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For sale
  • Listed by: POWER OF 2 REALTY • JARED JONES • Contact: 951-255-0908
    $675,000

    6304 Riley Way, Riverside, CA 92509

    2beds
    --baths
    2,056sqft
    : 
    $4,620/mo
    Get pre-qualified
    Multi Family
    Built in 1963
    -- sqft lot
    $675,300 Zestimate®
    $328/sqft
    $-- HOA

    What's special

    Whether you’re an investor looking to maximize cash flow or a homeowner interested in offsetting your mortgage through house hacking, this property offers a rare opportunity to create multiple income-producing living spaces with much of the heavy lifting already done. Situated in a desirable neighborhood with beautiful views, this 3-bedroom, 2-bath home includes two sets of approved plans—one for a Junior ADU and another to convert the detached garage into a full ADU. Save months of planning, permitting, and design costs while stepping into a property positioned for immediate value creation. Live in the main home while generating rental income from future ADUs, create flexible space for multigenerational living, or expand your investment portfolio with a property designed for long-term appreciation and cash flow. To make the process even easier, the seller’s has bids with a construction team is available to complete the approved improvements after closing, allowing buyers to move from purchase to completed units with a streamlined, experienced team. Opportunities like this—combining a desirable location, scenic views, approved expansion plans, and a turnkey path to development—are increasingly difficult to find. Buyer to verify all permits, approvals, intended uses, and development requirements with the appropriate agencies.
    35 days
    1,387
    58

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    JARED JONES DRE #01822924 951-255-0908,

    POWER OF 2 REALTY,

    SARA GRIDER DRE #02146080,

    POWER OF 2 REALTY

    Source: CRMLS,MLS#: IV26173010MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      Rooms
      • Room types: Bedroom, Kitchen, Living Room
      Bedroom
      • Features: All Bedrooms Down
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Laundry: Inside, Stacked
      Features
      • All Bedrooms Down
      • Has fireplace: Yes
      • Fireplace features: Living Room
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 2,056
      • Total interior livable area: 2,056 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage
      • Garage spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Entry location: front
      • Pool features: None
      • Has view: Yes
      • View description: Neighborhood
      Lot
      • Size: 8,712 Square Feet
      • Features: 0-1 Unit/Acre
      Details
      • Parcel number: 186052001
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • New construction: No
      • Year built: 1963

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Suburban
      Location
      • Region: Riverside

      Financial & listing details

      • Price per square foot: $328/sqft
      • Tax assessed value: $673,865
      • Date on market: 8/7/2026
      • Cumulative days on market: 36 days
      • Listing terms: Cash,Conventional,FHA,VA Loan

        Estimated market value

        $675,300

        $642,000 - $709,000

        $2,097/mo

        Price history

        DateEventPrice
        8/7/2026Listed for sale$675,000+42.1%$328/sqft
        Source: CRMLS #IV26173010 Report a problem
        4/3/2026Listing removed$2,795$1/sqft
        Source: Zillow Rentals Report a problem
        3/11/2026Listed for rent$2,795$1/sqft
        Source: Zillow Rentals Report a problem
        9/2/2022Sold$475,000-2.1%$231/sqft
        Source: Public Record Report a problem
        8/7/2022Pending sale$485,000$236/sqft
        Source: CRMLS #OC22154120 Report a problem
        8/2/2022Price change$485,000-2.8%$236/sqft
        Source: CRMLS #OC22154120 Report a problem
        7/23/2022Listed for sale$499,000$243/sqft
        Source: CRMLS #OC22154120 Report a problem
        7/20/2022Pending sale$499,000$243/sqft
        Source: CRMLS #OC22154120 Report a problem
        7/14/2022Listed for sale$499,000$243/sqft
        Source: CRMLS #OC22154120 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $673,865 +169.1%
        2025$2,859 +5.2%$250,403 +2%
        2024$2,717 -61.3%$245,494 -61.3%
        2023$7,027 +231.4%$635,000 +228.8%
        2022$2,120 +0.8%$193,134 +2%
        2021$2,103 +0.9%$189,348 +1%
        2020$2,083 +2.1%$187,407 +2%
        2019$2,041 +3.4%$183,734 +2%
        2018$1,975 +1.1%$180,133 +2%
        2017$1,953 $176,602 +2%
        2016$1,953 +2.9%$173,140 +1.5%
        2015$1,898 +7.3%$170,541 +2%
        2014$1,769 $167,203 +0.5%
        2013-- $166,449 +2%
        2012-- $163,187 +2%
        2011-- $159,988 +0.8%
        2010-- $158,794 -0.2%
        2009-- $159,172 +2%
        2008-- $156,052 +2%
        2007-- $152,993 +2%
        2006-- $149,994 +2%
        2005-- $147,054 +3.9%
        2003-- $141,530 +2%
        2002-- $138,756 +2%
        2001$1,360 +3.7%$136,037 +2%
        2000$1,311 $133,370
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Rubidoux

        Getting around

        6 / 100
        Car-Dependent
        20 / 100
        Minimal Transit
        2 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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