4832 Mitchell Avenue, Riverside, CA 92505
4832 Mitchell Avenue, Riverside, CA 92505
Property Description
Rare opportunity to own a property on a 7,841 sq. ft. lot zoned R-3-1500 in Riverside! The R-3-1500 zoning allows for a minimum lot size of 1,500 sq. ft., offering excellent development potential. Up to three units with separate addresses may be possible, providing a great opportunity for investors or buyers looking to maximize the property’s potential. Buyer to verify zoning, development potential, and requirements with the City of Riverside. The location is incredibly convenient, with easy access to major freeways, shopping centers, and just a short drive from Orange County. The home was upgraded approximately one year ago, featuring brand-new kitchen cabinets and quartz countertops, new kitchen appliances, new split-system AC units, new vinyl flooring, new doors, new dual-pane windows, and new remote-controlled gates. The spacious side yard provides enough room to park an RV, regular vehicles, or pickup trucks, there’re no homes directly across the street, the property offers plenty of convenient street parking. No HOA, Low property tax rate.
Features & Amenities
Property Details
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Current Rates
Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Riverside · Single Family Residence
Listed 5.3% above the median closed sale of $570,000. Closed comps sold at 105% of list — strong seller's market.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 3496 Crowell | Riverside | 1954 | 3 | 2 | 1,038 | 9,583 | $530 | $550,000 | 3 | 85 |
| 4060 Harrison | Riverside | 1959 | 3 | 2 | 1,058 | 7,841 | $548 | $579,777 | 121 | 84 |
| 8005 Garfield Street | Riverside | 1954 | 2 | 2 | 1,081 | 7,405 | $468 | $505,900 | 23 | 83 |
| 706 Kemp | Riverside | 1959 | 3 | 2 | 1,076 | 8,712 | $547 | $589,000 | 48 | 83 |
| 3411 Elmwood Court | Riverside | 1939 | 2 | 1 | 1,040 | 6,534 | $529 | $549,900 | 61 | 82 |
| Total: 5 · Average | 2.6 | 1.8 | 1,058.6 | 8,015 | $524.4 | $554,915.4 | 51.2 | |||
| Median | 1,058 | $550,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3405 Strong | Riverside | 1927 | 09/22/2026 | 3 | 1 | 1,277 | 10,454 | $479,800 | $486,000 | $381 | 1.01 | 39 | 90 |
| 4744 Cover | Riverside | 1950 | 10/02/2026 | 3 | 2 | 1,067 | 7,841 | $650,000 | $650,000 | $609 | 1.00 | 58 | 88 |
| 3046 Maude | Riverside | 1954 | 10/08/2026 | 3 | 2 | 1,141 | 6,534 | $558,500 | $570,000 | $500 | 1.02 | 51 | 88 |
| 2022 Blenheim | Riverside | 1926 | 10/09/2026 | 2 | 1 | 1,128 | 6,970 | $399,999 | $468,000 | $415 | 1.17 | 20 | 88 |
| 10372 Adriana Avenue | Riverside | 1978 | 10/08/2026 | 3 | 2 | 1,100 | 7,841 | $575,000 | $600,000 | $545 | 1.04 | 62 | 87 |
| Total: 5 · Average | 2.8 | 1.6 | 1,142.6 | 7,928 | $554,800 | $554,800 | $490 | — | 46 | ||||
| Median | 1,128 | $570,000 | $570,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.