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$799,999
↓ $30K (3.6%)
● House - For Sale

5740 Via Cervantes

Riverside, CA 92506
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,552 Ft²
$3,929
Est. Monthly

About This Property

Rare 0.68-acre lot in Canyon Crest, no HOA, with new flooring and fresh paint already done. This 4-bedroom, 2.5-bath home offers 2,552 sq ft of living space on land that is hard to find in Riverside at this price. Space, location, and upside are all here. The only thing missing is your vision.

The seller has already installed new flooring and fresh paint, so the heavy lifting is done. What remains is cosmetic: the ceilings and the finishing touches. That means you choose the final style, you control the budget, and you capture the equity you create. Renovated homes nearby are priced well above this one, which leaves real margin for a buyer who adds value. An appraisal is available, so the numbers are not guesswork.

The oversized lot is the real opportunity. Picture a pool, outdoor entertaining space, RV or toy storage, a workshop, or a possible ADU for added income or extended-stay guests (buyer to verify feasibility and permits with the City of Riverside). Lots like this rarely come with a home this size, and almost never without an HOA.  With four bedrooms and 2,552 sq ft, the floorplan gives you room to spread out, work from home, or reconfigure the layout to fit your needs. Start with solid square footage and shape it into exactly what you want. The structure, layout, and lot are the hard parts to find, and they are already here.  Financing options exist for buyers who want to roll the updates into one loan. Renovation programs such as FHA 203(k) and Fannie Mae HomeStyle may apply, and cash buyers can move quickly. Ask your lender how a renovation loan could fit this purchase.

The location puts you near UC Riverside, Canyon Crest shopping and dining, and convenient freeway access for commuting around the Inland Empire.

Ideal for a hands-on owner who wants to build sweat equity, or an investor looking for a clear path to margin on a larger lot. Do the math, tour the property, and picture the finished result.  Agents, bring your investor and renovation-loan clients. A contractor scope of the remaining cosmetic work and renovated comps are available on request, so your buyer can run the numbers before they walk in.  Call today to schedule your private showing. Now Listed below Appraised Value so you are walking into equity! Seller is open to help with buydowns, ask us how!
Unit Size
2,552 Ft²
Days on Market
103 days
Land Size
0.68 acres
Price per sqft
$313
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1974

Listed By

Tiffany Williams
Williams Realty Group, Inc.

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Last updated: 6 days ago (CRMLS #SW26133952)

Price History

Date / Event Date Event Price
Oct 16, 2026 Price Decreased $799,999
↓ $30K (3.6%)
Price Decreased
Oct 9, 2026 Price Decreased $829,999
↓ $10K (1.2%)
Price Decreased
Sep 18, 2026 Price Decreased $839,999
↓ $10K (1.2%)
Price Decreased
Aug 22, 2026 Price Increased $850,000
↑ $11K (1.3%)
Price Increased
Jun 18, 2026 Listed by Williams Realty Group, Inc. $839,000
Listed by Williams Realty Group, Inc.

Property Highlights

Garage
Air Conditioning
Fireplace
With View
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Driveway, Garage Faces Front, Garage, Paved
Garage Spaces: 2
Open Parking Spaces: 4
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Eat-in Kitchen, Open Floorplan, Tile Counters, AllBedroomsUp, PrimarySuite
Appliances: Electric Range, Microwave, Water Heater
Flooring Type: Carpet, Tile
Laundry Features: Washer Hookup, Electric Dryer Hookup, In Garage
Has Fireplace
Fireplace Features: Family Room
Exterior Details
Square Footage: 2552
Square Footage Source: $0
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Property Condition: Turnkey
Architectural Style: Mediterranean
Year Built Source: Estimated
Year Built: 1974
Levels: Two
Window Features: Shutters
Construction Materials: Stucco
Patio and Porch Features: Rear Porch, Front Porch, Patio, Open
Pool Features: None
Lot Size Area: 29621
Lot Size Units: Square Feet
Lot Size Acres: 0.68
Lot Size Square Feet: 29621
Tax Lot: 24
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Bedroom Count: 4
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,621
  • Total Building Area: 3,244
  • Gross Building Area: 3,244
  • Building Area: 2,552
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,552
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000680
  • Standard Land Use Code: 1001
  • County Land Use Code: 20
  • State Land Use Code: R01
  • Legal Description 1: LOT 24 MB 063/036 TR 3820

Neighborhood

  • School District Name: Riverside Unified School District
  • Census Tract: 042217

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 3820
  • Parcel: 253-293-015
  • Lot: 24
  • Municipality: RIVERSIDE
  • Latitude: 33.9472
  • Longitude: -117.326

    Address

  • Full Address: 5740 Via Cervantes
  • Address - House Number: 5740
  • Address - Street Name: Via Cervantes
  • State: CA
  • City Name: Riverside
  • Carrier Code: C028
  • 4-Digit Zip Code: 3628
  • Zip Code: 92506

Valuation

    Tax

  • Total Area: 2,552
  • Tax Year: 2023
  • Tax Amount: $323,160
  • Tax Rate Code Area: 009-013

    Appraisal Valuation

  • Standard Deviation: 0.2002
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 73
  • Final Value: 772,536
  • High Value: 927,207
  • Low Value: 617,865

    Market Valuation

  • Market Total Value: $614,430

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $292,701
  • Assessed Land Value: $75,037
  • Assessed Improvements Value: $217,664

    Exemptions

  • Homeowner Exemption: Yes
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 Canyon Crest


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Frequently Asked Questions

When was property at 5740 Via Cervantes built and last sold?
The property at 5740 Via Cervantes was built in 1974 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5740 Via Cervantes is $810,173.
What are some comparable homes to 5740 Via Cervantes?
There are currently no comparable homes to 5740 Via Cervantes.