0.jpg
1 / 9

2868 Locust, Riverside, CA 92501

$585K3bd · 1ba · 1,040 sqft
Lot 7,405 sqft•Single Family Residence•
Active
•3d on market•MLS# SW-26225959

Property Description

This well-maintained, classic, inviting, and stylish ranch-style home blends mid-century character with modern updates. It features a farmhouse-inspired, expansive covered patio with a pizza oven, mature, lush gardens, and numerous fruit trees- the ideal starter home! This picturesque 3-bedroom home offers modern amenities, new solar panels, and an updated kitchen and bathroom. Moreover, the outdoor living space creates a welcoming retreat for family gatherings, relaxing, dining, and year-round entertaining, while offering a seamless connection between indoor and outdoor living. The home combines vintage charm with a contemporary style. It's conveniently located near upscale shopping and restaurants and within walking distance of the Famous Fairmont Park, with fishing, golf, and summer concerts, as well as a short drive to the sports facilities at Reid Park and the historic, beautiful Mission Inn Resort Hotel. Commuter-friendly, with easy access to the 60/91 freeways. (Photos have been slightly digitally enhanced to showcase the home's true appeal.)

Features & Amenities

FeeBuilt 1950

Property Details

Land Type
Fee
Year Built
1950
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
1
Garage Spaces
1
Heating
Central
Cooling
Central Air
View
None
City
Riverside
Zip Code
92501
County
Riverside
Listed byRealty Masters & Associates, I, Vanessa Browne

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,958.08
Principal & Interest
Loan Amount
$468,000
Total Interest
$596,908
Total Payment Over 30 Years
$1,064,908
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

2868 Locust, Riverside, CA 92501

Riverside · Single Family Residence

$585K
Affordable Tier
Beds
3
Baths
1
Sqft
1,040
Lot
7,405 sqft
Year
1950
$/Sqft
$562
Pool: No✓
View: None✓
Garage: 1-car✓

Listed 8.3% above the median closed sale of $540,000. Closed comps sold at 100% of list — strong seller's market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $585K· $562/sqft
Total list price
Closed comps
vs closed median $540K
+$45K (+8.3%)
Active comps
vs active median $600K
−$15K (−2.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $499
+$63 (+12.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
4351 HoughtonRiverside1952211,1207,841$549$615,0001692
3432 RussellRiverside1946311,2406,534$484$599,90014185
3821 Carthage StreetRiverside1956421,12510,019$533$599,900379
4048 9th StreetRiverside1911211,0103,049$530$535,0009177
3943 Ridge RoadRiverside1924321,4366,098$400$575,00041871
Total: 5 · Average2.81.41,186.26,708.2$499.2$584,960133.8
Median1,125$599,900

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
3818 Ogden WayRiverside195608/14/2026321,0757,841$508,500$515,000$4791.015289
3043 MarketRiverside192306/09/2026221,0754,792$499,000$500,000$4651.006080
2988 Brockton AvenueRiverside190507/20/2026321,3036,534$639,000$641,500$4921.003779
3842 Ridge RoadRiverside197702/06/2026321,0234,356$544,000$540,000$5280.996779
4237 4th StreetRiverside192212/05/2025218423,485$549,999$555,000$6591.0110475
Total: 5 · Average2.61.81,063.65,401.6$550,300$550,300$524.6—64
Median1,075$540,000$540,000

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.