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$590,000
●
House -
Off Market
5145 Mitchell
Riverside, CA 92505
6 Beds
3 Baths
2,409 Ft²
$2,947
Est. Monthly
About This Property
Opportunity is knocking! Situated on approximately 1 acre, this
6-bedroom fixer is zoned Rural Residential, offering endless
potential for investors, flippers, contractors, or buyers ready to
create instant equity. Enjoy the freedom and flexibility of Rural
Residential living, with zoning that allows horses and chickens,
making this a rare opportunity to create the lifestyle you've been
dreaming of.
Bring your vision and unlock the value of this expansive property featuring two separate driveways, abundant parking, mature fruit trees, and plenty of room for RVs, work trucks, trailers, equipment, and more. Ideally located across from La Sierra Park with beautiful hillside views and convenient access to shopping, dining, schools, and major freeways.
Cash or hard money ONLY. Properties with this much land, Rural Residential zoning, and unlimited potential are few and far between don't miss this exceptional opportunity!
Bring your vision and unlock the value of this expansive property featuring two separate driveways, abundant parking, mature fruit trees, and plenty of room for RVs, work trucks, trailers, equipment, and more. Ideally located across from La Sierra Park with beautiful hillside views and convenient access to shopping, dining, schools, and major freeways.
Cash or hard money ONLY. Properties with this much land, Rural Residential zoning, and unlimited potential are few and far between don't miss this exceptional opportunity!
Unit Size
2,409 Ft²
Days on Market
68 days
Land Size
1.08 acres
Price per sqft
$249
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1946
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 months ago (CRMLS #CV26149049)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 14, 2026 | Sold | ||
| Sold | |||
| Aug 25, 2026 | In contract | - | |
| In contract | |||
| Aug 18, 2026 | Relisted | $599,999 | |
| Relisted | |||
| Jul 29, 2026 | In contract | - | |
| In contract | |||
| Jun 30, 2026 | Listed by PAK HOME REALTY | $599,999 | |
| Listed by PAK HOME REALTY | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
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HOA + Taxes
About La Sierra Acres
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Listed by: Marcela Herrera, PAK HOME REALTY
Last Updated: 2 months ago
Data Source: CRMLS, MLS# CV26149049
Last Updated: 2 months ago
Data Source: CRMLS, MLS# CV26149049
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