4161 University, Riverside, California 92501, Riverside, 92501 - 4 bed, 3 bath

4161 University, Riverside, California 92501 home-pic-0
ACTIVE$900,000
4161 University, Riverside, California 92501
4Beds
3Baths
2,352Sqft
6,534Lot
Year Built
1907
Close
-
List price
$900K
Original List price
$925K
Price/Sqft
$383
HOA
-
Days on market
-
Sold On
-
MLS number
IV25257671
Home ConditionExcellent
Features
Deck
View-

About this home

Fairly Priced:The estimated price is in line with the list price. We found 4 Cons,5 Pros. Rank: price - $900.0K(92th), sqft - 2352(76th), beds - 4(65th), baths - 3(69th).

Where California historic charm meets modern luxury. This home has been awarded the Mills Act Contract. The Mills Act is a California program that offers significant property tax reductions to owners of qualified historic homes in exchange for preserving and maintaining their property’s historic character. It’s a valuable incentive that helps homeowners save money while protecting local architectural heritage. Built in 1907 and nestled in the Evergreen Quarter Historic District and within the Downtown Specific Plan, this exquisite American Foursquare residence blends timeless craftsmanship with thoughtful modern updates. Perfectly positioned within walking distance of the Mission Inn, Fox Theater, Riverside Art Museum, Riverside Public Library and the city’s best restaurants, this home captures the essence of Riverside’s architectural and cultural heritage. As you approach, you’re welcomed by two stately entry points and a newly stained porch, the perfect setting for morning coffee or evening gatherings under the shade of mature trees. Step inside to a gracious formal sitting room, seamlessly flowing into a warm family room with rich woodwork and original detailing. The formal dining room is a showpiece of historic elegance, featuring built-ins and a brick fireplace crafted from bricks from the Mission Inn itself. The spacious kitchen combines timeless design with modern convenience, while a beautifully updated downstairs bath and separate laundry room add function and charm. Upstairs, you’ll find four spacious bedrooms, each with original moldings, hardwood floors, and abundant natural light, as well as two elegant baths that continue the home’s harmony of old and new. Outdoors, the generous backyard is a private retreat — with multiple seating areas, a large entertaining porch, and lush landscaping framed by a large Sycamore tree and three 50-year-old lemon trees. The property also features updated electrical ready for a sauna or hot tub, newer A/C units, and space for up to six vehicles at rear of home and garage. Lovingly restored and well maintained, this home offers the rare opportunity to own a piece of Riverside’s living history — where every detail tells a story, and every room feels like home. Select key furnishings will remain with the property. Come fall in love with Riverside history through this home.

Price History

Date
Event
Price
12/13/25
Price Change
$900,000-2.7%
11/10/25
Listing
$925,000
05/10/21
Sold
$720,000
08/17/16
Sold
$500,000
11/25/14
Sold
$255,000
02/05/14
Sold
$210,000
09/17/02
Sold
$360,000
Condition Rating
Excellent

Despite being built in 1907, this property has undergone extensive, high-quality modern renovations, particularly evident in the kitchen and bathrooms. The kitchen features new white shaker cabinets, modern subway tile backsplash, high-end stainless steel appliances (including a professional-style range), and contemporary tile flooring. All three bathrooms are beautifully updated with modern vanities, fixtures, and tiling, blending seamlessly with the home's historic charm. The description also notes updated electrical and newer A/C units, indicating significant system upgrades. The overall condition, as seen in the images and described, reflects a 'lovingly restored and well maintained' home with virtually new components in key areas, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Mills Act Contract: The property benefits from a Mills Act Contract, offering significant property tax reductions in exchange for preserving its historic character, providing a valuable financial incentive for homeowners.
Historic Charm with Modern Updates: This American Foursquare residence seamlessly blends timeless craftsmanship with thoughtful modern updates, including a spacious kitchen, updated baths, and newer A/C units, offering the best of both eras.
Prime Historic Downtown Location: Nestled in the Evergreen Quarter Historic District and within the Downtown Specific Plan, the home is perfectly positioned within walking distance of the Mission Inn, Fox Theater, museums, library, and top restaurants.
Spacious & Well-Maintained Interiors: The home features four spacious bedrooms with original moldings and hardwood floors, a formal sitting room, family room, and dining room with rich detailing, all lovingly restored and well-maintained.
Generous Outdoor Living & Parking: A private, generous backyard offers multiple seating areas, a large entertaining porch, lush landscaping with mature trees, updated electrical for a sauna/hot tub, and ample space for up to six vehicles.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
Historic Property Maintenance: As a 1907 historic home, even with updates, it may require specialized and potentially more costly ongoing maintenance to preserve its character and address age-related issues compared to newer constructions.
Mills Act & Historic District Restrictions: The Mills Act contract and location within a historic district impose strict guidelines and limitations on exterior and potentially interior modifications, which could restrict a buyer's renovation choices.
Downtown Environment Trade-offs: While offering excellent walkability, a downtown location can sometimes entail increased noise levels, higher traffic, or less perceived privacy compared to more secluded residential neighborhoods.

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