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Closed
- Listed price
- $2,550,000
- Listed May 19, 2017
- Sold price
- $2,585,000
- Sold Aug 31, 2017
39,204 sqft lot|1963 Built|21 MLS days on market
5035 Olivewood Ave, Riverside, CA 92506
Property Description
The Glen Echo Apartments consists of a an attractive unit mix: (1) 3+1.5 SFR, (11) 2+1 units, (8) 1+1 units near Downtown Riverside, Riverside Community College, and University of California, Riverside. Superb access to all major freeways including FWY 91, FWY 215, FWY 60. Tenant amenities include: Courtyard with a sparkling pool, BBQ areas, on-site laundry facility, carport and open parking. The Glen Echo Apartments allows for an investor to acquire a well-positioned asset in a supply constrained submarket. Increased demand for apartment rentals within the University submarket have increased rents significantly, and all projections point towards continued growth. The property is located near various amenities including: multiple supermarkets, transit lines, dining establishments and service providers.
Listing agent: Brad NewDRE #01347742Brad@vanguardproperty.com, Listing office: Vanguard Property Group
MLS data updated 11/1/2026, 6:03:31 AM PT
Source: CRMLSMLS #: PW17111497
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$2,585,000
Aug 31, 2017
Available records22017
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 92506 · Nov 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 92506 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.