Last Sold Price
4 beds1,230 sqft$479/sqft
1498 Powell Way, Riverside, CA 92501

Description

Charming 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...Charming 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.
LISTING CLOSED: 11/10/2025 12:00 AM

Property Details for 1498 Powell Way

Status
MLS #
PW25225737
Days on Market
12
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
1952
Lot Size
0.15 AC / 6,534 SF
View
Hills
Parking Spaces Total
4
Private Pool
No
Cooling Type
Central Air
Total Units
1.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1230
Assessor Parcel Number
206-191-008
Property Attached YN
false
Common Walls
No Common Walls
New Construction
No
Stories Total
1
Entry Level
1
Fireplace
No
Pool
No
View
Yes
View
Yes
Association
No
Association Fee
$.00
Senior Community
No
Parcel Number
206191008
Area
Riverside (252)
High School District
Riverside Unified
Directions
91 Freeway, take Mission Inn Avenue east, then turn left on Main Street and right on Powell Way to reach 1498 & 1496 Powell Way

Location

Listing Courtesy of Synergy Real Estate, Carolyn Vazquez, DRE #01418260

Sold By REALTY PLUS, JAMIE JIMENEZ, DRE #01259036

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Building Information for 1498 Powell Way

Stories1Year Built1952Building Size-Lot Size0.15 AC / 6,534 SF

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OriginPoint Mortgage or Rocket Mortgage1

$3,279 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,994

Property Taxes

$285

HOA Dues

$0

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Property Information for 1498 Powell Way

Income / Expense / Tax Details
Income Details
  • Financing: Conventional
Tax / Assessment Info
  • Tax Tract Number: 0
  • CFD/Mello-Roos Fee: $66
  • Tax Lot: 8
Community / Development
Community / Development
  • Accessibility Features: Parking
  • Disability Access: Other Main Level Modifications
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Street Lights, Suburban
Property / Structure Info
Interior Features
  • Room Type: All Bedrooms Down, Living Room
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Bedroom Features: All Bedrooms Down
  • Laundry: Yes
  • Laundry Features: Inside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Fireplace: N/K
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
  • Heat Equipment: Forced Air Unit
Exterior Features
  • Entry Location: Street
  • Structures: Suburban
  • Structure Type: House
  • Other Structures: Suburban
  • Miscellaneous: Suburban
  • View Description: Hills
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: Back Yard, Corner Lot, Cul-De-Sac, Front Yard
  • Lease Considered: No
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Property / Structure Info
  • Residential Styles: Detached
  • Residential Unit Location: No Common Walls

Property History for 1498 Powell Way

DateEvent & SourcePriceAppreciation
Nov 10, 2025

Sold

SDMLS #PW25232620

$589,000
Nov 10, 2025

Sold

SDMLS #PW25225737

$589,000
Nov 10, 2025

Sold

CLAW #PW25232620MR

DateEvent & SourcePrice
11/10/2025

Sold

SDMLS #PW25232620

$589,000
11/10/2025

Sold

SDMLS #PW25225737

$589,000
11/10/2025

Sold

CLAW #PW25232620MR

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1498 Powell Way

Taxable ValueLand$176,702Additions$412,298Total$589,000
Tax Record2025$3,414 ($285 / month)
Home Facts
Beds3Baths1Total Finished SqFt980 SqFtAbove Grade Finished SqFt980 SqFtStories1Lot Size7,405 SqFtStyleSingle Family ResidenceYear Built1952Year Renovated1952ZoningR1065CountyRIVERSIDEAPN206-191-008

Schools near 1498 Powell Way

This home is within Riverside Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Charter - K to 6
Rating
School
Distance
Fremont Elementary School
PublicK to 6

University Heights Middle School
Public7 to 8

John W. North High School
Public9 to 12

REACH Leadership STEAM Academy
CharterK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Synergy Real Estate, Carolyn Vazquez, DRE #01418260

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.