4603 Jurupa Avenue, Riverside, California 92506, Riverside, - bed, bath

ACTIVE$905,000
4603 Jurupa Avenue, Riverside, California 92506
0Bed
0Bath
2,088Sqft
16,553Lot
Year Built
1955
Close
-
List price
$905K
Original List price
$929K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
PW25095760
Home ConditionGood
Features
View-
About this home
Perfect for Investors and Owner residents, available for sale are three bungalow style apartment homes situated on an oversized lot, located in the Historic Wood's Street suburb of Riverside, CA. Recently modernized, the exterior has received new automated garage door as well as newer dual paned windows. Interiors have also received upgrades with new floors, appliances, and bathroom vanities. Possible additional upside in income by converting three existing garages into A.D.U.'s (Buyer to verify)
Nearby schools
6/10
Pachappa Elementary School
Public,•PK-6•1.0mi
5/10
Alcott Elementary School
Public,•K-6•2.3mi
5/10
Bryant Elementary School
Public,•K-6•2.4mi
4/10
Sierra Middle School
Public,•7-8•0.7mi
2/10
Central Middle School
Public,•7-8•1.3mi
5/10
Ramona High School
Public,•9-12•1.7mi
7/10
Polytechnic High School
Public,•9-12•2.0mi
Price History
Date
Event
Price
09/12/25
Price Change
$905,000
04/30/25
Listing
$929,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (4 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 2,088 | 2,448 | 40% |
| Lot Size | 16,553 | 7,405 | 80% |
| Price | $905K | $905K | 50% |
| Price per square foot | $433 | $433 | 50% |
| Built year | 1955 | 1931 | 60% |
| HOA | |||
| Days on market | 190 | 90 | 60% |
Condition Rating
Good
Despite being built in 1955, the property has undergone significant recent modernization, as stated in the description and evidenced by the images. The interiors feature new laminate flooring, freshly painted walls, updated kitchens with white shaker cabinets and stainless steel appliances, and renovated bathrooms with modern vanities and subway tile showers. Newer dual-pane windows and an automated garage door also contribute to its updated condition. While the property is move-in ready and aesthetically pleasing, the presence of window AC units instead of central HVAC prevents it from achieving an 'Excellent' rating.
Pros & Cons
Pros
Income-Generating Triplex: The property is a triplex, offering immediate income generation potential for investors and owner-residents, with three distinct bungalow-style apartment homes.
ADU Conversion Potential: Significant upside exists with the possibility of converting three existing garages into Accessory Dwelling Units (ADUs), which could substantially increase rental income and property value.
Recent Modernization: The property has undergone recent modernization, including new automated garage doors, dual-paned windows, updated flooring, appliances, and bathroom vanities, reducing immediate capital expenditure for a buyer.
Oversized Lot: Situated on a generous 16,553 sqft lot, providing ample space for tenants, potential for outdoor amenities, or future expansion opportunities.
Historic Neighborhood Location: Located in the Historic Wood's Street suburb of Riverside, offering a desirable and established neighborhood appeal that can attract quality tenants.
Cons
Age of Property: Built in 1955, the property, despite recent modernizations, may still have underlying infrastructure or maintenance requirements typical of older constructions.
ADU Conversion Due Diligence: The potential for ADU conversion requires the buyer to verify feasibility, permits, and costs, which could involve additional time, expense, and uncertainty.
Smaller Unit Sizes: With 2088 sqft distributed among three units, the individual apartment sizes are relatively modest, which might limit the tenant pool or rental income compared to properties with larger units.

