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.
Single-familyProperty Type
1952Year Built
6,534 sq ftLot Size
$554Est. Price/Sq.Ft.
4 spacesParking
Listed by Carolyn Vazquez•DRE #01418260• Synergy Real Estate
Contact: 909-223-6904
Bought with JAMIE JIMENEZ•DRE #01259036• REALTY PLUS
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.
CRMLS #PW25225737
Nov 10, 2025
Sold
$589,000
$479/sq ft
Oct 17, 2025
Pending
—
Oct 12, 2025
Price Changed
$589,000
$479/sq ft
Oct 1, 2025
Listed
$569,000
$463/sq ft
CRMLS #IG18186558
Jan 21, 2019
Listing Removed
—
Sep 24, 2018
Price Changed
$325,000
$264/sq ft
Sep 21, 2018
Relisted
—
Sep 6, 2018
Pending
—
Aug 28, 2018
Price Changed
$310,000
$252/sq ft
Aug 5, 2018
Listed
$325,000
$264/sq ft
CRMLS #CV17033192
Apr 14, 2017
Sold
$260,000
$211/sq ft
Feb 17, 2017
Contingent
—
Feb 17, 2017
Listed
$269,950
$219/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,414 (+3.4%)
$58,026 + $243,720
$301,746
2024
$3,303 (+0.4%)
$58,026 + $243,720
$301,746
2023
$3,289 (+1.9%)
$56,889 + $238,942
$295,831
2022
$3,229 (+1.1%)
$55,774 + $234,257
$290,031
2021
$3,193 (+0.8%)
$54,681 + $229,664
$284,345
2020
$3,169 (+1.9%)
$53,609 + $225,161
$278,770
2019
$3,110 (+2.0%)
$53,060 + $222,853
$275,913
2018
$3,050 (+559.2%)
$52,020 + $218,484
$270,504
2017
$463 (+6.1%)
$12,615 + $28,261
$40,876
2016
$436 (+1.9%)
$12,615 + $28,261
$40,876
2015
$428 (+1.4%)
$12,368 + $27,707
$40,075
2014
$422 (+0.8%)
$11,946 + $26,758
$38,704
2013
$419 (+4.6%)
$11,946 + $26,758
$38,704
2012
$400 (+2.3%)
$11,893 + $26,638
$38,531
2011
$391 (+0.9%)
$11,660 + $26,116
$37,776
2010
$388 (+0.1%)
$11,432 + $25,604
$37,036
2009
$387 (+2.9%)
$11,348 + $25,413
$36,761
2008
$376
$11,376 + $25,474
$36,850
Tax history for 1498 Powell Way
Year
Property tax
Land + Additions
Assessment*
2025
$3,414 (+3.4%)
$58,026 + $243,720
$301,746
2024
$3,303 (+0.4%)
$58,026 + $243,720
$301,746
2023
$3,289 (+1.9%)
$56,889 + $238,942
$295,831
2022
$3,229 (+1.1%)
$55,774 + $234,257
$290,031
2021
$3,193 (+0.8%)
$54,681 + $229,664
$284,345
2020
$3,169 (+1.9%)
$53,609 + $225,161
$278,770
2019
$3,110 (+2.0%)
$53,060 + $222,853
$275,913
2018
$3,050 (+559.2%)
$52,020 + $218,484
$270,504
2017
$463 (+6.1%)
$12,615 + $28,261
$40,876
2016
$436 (+1.9%)
$12,615 + $28,261
$40,876
2015
$428 (+1.4%)
$12,368 + $27,707
$40,075
2014
$422 (+0.8%)
$11,946 + $26,758
$38,704
2013
$419 (+4.6%)
$11,946 + $26,758
$38,704
2012
$400 (+2.3%)
$11,893 + $26,638
$38,531
2011
$391 (+0.9%)
$11,660 + $26,116
$37,776
2010
$388 (+0.1%)
$11,432 + $25,604
$37,036
2009
$387 (+2.9%)
$11,348 + $25,413
$36,761
2008
$376
$11,376 + $25,474
$36,850
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
7,405 Sq. Ft.
Year renovated
1952
Sq. Ft.
980
Year built
1952
Style
Single Family Residential
County
Riverside County
APN
206191008
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 8, 2026.
NSP-MDR
NORTHSIDE SPECIFIC PLAN
Northside Specific Plan-Medium Density Residential Zone
Existing Medium Density Residential (MDR) areas in the Northside neighborhood will also be protected under the Specific Plan. Located primarily in the southern and eastern portions of the Northside neighborhood, south of the former golf course and east of Orange Street,
these neighborhoods will be maintained. A new Medium Density Residential area is proposed on land on the west side of Orange Street, south of the proposed Trujillo Adobe Heritage Village and north of Reid Park. This new residential area is proposed for residential uses to be consistent with existing residences on the east side of Orange Street, Reid Park and the Trujillo Adobe center.
Zone overlays
Northside Specific Plan
Permitted uses
Include but are not limited to:
Agriculture
Garden center
Housing-Single unit
Fire house
Police station
Ground transport
Park & open space
Property details
Parking
Parking / Garage Information
Uncovered Spaces: 4
# of Parking Spaces: 4
Interior
Laundry Information
Has Laundry
Inside
Bathroom Information
# of Baths (Full): 2
Cooling Information
Central
Has Cooling
Room Information
All Bedrooms Down, Living Room
Heating Information
Central Furnace
Has Heating
Interior Features
Entry Level: 1
Entry Location: Street
Levels: One
Main Level Bathrooms: 1
Main Level Bedrooms: 3
Exterior
Exterior Information
Structure Type: House
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: Back Yard, Corner Lot, Cul-De-Sac, Front Yard
Property Information
Total # of Units: 1
Accessibility Features: Parking
Common Walls: No Common Walls
Living Area Source: Assessor's Data
Parcel Number: 206191008
Total # of Stories: 1
Has View
Year Built Source: Assessor
Property ADU: Yes
# of Property ADU: 1
Financial
Assesments Information
Assessments: Unknown
Utilities
Utilities Information
Sewer: Public Sewer
Water Source: District/Public
Location
Neighborhood Information
Community Features: Street Lighting, Suburban
School Information
High School District: Riverside Unified
Location Information
Latitude: 34.00198000
Longitude: -117.36036500
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
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 980
Stories: 1.0
Lot Size: 7,405 square feet
Style: Single Family Residential
Year Built: 1952
Year Renovated: 1952
County: Riverside County
APN: 206191008
Home facts updated by county records on Aug 8, 2026
Other
Listing Information
IDX Contact Info: 909-223-6904
Days Active in MLS: 12
Continuous Days Active in MLS: 12
Listing Agent Information
List Agent First Name: Carolyn
List Agent Last Name: Vazquez
Listing Office Information
List Office Name: Synergy Real Estate
Selling Agent Information
Buyer Agent First Name: JAMIE
Buyer Agent Last Name: JIMENEZ
Selling Office Information
Buyer Office Name: REALTY PLUS
Around this home
Schools
Fremont Elementary School
Public K-6 • Assigned • 0.3mi
5/10
University Heights Middle School
Public 7-8 • Assigned • 1.7mi
5/10
John W. North High School
Public 9-12 • Assigned • 1.6mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
8/10 Heat Factor
6 days above 102° expected this year, 18 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
27 unhealthy days expected this year, 32 days in 30 years
Provided by First Street
Historical weather
Riverside, CA • 92501
Average low and high temperatures (°F)
70
49
73
51
77
54
75
53
81
58
88
62
90
63
96
68
91
66
85
59
74
52
72
50
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.3 hours in
June and 6.9 hours in December, placing it above the
U.S. average for solar exposure.
10.3 hrs
6.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$648,000 – $784,000
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