About This Home

This 2-bedroom, 1-bathroom single family at 5844 Montgomery Street in Riverside, CA is listed for $529,000 ($637 per sqft). Built in 1954, the home offers 830 sqft of living space on a 0.22 acres lot.

Key Features

  • Built in 1954
  • 0.22 acre lot
  • 1 parking spaces

Property Details

1 story
1 full
1 space
1954

Amenities

A/C
Listing Description

Welcome to this fully remodeled home with endless potential! This beautifully updated 3-bedroom, 2-bathroom home offers approximately 1,250 square feet of living space in the main residence. The attached garage has a pending permit for conversion into a 1-bedroom, 1-bathroom ADU, providing an excellent opportunity for extended members living or additional rental income.

The property features two separate driveways and two private entrances, making it ideal for multigenerational living or an income-producing investment. The covered patio also offers the potential, subject to permitting, to be converted into two additional bedrooms, creating a spacious 5-bedroom, 3-bathroom home.

Situated on a flat lot, this property provides an outstanding opportunity to build an additional ADU 2 bed 2 bath further maximizing its value and versatility. The expansive driveways and side yards offer multiple parking for cars ,boats, or RVs. Nestled in an established neighborhood, this home is conveniently located within close to Walmart, shopping, restaurants, and everyday amenities, with easy access to the 91, 15, and 60 freeways.

This turnkey home has been extensively upgraded with a new roof, new kitchen cabinets, quartz countertops, new stainless steel appliances, luxury vinyl flooring, new doors, new windows, and fresh interior and exterior paint. With no HOA, low property taxes, and exceptional income and expansion potential, this is a rare opportunity you won't want to miss!

Monthly Cost Estimate

$2,829/mo

20% down · 6.5% · 30 years

Principal$383
Interest$2,292
Insurance$154

Estimates only. Actual payments may vary.

Location

5844 Montgomery Street

Riverside, CA 92503

Features & Amenities

Interior Features

Crown MoldingCeiling Fan(s)In-Law FloorplanGranite Counters

Property Details

Flooring

Vinyl

Construction

Stucco

Parking

CarportDriveway

Heating

Central

Cooling

ElectricCentral Air

Appliances

DisposalGas Water HeaterGas RangeGas OvenDishwasher

Questions & Answers

This 2-bedroom, 1-bathroom single family at 5844 Montgomery Street is listed at $529,000 ($637/sqft). The estimated monthly payment is $2,829 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1954, 0.22 acre lot, 1 parking spaces. Interior Features: Crown Molding, Ceiling Fan(s), In-Law Floorplan.

This property is listed by Jonathan Minerick and can be reached at 8884002513.

JM

Jonathan Minerick

Agent at Homecoin.com

(888) 400-2513

Listed by Homecoin.com

MLS# TR26161044· Source: listhub· 6 days on market

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5844 Montgomery Street, Riverside, CA 92503

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