6995 Mission Grove Parkway N, Riverside, California 92506, Riverside, 92506 - 3 bed, 3 bath
Loading property details...
Riverside, California 92506
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $925,000—positioned above the $808,293 Fair Market Value. While priced at a premium, the property features a Permitted Detached ADU, a Resort-Style Pool, and Dedicated RV Parking on a massive 15,246 sqft lot. With a Condition Rating of 4, the home offers significant upside for cosmetic modernization. Located in the prestigious Martin Luther King High School district, this asset is ideal for Buy-and-Hold Investors seeking rental income or Owner-Occupants prioritizing multigenerational flexibility and long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6995 Mission Grove Parkway N Subject | $925,000* List Price | 3 | 3 | 1,690 | $478 | - |
A 1087 Mission Grove N Sold | $722,500 | 5 | 2 | 1,682 | $430 | 0.7 mi |
B 276 Cottonwood Sold | $750,000 | 3 | 3 | 1,867 | $402 | 0.1 mi |
C 1248 Shakespeare Sold | $687,000 | 4 | 2 | 1,525 | $450 | 1.0 mi |
D 1003 Clearwood Avenue Pending | $715,000 List Price | 4 | 2 | 1,682 | $425 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1988 (36 years old), the home is well-maintained but remains largely dated. The kitchen and bathrooms feature older cabinetry, white appliances, and ceramic tile flooring consistent with a 20+ year old renovation or original finishes, requiring cosmetic updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15246, living area = 1690.
The property features a fully permitted detached ADU with a kitchenette and private patio, providing excellent potential for rental income, a home office, or multigenerational living.
Situated on a spacious 15,246 sqft corner lot, the home offers a resort-style pool and dedicated RV parking with full hookups, a rare combination for the area.
At a list price of $925,000 for 1,690 square feet, the property is priced at a significant premium compared to average Riverside residential valuations.
Built in 1988 with no mention of recent interior renovations to the main house, buyers may anticipate additional costs for modernizing the kitchen and bathrooms.
Welcome to 6995 Mission Grove Parkway North. Ideally situated on a spacious corner lot in one of Riverside's most sought-after neighborhoods. This unique home offers the perfect blend of comfort, flexibility, and income-generating potential. The property features a fully permitted detached ADU complete with 1 bedroom, 1 bathroom, kitchenette, private patio, and separate living space—ideal for multigenerational living, guests, a home office, or rental income. Resort style outdoor living, including a pool, dedicated RV parking with full hookups, and ample space for entertaining, recreation, or storing your toys. The corner lot location provides added privacy, curb appeal, and usable outdoor space. Located in the highly desirable Mission Grove community, residents enjoy convenient access to shopping, dining, parks, and major commuter routes. The home is also located within the attendance area of highly regarded Martin Luther King High School. Opportunities like this are rare—a well-maintained home with a permitted ADU, RV hookups, pool, and prime Mission Grove location all on one property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 52% |
| Square foot | 1,690 | 1,866 | 42% |
| Lot Size | 15,246 | 10,019 | 73% |
| Price | $925.0K | $730.0K | 76% |
| Price per sq ft | $547 | $400 | 92% |
| Built year | 1988 | 1965 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 134 | 5% |
Jun 5, 2026
$925,000
Initial Listing
Jul 15, 1998
$162,000
Public Record