17305 Sage Avenue, Riverside, California 92504, Riverside, 92504 - bed, bath

17305 Sage Avenue, Riverside, California 92504 home-pic-0
ACTIVE$2,300,000
17305 Sage Avenue, Riverside, California 92504
0Bed
0Bath
6,056Sqft
84,942Lot
Year Built
2007
Close
-
List price
$2.3M
Original List price
$2.4M
Price/Sqft
$380
HOA
-
Days on market
-
Sold On
-
MLS number
IV25046329
Home ConditionGood
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $2.30M(80th), sqft - 6056(80th), beds - undefined(50th), baths - undefined(50th).

Investment Opportunity: Five Houses on Expansive 1.95 Acres. This unique investment opportunity features five well-maintained houses in the sought-after Woodcrest area of Riverside. These properties offer excellent income potential and are ideal for both seasoned investors and Multi-family living arrangements. Main House was Built in 2007 with 3,046 square feet, upgraded amenities including an extra-large game room, covered patio, and high ceilings, large kitchen with ample cabinet space, granite countertops, and tile flooring throughout, spacious bedrooms, separate dining area, and three full bathrooms, four-car garage. Additional Houses, each rental unit offers privacy with separate driveways and entrances currently all occupied except one, providing immediate rental income. Other Property Highlights, large unused space for additional units, horses, agriculture, parking rental, or other uses, several fruit trees as Orange, Guava, Bananas, lemon and others. Convenient location close to schools and amenities, These five houses on a single lot present a rare investment opportunity with multiple income streams. Whether you are an experienced investor or looking to make your first investment, this property offers flexibility and potential for growth. Don't miss out on the chance to see it for yourself!

Price History

Date
Event
Price
11/26/25
Price Change
$2,300,000-2.1%
10/24/25
Price Change
$2,349,000
03/03/25
Listing
$2,399,000
Condition Rating
Good

The main house, built in 2007, is 17 years old, placing it within the 'Good' category's age range. The description highlights 'upgraded amenities,' a 'large kitchen with ample cabinet space, granite countertops, and tile flooring throughout,' and 'three full bathrooms.' Images confirm a well-maintained kitchen with dark wood cabinets, granite countertops, and stainless steel appliances, and bathrooms with granite vanities and tiled surrounds. While the style is somewhat traditional and not cutting-edge modern, all components appear functional, clean, and in good condition, requiring no immediate renovations. The property is move-in ready, aligning with the criteria for a 'Good' score.
Pros & Cons

Pros

Diverse Income Portfolio: Five distinct residential units on a single parcel offer multiple income streams, significantly enhancing investment stability and potential returns.
Significant Development Upside: An expansive 1.95-acre lot provides ample unused space, presenting opportunities for additional unit construction, agricultural use, or other value-add projects.
Modern Main Residence: The primary 3,046 sqft home, built in 2007, features desirable upgrades like a large game room, covered patio, high ceilings, and a well-appointed kitchen, appealing to owner-occupants or premium tenants.
Tenant Privacy & Appeal: Individual rental units benefit from separate driveways and entrances, a key feature that enhances tenant satisfaction and marketability.
Immediate Cash Flow: With most units currently occupied, the property offers established rental income from day one, minimizing initial vacancy risk for investors.

Cons

Complex Property Management: Overseeing five separate residential units on one parcel can be operationally intensive, potentially requiring significant time, resources, or professional management.
Unit Count/Type Discrepancy: The listing describes 'Five Houses' while the sub_type is 'Quadruplex,' which may indicate a zoning or legal classification inconsistency requiring thorough due diligence.
Elevated Maintenance Demands: Managing multiple structures inherently increases the overall maintenance burden and potential for higher repair costs compared to a single-unit property.

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