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    4603 Jurupa Ave Riverside, CA 92506

    For Sale
    $905,000

    Three bungalow-style apartment homes on an oversized lot in Riverside.

    Lot size:
    0.38 Acres

    Property Features for 4603 Jurupa Ave

    General Information

    Lot size
    0.38 Acres

    Building Details

    Year built
    1955

    Source: Expert Real Estate & Investment Agent Aurora Gim

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Riverside Bungalow Apartments For Sale

    Located in the Historic Wood's Street suburb of Riverside, CA, this property features three bungalow-style apartment homes situated on an oversized lot. The exterior has been recently modernized with a new automated garage door and newer dual-paned windows. Interior upgrades include new floors, appliances, and bathroom vanities. There is potential for additional income by converting the three existing garages into Accessory Dwelling Units; however, buyers should verify this possibility.
    Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Riverside
    County
    Riverside
    State
    California
    Longitude
    -117.4034069
    Latitude
    33.9613857

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    FAQs

    What type of property is this?
    Apartment building - Three bungalow-style apartment homes on an oversized lot in Riverside.
    Where is this apartment building located?
    The property is located at 4603 Jurupa Ave Riverside, CA.
    What is the asking price?
    The asking price for this property is $905,000.
    What are key features of this property?
    This property features: - Three bungalow-style apartment homes on an oversized lot.; - Located in the Historic Wood's Street suburb of Riverside, CA.; - Recently modernized exterior with new automated garage door and dual-paned windows.
    (800) 424-9622
    Request Owner's contact information
    4603 Jurupa Ave Riverside, CA 92506
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4603 Jurupa Ave Riverside, CA 92506
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