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5841 Palm Avenue, Riverside, CA 92506

Riverside
Local realty services provided by:CENTURY 21 Adams & Barnes
5841 Palm Avenue,Riverside, CA 92506
$574,900
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  • 3 Beds
  • 1 Baths
  • - sq. ft.
  • Single family
  • Coming Soon
Listed by: laura mckinney
Office: keller williams riverside cent951-776-5700
MLS#:IV26164438
Source:CRMLS

Price summary

  • Price:$574,900

About this home

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...

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Home facts

  • Year built:1950
  • Listing ID #:IV26164438
  • Updated:August 04, 2026 at 02:28 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Flooring:Carpet
  • Kitchen Description:Barbecue, Gas Range, Microwave

Heating and cooling

  • Cooling:Central Air, Dual
  • Heating:Central, Fireplaces
  • Central air:Yes

Structure and exterior

  • Roof:Shake, Shingle, Wood
  • Year built:1950
  • Lot Features:Back Yard, Front Yard, Near Public Transit, Rectangular Lot, Value In Land, Yard
  • Architectural Style:Traditional
  • Construction Materials:Stucco, Wood Siding
  • Exterior Features:Barbecue, RearPorch
  • Levels:1 Story

Schools

  • High school:Polytechnic
  • Middle school:Central
  • Elementary school:Magnolia

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$574,900

Features and amenities

  • Appliances:Barbecue
  • Amenities:All Bedrooms Down, Workshop

Parking

  • Total parking spaces:8
  • Parking description:Circular Driveway, Driveway, Garage, Garage Faces Front
  • Garage:Yes
  • Garage spaces:2
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Adams & Barnes is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Adams & Barnes, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Thomas Adams

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