About Home value Property history Tax history Market statistics Schools Neighborhood Places of interest

4554 Merrill Ave, Riverside, CA 92506

$472,400

Last sold 04/03/2025 for $450K

1
bed
1
bath
396
Sqft ($1,136/Sqft)

House not for sale

About 4554 Merrill Ave

Property type House

Neighborhood

Year built 1944

HOA fee $0/month

Lot size 6,534 Sqft

Movoto estimate

Rental estimate

Property description

This charming 1-bedroom, 1-bath home has been completely remodeled in 2023, offering modern comfort in a compact 396-square-foot space. Nestled on a sizable lot in the heart of Riverside, this property features a brand-new kitchen, bathroom, roof, windows, electrical wiring, plumbing, and HVAC system. Additional upgrades include a new driveway and fencing, making this home move-in ready. What truly sets this property apart is its potential. With two permitted easements, it’s an investor’s dream—the lot is ready for a new main house build on the front of the property, where the original home once stood. Located near major freeways, shopping, dining, and entertainment, this property offers an unbeatable combination of convenience and opportunity. Whether you're looking for a starter home, a rental property, or a prime development opportunity, this one checks all the boxes!

Listed by

Listing Agent - ADAM SCHWARZ

Listing Agent Contact: 951-389-5551

Listing Office - EXP REALTY OF CALIFORNIA INC

Source: CRMLS

MLS#IV25005958 • last updated 1 year ago

Movoto checked CRMLS for data 4 minutes ago

Overview
Levels/Style	One, House
Type	Residential
SubType	Single Family Residence
Status	Closed
Living Area	396
Lot Size (Acres)	0.15
Lot Size (SqFt)	6534
Year Built	1944

Interior
Total # of Bathrooms	1
# Full Baths	1
Total # of Bedrooms	1
Appliances	Microwave, Refrigerator
Interior Features	Recessed Lighting

Exterior
Lot Description	Lot 6500-9999, Yard

Amenities / Utilities
Fireplaces	None
Sewer/ Septic	Public Sewer
Water Source	Public
Pool	None

Location
View	None
County	Riverside
Community Features	Curbs, Sidewalks
High School District	Riverside Unified
Zoning	R1065
Directions	Central To Palm To Merrill
APN	226302019

$472K

Range: $429K-$515K

Last 30 days

Rental est.: $1,584/month

• Gross rent multiplier: 23.7

Lower your payment with the loan terms that fit you.

Apr 2025
MLS # IV25005958
Apr 3, 2025 Sold
$450,000
Feb 21, 2025 Pending
—
Feb 19, 2025 Listed
$450,000 (-5.3%)
Feb 18, 2025 Pending
—
Jan 9, 2025 Listed
$475,000 (+45.7%)
Apr 2025
Public Records
Apr 3, 2025 Sold
$450,000
Mar 2022
MLS # EV22036685
Mar 14, 2022 Sold
$326,000 (+44.9%)
Mar 3, 2022 Pending
—
Feb 25, 2022 Listed
$225,000

Year Property taxes Tax assessment
2024
$3,778 +0.4%

$345,952 +2.0%
2023
$3,762 +1088.7%

$339,170 +1407.09%
2022
$316 -4.4%

$22,505 +1.99%
2021
$331 +0.7%

$22,065
2020
$329 +1.5%

$22,065 +1.03%
2019
$324 +1.6%

$21,839 +1.99%
2018
$319 +1.4%

$21,412 +2.0%
2017
$314 +5.1%

$20,993 +4.03%
2016
$299 +1.6%

$20,179
2015
$294

—

4554 Merrill Ave
$450K
Magnolia Center
$550K -4% y/y
92506
$740K -2% y/y
Riverside
$682K +2% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
4562 Merrill Ave, Riverside, CA 92506	$594,300	3/1	1,560	0.01
4546 Merrill Ave, Riverside, CA 92506	$616,300	2/1	1,188	0.01
4570 Merrill Ave, Riverside, CA 92506	$679,500	4/—	1,874	0.02
4538 Merrill Ave, Riverside, CA 92506	$601,100	3/1	1,158	0.02
4553 Merrill Ave, Riverside, CA 92506	$648,000	3/1	1,254	0.03
4561 Merrill Ave, Riverside, CA 92506	$534,500	3/1	1,448	0.03
4578 Merrill Ave, Riverside, CA 92506	$606,800	3/1	1,762	0.03
4569 Merrill Ave, Riverside, CA 92506	$624,600	3/—	1,544	0.03

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.