Seller's Agent in 2025
Carolyn Vazquez
Synergy Real Estate
(909) 223-6904
1 in this area
92 Total Sales
1498 Powell Way Riverside, CA 92501
Northside NeighborhoodEstimated Value: $573,000 - $622,000
4
Beds
1
Bath
1,230
Sq Ft
$483/Sq Ft
Est. Value
Highlights
- Central Heating and Cooling System
- Back Yard
- 1-Story Property
About This Home
As of November 2025Charming Multi-Gen Opportunity in Prime Riverside Location
Welcome to this rare dual-address home — 1498 & 1496 Powell — designed for flexibility and future income. Use it as one expansive 4-bed, 2-bath home, or split into a 3-bed/1-bath main house plus a fully permitted 1 bedroom ADU with its own kitchen & bath. Perfect for multigenerational living, long-term rental, or Airbnb income. Situated close to downtown Riverside and the University of Riverside, this property delivers location convenience and smart design. Enjoy easy commuting, dining, shopping, and transit access—all just minutes away. Key Features: Two legal addresses & separate meters / entries. Main house: 3 bedrooms, 1 bathroom (or expand to 4 beds / 2 baths). Permitted 1 bedroom 2nd unit: full kitchen, bath, private entrance. Great for rental income, in-law setup, or guest quarters. Total Lot size approx. 6,534 sq ft. Walking distance to schools, shops & restaurants. Quick freeway access and close proximity to UCR campus. Excellent “location + use” combo for owner-occupiers and investors. Don’t miss this unique property that blends flexible living with investment potential. Schedule your showing today.
Last Agent to Sell the Property
Synergy Real Estate Brokerage Phone: 909-223-6904 License #01418260 Listed on: 10/04/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1952
Lot Details
- 6,534 Sq Ft Lot
- No Common Walls
- Back Yard
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 4 Bedrooms
- 1,230 Sq Ft Home
- 1-Story Property
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- Parking Available
- Driveway
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 8
- Assessor Parcel Number 206191008
- $66 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- 1 Leased Unit
- 2 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Gardener Expense $720
- Insurance Expense $1,200
- Trash Expense $480
- Water Sewer Expense $1,320
- Operating Expense $3,720
- Gross Income $51,600
- Net Operating Income $47,880
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 4, 2025
Closed on
Dec 29, 2025
Sold by
Mora Miguel A and Mora Valeria
Bought by
Mora Miguel A & Valeria Mora Revocable Family and Mora
Seller's Agent
Carolyn Vazquez
Synergy Real Estate
Buyer's Agent
JAMIE JIMENEZ
REALTY PLUS
List Price
$589,000
Sold Price
$589,000
Views
155
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,937
Avg. Annual Appreciation
2.41%
Purchase Details
Listed on
Oct 4, 2025
Closed on
Oct 17, 2025
Sold by
Cisneros Antonio
Bought by
Mora Miguel A and Mora Valeria
Seller's Agent
Carolyn Vazquez
Synergy Real Estate
Buyer's Agent
JAMIE JIMENEZ
REALTY PLUS
List Price
$589,000
Sold Price
$589,000
Views
155
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,000
Interest Rate
6.3%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 17, 2017
Closed on
Feb 16, 2017
Sold by
Houten Candance C Van
Bought by
Cisneros Antonio
Seller's Agent
Carolyn Vazquez
Synergy Real Estate
Buyer's Agent
Carolyn Vazquez
Synergy Real Estate
List Price
$269,950
Sold Price
$260,000
Premium/Discount to List
-$9,950
-3.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.00%
Original Mortgage
$255,290
Interest Rate
4.1%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 26, 1996
Sold by
Monroe Jewel F
Bought by
Monroe Harold W and Monroe Jewel F
Purchase Details
Closed on
Jan 19, 1996
Sold by
Monroe Harold W and Monroe Jewel F
Bought by
Monroe Harold W and Monroe Jewel F
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mora Miguel A & Valeria Mora Revocable Family | -- | None Listed On Document | |
| Mora Miguel A | $589,000 | Pacific Coast Title | |
| Cisneros Antonio | $260,000 | Lawyers Title | |
| Monroe Harold W | -- | -- | |
| Monroe Harold W | -- | -- | |
| Monroe Harold W | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mora Miguel A | $339,000 | |
| Previous Owner | Cisneros Antonio | $255,290 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/10/2025 11/10/25 | Sold | $589,000 | 0.0% | $479 / Sq Ft | |
| 10/19/2025 10/19/25 | For Sale | $589,000 | 0.0% | $479 / Sq Ft | |
| 10/18/2025 10/18/25 | Off Market | $589,000 | -- | -- | |
| 10/12/2025 10/12/25 | Price Changed | $589,000 | +3.5% | $479 / Sq Ft | |
| 10/04/2025 10/04/25 | For Sale | $569,000 | +118.8% | $463 / Sq Ft | |
| 04/14/2017 04/14/17 | Sold | $260,000 | -3.7% | $265 / Sq Ft | View Prior Sale |
| 02/17/2017 02/17/17 | For Sale | $269,950 | -- | $275 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,303 | $301,746 | $58,026 | $243,720 |
| 2023 | $3,303 | $290,031 | $55,774 | $234,257 |
| 2022 | $3,229 | $284,345 | $54,681 | $229,664 |
| 2021 | $3,193 | $278,770 | $53,609 | $225,161 |
| 2020 | $3,169 | $275,913 | $53,060 | $222,853 |
| 2019 | $3,110 | $270,504 | $52,020 | $218,484 |
| 2018 | $3,050 | $265,200 | $51,000 | $214,200 |
| 2017 | $463 | $40,876 | $12,615 | $28,261 |
| 2016 | $436 | $40,075 | $12,368 | $27,707 |
| 2015 | $428 | $39,475 | $12,183 | $27,292 |
| 2014 | $422 | $38,704 | $11,946 | $26,758 |
Source: Public Records
Agents Affiliated with this Home
-
Carolyn Vazquez
-
JAMIE JIMENEZ
J
Buyer's Agent in 2025
JAMIE JIMENEZ
REALTY PLUS
(951) 317-4155
1 in this area
10 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25232620
APN: 206-191-008
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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