
Riverside, California 92506
This Move-In Ready Mid-Century Ranch represents a Strong Value Opportunity, listed at $599,900—positioned slightly above the $585,983 Fair Market Value. While the pricing reflects the property's turnkey status, the Condition Rating of 3 and modern kitchen upgrades ensure immediate livability. The expansive 7,405 sqft lot offers significant upside for an ADU, providing long-term growth potential in the historic Wood Streets neighborhood. This property balances vintage charm with modern convenience, making it an ideal acquisition for Owner-Occupants or first-time buyers seeking a stable, well-maintained home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5835 Tower Road Subject 3 bd · 1 ba · 1,120 sqft · $523 | $599,900* List Price | 3 | 1 | 1,120 | $523 | - |
A 4686 Mcfarland Sold 3 bd · 2 ba · 1,194 sqft · $507 · 0.2 mi | $605,000 | 3 | 2 | 1,194 | $507 | 0.2 mi |
B 4744 Cover Sold 3 bd · 2 ba · 1,067 sqft · $609 · 0.4 mi | $650,000 | 3 | 2 | 1,067 | $609 | 0.4 mi |
C 6714 Palm Sold 2 bd · 1 ba · 965 sqft · $565 · 0.9 mi | $545,000 | 2 | 1 | 965 | $565 | 0.9 mi |
D 4640 Cover Sold 2 bd · 1 ba · 956 sqft · $586 · 0.3 mi | $560,000 | 2 | 1 | 956 | $586 | 0.3 mi |
E 4443 Highland Place Sold 3 bd · 2 ba · 1,096 sqft · $488 · 0.8 mi | $535,000 | 3 | 2 | 1,096 | $488 | 0.8 mi |
F 5305 Palm Sold 2 bd · 2 ba · 1,200 sqft · $500 · 0.7 mi | $600,000 | 2 | 2 | 1,200 | $500 | 0.7 mi |
G 4816 Sunnyside Sold 3 bd · 2 ba · 1,188 sqft · $463 · 0.7 mi | $550,000 | 3 | 2 | 1,188 | $463 | 0.7 mi |
H 4809 Beverly Court Sold 3 bd · 2 ba · 1,484 sqft · $425 · 0.1 mi | $630,000 | 3 | 2 | 1,484 | $425 | 0.1 mi |
I 4432 Beverly Court Active 3 bd · 2 ba · 1,226 sqft · $498 · 0.3 mi | $610,000 List Price | 3 | 2 | 1,226 | $498 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1953, the property is move-in ready with a completely remodeled kitchen featuring modern cabinetry and stainless steel appliances. Significant updates include dual-paned windows, a new covered patio, and well-maintained original hardwood floors, meeting the criteria for a functional and updated home.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1120.
Situated in the highly coveted Wood Streets/Grand neighborhood, this property offers exceptional proximity to Downtown Riverside, Magnolia Center, and major universities.
The home perfectly balances vintage character like original hardwood floors with essential modern upgrades, including a completely remodeled kitchen and dual-paned windows.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
With only one bathroom serving three bedrooms, the layout may be challenging for modern families and could impact the property's competitive edge in the market.
At 1,120 square feet, the interior footprint is relatively small for a three-bedroom residence, potentially limiting furniture arrangements and storage options.
WOOD STREETS / GRAND NEIGHBORHOOD- Nestled back from the street in the highly sought-after Wood Streets/Grand neighborhood, this mid-century ranch offers a perfect blend of vintage charm and modern updates. The home immediately impresses with its original hardwood floors and genuine plaster walls, exuding a level of craftsmanship and character that is hard to find. At the heart of the home, a completely remodeled kitchen serves as a stylish and functional centerpiece. The unique floor plan provides a thoughtful layout, offering privacy by setting the primary bedroom apart from the additional living spaces. Practical upgrades abound, including dual-paned windows, a new covered patio, and fresh window awnings that enhance the home's curb appeal. An attached, oversized two-car garage with a dedicated laundry area adds to the convenience of the property. While this residence is move-in ready and meticulously maintained by long-time owners, it also presents a canvas for your imagination. The expansive lot offers limitless opportunities—consider creating a private, enclosed front courtyard or exploring the potential for a detached ADU. The location is truly unbeatable, situated near the vibrant Magnolia Center and the historic Downtown District. With easy access to major transportation for commuting and close proximity to Riverside City College and UC Riverside, this home places you at the center of it all. This is a rare opportunity to own a turn-key property with significant upside in one of Riverside’s most cherished areas.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 1.0 | 2.2 |
| Square foot | 1,120 | 1,854.896 |
| Lot Size | 7,405 | 8,680.308 |
| Price | $599.9K | $698.4K |
| Price per sq ft | $536 | $380 |
| Built year | 1953 | 1982 |
| HOA | $0 | $156 |
| Days on market | 9 | 57 |
Oct 16, 2026
$599,900
Initial Listing
Apr 21, 2005
$320,000
Public Record
Mar 26, 1996
$109,000
Public Record