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4056 Ramona Dr, Riverside, CA 92506

List Price: $585,000On Market FlagOn market
Aug 11, 2025960 sqft2 beds1 baths
Listed by: ALEX ORTIZ
License #: 01413027
Phone #: 909-373-0880
RE/MAX TIME REALTY
Source:
CRMLS Logo
MLS #: IV25169294

Property Description

2 UNITS!!! Charming & Versatile in the Historic “Wood Streets”! This beautifully updated 2-bedroom, 2-bath home offers flexibility and income potential with two separate living areas—upstairs and downstairs—each with its own entrance. The lower level is perfect as a granny flat, student rental, or guest suite, while you enjoy the upstairs space, or easily combine into one home. The home’s measured square footage exceeds tax records (buyer to verify) and features fresh interior and exterior paint and updated plumbing. Relax on the inviting front porch or upstairs balcony, and enjoy the peaceful private garden area. Ideally located just down the street from Riverside City College, and close to Polytechnic High, Central Middle School, shopping centers, restaurants, Mount Rubidoux, and entertainment. Quick freeway access makes commuting a breeze. Sitting off the alley for extra privacy, this property blends historic charm with modern updates—making it a perfect starter home, investment property, or multi-generational living solution. Hurry—this one will sell fast!
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$6,756

TurboHome Estimated Value

$517,700

$539 sqft

High Valuation
$543,585
$566/sqft
Normal Valuation
$517,700
$539/sqft
Low Valuation
$491,815
$512/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$539/sqft$517,700

Neighborhood: Wood Streets

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Comparative Value

$550K

$585K

$600K

$605K

$630K

4033 Linwood Pl, Riverside, CA 92506

Sale Price: $550,000

Selected Comparable

4056 Ramona Dr, Riverside, CA 92506

List Price: $585,000

Subject Property

3957 Rosewood Pl, Riverside, CA 92506

Sale Price: $585,000

Selected Comparable

3869 Bandini Ave, Riverside, CA 92506

Sale Price: $600,000

Selected Comparable

3521 Elmwood Ct, Riverside, CA 92506

Sale Price: $605,000

Selected Comparable

5229 Magnolia Ave, Riverside, CA 92506

Sale Price: $630,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
4056 Ramona Dr, Riverside, CA 92506

4056 Ramona Dr, Riverside, CA 92506

List: $585,000

Listed: 8/11/2025

Area:960 sqft
Price/sqft:$609
Beds:2
Baths:1
Year Built:
Lot Size:2,178

Comparable Properties

COMPARABLE
Choose comps
3957 Rosewood Pl, Riverside, CA 92506

3957 Rosewood Pl, Riverside, CA 92506

Sale: $585,000

6/20/20250.53 mi

Area:756 sqft
Price/sqft:$774
Beds:2
Baths:1
Year Built:
Weight:21.8%
3869 Bandini Ave, Riverside, CA 92506

3869 Bandini Ave, Riverside, CA 92506

Sale: $600,000

10/11/20240.34 mi

Area:1,092 sqft
Price/sqft:$549
Beds:2
Baths:1
Year Built:
Weight:21.1%
5229 Magnolia Ave, Riverside, CA 92506

5229 Magnolia Ave, Riverside, CA 92506

Sale: $630,000

11/5/20240.28 mi

Area:1,160 sqft
Price/sqft:$543
Beds:2
Baths:1
Year Built:
Weight:20.2%
4033 Linwood Pl, Riverside, CA 92506

4033 Linwood Pl, Riverside, CA 92506

Sale: $550,000

9/23/20240.38 mi

Area:896 sqft
Price/sqft:$614
Beds:2
Baths:2
Year Built:
Weight:19.2%
3521 Elmwood Ct, Riverside, CA 92506

3521 Elmwood Ct, Riverside, CA 92506

Sale: $605,000

9/9/20240.53 mi

Area:1,260 sqft
Price/sqft:$480
Beds:2
Baths:1
Year Built:
Weight:17.7%

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