11661 Valverda Avenue, Riverside, California 92505, Riverside, 92505 - 2 bed, 1 bath
ACTIVE$639,999
11661 Valverda Avenue, Riverside, California 92505
2Beds
1Bath
934Sqft
7,405Lot
Year Built
1946
Close
-
List price
$640K
Original List price
$650K
Price/Sqft
$685
HOA
-
Days on market
-
Sold On
-
MLS number
IG25163318
Home ConditionGood
Features
Patio
View-
About this home
Possibly Over-Priced:The estimated price is 11% below the list price. We found 3 Cons,5 Pros. Rank: price - $640.0K(49th), sqft - 934(5th), beds - 2(11th), baths - 1(17th).
Welcome home! This 2 bedroom, 1 bath home offers a great combination of comfort and convenience. An updated kitchen, cozy living room ideal for relaxation. As an added bonus this homes has a private and fully functional ADU perfect for guests, in laws, or as a rental income source. Conveniently located 1.5 miles from the 91 freeway, a 7 min drive to shopping, movies, and dinning also close to parks and grocery stores. Great for first time home buyers, or investors who are looking to add some passive income! This home is a rare find with the ADU. Wheher you're looking to move in or rent, this property is ready to make your homeownership dreams come true!
Nearby schools
3/10
Valley View Elementary School
Public,•K-5•0.5mi
3/10
Phillip M. Stokoe Elementary School
Public,•PK-5•0.7mi
5/10
S. Christa Mcauliffe Elementary School
Public,•K-5•1.2mi
4/10
Twinhill Elementary School
Public,•K-5•1.2mi
4/10
Collett Elementary School
Public,•PK-5•1.3mi
7/10
Promenade Elementary School
Public,•PK-5•1.6mi
4/10
Myra Linn Elementary School
Public,•K-5•1.7mi
2/10
La Granada Elementary School
Public,•PK-5•1.8mi
4/10
Liberty Elementary School
Public,•PK-6•3.0mi
4/10
Loma Vista Middle School
Public,•6-8•2.0mi
3/10
Wells Middle School
Public,•6-8•2.2mi
5/10
Ysmael Villegas Middle School
Public,•6-8•2.2mi
6/10
Arizona Middle School
Public,•6-8•2.7mi
3/10
Chemawa Middle School
Public,•7-8•3.9mi
4/10
La Sierra High School
Public,•9-12•1.2mi
6/10
Hillcrest High School
Public,•9-12•2.0mi
4/10
Norte Vista High School
Public,•9-12•2.9mi
5/10
Arlington High School
Public,•9-12•4.2mi
Price History
Date
Event
Price
09/04/25
Price Change
$639,999-1.5%
07/20/25
Listing
$649,999
Condition Rating
Good
This property, built in 1946, presents as move-in ready due to evident updates. The main bathroom features a modern vanity, vessel sink, and LVP flooring, suggesting a recent renovation. The listing description highlights an 'updated kitchen' (though no images are provided for the main kitchen) and a 'fully functional ADU.' The ADU includes a kitchenette with butcher block counters and a functional bathroom, adding significant value and utility. While the original structure is older, the visible renovations, good condition of flooring (hardwood/laminate in living areas, LVP in wet areas), and the presence of a functional ADU indicate that the property has been extensively renovated within the last 5-15 years, aligning with the 'Good' condition criteria.
Pros & Cons
Pros
Income-Generating ADU: The property features a private and fully functional Accessory Dwelling Unit (ADU), providing excellent potential for rental income, guest accommodation, or multi-generational living.
Convenient Location: Strategically located 1.5 miles from the 91 freeway and a short 7-minute drive to shopping, dining, parks, and grocery stores, offering high convenience for residents.
Updated Kitchen: The main home boasts an updated kitchen, enhancing its appeal with modern aesthetics and functionality.
Versatile Buyer Appeal: This property is well-suited for both first-time homebuyers seeking an entry-level home and investors looking for passive income opportunities due to the ADU.
Recent Price Adjustment: The listing price has been reduced from $649,999 to $639,999, potentially indicating a motivated seller and a more attractive entry point for buyers.
Cons
Age of Property: Built in 1946, the main home is older, which may lead to potential maintenance issues or the need for further updates beyond the kitchen.
Small Main Home Size: The main house is relatively compact at 934 sqft with only 2 bedrooms and 1 bathroom, which might be a limiting factor for buyers desiring more living space or additional bathrooms.
Overpriced Relative to Estimate: The current listing price of $639,999 is 13% higher than the estimated property value of $552,459, suggesting it may be priced above market expectations.