5841 Palm Avenue, Riverside, CA 92506

Riverside
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
5841 Palm Avenue,Riverside, CA 92506
$574,900
Virtual Tour
  • 3 Beds
  • 1 Baths
  • 1,788 sq. ft.
  • Single family
  • Pending
Listed by: laura mckinney
Office: keller williams riverside cent
MLS#:IV26164438
Source:San Diego MLS via CRMLS

Price summary

  • Price:$574,900
  • Price per sq. ft.:$321.53

About this home

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...

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Home facts

  • Year built:1950
  • Listing ID #:IV26164438
  • Added:52 day(s) ago
  • Updated:September 25, 2026 at 09:05 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Flooring:Carpet
  • Kitchen Description:Barbecue, Gas Range, Microwave
  • Living area:1,788 sq. ft.

Heating and cooling

  • Cooling:Central Forced Air, Dual
  • Heating:Fireplace, Forced Air Unit

Structure and exterior

  • Roof:Shake, Shingle, Wood
  • Year built:1950
  • Building area:1,788 sq. ft.
  • Architectural Style:Traditional
  • Construction Materials:Stucco, Wood
  • Levels:1 Story

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$574,900
  • Price per sq. ft.:$321.53

Features and amenities

  • Appliances:Barbecue, Gas Range, Microwave

Parking

  • Total parking spaces:8
  • Parking description:Garage
  • Garage spaces:2
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