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Additional details

David Hussain

david@listedbydavid.com +1(858) 215-3512

$ 574,900

Est. payment -/mo

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Active Under Contract

5841 Palm Avenue Riverside, CA 92506

3 Beds

1 Bath

1,788 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,788 sqft

Price per Sqft $321

MLS Listing ID IV26164438

Style Traditional

Bedrooms 3

Full Baths 1

Year Built 1950

Lot Size 0.430 Acres

Property Sub-Type Detached

Property Description

Rare Wood Streets Investment Opportunity! Attention investors, contractors, and developersthis is the value-add project youve been waiting for. Situated on a flat, usable lot of nearly one-half acre, this single-story home offers approximately 1,788 square feet with 3 bedrooms, 1 bathroom, plus a spacious bonus room with closet that could serve as an office, den, or potential 4th bedroom (buyer to verify). The detached workshop is a standout feature, complete with its own HVAC system, electrical, dedicated sub-panel, and built-in air compressor lines, creating endless possibilities for a workshop, hobby space, or future ADU conversion (buyer to verify). The expansive lot offers additional potential for expansion or ADU opportunities, subject to City approval. Major components including the HVAC system, electrical panel, and water heater have already been updated, allowing investors to focus on maximizing the propertys upside. Located in Riversides highly desirable Wood Streets neighborhood, opportunities like this are becoming increasingly difficult to find. Property is being sold strictly AS-IS. Seller will make no repairs, provide no credits, and will not renegotiate based on inspections or property condition. Cash and hard money financing are strongly preferred. Schedule a showing before it's too late!

Location

State CA

County Riverside

Direction From Jurupa Ave, head North on Palm Ave, House is two blocks up, on the Left side of the street

Interior

Heating Fireplace, Forced Air Unit

Cooling Central Forced Air, Dual

Flooring Carpet

Fireplaces Type FP in Living Room

Fireplace No

Appliance Microwave, Barbecue, Gas Range

Exterior

Parking Features Garage

Garage Spaces 2.0

Fence Chain Link, Wood

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

Water Access Desc Public

View Neighborhood

Roof Type Wood,Shake,Shingle

Total Parking Spaces 8

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories 1

Others

Senior Community No

Tax ID 218142017

Acceptable Financing Cash, Submit

Listing Terms Cash, Submit

Special Listing Condition Probate Sbjct to Overbid

Virtual Tour https://app.cloudpano.com/tours/yDECpUWCj?mls=1&disable=logo,floorplan,request,leadgen,watermark

Listed by LAURA MCKINNEY, DRE#02046962 KELLER WILLIAMS RIVERSIDE CENT

NEARBY SCHOOL & BUSINESS

+1(858) 215-3512

david@listedbydavid.com

2535 Camino Del Rio S #240, San Diego, CA 92108, USA

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