USACARiverside5841 Palm Avenue
5841 Palm Avenue | Image 1
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$574,900

Coming Soon

A day ago

5841 Palm Avenue, Riverside, CA

House

MLS® IV26164438

3 Bed

1 Bath

1788 sqft

8 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1788 sqft
Garage Yes
Taxes 
Lot Size 0.43 Acres
Approx. Age 1950
Avg. Price Per Sqft $321
MLS® Number IV26164438

Property Address: 5841 Palm Avenue, Riverside, CA, 92506

Average square foot calculated using Size range provided by listing agent.

Description

Rare Wood Streets Investment Opportunity! Attention investors, contractors, and developers—this is the value-add project you’ve been waiting for. Situated on a flat, usable lot of nearly one-half acre, this single-story home offers approximately 1, 788 square feet with 3 bedrooms, 1 bathroom, plus a spacious bonus room with closet that could serve as an office, den, or potential 4th bedroom (buyer to verify). The detached workshop is a standout feature, complete with its own HVAC system, electrical, dedicated sub-panel, and built-in air compressor lines, creating endless possibilities for a workshop, hobby space, or future ADU conversion (buyer to verify). The expansive lot offers additional potential for expansion or ADU opportunities, subject to City approval. Major components including the HVAC system, electrical panel, and water heater have already been updated, allowing investors to focus on maximizing the property’s upside. Located in Riverside’s highly desirable Wood Streets neighborhood, opportunities like this are becoming increasingly difficult to find. Property is being sold strictly AS-IS. Seller will make no repairs, provide no credits, and will not renegotiate based on inspections or property condition. Cash and hard money financing are strongly preferred. Schedule a showing before it's too late!
MLS® NumberIV26164438
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
GarageYes
Approx. Age1950
Basement
DrivewayCircular Driveway, Driveway, Garage Faces Front, Garage, Rv Potential
Garage Spaces
HeatCentral, Fireplaces
A/CCentral Air, Dual

Extras

Price History

Sep 2, 2026End Date
-Sold Price

Coming Soon

Aug 3, 2026List Date
$574,900List Price
  • Commute

Commute

Starting Address
Destination Address
5841 Palm Avenue, Riverside, CA

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