This Corporate Owned Home is near Victoria and Myrtle in Riverside. The home is a 3 bedroom plus two bath home, square footage is listed at 1421, built in 1954. The lot size is 9148 or . 21 acres, RV access on the west side of home. Once you open the door you will see laminate wood floor, a high fireplace in between the living and family room area. The kitchen cabinets appear to have been remodeled recently. Two skylights, blinds, ceiling fan, enclosed patio, one room is a den but looks like it used to be maybe a fourth bedroom. Several of the windows are dual pane. There is a separate laundry room off the enclosed patio area. The garage is two door with a roll up door. Buyer and buyer's agent are advised to hire a professional inspector to check out all systems and aspects of this property. Be sure to check permits, sewer hookups, electrical, plumbing, roof, schools, boundaries, air and heat. Some work needed here, won't go FHA. Preview home with buyer before writing offers.
Single-familyProperty Type
1954Year Built
9,148 sq ftLot Size
$320Est. Price/Sq.Ft.
2 car garageParking
Listed by GUY PATTERSON•DRE #00848577• REALTY EXECUTIVES/RIVERSIDE
Listed by LINDA PATTERSON•DRE #01220061• REALTY EXECUTIVES/RIVERSIDE
Bought with OUT OF AREA IVAOR•DRE #0• RECIPROCAL LISTINGS
Source:CRMLS #I09108146
Redfin Estimate
$454,205
$239K since sold in June 2026$4,000 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 30.7% lower than the average sale price ($656K) of 6 comparable homes.
This Corporate Owned Home is near Victoria and Myrtle in Riverside. The home is a 3 bedroom plus two bath home, square footage is listed at 1421, built in 1954. The lot size is 9148 or . 21 acres, RV access on the west side of home. Once you open the door you will see laminate wood floor, a high fireplace in between the living and family room area. The kitchen cabinets appear to have been remodeled recently. Two skylights, blinds, ceiling fan, enclosed patio, one room is a den but looks like it used to be maybe a fourth bedroom. Several of the windows are dual pane. There is a separate laundry room off the enclosed patio area. The garage is two door with a roll up door. Buyer and buyer's agent are advised to hire a professional inspector to check out all systems and aspects of this property. Be sure to check permits, sewer hookups, electrical, plumbing, roof, schools, boundaries, air and heat. Some work needed here, won't go FHA. Preview home with buyer before writing offers.
CRMLS #I09030462
Jun 2, 2009
Listing Removed
—
Mar 13, 2009
Listed
$262,000
$184/sq ft
CRMLS #I601777
Mar 6, 2006
Sold
$375,000
$264/sq ft
Jan 16, 2006
Listed
$379,900
$267/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,573 (+3.3%)
$64,529 + $161,345
$225,874
2024
$2,490 (+0.4%)
$64,529 + $161,345
$225,874
2023
$2,479 (+1.9%)
$63,264 + $158,182
$221,446
2022
$2,434 (+1.7%)
$62,024 + $155,081
$217,105
2020
$2,394 (+1.9%)
$59,616 + $149,060
$208,676
2019
$2,350 (+2.0%)
$59,005 + $147,532
$206,537
2018
$2,305 (+1.8%)
$57,849 + $144,640
$202,489
2017
$2,264 (+6.8%)
$55,604 + $139,023
$194,627
2016
$2,121 (+1.4%)
$55,604 + $139,023
$194,627
2015
$2,091 (+1.0%)
$54,514 + $136,298
$190,812
2014
$2,071 (+0.5%)
$52,647 + $131,622
$184,269
2013
$2,061 (+2.6%)
$52,647 + $131,622
$184,269
2012
$2,010 (+1.7%)
$52,410 + $131,028
$183,438
2011
$1,976 (+0.9%)
$51,383 + $128,459
$179,842
2010
$1,958 (−21.6%)
$50,376 + $125,941
$176,317
2009
$2,498 (−28.8%)
$50,000 + $125,000
$175,000
2008
$3,508
$93,000 + $140,000
$233,000
Tax history for 5237 Monterey Rd
Year
Property tax
Land + Additions
Assessment*
2025
$2,573 (+3.3%)
$64,529 + $161,345
$225,874
2024
$2,490 (+0.4%)
$64,529 + $161,345
$225,874
2023
$2,479 (+1.9%)
$63,264 + $158,182
$221,446
2022
$2,434 (+1.7%)
$62,024 + $155,081
$217,105
2020
$2,394 (+1.9%)
$59,616 + $149,060
$208,676
2019
$2,350 (+2.0%)
$59,005 + $147,532
$206,537
2018
$2,305 (+1.8%)
$57,849 + $144,640
$202,489
2017
$2,264 (+6.8%)
$55,604 + $139,023
$194,627
2016
$2,121 (+1.4%)
$55,604 + $139,023
$194,627
2015
$2,091 (+1.0%)
$54,514 + $136,298
$190,812
2014
$2,071 (+0.5%)
$52,647 + $131,622
$184,269
2013
$2,061 (+2.6%)
$52,647 + $131,622
$184,269
2012
$2,010 (+1.7%)
$52,410 + $131,028
$183,438
2011
$1,976 (+0.9%)
$51,383 + $128,459
$179,842
2010
$1,958 (−21.6%)
$50,376 + $125,941
$176,317
2009
$2,498 (−28.8%)
$50,000 + $125,000
$175,000
2008
$3,508
$93,000 + $140,000
$233,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
R-1-8500
Single Family Residential Zone
Additional Single-family Residential Zones (R-1-1/2 Acre, R-1-13000, R-1-10500, R-1-8500 and R-1-7000) are established to provide areas for single-family residences with a variety of lot sizes and housing choices.
Permitted uses
Include but are not limited to:
Agriculture
Greenhouse / nursery
Ranch
Housing-Group
Housing-Single unit
Housing-Other
Agriculture-Cropland
Agriculture-Grove / orchard / vineyard
Property details
Interior
Bathroom Information
# of Full Baths: 1
# of 3/4 Baths: 1
Heating & Cooling
Air Conditioning Type: Central
Heating Fuel Type: Gas
Heating Type: Central
Fireplace Information
# of Fireplaces: 1
Has Fireplace
Room Information
# of Rooms: 6
Exterior
Exterior Information
Physical Condition: Average
Foundation Type: Slab
Building Style Type: Ranch
Construction Type: Wood Frame/Metal
Building Construction Quality: Average
Exterior Wall: Stucco
Property Information
Subdivision Name: MONTEREY MANOR
Living Sq. Ft: 1,421
Adjusted Gross Sq. Ft: 1,421
Building Sq. Ft: 1,421
# of Stories: 1
Stories Type: 1
Legal Description: LOT 6 MB 027/002 MONTEREY MANOR
Parking & Garage Information
Parking Type: Detached Garage
Garage/Parking Sq. Ft: 396
Garage / Carport Type: Detached
Lot Information
# of Buildings: 1
Land Sq. Ft: 9,148
Legal Lot Number: 6
Municipality Name: CITY OF RIVERSIDE
Acres: 0.21
Zoning Code: R1080
County Use Description: SINGLE FAMILY DWELLING
Utility Information
Electricity / Wiring Type: Available
Financial
Assessor Information
Assessment Year: 2025
Tax Area: CITY OF RIVERSIDE
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,421
Stories: 1.0
Lot Size: 9,148 square feet
Style: Single Family Residential
Year Built: 1954
Year Renovated: 1954
County: Riverside County
APN: 223061006
Home facts updated by county records on Aug 8, 2026
Around this home
Schools
Places
Transit
Alcott Elementary School
Public K-6 • Assigned • 0.8mi
4/10
Matthew Gage Middle School
Public 7-8 • Assigned • 1.2mi
5/10
Polytechnic High School
Public 9-12 • Assigned • 0.6mi
6/10
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
4/10 Fire Factor
2% chance of being 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 • 92506
Average low and high temperatures (°F)
68
48
72
50
75
53
73
52
78
56
85
60
88
61
94
67
88
65
83
58
72
51
70
49
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10 hours in
June and 7 hours in December, placing it above the
U.S. average for solar exposure.
10 hrs
7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$432,000 – $523,000
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