$390,000
●
House -
Off Market
6770 Palm Avenue
Riverside, CA 92506
4 Beds
1 Bath,
1
Half Bath
2,810 Ft²
$692,657
RealtyHop Estimate
57.78%
Since Feb 1, 2018
National-US
Primary Model
About This Property
FANTASTIC WOOD STREET SPECIAL THIS HOME IS 102 YEARS OLD AND MADE
OUT OF ADOBE BLOCK WITH 2810 SQ. FT. ON A DOUBLE LOT OF ALMOST
15000 SQ. FT. AND FENCED IT HAS THE OLD WORLD CHARM WITH
LARGE WOODEN BEAMS BUILT IN HUTCHES ORIGINAL HARDWOOD FLOORS HIGH
CEILINGS POCKET DOORS WALK IN CLOSETS AND CEILING FANS IN EACH OF
THE FOUR BEDROOMS IT HAS A DEN OR FIFTH BEDROOM LARGE KITCHEN WITH
A WALK IN PANTRY 3-5 CAR GARAGE (814 SQ. FT) FINISHED BASEMENT AND
LAUNDRY HOOK UPS AND SO MUCH MORE
Unit Size
2,810 Ft²
Days on Market
212 days
Land Size
0.34 acres
Price per sqft
$156
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1915
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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: 4 months ago (CRMLS #IV17143037)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 20, 2025 | Listed | $730,000 | |
| Listed | |||
| | |||
|
Beautiful Historic Home in Riverside! Move-In Ready!
Welcome to this charming and beautifully maintained historic home in the heart of Riverside. This move-in-ready residence offers 4 bedrooms, including a convenient main-level bedroom, a dedicated downstairs office, and 2 bathrooms. Several bedrooms feature fresh interior paint, new ceiling fans, spacious walk-in closets, and a combination of wood flooring and carpet. The bathroom Upstairs includes easy-to-maintain tile flooring.
The spacious kitchen is perfect for cooking and entertaining, complete with granite countertops, ample cabinetry, and a large walk-in pantry. The interior has been freshly painted, and the home includes new recessed lighting for a warm, modern touch. Additional upgrades include a new ceiling/roof on the back porch, updated electrical, exterior repairs and new stucco, and new window bars with fire-exit releases to meet safety standards.
A unique bonus to this home is its basement, where the washer and dryer are conveniently located, offering extra storage space and added functionality.
Sitting on a huge lot, the property provides endless possibilities, ideal for entertaining, family gatherings, or future expansion. The home also includes a spacious 2-car garage with plenty of additional parking.
Please note: Seller will not include the 4 iron doors.
This is a wonderful opportunity to own a well-cared for historic home with modern improvements, generous space, and incredible potential. Don’t miss it!
| |||
| Feb 24, 2019 | No longer available | - | |
| No longer available | |||
| Feb 7, 2019 | Price Decreased |
$479,900
↓ $19K
(3.8%) | |
| Price Decreased | |||
| Nov 30, 2018 | Listed | $499,000 | |
| Listed | |||
| | |||
|
WELCOME TO THIS BEAUTIFUL, HISTORIC RIVERSIDE HOME! MOVE IN READY! HOUSE FEATURES 4 BEDROOMS WITH 1 BEDROOM DOWNSTAIRS AND 2 BATHS, NEW WOOD FLOORING AND CARPET THROUGHOUT, NEW TILE FLOORING IN BATHROOMS, NEW CELIING FANS IN BEDROOMS WITH SPACIOUS WALK-IN CLOSETS, NEWLY REMODLED KITCHEN WITH BEAUTIFUL GRANITE COUNTER TOPS AND NEW CABINETS, HAS A WALK-IN PANTRY, FRESHLY PAINTED INTERIOR AND MUCH MORE. HOME SITS ON A HUGE LOT, PERFECT FOR ENTERTAINMENT OR FAMILY GATHERINGS. ENJOY THE NEWLY BUILT 2 CAR GARAGE, WITH LOTS OF PARKING SPACE! MAKE YOUR APPOINTMENTS TODAY! The manager has listed the unit size as 2810 square feet.
| |||
| Jan 20, 2018 | Sold | ||
| Sold | |||
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Property Highlights
Fireplace
Parking Available
Garage
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
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Magnolia Center
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Listed by: KEMPER KELLEY, COLDWELL BANKER RES. BROKERAGE
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV17143037
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV17143037
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