6163 Academy, Riverside, California 92506, Riverside, 92506 - 5 bed, 3 bath
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6163 Academy
Riverside, California 92506
ACTIVE
CONDITION: EXCELLENT
5Beds
3Baths
2,422Sq Ft
9,583Lot Size
Property Price
LIST PRICE$799,000
EST. MARKET VALUE
$850,000
6% BelowMARKET VALUE
SUMMARY
This Turnkey Single-Family Residence represents a Strong Value Opportunity, listed at a List Price of $850,000—positioned well below the $895,876 Fair Market Value by 5%. This valuation gap provides $45,876 in Instant Equity. Featuring a Mint Condition Rating with a fully remodeled interior, private pool, and expansive parking for RVs, this home offers immediate lifestyle benefits. Located within the Riverside Unified School District, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready, high-utility home.
Estimated Market Value
$850,000+$51,000 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 Subject | $799,000* List Price | 5 | 3 | 2,422 | $351 | - |
A 1451 Trenton Drive Sold | $785,000 | 4 | 3 | 2,080 | $377 | 0.6 mi |
B 2078 Livingston Sold | $740,000 | 4 | 3 | 1,850 | $400 | 0.3 mi |
C 1750 Century Avenue Sold | $765,000 | 4 | 2 | 1,983 | $386 | 0.3 mi |
D 6282 Shaker Drive Sold | $980,000 | 5 | 3 | 2,817 | $348 | 0.5 mi |
E 1302 Via Vista Sold | $700,000 | 4 | 3 | 1,866 | $375 | 0.8 mi |
F 1420 Timberlane Sold | $787,000 | 5 | 4 | 2,714 | $290 | 0.7 mi |
G 6140 Windemere Way Sold | $749,000 | 4 | 3 | 2,127 | $352 | 0.2 mi |
H 2182 Ranchwood Active | $939,000 List Price | 4 | 3 | 2,360 | $398 | 0.3 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.
The property has undergone a comprehensive modern remodel within the last 5 years. It features a fully updated kitchen with white shaker cabinets, stone countertops, and stainless steel appliances, along with new flooring, fresh paint, and recessed lighting throughout, meeting the criteria for mint condition and no immediate maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Remodeled Interior
This 5-bedroom home has been fully remodeled and is move-in ready, offering a modern aesthetic and significant living space suitable for large families.
- Superior Parking & Storage
The property features a rare combination of a two-car garage, a six-car driveway, and dedicated space for RV or boat parking, catering to enthusiasts and multi-vehicle households.
- Premium Outdoor Amenities
Situated on a nearly 10,000 sq. ft. lot, the home includes a private pool and offers scenic views of city lights and surrounding woods, enhancing its entertainment value.
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.
- Garage-Located Laundry
The laundry hookups are situated in the garage rather than an interior utility room, which may be viewed as a convenience drawback for a home at this price point.
- Vintage Infrastructure
Built in 1965, the property may possess older underlying mechanical or structural systems that could require more maintenance than a contemporary build, despite the cosmetic updates.
About 6163 Academy
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 | 2.3 |
| Square foot | 2,422 | 1,867.892 |
| Lot Size | 9,583 | 8,787.773 |
| Price | $799.0K | $692.3K |
| Price per sq ft | $330 | $386 |
| Built year | 1965 | 1980 |
| HOA | $0 | $151 |
| Days on market | 48 | 55 |
Pricing History
Listed for Sale
Aug 5, 2026
$799,000
$850,000
-6% Price Drop
Initial Listing
Price Change
Jul 23, 2026
$850,000
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