9140 Owari Lane, Riverside, California 92508, Riverside, 92508 - 5 bed, 3 bath
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9140 Owari Lane
Riverside, California 92508
ACTIVE UNDER CONTRACT
CONDITION: GOOD
5Beds
3Baths
2,000Sq Ft
7,405Lot Size
Property Price
LIST PRICE$734,888
EST. MARKET VALUE
$757,919
3% BelowMARKET VALUE
SUMMARY
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $734,888—positioned well below the $757,920 Fair Market Value by 3%. This valuation gap offers $23,032 in Instant Equity. Featuring a Condition Rating of 3, the home includes brand-new quartz countertops, fresh interior paint, and a private pool and spa. Located in the Riverside Unified district near top-rated schools like Martin Luther King Jr. High, this property is an ideal choice for growing families or owner-occupants seeking a move-in-ready lifestyle.
Estimated Market Value
$757,919+$23,031 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 |
|---|---|---|---|---|---|---|
★ 9140 Owari Lane Subject 5 bd · 3 ba · 2,000 sqft · $379 | $734,888* List Price | 5 | 3 | 2,000 | $379 | - |
A 9057 Mandarin Sold 4 bd · 3 ba · 2,027 sqft · $340 · 0.2 mi | $689,000 | 4 | 3 | 2,027 | $340 | 0.2 mi |
B 9253 Sunridge Sold 5 bd · 3 ba · 2,079 sqft · $349 · 0.3 mi | $725,000 | 5 | 3 | 2,079 | $349 | 0.3 mi |
C 9053 Limecrest Drive Sold 4 bd · 3 ba · 2,027 sqft · $363 · 0.4 mi | $735,000 | 4 | 3 | 2,027 | $363 | 0.4 mi |
D 19350 Totem Court Sold 4 bd · 3 ba · 1,840 sqft · $326 · 0.2 mi | $600,000 | 4 | 3 | 1,840 | $326 | 0.2 mi |
E 9140 Rangpur Sold 4 bd · 3 ba · 1,922 sqft · $375 · 0.4 mi | $720,000 | 4 | 3 | 1,922 | $375 | 0.4 mi |
F 9133 Limecrest Sold 4 bd · 3 ba · 1,840 sqft · $380 · 0.4 mi | $700,000 | 4 | 3 | 1,840 | $380 | 0.4 mi |
G 9244 Loquat Sold 4 bd · 3 ba · 1,928 sqft · $401 · 0.4 mi | $773,000 | 4 | 3 | 1,928 | $401 | 0.4 mi |
H 19185 Laurenrae Street Sold 4 bd · 3 ba · 1,905 sqft · $370 · 0.1 mi | $705,000 | 4 | 3 | 1,905 | $370 | 0.1 mi |
I 9203 Owari Active Under Contract 4 bd · 3 ba · 1,840 sqft · $402 · 0.1 mi | $739,000 List Price | 4 | 3 | 1,840 | $402 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1988, the home has been well-maintained and recently refreshed with brand-new quartz countertops, fresh interior paint, and updated modern bathrooms. It is in move-in-ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Martin Luther King Jr. High School (9/10).
- Outdoor Oasis
The private backyard features a sparkling pool and spa, offering a premium space for relaxation and entertainment in the warm Riverside climate.
- Move-In Ready Upgrades
Recent interior updates, including brand-new quartz countertops and fresh paint throughout, provide a modern aesthetic and immediate occupancy potential.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
- High Bedroom-to-Bathroom Ratio
With five bedrooms but only 2.5 bathrooms, the home may present logistical challenges for larger households during peak morning or evening hours.
- Compact Living Area
At 2,000 square feet for a five-bedroom layout, individual room sizes or common living spaces may feel somewhat constrained compared to other homes in this price bracket.
About 9140 Owari Lane
Live where convenience, community and everyday California living come together in the highly desirable Orangecrest area of Riverside. Located just a short walk from the neighborhood park, 9140 Owari Lane puts outdoor recreation, open space and a place to enjoy the neighborhood right outside your door. This spacious 5-bedroom, 2.5-bath home offers the ideal combination of comfortable living and an exceptional location, with nearby schools, shopping, dining and everyday amenities all close at hand. Inside, you'll find a welcoming floor plan with vaulted ceilings, wood flooring, plantation shutters and a cozy fireplace. The kitchen has been beautifully refreshed with **brand-new quartz countertops**, while **fresh interior paint throughout** gives the home a clean, bright, move-in-ready feel. Step outside to your private backyard featuring a sparkling pool and spa—perfect for summer afternoons, weekend gatherings and relaxing at home. With parks, schools and neighborhood amenities within easy reach, this is more than a home—it’s a lifestyle in one of Riverside’s sought-after family-friendly communities.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1988
- Lot Size
- 7,405 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
Riverside Unified Schools
Mark Twain Elementary School
Grades K-6 • 0.4 mi
7/10
John F. Kennedy Elementary School
Grades K-6 • 0.9 mi
7/10
Benjamin Franklin Elementary School
Grades K-6 • 0.9 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 2.2 |
| Square foot | 2,000 | 1,854.896 |
| Lot Size | 7,405 | 8,680.308 |
| Price | $734.9K | $698.4K |
| Price per sq ft | $367 | $380 |
| Built year | 1988 | 1982 |
| HOA | $0 | $156 |
| Days on market | 30 | 57 |
Pricing History
Listed for Sale
Sep 24, 2026
$734,888
Initial Listing
Sold
Apr 11, 2022
$720,000
Public Record
Sold
Jul 18, 2014
$376,000
Public Record
Sold
Jun 9, 2008
$711,000
Public Record
Sold
Feb 28, 2003
$305,000
Public Record