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5844 Montgomery St, Riverside, CA, 92503

2beds
1baths
830sqft
$529,000
$637price/sqft
$3,745/moest. monthly cost
$149,800/yrincome needed

About This Home

Welcome to this beautifully remodeled home offering incredible versatility and endless potential. The main residence features 3 bedrooms, 2 bathrooms, and 1,250 square feet of pristine living space. the garage has been thoughtfully converted into a private 1-bedroom, 1-bathroom unit, providing an excellent opportunity for rental income or extended members. With two separate driveways and two private entrances, this property is perfectly set up for multigenerational living or maximizing investment returns. Attached covered patio includes two bonus rooms that offer abundant storage or flexible utility space. Situated on a flat lot, this property provides an outstanding opportunity to build an additional ADU 2 bed 2 bath further maximizing its value and versatility. The expansive driveways and side yards offer multiple parking for cars ,boats, or RVs. Nestled in an established neighborhood, this home is conveniently located within short distance of Walmart, shopping, restaurants, and everyday amenities, with easy access to the 91, 15, and 60 freeways. This turnkey home has been extensively upgraded with a new roof, new kitchen cabinets, quartz countertops, new stainless steel appliances, luxury vinyl flooring, new doors, new windows, and fresh interior and exterior paint. With no HOA, low property taxes, and exceptional income and expansion potential, this is a rare opportunity you won't want to miss!

Getting Around

79
WalkingVery Walkable
28
TransitSome Transit
75
BikeVery Bikeable

Schools

2/10
2/10
Wells Middle SchoolGrades 6-80.9 mi
4/10
Norte Vista High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1954

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Stucco

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Gas Oven,Gas Range,Gas Water Heater
  • Laundry features: Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup,Inside

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Features

  • Ceiling Fan(s),Crown Molding,Separate/Formal Dining Room,Granite Counters,In-Law Floorplan
  • Flooring: Vinyl
  • Fireplace features: None
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air,Electric

Interior Area

  • Total interior livable area: 830 sqft

Kitchen

  • Features: Quartz Counters,Remodeled,Updated Kitchen

Property

Details

  • Parcel number: 151174019
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: 1
  • Pool features: None
  • Patio & porch: Covered,Enclosed
  • Fencing: Excellent Condition,Wood
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 9,583 sqft
  • Features: 0-1 Unit/Acre

Parking

  • Total spaces: 1
  • Parking features: Attached Carport,Driveway Level
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Inland Flooding
Earthquake
Heat Wave
Wildfire

FEMA Declared Disasters in Riverside County and California

Earthquake
Fire
Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,674$32,088
Home Insurance *$118$1,416
Property Taxes $555$6,660
Electricity $398$4,786
Total$3,745$44,940
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$128,400/yr
40% on housing$112,350/yr
45% on housing$99,866/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$637This listing

vs Other Active Listings

Avg $/sqft

ZIP 92503$335
Riverside County$300

vs Homes Sold Last Month

Median $/sqft

ZIP 92503$381
Riverside County$315

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-10Price change$579,000
2026-07-28Price change$529,000
2026-07-23Listed for sale$579,000
2025-10-14Sold$425,000
2025-10-14Pending sale$450,000
2025-10-04Contingent$450,000
2025-10-04Listed for sale$450,000
1996-01-31Sold$73,000

For Sale by Agent

AgentJonathan Minerick
BrokerageHomecoin.com

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