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Five Houses on 1.95 Acres
For Sale
$1,900,000

17305 Sage Ave, Riverside, CA 92504

Five houses in Riverside with income potential on 1.95 acres.

Property Size6,056 SF
Lot Size1.95 Acres
Price / SF$623.77
Days on Market163

Property Features for 17305 Sage Ave

General Information

Standard status Active
Size 6,056 SF
Lot size 1.95 Acres
Property subtype Investment

Building Details

Building Size 6,056 SF
Year Built 2007
Units 5
Listing Agency: Heritage Home Realty
Listed By: ALLISON GARCIA · License #01314942
Source: Elliman
Added: Mar 11 Changed: Aug 17 Last Checked: Aug 20 at 9:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Heritage Home Realty

Investment Insights

Based on property information with market context.

This investment opportunity features five houses in the Woodcrest area of Riverside. The properties offer income potential and are suited for investors and multi-family living. The main house, built in 2007, features 3,046 square feet, upgraded amenities including an extra-large game room, a covered patio, and high ceilings. The kitchen includes ample cabinet space, granite countertops, and tile flooring. It also has spacious bedrooms, a separate dining area, three full bathrooms, and a four-car garage. Each additional rental unit offers privacy with separate driveways and entrances. All are currently occupied except one, providing immediate rental income. There is unused space for additional units, horses, agriculture, parking rental, or other uses, along with several fruit trees such as orange, guava, bananas, and lemon. The location is convenient, close to schools and amenities. These five houses on a single lot present an investment opportunity with multiple income streams, offering flexibility and potential for growth.

Key Highlights

  • Five houses on a large 1.95‑acre lot offering multiple income streams.
  • Main house built in 2007 with 3,046 sq ft featuring a game room, covered patio, high ceilings, granite countertops, and a four‑car garage.
  • Immediate rental income potential from four currently occupied rental units with separate driveways and entrances.

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency Big Box & Wholesale Store Parking Lot & Garage Auto Parts Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

313
Businesses Nearby

Demographics for 92504, CA

54,642
Population
17,038
Households
3.2
Avg Household Size
36
Median Age
21%
College-Educated
82%
High-School Grad
22.7 sq mi
ZIP Area
2,407
Density / Sq Mi
$88,168
Median Household Income
$39,539
Median Earnings
$1,758
Median Rent
$501,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Five houses in Riverside with income potential on 1.95 acres.
Where is this multifamily property located?
The property is located at 17305 Sage Ave Riverside, CA.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Five houses on a large 1.95‑acre lot offering multiple income streams.; Main house built in 2007 with 3,046 sq ft featuring a game room, covered patio, high ceilings, granite countertops, and a four‑car garage.; Immediate rental income potential from four currently occupied rental units with separate driveways and entrances.
More about this property
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