6163 Academy Avenue, Riverside, California 92506, Riverside, 92506 - 5 bed, 3 bath
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6163 Academy Avenue
Riverside, California 92506
ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
5Beds
3Baths
2,422Sq Ft
9,583Lot Size
Property Price
LIST PRICE$739,000
EST. MARKET VALUE
$810,154
8% BelowMARKET VALUE
SUMMARY
This Remodeled Single-Family Residence is a Strong Value Opportunity, listed at $739,000—positioned well below the $810,155 Fair Market Value by 8%. This valuation gap offers $71,155 in Instant Equity for the buyer. Featuring a Mint Condition Rating, the home includes a private pool, updated kitchen, and RV/boat parking. With its spacious 5-bedroom layout and turnkey interior, this property balances immediate lifestyle comfort with long-term financial stability. It is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in-ready home.
Estimated Market Value
$810,154+$71,154 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Riverside.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6163 Academy Avenue Subject 5 bd · 3 ba · 2,422 sqft · $334 | $739,000* List Price | 5 | 3 | 2,422 | $334 | - |
A 1451 Trenton Drive Sold 4 bd · 3 ba · 2,080 sqft · $377 · 0.6 mi | $785,000 | 4 | 3 | 2,080 | $377 | 0.6 mi |
B 1302 Via Vista Sold 4 bd · 3 ba · 1,866 sqft · $375 · 0.8 mi | $700,000 | 4 | 3 | 1,866 | $375 | 0.8 mi |
C 1420 Timberlane Sold 5 bd · 4 ba · 2,714 sqft · $290 · 0.7 mi | $787,000 | 5 | 4 | 2,714 | $290 | 0.7 mi |
D 6257 Danbrook Active 4 bd · 3 ba · 2,544 sqft · $322 · 0.6 mi | $820,000 List Price | 4 | 3 | 2,544 | $322 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1965, the property has undergone a comprehensive modern remodel within the last 5 years. The kitchen is fully updated with white shaker cabinets, quartz countertops, and stainless steel appliances. Bathrooms feature contemporary vanities, modern black fixtures, and LED mirrors. With new LVP flooring, recessed lighting, and updated systems visible, the home is in mint, move-in-ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Spacious Multi-Generational Layout
With 5 bedrooms and over 2,400 sq. ft. of living space, this home provides a rare and functional layout ideal for large families or multi-generational living.
- Exceptional Parking & Storage
The property features a six-car driveway plus RV or boat parking, offering significant utility for homeowners with multiple vehicles or outdoor recreational equipment.
- Turnkey Outdoor Amenities
The inclusion of a private pool on a generous 9,583 sq. ft. lot, combined with a remodeled interior, makes this a move-in-ready entertainment hub.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2026-06-09. The sold price is $627,500.00.
- Lack of Scenic Views
The property is noted as having no specific views, which may be a disadvantage compared to other hillside or elevated properties in the Riverside area.
- Garage-Based Laundry
Laundry hookups are located in the garage rather than an interior dedicated laundry room, which can be a minor inconvenience for daily household chores.
About 6163 Academy Avenue
Located in Riverside, this remodeled single-family home at 6163 Academy Ave, Riverside, CA 92506-3702 features 5 bedrooms, 3 bathrooms, and 2,422 sq. ft. of living space on a 9,583 sq. ft. lot. The home offers a private pool, fireplace, laundry hookups in the garage, a two-car garage, a six-car driveway, and possible RV or boat parking. Move-in ready, this property combines updated interiors with practical amenities, making it an excellent opportunity for buyers seeking both comfort and convenience.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1965
- Lot Size
- 9,583 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 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 |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 2.2 |
| Square foot | 2,422 | 1,854.896 |
| Lot Size | 9,583 | 8,680.308 |
| Price | $739.0K | $698.4K |
| Price per sq ft | $305 | $380 |
| Built year | 1965 | 1982 |
| HOA | $0 | $156 |
| Days on market | 31 | 57 |
Pricing History
Listed for Sale
Sep 24, 2026
$739,000
Initial Listing
Sold
Jun 9, 2026
$627,500
Public Record
Sold
May 13, 2022
$735,000
Public Record
Sold
May 28, 2010
$740,000
Public Record