1498 Powell Way

Off Market

1498 Powell Way

Riverside CA 92501

1230 sq. ft.

6534 sq. ft.

Single-Family

Last sold for $589,000

Carolyn Vazquez, last sold this property on 10 November 2025 after 39 days on market.

Overview

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.

Features

4 bedrooms

2 bathrooms

4 carspaces

4 open car spaces

1230 sq. ft. floor area

6534 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Riverside over the last 12 months, the estimated median property value of 1498 Powell Way is $620k.

Median value

$620k

Estimated value range

$450k - $1.3m

Median days on market

Estimated value trend

-6%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Riverside. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1498 Powell Way

2025

Sold

$589,000

10 Nov 2025 by Carolyn Vazquez, of Realty One Group Synergy

2017

Sold

$260,000

14 Apr 2017 by Carolyn Vazquez, of Dynasty Realty

2017

Sold

$260,000

14 Apr 2017 by Carolyn Vazquez

Happy sellers in Riverside

100%

100% of sellers in Riverside reported that their sale price either exceeded or met their price expectations.

Riverside stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Riverside over the last 12 months.

Local market activity for 4 bedroom single-family properties in Riverside

In the last 12 months, 21 four-bedroom single-family properties similar to 1498 Powell Way, have been sold.

This represents a 44% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Riverside for a market analysis.

FERNANDO CAPACETE

(69 reviews)

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Rebecca Gonzalez

at Cochran R. E. Professionals

(6 reviews)

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Sandy Rodriguez

at Berkshire Hathaway HomeServices California Properties (Yorba Linda, 92887)

(37 reviews)

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Sandy Tscherednikov

at Intero Real Estate Services

(1 review)

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Riverside

FERNANDO CAPACETE

Sellers who recommend FERNANDO CAPACETE have praised them for being local expert, responsive, clear communication, supportive, trustworthy, honest, and hard-working