4048 9th Street, Riverside, CA 92501
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
Listed by: joseph huelskamp
Office: exp realty of california inc888-584-9427
MLS#:IV26164090
Source:CRMLS
Price summary
- Price:$555,000
- Price per sq. ft.:$549.5
About this home
Turnkey Raincross District Bungalow with Rare R3 Zoning & Potential Property Tax Savings through the Mills Act! Discover this beautifully modernized 1911 California bungalow, combining classic turn-of-the-century character with exceptional investment flexibility in Downtown Riverside's premier Raincross District. Radiating exceptional curb appeal with a welcoming 28-foot covered front porch, this completely updated detached home flows into an expansive dual-living layout. This home has over 1,010 square feet of living space, featuring a spacious family room and an elegant formal dining room. The light-filled interior showcases premium laminate flooring, double-pane windows, and a beautifully updated kitchen equipped with granite countertops, upgraded cabinetry, tile flooring, a large walk-in pantry, and a petite breakfast bar. Both generous bedrooms anchor a smart Jack-and-Jill full bathroom layout, complemented by a large indoor laundry room situated directly off the kitchen. Absolute peace of mind is guaranteed with extensive capital improvements, including a newer roof, an upgraded electrical panel, and central air and heating. The private, low-maintenance paver backyard features a secure fenced perimeter enclosing dedicated off-street parking for two vehicles. 200 amp electric meter gives flexibility to car charging. A partial basement provides ideal additional storage or creative workshop potential. Strategically backed by the Downtown Specific Plan, buyers can exploit rare R3 zoning, which permits multi-family expansion, a live/work setup, or professional medical and dental offices. Additionally, the property qualifies for the California Mills Act, offering the next owner up to a 60% permanent reduction in annual property taxes to directly reinvest into the property. Enjoy elite urban walkability just blocks from the historic Mission Inn Hotel, the popular Riverside Food Lab, Riverside Art Museums, and Riverside City College. This perfect starter home is close to shopping, restaurants, worship, and top notch medical care. Must see to appreciate....
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Home facts
- Year built:1911
- Listing ID #:IV26164090
- Added:2 day(s) ago
- Updated:August 01, 2026 at 11:04 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Flooring:Laminate, Tile
- Kitchen Description:Gas Oven, Gas Range, Microwave, Pantry, Refrigerator
- Basement:Yes
- Basement Description:Unfinished, Utility
- Living area:1,010 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Composition, Shingle
- Year built:1911
- Building area:1,010 sq. ft.
- Lot area:0.07 Acres
- Lot Features:Rectangular Lot
- Architectural Style:Bungalow
- Exterior Features:Covered, FrontPorch, Lighting, Patio, Porch
- Foundation Description:Raised
- Levels:1 Story
Schools
- High school:Polytechnic
- Middle school:Central
- Elementary school:Bryant
Utilities
- Water:Public, Water Available, Water Connected
- Sewer:Public Sewer, Sewer Available, Sewer Connected
Finances and disclosures
- Price:$555,000
- Price per sq. ft.:$549.5
Features and amenities
- Amenities:All Bedrooms Down, Attic, Ceiling Fans, Granite Counters, Koi Pond, Loft room, Open Floor Plan, Walk In Pantry, Water Heater, Wine Cellar
Parking
- Total parking spaces:2
- Parking description:On Street
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