15745 Saddleback Road
About This Property
The main home features a bright open-concept layout with spacious living and dining areas, recessed lighting, and a remodeled kitchen with quartz countertops, stainless steel appliances, and abundant cabinetry. Tile flooring extends throughout the main living areas and bathrooms, while all four bedrooms feature durable vinyl plank flooring for both style and easy maintenance.
The primary suite offers comfort and privacy with direct backyard access, while the additional bedrooms provide flexibility for family, guests, or work-from-home needs.
A standout feature is the permitted detached ADU complete with its own kitchen, living area, bedroom, and bathroom. The ADU also features vinyl plank flooring throughout, creating a clean, cohesive, and low-maintenance living space.
Step outside to your private backyard retreat featuring a sparkling pool and spa, towering palm trees, established shade trees, scenic views, expansive usable grounds, and room for entertaining, recreation, RV parking, or future customization. The approximately 20,038 sq ft lot (nearly half an acre) offers a unique combination of privacy, flexibility, RV parking, and functionality rarely found in today's market.
Additional improvements include a newer roof (2021), permitted 5-ton HVAC system (2021), dual-pane windows, and energy-efficient features.
Located within the Riverside Unified School District boundaries serving Woodcrest Elementary School, Miller Middle School, and King High School (buyer to verify). Conveniently located near shopping, dining, parks, golf courses, and commuter routes.
Don't miss this rare opportunity to own two permitted homes on one lot in one of Riverside's most desirable neighborhoods. Schedule your private showing today.
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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 |
|---|---|---|---|
| Aug 6, 2026 | Sold | ||
| Sold | |||
| Jul 9, 2026 | In contract | - | |
| In contract | |||
| Jun 9, 2026 | Price Decreased |
$924,900
↓ $25K
(2.6%) | |
| Price Decreased | |||
| May 7, 2026 | Price Decreased |
$949,900
↓ $49K
(4.9%) | |
| Price Decreased | |||
| Apr 17, 2026 | Listed by Cochran Real Estate Professionals Inc | $999,000 | |
| Listed by Cochran Real Estate Professionals Inc | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017