60
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1427 Ransom
About This Property
Perched atop Canyon Crest, the General Archie J. Old Jr. House stands as a testament to both architectural grace and local history. Originally commissioned for the decorated World War II hero and March Air Force Base Commander, this mid-century contemporary ranch has been meticulously preserved, offering a turnkey lifestyle that feels both significant and inviting.
The experience begins at the sheltered front porch, where double Dutch doors open into an expansive marble foyer. Inside, the home unfolds with effortless sophistication. The sunken living room serves as a true centerpiece, anchored by an impressive brick fireplace and crowned by vaulted, wood-beamed ceilings that add a sense of scale and warmth. Whether you're hosting a formal dinner in the spacious dining room or enjoying a quiet morning in the sunroom-currently utilized as a bright workout space-the home's flow is seamless.
The heart of the residence is the expansive island kitchen, featuring granite countertops, premium stainless steel appliances, and a walk-in pantry. For those who work from home, the third bedroom has been thoughtfully transitioned into a handsome study, complete with rich wood paneling, built-in cabinetry, and soaring beamed ceilings. The primary suite is a private retreat of its own, boasting a luxurious ensuite bath and a generous walk-in closet.
While the interiors are exceptional, the exterior environment is truly breathtaking. The backyard serves as a private oasis, where a sparkling pool and spa are set against a backdrop of commanding views that stretch across the city lights of Riverside and the Inland Empire to the distant mountain peaks. Impeccably maintained and rich with character, this residence offers a rare opportunity to own a piece of Riverside's heritage without sacrificing modern luxury.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 28, 2026 | Sold | ||
| Sold | |||
| Jul 2, 2026 | In contract | - | |
| In contract | |||
| Jun 20, 2026 | Listed by COMPASS | $995,000 | |
| Listed by COMPASS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017