2586 University Avenue, Riverside, CA 92507
2586 University Avenue, Riverside, CA 92507
Property Description
This 3,570 SF property features 7 bedrooms and 7 bathrooms (buyer to verify) on a 0.23-acre C3-zoned lot, permitting both residential and commercial use. The site includes two detached rear structures, one believed to be an ADU and the other a garage with potential ADU conversion, offering additional development upside (buyer to verify zoning and permitting). Ideally located near universities and key amenities, the property provides flexible use as a large residence, income-producing rental, or commercial opportunity. Note: The current owner has engaged an architect to explore potential development options with the City.
Features & Amenities
Property Details
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Current Rates
Comparative Market Analysis
Luxury Tier · 5 active · 5 closed
Riverside · Single Family Residence
Listed 16.3% below the median closed sale of $895,000. Price per sqft ($210) is a 17% discount to closed comps ($254). Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 7483 Sage Scrub | Riverside | 2021 | 7 | 5 | 3,127 | 10,559 | $336 | $1.05M | 38 | 84 |
| 13122 Capricornio | Riverside | 2016 | 7 | 5 | 4,125 | 9,148 | $327 | $1.35M | 94 | 81 |
| 11742 Connell | Riverside | 2018 | 6 | 4 | 3,272 | 11,326 | $290 | $950,000 | 20 | 78 |
| 18458 Hidden Ranch Road | Riverside | 2007 | 6 | 4 | 3,697 | 7,405 | $339 | $1.25M | 47 | 75 |
| 7635 Sweet Ranch Circle | Riverside | 2022 | 6 | 4 | 3,506 | 6,534 | $253 | $887,000 | 74 | 73 |
| Total: 5 · Average | 6.4 | 4.4 | 3,545.4 | 8,994.4 | $309 | $1.10M | 54.6 | |||
| Median | 3,506 | $1.05M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12564 Bougainvillea Way | Riverside | 2001 | 01/29/2026 | 6 | 4 | 3,464 | 10,019 | $880,000 | $875,000 | $253 | 0.99 | 27 | 81 |
| 13675 Old Mission Court | Riverside | 2018 | 10/15/2025 | 7 | 5 | 4,125 | 9,583 | $1.15M | $1.08M | $262 | 0.94 | 102 | 81 |
| 17974 Anderson Valley | Riverside | 2023 | 11/24/2025 | 7 | 5 | 3,699 | 6,405 | $1.14M | $1.10M | $297 | 0.96 | 82 | 76 |
| 18427 Blue Sky Street | Riverside | 2006 | 10/23/2025 | 6 | 3 | 3,186 | 11,326 | $765,000 | $760,000 | $239 | 0.99 | 82 | 75 |
| 18328 Hidden Ranch Road | Riverside | 2007 | 10/07/2025 | 6 | 5 | 4,109 | 7,841 | $899,000 | $895,000 | $218 | 1.00 | 45 | 74 |
| Total: 5 · Average | 6.4 | 4.4 | 3,716.6 | 9,034.8 | $941,800 | $941,800 | $253.8 | — | 67.6 | ||||
| Median | 3,699 | $895,000 | $895,000 | ||||||||||
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.