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126 Michigan Ave, Riverside, CA 92507

Sale Price: $550,000
Jul 18, 20241,259 sqft3 beds2 baths
Listed by: DANNY DELGADO
License #: 01787841
Phone #: 951-784-2500
WESTCOE REALTORS INC
Source:
CRMLS Logo
MLS #: IV24147273

Property Description

2 homes on 1 lot! This is a unique opportunity to own two homes on one spacious lot, each with its own separate utilities, offering versatility and potential for additional income. Front Unit: Size: 1,105 sq ft, Bedrooms: 3, Bathrooms: 1.5, Features: Enjoy the comfort of your own private backyard in the first unit. * 2nd Unit /Back Unit: Size: 1,161 sq ft, Bedrooms: 2, Bathrooms: 1, Features: Includes an indoor laundry room, a garage, and a private backyard for added convenience and privacy. Lot Size: The property sits on an expansive 21,344 sq ft lot, providing ample space and possibilities for future development or outdoor activities. This property is perfect for multi-generational living, Investment income, or simply enjoying the space and privacy of having two homes on a large lot. Don’t miss out on this rare find!
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

$6,453

TurboHome Estimated Value

$530,100

$421 sqft

High Valuation
$556,605
$442/sqft
Normal Valuation
$530,100
$421/sqft
Low Valuation
$503,595
$400/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$421/sqft$530,100

Neighborhood

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Comparative Value

$480K

$550K

$570K

$600K

$630K

$645K

194 Harvey Ave, Riverside, CA 92507

Sale Price: $480,000

Selected Comparable

126 Michigan Ave, Riverside, CA 92507

Sale Price: $550,000

Selected Comparable

12794 Reed Ave, Grand Terrace, CA 92313

Sale Price: $570,000

Selected Comparable

7697 Citrusmoon Ct, Riverside, CA 92507

Sale Price: $599,990

Selected Comparable

126 Michigan Ave, Riverside, CA 92507

List Price: $630,000

Subject Property

12670 Sandburg Way, Grand Terrace, CA 92313

Sale Price: $645,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
126 Michigan Ave, Riverside, CA 92507

126 Michigan Ave, Riverside, CA 92507

List: $630,000

Listed: 7/18/2024

Area:1,259 sqft
Price/sqft:$500
Beds:3
Baths:2
Year Built:
Lot Size:20,473

Comparable Properties

COMPARABLE
Choose comps
126 Michigan Ave, Riverside, CA 92507

126 Michigan Ave, Riverside, CA 92507

Sale: $550,000

9/6/20240.00 mi

Area:1,259 sqft
Price/sqft:$437
Beds:3
Baths:2
Year Built:
Weight:23.2%
194 Harvey Ave, Riverside, CA 92507

194 Harvey Ave, Riverside, CA 92507

Sale: $480,000

12/4/20240.28 mi

Area:1,425 sqft
Price/sqft:$337
Beds:3
Baths:2
Year Built:
Weight:20.8%
7697 Citrusmoon Ct, Riverside, CA 92507

7697 Citrusmoon Ct, Riverside, CA 92507

Sale: $599,990

2/28/20250.44 mi

Area:1,470 sqft
Price/sqft:$408
Beds:3
Baths:2
Year Built:
Weight:20.3%
12794 Reed Ave, Grand Terrace, CA 92313

12794 Reed Ave, Grand Terrace, CA 92313

Sale: $570,000

4/25/20250.32 mi

Area:1,378 sqft
Price/sqft:$414
Beds:4
Baths:2
Year Built:
Weight:18.5%
12670 Sandburg Way, Grand Terrace, CA 92313

12670 Sandburg Way, Grand Terrace, CA 92313

Sale: $645,000

11/18/20240.42 mi

Area:1,698 sqft
Price/sqft:$380
Beds:3
Baths:2
Year Built:
Weight:17.1%

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