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4500 Highland Place — Riverside — 6 Beds • 3 Baths • 3,222 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

+27 more

$799,950

6 DOM

$248/sqft6 bd3 ba3,222 sqft

Call

4500 Highland Pl Riverside, CA 92506

27,878sqft lot

Nestled in the highly sought-after Wood Streets neighborhood of Riverside, this spacious 6-bedroom, 2.5-bathroom fixer presents a rare opportunity to create something truly special. Ideally situated in a prime location overlooking Mt. Rubidoux, the property offers both charm and incredible potential. The home features original hardwood flooring, classic built-ins, and architectural details that reflect the home’s timeless character. Set on a large lot, the property provides ample outdoor space with endless possibilities—expand, add an ADU, design a dream backyard, or create an entertainer’s oasis. The layout offers flexibility for modern updates while preserving the historic charm that makes this neighborhood so desirable.

MLS IV26076289

951-779-3021 (Office) 951-779-3021 (Cell) MLS1@ROBMATCHETT.COM

Est. payment

$5,111/mo

Principal & interestTaxesInsurance

$4,045$833$233

Down %

Rate %

Years

Down payment: $159,990 · Total cost: $1,616,184

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$5,111/mo

Principal & interest: $4,045
Est. property tax: $833
Est. insurance: $233
Down payment: $159,990

Est. gross rent$3,333/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-1,778/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Apr 9, 2026	$799,950	—

Facts & Features

Structure & Property

Year Built1910

Garage Spaces2

951-779-3021 (Office) 951-779-3021 (Cell) MLS1@ROBMATCHETT.COM

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

4500 Highland Place, Riverside, CA 92506

Get Directions

Call

4500 Highland Pl Riverside, CA 92506

About this home

ROB MATCHETT

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Structure & Property

ROB MATCHETT

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.

4500 Highland Place, Riverside, CA 92506

About This Property

Property Photos

4500 Highland Pl Riverside, CA 92506

About this home

ROB MATCHETT

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Structure & Property

ROB MATCHETT

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.