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4909 Luther Street, Riverside, CA 92504

$525K3bd · 2ba · 1,117 sqft
Lot 6,970 sqft•Single Family Residence•
Active
•33d on market•MLS# OC-26213527

Property Description

PRICED FOR IMMEDIATE SALE! Excellent opportunity to own a single-story home in an established Riverside neighborhood. Approximately 1,117 square feet on an approximately 6,970 square foot lot with three bedrooms, an attached two-car garage and a generous backyard. The open living, dining and kitchen layout provides an efficient and comfortable floor plan. Prior improvements include updated kitchen finishes, flooring, dual-pane windows and bathroom improvements. Convenient location near shopping, schools and the 91 Freeway. Offered by a Court-Appointed Partition Referee at an attractive price intended to generate immediate market interest. SHORT SALE — lender approval required. Sale also subject to any applicable court/referee requirements. Property to be sold in its present condition. Buyer to independently verify square footage, bedroom/bath count, permits, improvements and all other property information. Submit your strongest offer promptly.

Features & Amenities

FeeBuilt 1950

Property Details

Land Type
Fee
Year Built
1950
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
None
City
Riverside
Zip Code
92504
County
Riverside
Listed bySteven Selinsky, Broker, Steven Selinsky

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,654.69
Principal & Interest
Loan Amount
$420,000
Total Interest
$535,687
Total Payment Over 30 Years
$955,687
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

4909 Luther Street, Riverside, CA 92504

Riverside · Single Family Residence

$525K
Affordable Tier
Beds
3
Baths
2
Sqft
1,117
Lot
6,970 sqft
Year
1950
$/Sqft
$470
Pool: No✓
View: None✓
Garage: 2-car✓

Listed 8.7% below the median closed sale of $575,000. Closed comps sold at 100% of list — strong seller's market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $525K· $470/sqft
Total list price
Closed comps
vs closed median $575K
−$50K (−8.7%)
Active comps
vs active median $559K
−$34K (−6.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $489
−$19 (−3.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
6730 Montclair DrRiverside1956321,2647,841$435$550,0002293
6795 De AnzaRiverside1952321,1866,534$502$595,0001590
4693 BeattyRiverside1948211,0767,405$520$559,000488
3539 Washington StreetRiverside1936321,4486,534$414$599,00010279
4570 JurupaRiverside1950218715,227$574$500,0003178
Total: 5 · Average2.61.61,1696,708.2$489$560,60034.8
Median1,186$559,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
4816 SunnysideRiverside195008/25/2026321,1888,276$575,000$550,000$4630.963992
4794 Granada AvenueRiverside195205/22/2026321,2747,405$499,000$520,000$4081.043692
6845 Barcelona WayRiverside194806/11/2026311,1407,841$564,900$575,000$5041.028691
4883 El Molino AvenueRiverside195206/09/2026311,2457,405$599,000$590,000$4740.985590
6698 Montclair DriveRiverside195606/17/2026421,2907,841$599,000$600,000$4651.007087
Total: 5 · Average3.21.61,227.47,753.6$567,000$567,000$462.8—57.2
Median1,245$575,000$575,000

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.