See Home Value
$850,000
● House - Off Market

3540 Nelson

Riverside, CA 92506
bedrooms
5 Beds
bathrooms
4 Baths
square feet
2,384 Ft²
$4,297
Est. Monthly

About This Property

2 HOMES ON 1 LOT! Welcome to this exceptional Riverside property offering the perfect blend of comfort, flexibility, and modern upgrades! Living area square footage is a combination of both homes. 1584 sq ft for the main house and 800 sq ft for the additional home. Secondary unit is fully permitted.

The main house is 1584 sq ft with 3 bedrooms 2 baths and is a beautifully maintained single-family residence that features a fully remodeled kitchen with stylish finishes, updated cabinetry, and contemporary touches that make it ideal for both everyday living and entertaining. Step outside to your private backyard oasis complete with a sparkling pool, perfect for enjoying sunny Southern California days.

Adding incredible value and versatility, the property also includes a secondary unit is 800 sq ft with 2 bedrooms and 2 baths-ideal for extended family, guests, rental income, or a private home office setup. RV parking provides added convenience with plenty of space for your toys, trailers, or extra vehicles.

Located in a desirable Riverside neighborhood with no HOA, this home offers freedom and flexibility while being just minutes from shopping, dining, schools, and major commuter routes. Whether you're looking for a multi-generational living opportunity or an investment-friendly property, this home checks all the boxes.

Don't miss the opportunity to own this move-in-ready Riverside gem!
Unit Size
2,384 Ft²
Days on Market
70 days
Land Size
0.32 acres
Price per sqft
$367
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1952

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Last updated: 3 months ago (CRMLS #IV26106948)

Price History

Date / Event Date Event Price
Jul 24, 2026 Sold
Sold
Jul 3, 2026 In contract -
In contract
Jun 26, 2026 Price Decreased $875,000
↓ $25K (2.8%)
Price Decreased
Jun 17, 2026 Price Decreased $899,900
↓ $40K (4.3%)
Price Decreased
May 15, 2026 Listed by NATIONAL REALTY GROUP $940,000
Listed by NATIONAL REALTY GROUP
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 13
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 13,939
  • Total Building Area: 2,097
  • Gross Building Area: 2,097
  • Building Area: 1,584
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,584
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUN GOLD TERRACE UNIT 5
  • Land Acres: 0000000320
  • Standard Land Use Code: 1001
  • County Land Use Code: 20
  • State Land Use Code: R01
  • Legal Description 1: LOT 294 MB 025/008 SUN GOLD TERRACE UNIT 5

Neighborhood

  • School District Name: Riverside Unified School District
  • Census Tract: 031100

Zoning

  • Zoning: R1065

Geography

  • Parcel: 225-332-002
  • Lot: 294
  • Municipality: RIVERSIDE
  • Latitude: 33.9497
  • Longitude: -117.39

    Address

  • Full Address: 3540 Nelson St
  • Address - House Number: 3540
  • Address - Street Name: Nelson
  • Address - Suffix Type: St
  • State: CA
  • City Name: Riverside
  • Carrier Code: C043
  • 4-Digit Zip Code: 3112
  • Zip Code: 92506

Valuation

    Tax

  • Total Area: 1,584
  • Tax Year: 2023
  • Tax Amount: $312,418
  • Tax Rate Code Area: 009-000

    Appraisal Valuation

  • Standard Deviation: 0.1802
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 76
  • Final Value: 639,208
  • High Value: 754,421
  • Low Value: 523,996

    Market Valuation

  • Market Total Value: $453,870

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $436,237
  • Assessed Land Value: $94,605
  • Assessed Improvements Value: $341,632

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 23, 2019
  • Current Sale Recording Date: Nov 18, 2019
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 2019-0475875
  • Previous Sale Recording Date: Jan 18, 2001
  • Previous Sale Contract Date: Dec 07, 2000
  • Previous Sale Amount: $164,000
  • Previous Sale Document Type: 36
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Magnolia Center


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Frequently Asked Questions

When was property at 3540 Nelson Street built and last sold?
The property at 3540 Nelson Street was built in 1952 and last sold on Oct 23, 2019 for $415,000.
How much is this home worth?
The estimated value of the home located at 3540 Nelson Street is $901,084.
What are some comparable homes to 3540 Nelson Street?
There are currently no comparable homes to 3540 Nelson Street.