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1035 Altura Drive, Riverside, CA 92507

$560K3bd · 2ba · 1,040 sqft
Lot 6,970 sqft•Single Family Residence•
Active
•15d on market•MLS# IV-26215810

Property Description

Prime Location with Investment Potential Near UCR! Discover the possibilities with this 3-bedroom, 2-bathroom home in Riverside, ideally located just minutes from UCR. Whether you’re looking for a place to call home or an investment opportunity, this property offers a great combination of location, improvements, and future potential. The interior features fresh, neutral paint, new laminate flooring in the bedroom, new baseboards throughout, and new cordless faux wood blinds, creating a clean, inviting space ready for your personal touch. Additional upgrades include a newer stove and microwave, along with a newer furnace for year-round comfort. The generous lot offers RV parking and a spacious backyard with exciting possibilities, including the potential to add an ADU for additional living space or future rental income. Imagine creating your own outdoor retreat, expanding your investment portfolio, or maximizing the property’s potential over time. Conveniently located near shopping, parks, and schools, with easy access to the 60, 91, and 215 freeways, this property offers both everyday convenience and investment appeal. An exciting bonus is the nearby planned two-mile Gage Canal Trail, offering a future walking and biking route to Blaine Street near UCR, adding outdoor recreation and another convenient connection to the university area. With no HOA and low property taxes, this is an opportunity you won’t want to miss! Whether you’re a first-time buyer, looking for a home near UCR, or searching for your next investment property, come explore the possibilities this Riverside property has to offer!

Features & Amenities

FeeBuilt 1970

Property Details

Land Type
Fee
Year Built
1970
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
4
Garage Spaces
2
Heating
Central
Cooling
Central Air, Wall/Window Unit(s)
View
Hills
Flooring
Laminate
Roof
Shingle
City
Riverside
Zip Code
92507
County
Riverside
Listed byNEST REAL ESTATE, LIZZETTE VARGAS

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,831.66
Principal & Interest
Loan Amount
$448,000
Total Interest
$571,399
Total Payment Over 30 Years
$1,019,399
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

1035 Altura Drive, Riverside, CA 92507

Riverside · Single Family Residence

$560K
Affordable Tier
Beds
3
Baths
2
Sqft
1,040
Lot
6,970 sqft
Year
1970
$/Sqft
$538
Pool: No✓
Spa: No✓
View: Hills✓
Garage: 2-car✓

Listed in line with the median closed sale of $565,000. Price per sqft ($538) is a 11% premium to closed comps ($485). Closed comps sold at 100% of list — strong seller's market.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $560K· $538/sqft
Total list price
Closed comps
vs closed median $565K
−$5K (−0.9%)
Active comps
vs active median $580K
−$20K (−3.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $489
+$49 (+9.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
657 Glenhill DriveRiverside1959421,2048,276$482$579,90018382
706 KempRiverside1959321,0768,712$547$589,0006575
3432 RussellRiverside1946311,2406,534$484$599,90014170
414 IowaRiverside1948411,0486,534$510$535,0004369
3395 Franklin AvenueRiverside1903321,2975,663$424$550,0006768
Total: 5 · Average3.41.61,1737,143.8$489.4$570,76099.8
Median1,204$579,900

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1164 Massachusetts AvenueRiverside198309/04/2026229406,534$565,000$565,000$6011.009587
658 GlenhillRiverside195904/06/2026321,2118,712$525,000$512,000$4230.976185
461 BlaineRiverside195904/15/2026321,0637,841$569,000$575,000$5411.016983
1065 BascombRiverside197006/15/2026521,4506,970$635,000$635,000$4381.007482
2993 Lecil StreetRiverside195207/02/2026311,3157,405$539,000$555,000$4221.035076
Total: 5 · Average3.21.81,195.87,492.4$568,400$568,400$485—69.8
Median1,211$565,000$565,000

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.