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5878 Palencia — Riverside — 4 Beds • 3 Baths • 2,176 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

+32 more

$709,999

31 DOM

$326/sqft4 bd3 ba2,176 sqft

Call

5878 Palencia Riverside, CA 92509

8,712sqft lot

Welcome to 5878 Palencia Dr, a beautiful home located in a desirable neighborhood of Riverside. This well-maintained property offers a comfortable and functional layout with spacious living areas, a bright interior, and a well-appointed kitchen with ample cabinetry and counter space—perfect for everyday living and entertaining. The home features generously sized bedrooms and inviting living spaces designed for both comfort and convenience. Step outside to a private backyard with a sparkling swimming pool, creating the perfect setting for relaxing, entertaining guests, or enjoying the Southern California lifestyle year-round. Conveniently located near parks, schools, shopping, dining, and major freeways, this property offers both comfort and accessibility. A great opportunity to own a home with a pool in a well-established Riverside community.

MLS FR26055848

8776639366 (Office) 559-864-4114 (Cell) israeljaramillo235@gmail.com

Est. payment

$4,537/mo

Principal & interestTaxesInsurance

$3,590$740$207

Down %

Rate %

Years

Down payment: $142,000 · Total cost: $1,434,451

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$4,537/mo

Principal & interest: $3,590
Est. property tax: $740
Est. insurance: $207
Down payment: $142,000

Est. gross rent$2,958/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)$-1,579/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	Mar 13, 2026	$735,000	—

Facts & Features

Transaction Data

▼Price Reduced from $735,000 (−$25,001)

Structure & Property

Year Built1979

Garage Spaces3

8776639366 (Office) 559-864-4114 (Cell) israeljaramillo235@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

5878 Palencia, Riverside, CA 92509

Get Directions

Call

5878 Palencia Riverside, CA 92509

About this home

Israel Jaramillo

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Israel Jaramillo

Sale & Tax History

No Recent Sales History

Location

Location

Open Houses

Listing Agent

Presented by Belmont Brokerage Inc.

5878 Palencia, Riverside, CA 92509

About This Property

Property Photos

5878 Palencia Riverside, CA 92509

About this home

Israel Jaramillo

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Israel Jaramillo

Sale & Tax History

No Recent Sales History

Location

Location

Open Houses

Listing Agent

Presented by Belmont Brokerage Inc.