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4883 El Molino Avenue — Riverside — 3 Beds • 1 Bath • 1,245 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

OPEN APR 18 · 10AM – 12PM

+31 more

$599,000

0 DOM

$481/sqft3 bd1 ba1,245 sqft

Call

4883 El Molino Ave Riverside, CA 92504

7,405sqft lot

Welcome to El Molino Avenue, where this beautifully renovated home sits on a charming tree lined street, in one of the best neighborhoods in Riverside. From the moment you enter, you are greeted by a warm and inviting living room complete with a cozy fireplace. The spacious dining room is filled with natural light from a large picture window and flows seamlessly into the gorgeously remodeled kitchen. Originally designed as a three bedroom home, the property is currently configured as two bedrooms with the third bedroom opened up to create an additional living space. This room could easily be converted back into a third bedroom if desired. The backyard is truly the showpiece of this home. Enjoy a wonderful covered patio, expansive backyard, and an incredible detached outdoor room ideal for a home office, gym, art studio, creative retreat, or additional entertaining space! This home will not last!

MLS IV26074226

951-369-8002 (Office) 951-369-8002 (Cell) ayalasre@gmail.com

Est. payment

$3,828/mo

Principal & interestTaxesInsurance

$3,029$624$175

Down %

Rate %

Years

Down payment: $119,800 · Total cost: $1,210,193

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$3,828/mo

Principal & interest: $3,029
Est. property tax: $624
Est. insurance: $175
Down payment: $119,800

Est. gross rent$2,496/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)$-1,332/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 8, 2026	$599,000	—

Facts & Features

Structure & Property

Year Built1952

Garage Spaces2

951-369-8002 (Office) 951-369-8002 (Cell) ayalasre@gmail.com

Sale & Tax History

No Recent Sales History

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

Location

4883 El Molino Avenue, Riverside, CA 92504

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4883 El Molino Ave Riverside, CA 92504

About this home

SARAH AYALA

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Structure & Property

SARAH AYALA

Sale & Tax History

No Recent Sales History

Location

Location

Open Houses

Listing Agent

Presented by Belmont Brokerage Inc.

4883 El Molino Avenue, Riverside, CA 92504

About This Property

Property Photos

4883 El Molino Ave Riverside, CA 92504

About this home

SARAH AYALA

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Structure & Property

SARAH AYALA

Sale & Tax History

No Recent Sales History

Location

Location

Open Houses

Listing Agent

Presented by Belmont Brokerage Inc.