new - 5 days on rocket

4519 Grove Ave, Riverside, CA, 92507

$530,000

Home List Price

$6,294*

Closing Credit

3 Bedrooms
1 Full Bath
1,643 SqFt
$323/SqFt
Multi

Location

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4519 Grove Ave, Riverside$530,000

Buyer Closing Credits

$6,294*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway, Garage
Garage1 space
Year Built1922
CoolingNone
FireplaceLiving Room
ViewNone
MLS #IG24254286
Lot Size0.13 Acres
StatusActive

About 4519 Grove Ave

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.

Med. Sold Price

$655.9K

Med. Price/SqFt

$377

Avg. Days On Market

46

# of Sold Homes

159

4519 Grove Ave vs Riverside

5 DAYS ON ROCKET

-41 Days

$530,000

-$125.9K Less

$323/SqFt

-$55 Less

KEY TAKEAWAY

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

IDX 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

May 05, 1993Home Sold
$75,000

Tax History

YEARPROP. TAXASSESSMENT
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.

Payment Calculator

$2,713

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,655

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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.

Nearby Schools

school-card-donut-1998989
3
/10
  • Longfellow Elementary School

  • 3610 Eucalyptus Ave

  • 0.79 miles

  • Public District Grades KG-6

school-card-donut-1998990
4
/10
  • Emerson Elementary School

  • 4660 Ottawa Ave

  • 1.00 miles

  • Public District Grades KG-6

school-card-donut-1998991
5
/10
  • Louisa May Alcott Elementary School

  • 2433 Central Ave

  • 1.07 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

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.

All data provided by Home Junction and Claritas


Rocket HomesCaliforniaRiverside CountyRiverside925074519 Grove Ave

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.

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