
Riverside, California 92504
This ADU-Eligible Single-Family Residence represents a High-Potential Investment Opportunity, listed at $679,000—positioned slightly above the $660,217 Fair Market Value. While the property reflects a Condition Rating of 4, it offers significant value through its 11,326 sqft lot and turnkey mechanicals, including a brand-new furnace. The R-1 zoning allows for a detached ADU, providing a clear path to dual income streams. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a well-maintained home with substantial long-term development potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7863 Railroad Avenue Subject | $679,000* List Price | 3 | 2 | 1,684 | $392 | - |
A 3749 San Rafael Sold | $780,000 | 4 | 3 | 2,258 | $345 | 0.9 mi |
B 3684 Cortez Street Sold | $500,000 | 3 | 2 | 1,242 | $403 | 0.6 mi |
C 2951 Gratton Street Sold | $615,000 | 4 | 2 | 1,471 | $418 | 0.9 mi |
D 3619 Hoytt Street Sold | $579,000 | 4 | 2 | 1,346 | $430 | 0.4 mi |
E 3198 Washington Active | $655,000 List Price | 3 | 2 | 1,330 | $492 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985 (39 years old), the home is well-maintained but dated. While the mechanical systems are a highlight—featuring a brand-new furnace and a 9-year-old HVAC—the kitchen and bathrooms reflect older styles (oak cabinetry, white appliances, and older tile) that typically require modernization. It is move-in ready but exceeds the 20-year threshold for original/older finishes.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11326, living area = 1684.
The oversized 11,326 sqft lot is ADU eligible for a detached unit up to 1,200 sqft, offering significant potential for rental income or multi-generational living.
The property is move-in ready with a brand new furnace, a 9-year-old HVAC system, fresh interior paint, and fully landscaped yards with automatic sprinklers.
The home is located directly across from an active freight rail line, which introduces significant noise and vibration that may deter noise-sensitive buyers.
The property's position on Railroad Avenue and its immediate proximity to industrial transit infrastructure may impact long-term appreciation and resale velocity.
Yes — there's an active freight rail line directly across the street. Trains pass. The current owners have lived here for years and simply stopped noticing; it became part of the rhythm of home. We're disclosing it upfront, because the price already reflects it. What that means for you: BUILT-IN EQUITY from day one, before you even walk through the front door. Now — here's what you're actually getting. A true single-story layout with room to breathe, inside and out. NO HOA. NO MELLO-ROOS. No rules dictating how you live, park, or improve your property. The front yard is a showstopper: FOUR TOWERING PALM TREES frame the entrance with unmistakable curb appeal, and a charming private courtyard welcomes you before you even step inside. Front and back yards are fully landscaped with an automatic sprinkler system throughout — COMPLETELY TURNKEY, zero maintenance required on day one. Inside, a comfortable layout flows naturally through the living room, family room, kitchen, and dining room. Kitchen and bathrooms are spotless clean, well-maintained, and genuinely move-in ready, with fresh interior paint throughout that gives the home a bright, updated feel. A BRAND NEW FURNACE and an HVAC system only 9 years old mean the mechanicals are solid and already covered. Smart thermostat, and a FULL SECURITY CAMERA SYSTEM are already installed — real peace of mind, included. Step into the backyard and you'll find a large concrete slab perfect for outdoor dining and entertaining, 7 mature fruit trees offering natural shade and seasonal harvests, and a sizeable storage shed tucked along the side yard. The entire property is clean, cared for, and reflects genuine pride of ownership at every turn — a home that's been loved, not just lived in. Here's the real story: this property is ADU ELIGIBLE under CA state law, with a detached ADU up to 1,200 sq ft generally permitted BY RIGHT on R-1 lots. Build a guest house, a long-term rental, or a casita for extended family. TWO INCOME STREAMS on one parcel may be within reach. Buyer to independently verify ADU feasibility and permitting with the City of Riverside; no guarantee of approval is made or implied. Direct 91 Freeway access puts you minutes from UCR, shopping, dining, and the full Inland Empire freeway network. No spin. No surprises. A solid, well-maintained home in a connected location — priced with honesty for the buyer who recognizes real value the moment they see it. Schedule your private showing today.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,684 | 1,723 |
| Lot Size | 11,326 | 8,712 |
| Price | $679.0K | $676.0K |
| Price per sq ft | $403 | $395 |
| Built year | 1985 | 1977 |
| HOA | $0 | $125 |
| Days on market | 15 | 58 |
Jul 7, 2026
$679,000
Initial Listing
Oct 15, 2010
$140,000
Public Record