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5393 La Sierra Avenue, Riverside, California 92505, Riverside, 92505 - 3 bed, 2 bath

5393 La Sierra Avenue, Riverside, California 92505 home-pic-0
ACTIVE$585,000
5393 La Sierra Avenue, Riverside, California 92505
3Beds
2Baths
1,368Sqft
10,454Lot
Year Built
1955
Close
-
List price
$585K
Original List price
$420K
Price/Sqft
$428
HOA
-
Days on market
-
Sold On
-
MLS number
IV25174703
Home ConditionPoor
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 7% below the list price. We found 3 Cons,5 Pros. Rank: price - $585.0K(26th), sqft - 1368(39th), beds - 3(50th), baths - 2(50th).

Seller Offering $10,000 closing costs for buyer. Welcome to this 3-bedroom, 2-bathroom home situated on a spacious 10,000+ sq. ft. lot in the desirable La Sierra area of Riverside. Perfectly located near La Sierra Park, schools, shops, Tyler Mall, and with quick access to the 91 freeway, this property offers both convenience and potential. The home features laminate flooring in the main living areas and a kitchen that opens to the family room, complete with a cozy fireplace. The generous primary bedroom boasts its own private bathroom and two closets for ample storage. The expansive lot includes RV parking with hookups, two separate driveways, and plenty of space in the back with potential to build an ADU or lot split. Whether you’re a first time buyer or looking for an investment opportunity, this property is a smart choice for the savvy buyer.

Nearby schools

4/10
Twinhill Elementary School
Public,•K-5•0.3mi
2/10
La Granada Elementary School
Public,•PK-5•0.9mi
3/10
Valley View Elementary School
Public,•K-5•0.9mi
4/10
Rosemary Kennedy Elementary School
Public,•K-5•1.1mi
6/10
Riverview Elementary School
Public,•K-6•2.6mi
5/10
Sierra Vista Elementary School
Public,•K-6•3.0mi
7/10
Ronald Reagan Elementary
Public,•K-6•6.1mi
4/10
Loma Vista Middle School
Public,•6-8•1.1mi
3/10
Wells Middle School
Public,•6-8•1.4mi
6/10
Norco Intermediate School
Public,•7-8•2.9mi
5/10
Ysmael Villegas Middle School
Public,•6-8•3.2mi
4/10
La Sierra High School
Public,•9-12•1.3mi
4/10
Norte Vista High School
Public,•9-12•1.9mi
6/10
Norco High School
Public,•9-12•3.3mi
9/10
John F. Kennedy High School
Public,•10-12•4.3mi

Price History

Date
Event
Price
10/11/25
Price Change
$585,000-2.5%
08/19/25
Price Change
$599,990-3.2%
08/08/25
Listing
$419,990
08/08/25
Price Change
$619,990
Condition Rating
Poor
Built in 1955, this property is significantly aged. The kitchen is extremely outdated with original or very old cabinets, countertops, and appliances, clearly requiring a full renovation. A major concern is the exposed wiring visible in both the kitchen and living areas, indicating potential safety hazards and a need for substantial electrical system repairs. While some laminate flooring has been installed, other areas have worn carpet. The bathrooms are not pictured, which often suggests they are in similar, poor condition. The exterior shows cracked concrete and an unlandscaped yard. Overall, the property requires substantial repairs and rehabilitation to address safety concerns and bring it up to modern living standards.
Pros & Cons

Pros

Development Potential: The expansive 10,000+ sq. ft. lot offers significant potential for building an Accessory Dwelling Unit (ADU) or even a lot split, providing future value and flexibility.
Prime Location & Accessibility: Strategically located near La Sierra Park, schools, shopping centers (Tyler Mall), and with quick access to the 91 freeway, ensuring convenience for residents.
Buyer Financial Incentive: The seller's offer of $10,000 towards closing costs provides a direct financial benefit, making the property more attractive to potential buyers.
RV & Vehicle Accommodation: Features like RV parking with hookups and two separate driveways cater to specific buyer needs, offering ample space for vehicles and recreational equipment.
Comfortable Primary Suite: A generous primary bedroom includes a private bathroom and two closets, enhancing comfort and providing ample storage.

Cons

Age of Construction: Built in 1955, the property is an older home, which may necessitate updates to systems, infrastructure, or aesthetics to meet modern standards and preferences.
Discrepancy in Valuation/Price History: The current list price of $585,000 is notably above the estimated property value of $521,455.95, coupled with a fluctuating price history, which could suggest overpricing or market resistance.
Potential for Outdated Systems/Amenities: As an older home, there's an implied risk of outdated systems or a lack of modern amenities (e.g., central air conditioning, which is not mentioned), potentially requiring additional investment for comfort and efficiency.

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