and heating - Separate laundry room - Ample storage space - Tile flooring throughout - Fully paid solar and water filtration systems The backyard is equally impressive, featuring a sparkling pool and plenty of space to entertain family and friends. This home offers all the amenities you are looking for. Please reach out if you would like to schedule a viewing.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,288 | 1,518 | 32% |
| Lot Size | 6,970 | 8,276 | 27% |
| Price | $565.0K | $619.5K | 26% |
| Price per sq ft | $439 | $414 | 60% |
| Built year | 1956 | 1960 | 42% |
| HOA | $0 | $0 | 50% |
| Days on market | 48 | 201 | 1% |
Mar 5, 2026
$565,000
Initial Listing
Feb 28, 2022
$515,000
Public Record
Oct 10, 2019
$180,000
Public Record
Aug 13, 2015
$279,000
Public Record
Jun 6, 2008
$195,000
Public Record
Nov 18, 2005
$385,000
Public Record
Jul 30, 2002
$150,000
Public Record