See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

2908 Prospect Ave, Riverside, CA, 92507

3beds
2baths
1,400sqft
$593,000
$424price/sqft
$4,068/moest. monthly cost
$162,720/yrincome needed

About This Home

Welcome to this beautiful corner lot home in the heart of Riverside, offering space, privacy, and incredible potential in a prime location! Step inside to a bright and functional layout featuring a spacious living area with tile flooring and abundant natural light throughout. The open floor plan flows seamlessly into a generously sized dining area and kitchen, complete with ample cabinetry, expansive counter space, and a breakfast bar perfect for everyday living and entertaining. The home features well-sized bedrooms, including a master bedroom with a full bathroom for comfort and convenience, with great natural light and a versatile layout that can easily accommodate families, guests, or a home office. Situated on a desirable corner lot, this property stands out with its gated front access, extended driveway, and spacious 2-car garage, providing ample parking and added security. The property also offers RV access and additional side-yard space, making it ideal for extra vehicles, recreational storage, or future possibilities. The backyard offers mature fruit trees and open space, creating a private outdoor setting with endless potential. Located in a highly convenient area, this home is just minutes from UCR, making it a great opportunity for both homeowners and investors. Enjoy close proximity to Downtown Riverside, shopping centers, parks, schools, dining, and everyday amenities, with easy access to the 91, 60, and 215 freeways, perfect for commuters. Whether you're looking for a primary residence or an investment opportunity in a high-demand location, this home offers space, functionality, and long-term value.

Getting Around

62
WalkingSomewhat Walkable
45
TransitSome Transit
50
BikeBikeable

Schools

8/10
4/10
Central Middle SchoolGrades 7-80.8 mi
6/10
Polytechnic High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 2006

Type & Style

  • Home type: SingleFamily
  • Architectural style: Patio Home
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: In Garage

Bedroom

  • Features: All Bedrooms Down

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Features

  • All Bedrooms Down
  • Fireplace features: None
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,400 sqft

Property

Details

  • Parcel number: 219112019
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Front
  • Pool features: None
  • Has view: Yes
  • View description: Neighborhood

Lot

  • Lot size: 4,792 sqft
  • Features: 0-1 Unit/Acre,Back Yard,Corner Lot

Parking

  • Total spaces: 2
  • Parking features: Garage - Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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

  • Earthquake
    EarthquakeVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
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 $2,998$35,976
Home Insurance *$124$1,488
Property Taxes $548$6,576
Electricity $398$4,786
Total$4,068$48,816
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$139,474/yr
40% on housing$122,040/yr
45% on housing$108,480/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

$424This listing

vs Other Active Listings

Avg $/sqft

ZIP 92507$273
Riverside County$300

vs Homes Sold Last Month

Median $/sqft

ZIP 92507$366
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
2026-03-24Listed for sale$603,000

For Sale by Agent

AgentFaviola Nieves
BrokeragePROSPERITY REAL ESTATE & ASSOC

Similar Homes