Calling All Investors! This property is a fantastic investment opportunity, bursting with potential and versatility. Officially recorded as a 3 bedroom, 1 bathroom home, it has been thoughtfully reconfigured into two distinct living spaces, each with its own address. The primary unit features 3 bedrooms and 1 bathroom, while the secondary unit offers 1 bedroom and 1 bathroom. Both units include individual kitchens and private entrances, making this property ideal for generating rental income. Situated on a spacious oversized lot, the property offers plenty of room for customization or expansion to meet your vision. While the property requires significant repairs, its prime location near UC Riverside, parks, golf courses, schools, shopping centers, and entertainment venues adds immense value. It is also conveniently close to the Mission Inn, Riverside Community Hospital, Riverside City College, Metrolink, and major highways. Don’t miss this exciting opportunity to create your ideal space or maximize its potential as an income producing investment!
Property Details
Property Features
Property Information:
Year Built: 1922
Stories: 1
Living Area: 1,643 SqFt
Listing Office:
Office Name: Westcoe Realtors, Inc.
Office Phone: (951) 751-6801
Listing Agent: Yolanda Gomez
Interior Features
Interior Information:
Interior: All Bedrooms Down
Fireplace: Living Room
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Private Pool: No
View: None
Parking Information:
Garage Space: 1 space
Attached Garage: No
Parking: Driveway, Garage
Lot Features
Lot Information:
Lot: Front Yard
Lot Size: 0.13 Acres
Utilities
Utilities Information:
Cooling: None
Other
Directions Information:
Directions: CA-91 E, exit 63 toward 14th Turn right , Turn right onto Grove Ave
Price Information
Listing Price Info
Price Summary:
List Price: $530,000
Price Per SqFt: $323/SqFt
Tax Information:
Annual Amount: $3,572
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Riverside, CA.
This property is $125.9K less than the Median Sold Price and $55/SqFt less than other homes in Riverside, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #IG24254286
Listing Office:
Office Name: Westcoe Realtors, Inc.
Office Phone: (951) 751-6801
Listing Agent: Yolanda Gomez
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 1/11/2025, 4:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
May 05, 1993
May 05, 1993Home Sold
$75,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$3,572
$315,225
2020
$3,572
$311,994
2018
$3,437
$299,880
2017
$3,161
$294,001
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Longfellow Elementary School
3610 Eucalyptus Ave
Distance between this listing and this school0.79 miles
Public District Grades KG-6
4
/10
Emerson Elementary School
4660 Ottawa Ave
Distance between this listing and this school1.00 miles
Public District Grades KG-6
5
/10
Louisa May Alcott Elementary School
2433 Central Ave
Distance between this listing and this school1.07 miles
Public District Grades KG-6
Nearby Schools
4
/10
Central Middle School of Arts and Innovation
4795 Magnolia Ave
Distance between this listing and this school1.01 miles
Public District Grades 7-8
5
/10
Matthew Gage Middle School
6400 Lincoln Ave
Distance between this listing and this school2.17 miles
Public District Grades 7-8
4
/10
University Heights Middle School
1155 Massachusetts Ave
Distance between this listing and this school2.22 miles
Public District Grades 7-8
Nearby Schools
2
/10
Abraham Lincoln Continuation
4341 Victoria Ave
Distance between this listing and this school0.16 miles
Public District Grades 9-12
3
/10
Gateway College and Career Academy
4800 Magnolia Ave
Distance between this listing and this school0.58 miles
Public Charter Grades 9-12
2
/10
Riverside County Community
3939 13th St
Distance between this listing and this school0.93 miles
The neighbors living near this home have an average income of $37,400. Residents of Riverside, CA typically earn between $35k-100k each year. Most families are married, with kids. Most residents in this area have high school diploma education.
This home is located at 4519 Grove Ave in Riverside, CA and zip code 92507 in the Eastside neighborhood. This 1,643 square foot home, which was built in 1922, sits on a 0.13 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since January 06, 2025 and is currently priced at $530,000.
While more than 68 listings in Riverside, CA in December 2024 were sold above asking price, there were more than 35 listings sold at asking price, and more than 56 were sold below. Between November 2024 and December 2024, Riverside, CA real estate market has seen decrease in the number of listings by 10.7%. The median list price of listings available in December 2024 was $655,980, while the average time on the real estate market was 46 days.
From Rocket Homes Real Estate and based on county public records data.