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5844 Montgomery Street, Riverside, CA 92503

$579K2bd · 1ba · 830 sqft
Lot 9,583 sqft•Single Family Residence•
Active
•78d on market•MLS# TR-26161044

Property Description

Welcome to this beautifully remodeled home offering incredible versatility and endless potential. The main residence features 3 bedrooms, 2 bathrooms, and 1,250 square feet of pristine living space. the garage has been thoughtfully converted into a private 1-bedroom, 1-bathroom unit, providing an excellent opportunity for rental income or extended members. With two separate driveways and two private entrances, this property is perfectly set up for multigenerational living or maximizing investment returns. Attached covered patio includes two bonus rooms that offer abundant storage or flexible utility space. Situated on a flat lot, this property provides an outstanding opportunity to build an additional ADU 2 bed 2 bath further maximizing its value and versatility. The expansive driveways and side yards offer multiple parking for cars ,boats, or RVs. Nestled in an established neighborhood, this home is conveniently located within short distance of Walmart, shopping, restaurants, and everyday amenities, with easy access to the 91, 15, and 60 freeways. This turnkey home has been extensively upgraded with a new roof, new kitchen cabinets, quartz countertops, new stainless steel appliances, luxury vinyl flooring, new doors, new windows, and fresh interior and exterior paint. With no HOA, low property taxes, and exceptional income and expansion potential, this is a rare opportunity you won't want to miss!

Features & Amenities

FeeBuilt 1954

Property Details

Land Type
Fee
Year Built
1954
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
1
Garage Spaces
1
Heating
Central
Cooling
Central Air, Electric
View
None
Flooring
Vinyl
Roof
Shingle
City
Riverside
Zip Code
92503
County
Riverside
Listed byHomecoin.com, Jonathan Minerick

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,927.74
Principal & Interest
Loan Amount
$463,200
Total Interest
$590,786
Total Payment Over 30 Years
$1,053,986
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

5844 Montgomery Street, Riverside, CA 92503

Riverside · Single Family Residence

$579K
Affordable Tier
Beds
2
Baths
1
Sqft
830
Lot
9,583 sqft
Year
1954
$/Sqft
$698
Pool: No✓
View: None✓
Garage: 1-car✓

Listed 16.5% above the median closed sale of $497,000. Price per sqft ($698) is a 28% premium to closed comps ($545). Closed comps sold at 102% of list — strong seller's market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $579K· $698/sqft
Total list price
Closed comps
vs closed median $497K
+$82K (+16.5%)
Active comps
vs active median $517K
+$62K (+12.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $627
+$71 (+11.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
7353 PontoosucRiverside1957218686,970$596$517,000396
9748 BelmontRiverside1952217578,712$687$520,0006795
3620 NelsonRiverside1951218246,970$666$549,000995
4570 JurupaRiverside1950218715,227$574$500,000994
3328 ComerRiverside1929218407,841$613$515,000489
Total: 5 · Average2.01.08327,144$627.2$520,20018.4
Median840$517,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
743 Arliss StreetRiverside195609/11/2026219928,276$450,000$465,000$4691.033791
3773 Taft StreetRiverside192008/28/20262178011,326$495,000$495,000$6351.004985
4944 Wilton PlaceRiverside195210/09/2026319886,098$519,000$540,000$5471.045584
4220 DouglassRiverside195109/08/2026311,0088,276$489,900$497,000$4931.013884
19482 Ray AveRiverside194509/21/20262197022,651$559,000$564,000$5811.013782
Total: 5 · Average2.41.0947.611,325.4$512,200$512,200$545—43.2
Median988$497,000$497,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.