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4909 Luther Street, Riverside, CA 92504

$525K3bd · 2ba · 1,117 sqft
Lot 6,970 sqft•Single Family Residence•
Active
•13d on market•MLS# OC-26213527

Property Description

PRICED FOR IMMEDIATE SALE! Excellent opportunity to own a single-story home in an established Riverside neighborhood. Approximately 1,117 square feet on an approximately 6,970 square foot lot with three bedrooms, an attached two-car garage and a generous backyard. The open living, dining and kitchen layout provides an efficient and comfortable floor plan. Prior improvements include updated kitchen finishes, flooring, dual-pane windows and bathroom improvements. Convenient location near shopping, schools and the 91 Freeway. Offered by a Court-Appointed Partition Referee at an attractive price intended to generate immediate market interest. SHORT SALE — lender approval required. Sale also subject to any applicable court/referee requirements. Property to be sold in its present condition. Buyer to independently verify square footage, bedroom/bath count, permits, improvements and all other property information. Submit your strongest offer promptly.

Features & Amenities

FeeBuilt 1950

Property Details

Land Type
Fee
Year Built
1950
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
None
City
Riverside
Zip Code
92504
County
Riverside
Listed bySteven Selinsky, Broker, Steven Selinsky

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,654.69
Principal & Interest
Loan Amount
$420,000
Total Interest
$535,687
Total Payment Over 30 Years
$955,687
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

4909 Luther Street, Riverside, CA 92504

Riverside · Single Family Residence

$525K
Affordable Tier
Beds
3
Baths
2
Sqft
1,117
Lot
6,970 sqft
Year
1950
$/Sqft
$470
Pool: No✓
View: None✓
Garage: 2-car✓

Listed 14.6% below the median closed sale of $615,000. Price per sqft ($470) is a 15% discount to closed comps ($554). Closed comps sold at 101% of list — strong seller's market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $525K· $470/sqft
Total list price
Closed comps
vs closed median $615K
−$90K (−14.6%)
Active comps
vs active median $555K
−$30K (−5.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $557
−$87 (−15.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
3496 CrowellRiverside1954321,0389,583$530$550,000494
4060 HarrisonRiverside1959321,0587,841$548$579,77712292
5630 DeweyRiverside1953321,0386,970$535$555,00012690
8437 BruceRiverside1953319547,405$621$592,0004589
7940 Citadel CourtRiverside1971321,0003,920$549$549,000486
Total: 5 · Average3.01.81,017.67,143.8$556.6$565,155.460.2
Median1,038$555,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
4744 CoverRiverside195010/02/2026321,0677,841$650,000$650,000$6091.005898
3046 MaudeRiverside195410/08/2026321,1416,534$558,500$570,000$5001.025197
8774 Jo Jo WayRiverside195309/30/2026421,1236,098$630,000$630,000$5611.006394
4944 Wilton PlaceRiverside195210/09/2026319886,098$519,000$540,000$5471.045591
4263 BaggettRiverside197810/05/2026321,1106,534$615,000$615,000$5541.004189
Total: 5 · Average3.21.81,085.86,621$601,000$601,000$554.2—53.6
Median1,110$615,000$615,000

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.