6952 Coolidge Avenue, Riverside, California 92506, Riverside, 92506 - 4 bed, 3 bath
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Riverside, California 92506
This Remodeled Multi-Unit Compound is a Strong Value Opportunity listed at $739,999, representing a stable acquisition at its $739,999 Fair Market Value. Featuring a main residence and two additional units with separate entrances, the property boasts an Excellent Condition Rating following extensive modernizations including a new kitchen, LVP flooring, and a private patio. Situated on an expansive 0.5-Acre Lot within the Riverside Unified School District, it offers significant rental income potential or space for further ADU development. This versatile estate is ideal for Owner-Occupants seeking rental offsets or Multi-Generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6952 Coolidge Avenue Subject | $739,999* List Price | 4 | 3 | 1,967 | $376 | - |
A 6565 Lorraine Sold | $865,000 | 3 | 2 | 1,852 | $467 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1926, the property has undergone an extensive and recent renovation, as stated in the description ('Almost entire home has been remodeled. New kitchen in the main house.') and clearly visible in the images. The main house and additional units feature modern LVP flooring throughout, fresh paint, recessed lighting, and updated mini-split AC units. The kitchen boasts contemporary gray shaker cabinets, light countertops, and a stainless steel sink, while the bathrooms are updated with modern vanities, fixtures, and subway tile showers. All visible components appear new or virtually new, meeting current quality standards with no deferred maintenance, making it move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21780, living area = 1967.
The property includes two additional units with separate entrances, offering significant potential for rental income or accommodating multi-generational living arrangements.
Situated on a generous half-acre lot (21,780 sqft), there is ample space for adding a pool, additional Accessory Dwelling Units (ADUs), or extensive landscaping, subject to city approval.
The property has experienced several price reductions from its original list price of $810,000 to $739,999, which may suggest initial overpricing or challenges in market appeal.
Built in 1926, while largely remodeled, an older home may still present inherent maintenance challenges or require updates to systems not covered by cosmetic renovations.
The property description explicitly states 'view: None,' which could be a disadvantage for buyers prioritizing scenic vistas or panoramic outlooks.
There is no other home like it in the area. 1/2 acre lot with two added units to original home. All have a separate entrance. The quiet neighborhood is ideal for the small to large family. Almost entire home has been remodeled. New kitchen in the main house. So much room for family and even more for entertaining. Add a pool or another ADU or two. Check with city but this lot is large. Not much to do but move in and invite your friends and family over. Be careful, this place is so nice they may want to move in. Come see the open space and he mature trees and landscaping. Its perfect for multi-generational family, or a small one who wants extra income.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 52% |
| Square foot | 1,967 | 1,867 | 55% |
| Lot Size | 21,780 | 10,019 | 82% |
| Price | $740.0K | $730.0K | 51% |
| Price per sq ft | $376 | $397 | 37% |
| Built year | 1926 | 1964 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 327 | 135 | 96% |
Dec 18, 2025
$739,999
$760,000
-3% Price Drop
Initial Listing
Oct 9, 2025
$760,000
$789,999
-4% Price Drop
Initial Listing
Sep 11, 2025
$789,999
Initial Listing
Jul 24, 2025
$810,000
Initial Listing