5878 Palencia, Riverside, California 92509, Riverside, 92509 - 4 bed, 3 bath
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Riverside, California 92509
This Spacious Pool Home is a Prime Investment Opportunity, listed at $735,000—positioned well below the $753,415 Fair Market Value by 2%. This valuation gap offers $18,415 in Instant Equity for the incoming buyer. The residence maintains a Good Condition Rating, featuring a modernized stone-countertop kitchen, updated flooring, and a private swimming pool with a spacious patio. Located within the Jurupa Unified district, this property balances immediate lifestyle luxury with long-term financial stability. It is an ideal match for Owner-Occupants or growing families seeking a move-in-ready asset with built-in value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5878 Palencia Subject | $709,999* List Price | 4 | 3 | 2,176 | $338 | - |
A 5810 Greens Drive Sold | $645,000 | 2 | 2 | 1,740 | $371 | 0.5 mi |
B 7820 Maria Sold | $630,000 | 4 | 2 | 1,809 | $348 | 0.2 mi |
C 5925 Kachina Sold | $700,000 | 3 | 2 | 1,709 | $410 | 0.5 mi |
D 8215 Tamarind Lane Sold | $720,000 | 4 | 3 | 2,323 | $310 | 0.5 mi |
E 7415 Candle Light Drive Sold | $685,000 | 4 | 4 | 2,118 | $323 | 0.7 mi |
F 8229 Whispering Tree Drive Sold | $730,000 | 4 | 3 | 2,095 | $348 | 0.5 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 several key updates. The kitchen has been modernized with stainless steel appliances, stone countertops, and recessed lighting. Flooring has been updated to a combination of tile and wood-look laminate. While the 1979 build is still evident in the popcorn ceilings and older bathroom vanities, the overall cleanliness, functional layout, and well-kept pool area justify a good condition rating.
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 = 2176.
The property features a sparkling swimming pool in a private backyard, offering a premium outdoor amenity perfect for the Southern California climate and entertaining.
With 4 bedrooms and 3 bathrooms across 2,176 square feet, the home provides a generous and functional floor plan suitable for large or growing families.
Built in 1979, the home may require updates to its original systems or cosmetic finishes to meet modern aesthetic and efficiency standards.
The property does not offer any specific views, which may be a drawback for buyers seeking the panoramic vistas often found in other parts of Riverside.
Welcome to 5878 Palencia Dr, a beautiful home located in a desirable neighborhood of Riverside. This well-maintained property offers a comfortable and functional layout with spacious living areas, a bright interior, and a well-appointed kitchen with ample cabinetry and counter space—perfect for everyday living and entertaining. The home features generously sized bedrooms and inviting living spaces designed for both comfort and convenience. Step outside to a private backyard with a sparkling swimming pool, creating the perfect setting for relaxing, entertaining guests, or enjoying the Southern California lifestyle year-round. Conveniently located near parks, schools, shopping, dining, and major freeways, this property offers both comfort and accessibility. A great opportunity to own a home with a pool in a well-established Riverside community.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 59% |
| Square foot | 2,176 | 1,720 | 78% |
| Lot Size | 8,712 | 8,276 | 52% |
| Price | $710.0K | $665.0K | 64% |
| Price per sq ft | $326 | $387 | 24% |
| Built year | 1979 | 1982 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 40 | 176 | 3% |
Apr 15, 2026
$709,999
$735,000
-3% Price Drop
Initial Listing
Mar 13, 2026
$735,000
Initial Listing
May 18, 2010
$276,000
Public Record