2944 6th, Riverside, CA 92507
2944 6th, Riverside, CA 92507
Property Description
This 3 unit property features a 3 bed 2 bath home, and two remodeled units 1 bed 1 bath ADU Rear Unit and a 5 bed 1 bath guest House. Opportunity knocks in the heart of Downtown Riverside. These centrally located units offer investors a chance to own in an area experiencing continued growth and revitalization. Positioned near notable developments such as the highly regarded Mission Lofts and just a short distance from the recently approved 8-story hotel project, this property is surrounded by clear signs of upward momentum and long-term potential. The location provides immediate access to the best of Downtown Riverside, including acclaimed dining, entertainment, arts, and cultural destinations. Residents can enjoy the historic Mission Inn, Riverside Art Museum, Fox Performing Arts Center, Riverside Philharmonic, Mt. Rubidoux hiking trails, and the Downtown Riverside Farmers Market. The property is also conveniently located near UC Riverside, adding to its appeal and rental demand. With its prime location and proximity to major downtown attractions and new development, this property presents a strong value-add opportunity in one of Riverside’s most dynamic neighborhoods.
Features & Amenities
Property Details
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Comparative Market Analysis
Residential Tier · 5 active · 5 closed
Riverside · Single Family Residence
Listed 4.6% above the median closed sale of $850,000. Price per sqft ($310) is a 14% discount to closed comps ($361).
Price Position
Aligned with the market — fair pricing for the comps.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 3354 Orange Street | Riverside | 1918 | 4 | 3 | 2,392 | 13,068 | $355 | $849,900 | 75 | 79 |
| 3974 5th Street | Riverside | 1922 | 6 | 4 | 3,473 | 8,712 | $230 | $799,000 | 2 | 78 |
| 3390 Orange | Riverside | 1910 | 5 | 2 | 2,445 | 8,276 | $399 | $975,000 | 34 | 78 |
| 4478 4th Street | Riverside | 1908 | 5 | 4 | 2,271 | 11,761 | $414 | $940,000 | 31 | 74 |
| 4045 Chapman | Riverside | 1961 | 4 | 3 | 2,588 | 10,454 | $336 | $869,900 | 24 | 70 |
| Total: 5 · Average | 4.8 | 3.2 | 2,633.8 | 10,454.2 | $346.8 | $886,760 | 33.2 | |||
| Median | 2,445 | $869,900 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2643 Tenth Street | Riverside | 2026 | 08/18/2026 | 6 | 4 | 2,180 | 7,841 | $959,000 | $940,000 | $431 | 0.98 | 122 | 76 |
| 4161 University | Riverside | 1907 | 04/13/2026 | 4 | 3 | 2,352 | 6,534 | $875,000 | $850,000 | $361 | 0.97 | 153 | 70 |
| 4456 12th | Riverside | 1928 | 07/16/2026 | 6 | 3 | 2,456 | 7,841 | $799,900 | $795,000 | $324 | 0.99 | 94 | 70 |
| 5305 Bardwell | Riverside | 1963 | 10/23/2026 | 5 | 3 | 2,755 | 10,890 | $929,900 | $918,000 | $333 | 0.99 | 17 | 68 |
| 4485 6th Street | Riverside | 1914 | 11/14/2025 | 3 | 3 | 2,291 | 7,841 | $815,000 | $820,000 | $358 | 1.01 | 26 | 68 |
| Total: 5 · Average | 4.8 | 3.2 | 2,406.8 | 8,189.4 | $864,600 | $864,600 | $361.4 | — | 82.4 | ||||
| Median | 2,352 | $850,000 | $850,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.