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5835 Tower Road, Riverside, CA 92506

$600K3bd · 1ba · 1,120 sqft
Lot 7,405 sqft•Single Family Residence•
Active
•13d on market•MLS# IV-26223891

Property Description

WOOD STREETS / GRAND NEIGHBORHOOD- Nestled back from the street in the highly sought-after Wood Streets/Grand neighborhood, this mid-century ranch offers a perfect blend of vintage charm and modern updates. The home immediately impresses with its original hardwood floors and genuine plaster walls, exuding a level of craftsmanship and character that is hard to find. At the heart of the home, a completely remodeled kitchen serves as a stylish and functional centerpiece. The unique floor plan provides a thoughtful layout, offering privacy by setting the primary bedroom apart from the additional living spaces. Practical upgrades abound, including dual-paned windows, a new covered patio, and fresh window awnings that enhance the home's curb appeal. An attached, oversized two-car garage with a dedicated laundry area adds to the convenience of the property. While this residence is move-in ready and meticulously maintained by long-time owners, it also presents a canvas for your imagination. The expansive lot offers limitless opportunities—consider creating a private, enclosed front courtyard or exploring the potential for a detached ADU. The location is truly unbeatable, situated near the vibrant Magnolia Center and the historic Downtown District. With easy access to major transportation for commuting and close proximity to Riverside City College and UC Riverside, this home places you at the center of it all. This is a rare opportunity to own a turn-key property with significant upside in one of Riverside’s most cherished areas.

Features & Amenities

FeeBuilt 1953

Property Details

Land Type
Fee
Year Built
1953
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central, Forced Air
Cooling
Central Air, Electric
View
None
Flooring
Wood
Roof
Shingle, Composition
City
Riverside
Zip Code
92506
County
Riverside
Listed byCOMPASS, BRAD ALEWINE

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,033.42
Principal & Interest
Loan Amount
$479,920
Total Interest
$612,112
Total Payment Over 30 Years
$1,092,032
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

5835 Tower Road, Riverside, CA 92506

Riverside · Single Family Residence

$600K
Affordable Tier
Beds
3
Baths
1
Sqft
1,120
Lot
7,405 sqft
Year
1953
$/Sqft
$536
Pool: No✓
Spa: No✓
View: None✓
Garage: 2-car✓

Listed in line with the median closed sale of $605,000. Closed comps sold at 101% of list — strong seller's market.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $600K· $536/sqft
Total list price
Closed comps
vs closed median $605K
−$5K (−0.8%)
Active comps
vs active median $600K
−$100 (−0.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $516
+$20 (+3.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
5806 Brockton AvenueRiverside1959321,1316,970$553$624,9502789
4330 Oakwood PlaceRiverside1939211,0036,098$567$569,0004485
4426 Rosewood PlaceRiverside1927321,1656,970$515$600,000684
4644 MarmianRiverside1947219286,970$560$519,900681
4926 Wilton Pl.Riverside1952321,7517,405$385$674,9992081
Total: 5 · Average2.61.61,195.66,882.6$516$597,769.820.6
Median1,131$600,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
4944 Wilton PlaceRiverside195210/09/2026319886,098$519,000$540,000$5471.045693
4686 McfarlandRiverside195408/26/2026321,1949,148$605,000$605,000$5071.004691
4744 CoverRiverside195010/02/2026321,0677,841$650,000$650,000$6091.005991
4869 Serrano PlaceRiverside195206/24/2026321,0086,098$575,000$555,000$5510.962990
4621 Beverly CourtRiverside195407/08/2026321,3066,970$615,000$640,000$4901.045290
Total: 5 · Average3.01.81,112.67,231$598,000$598,000$540.8—48.4
Median1,067$605,000$605,000

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.