
Riverside, California 92504
This Dual-Unit Residential Asset represents a High-Potential Investment Opportunity, listed at $850,000—positioned above the $747,274 Fair Market Value. While priced at a premium, the property features a 2024 Detached ADU and a Remodeled Main House with a Condition Rating of 2, ensuring immediate rental readiness. The Spacious Corner Lot and proximity to Sierra Middle School provide long-term stability. This property is an ideal acquisition for Buy-and-Hold Investors seeking immediate cash flow or Owner-Occupants looking to offset mortgage costs through rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6815 Barcelona Subject 5 bd · 2 ba · 1,202 sqft · $622 | $850,000* List Price | 5 | 2 | 1,202 | $622 | - |
A 5161 Sierra Street Sold 3 bd · 2 ba · 1,202 sqft · $537 · 0.1 mi | $646,000 | 3 | 2 | 1,202 | $537 | 0.1 mi |
B 3646 Mariella Street Sold 3 bd · 2 ba · 1,220 sqft · $533 · 0.9 mi | $650,000 | 3 | 2 | 1,220 | $533 | 0.9 mi |
C 6230 Banner Court Sold 3 bd · 2 ba · 1,074 sqft · $582 · 0.7 mi | $625,000 | 3 | 2 | 1,074 | $582 | 0.7 mi |
D 3765 Verde Sold 3 bd · 1 ba · 1,007 sqft · $591 · 0.7 mi | $595,000 | 3 | 1 | 1,007 | $591 | 0.7 mi |
E 6250 Meadowbrook Sold 3 bd · 2 ba · 1,300 sqft · $504 · 0.7 mi | $655,000 | 3 | 2 | 1,300 | $504 | 0.7 mi |
F 6623 Evelyn Active 4 bd · 2 ba · 1,297 sqft · $499 · 0.5 mi | $647,000 List Price | 4 | 2 | 1,297 | $499 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a comprehensive recent remodel of the 1948 main house including a new roof, new AC, and modern kitchen/bath updates with shaker cabinets and quartz counters. Additionally, it includes a brand new 2024 detached ADU, meeting the criteria for mint condition with no immediate maintenance required.
The property features a brand new 2024 detached ADU with its own address, providing an excellent opportunity for rental income or flexible multi-generational living.
The main residence has been significantly updated with a new roof, AC, and a remodeled kitchen featuring quartz countertops and shaker cabinets, blending vintage charm with modern convenience.
Situated on a generous corner lot, the property offers ample off-street parking and a large covered patio, maximizing outdoor utility and accessibility.
With only two bathrooms serving a total of five bedrooms across both units, the layout may be less practical for larger households or high-occupancy rental scenarios.
Despite the high-quality cosmetic and system updates, the main home's 1948 origin may still present long-term maintenance considerations typical of older vintage properties.
Two homes, one corner lot! 6815 Barcelona Way is a remodeled 1948 Riverside home with 3 bedrooms and 1 bath in 1,202 sq ft, plus a brand new 2024 detached ADU with its own address (6819 Barcelona) offering 2 bedrooms, 1 bath and 679 sq ft. The main house has a new roof, new AC, newer windows, flooring and paint, and a newer kitchen with shaker cabinets, quartz counters and a large island. Crown molding, recessed lighting, a cozy fireplace and French doors keep the vintage charm. The updated bath features a glass shower door and matte black fixtures. The ADU has its own full kitchen and private entry, great for multi-generational living, rental income or a home office. Outside you'll find mature palms, a large covered patio and tons of off-street parking. Close to Sierra Middle School, the old Sears center, grocery shopping, dining and everyday conveniences.
No exterior & parking available.
Grades PK-6 • 0.7 mi
Grades PK-6 • 1.6 mi
Grades K-6 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,202 | 1,854.896 |
| Lot Size | 8,712 | 8,680.308 |
| Price | $850.0K | $698.4K |
| Price per sq ft | $707 | $380 |
| Built year | 1948 | 1982 |
| HOA | $0 | $156 |
| Days on market | 24 | 57 |
Sep 30, 2026
$850,000
Initial Listing
Aug 18, 2011
$151,000
Public Record
Jul 28, 2000
$122,000
Public Record
Dec 1, 1994
$82,000
Public Record