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16376 King, Riverside, CA 92504

$599K3bd · 1ba · 933 sqft
Lot 23,522 sqft•Single Family Residence•
Active
•0d on market•MLS# IV-26235867

Property Description

Endless Potential in Riverside's Highly Sought-After Woodcrest Neighborhood. Welcome to a unique opportunity in the heart of Riverside's desirable Woodcrest community. Situated on a sprawling 0.54-acre lot and zoned CPS (Scenic Highway Commercial), this property offers exceptional flexibility for homeowners, investors, entrepreneurs, and those seeking a live-work lifestyle. Built in 1957, this charming 3-bedroom, 1-bathroom home features 933 square feet of living space and serves as the perfect canvas for renovation, expansion, or redevelopment. Whether you're a first-time buyer ready to create your dream home, an investor looking for value-add potential, or a business owner seeking a commercial live-work opportunity, the possibilities here are truly endless. The expansive lot provides ample room to bring your vision to life. Imagine creating a private backyard retreat complete with a pool, establishing a small orchard, accommodating RV and recreational vehicle storage with the expansive Carport and 2 Car Garage, keeping horses, operating an approved business, or adding an Accessory Dwelling Unit (ADU) for rental income and multi-generational living. Inside, the home's functional floor plan offers a solid foundation ready for modern updates and personal touches. Outside, the oversized property presents rare opportunities for future improvements and expansion, making it a standout investment in a rapidly growing area. Enjoy the perfect blend of semi-rural charm and everyday convenience with nearby parks, schools, shopping, dining, and easy access to major commuter routes. Whether you're searching for a home, an investment property, or a commercial opportunity, this Woodcrest gem offers exceptional value and unlimited potential. Don't miss your chance to transform this diamond into something truly special.

Features & Amenities

FeeBuilt 1957

Property Details

Land Type
Fee
Year Built
1957
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 byCOLDWELL BANKER REALTY, KEVEN KELLEY

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,028.87
Principal & Interest
Loan Amount
$479,200
Total Interest
$611,193
Total Payment Over 30 Years
$1,090,393
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

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