4554 Merrill Ave, Riverside, CA 92506
OFF MARKET
Listed by ADAM SCHWARZ, EXP REALTY OF CALIFORNIA INC, (888) 584-9427 . Bought with Mission Real Estate

$498,800

Trulia Estimate
  • 1 Bed
  • 1 Bath
  • 396 sqft

4554 Merrill Ave, Riverside, CA 92506

Magnolia Center
Est. Refi. Payment $3,117/mo*
Refinance Your Home
Currently Off Market - Sold Apr 3, 2025 for $450,000

Home Value

Trulia Estimate
$499K
Since last month
Increased$22K (+4.6%)
Since last year
Increased$43K (+9.6%)
Since last sale
Increased$42K (+9.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +137% in the last 10 years
MonthEstimated value
2026
August 2026$492K
August 2026$492K
July 2026$471K
June 2026$461K
May 2026$472K
April 2026$464K
March 2026$469K
February 2026$462K
January 2026$464K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.02
Single-Family Home
$605,000
04/07/26
3
1
1,158
0.13
Single-Family Home
$615,000
08/05/26
2
1
1,288
0.28
Single-Family Home
$535,000
01/29/26
2
1
837
0.14
Single-Family Home
$654,000
03/20/26
2
1
1,132
0.28
Single-Family Home
$560,000
08/17/26
2
1
956
0.06
Single-Family Home
$730,000
05/20/26
3
1
1,559
0.06
Single-Family Home
$725,000
07/30/26
3
1
1,602
0.25
Single-Family Home
$510,000
09/16/25
3
1
744
0.26
Single-Family Home
$535,000
09/25/25
3
1
957
0.09
Single-Family Home
$625,000
04/01/26
2
2
1,319

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.02
$605,000
3
1
1,158
Recently Sold
0.03
-
3
1
1,762
Foreclosure
0.07
$567,100
3
2
1,386
Off Market
0.06
$730,000
3
1
1,559
Recently Sold
0.06
$725,000
3
1
1,602
Recently Sold
0.09
$625,000
2
2
1,319
Recently Sold
0.08
$596,200
2
1
1,117
Off Market
0.10
$599,300
2
1
1,068
Off Market
0.14
$805,000
3
1.5
1,935
Recently Sold
0.14
$654,000
2
1
1,132
Recently Sold
0.16
$619,500
3
1
1,142
Off Market

Local Information

  • Map ViewExplore the area around 4554 Merrill Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1944
Living Area
396 sqft
Price/Sqft
$1,260
HOA
None

About this House

This charming 1-bedroom, 1-bath home has been completely remodeled in 2023, offering modern comfort in a compact 396-square-foot space. Nestled on a sizable lot in the heart of Riverside, this property features a brand-new kitchen, bathroom, roof, windows, electrical wiring, plumbing, and HVAC system. Additional upgrades include a new driveway and fencing, making this home move-in ready.

What truly sets this property apart is its potential. With two permitted easements, it’s an investor’s dream—the lot is ready for a new main house build on the front of the property, where the original home once stood.

Located near major freeways, shopping, dining, and entertainment, this property offers an unbeatable combination of convenience and opportunity. Whether you're looking for a starter home, a rental property, or a prime development opportunity, this one checks all the boxes!
4554 Merrill Ave, Riverside, CA 92506 is a 1 bedroom, 1 bathroom, 396 sqft single-family home in Magnolia Center, built in 1944. It last sold for the $450,000 asking price on Apr 3, 2025. More recently, it was listed as a rental in December 2024 with an asking price of $2,000 per month. That rental listing was removed on January 4, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $498,800, with a rent estimate of $1,720/month.

Home Details for 4554 Merrill Ave

Interior Features

Interior Details
Number of Rooms: 2Types of Rooms: Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 1Main Level Bedrooms: 1Number of Bathrooms: 1Number of Bathrooms (full): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 396 Square Feet
Appliances & Utilities
Appliances: Microwave, Refrigerator, Dryer, WasherDryerLaundry: Laundry Room,OutsideMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Fireplace & Spa
Fireplace: NoneNo Fireplace
Windows, Doors, Floors & Walls
Common Walls: No Common Walls
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Levels: OneEntry Location: front
View
No ViewView: None

Exterior Features

Exterior Home Features
No Private Pool
Parking & Garage
No Garage
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Days on Market

Cumulative Days on Market: 41

Property Information

Year Built
Year Built: 1944
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: House
Building
Not a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 226302019

Price & Status

Price
List Price: $450,000
Status Change & Dates
Off Market Date: Fri Feb 21 2025

Active Status

MLS Status: Closed

Location

Direction & Address
City: Riverside
School Information
High School District: Riverside Unified

Community

Community Features: Curbs, SidewalksNot Senior Community

HOA

Association for this Listing: California Regional MLS

Lot Information

Lot Area: 6534 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Submit

Miscellaneous

Mls Number: IV25005958Living Area Range Units: Square FeetAttribution Contact: 951-389-5551Activation Date: Fri Jan 10 2025Back On Market Date: Wed Feb 19 2025Common Interest: NoneStart Showing Date: Fri Jan 10 2025Universal Property Id: US-06065-N-226302019-R-N

Additional Information

CurbsSidewalks

Price and Tax history

DateEventPrice
Apr 3, 2025
Source: CRMLS #IV25005958
Sold
$450,000
Feb 21, 2025
Source: CRMLS #IV25005958
Pending
$450,000
Feb 20, 2025
Source: CRMLS #IV25005958
PriceChange
$450,000
Price decreased by 5%
Feb 19, 2025
Source: CRMLS #IV25005958
Pending
$475,000
Jan 10, 2025
Source: CRMLS #IV25005958
Listed For Sale
$475,000

Market trends in Riverside

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$657K
$6.67K
MoM
Sale-to-List Price
100.0%
Price per sq ft
$382
$2
MoM
Available listings
697
15
MoM

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Magnolia Center

At least 129 Trulia users voted on each feature.
  • 88 % Say it's dog friendly

  • 81 % Say there are sidewalks

  • 79 % Say yards are well-kept

  • 72 % Say car is needed

  • 72 % Say there's holiday spirit

  • 70 % Say it's walkable to restaurants

  • 70 % Say parking is easy

  • 69 % Say it's walkable to grocery stores

  • 69 % Say streets are well-lit

  • 63 % Say people would walk alone at night

  • 57 % Say they plan to stay for at least 5 years

  • 52 % Say there's wildlife

  • 50 % Say neighbors are friendly

  • 49 % Say kids play outside

  • 40 % Say it's quiet

  • 24 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Evanbarrios
    "Be careful everyone. Please look out each other. If you can get a gun get one for protection. Please pick up after your dog. "
  • Trulia User
    "I don’t live far from where I work. It’s a quick jump on the freeway and I’m on way - 15 minutes tops "
  • Trulia User
    "This neighborhood is peaceful and has beautiful views. There are lots roads to orange trees and nurseries as well. "
  • Sandra Torres
    "I moved to magnolia center in Riverside recently. 3 months ago and it has been a great experience so far. Streets aren’t too crowded. You see family doing evening walks with their dogs. Overall it’s been a good experience can’t wait to see how the Holidays get on this part of town. "
  • Sarah K.
    "People let their dogs off leash. It shouldn’t matter the size. Dogs need to be leashes when in front yard or fenced"
  • Lacey F.
    "I love my neighborhood. It is friendly, safe, well kept and I have nice neighbors. I love being close to downtown and even closer to the Brockton arcade. "
  • Ms.shauuna
    "Beware of moving into Plaza West Condos....changed the rules and now you get your garage, parallel parking behind it, and anything above that you are forced to park out on the Main Street while tons of empty spots sit inside complex waiting for visitors. (Which you only get 1 visitor pass) numerous cars have been vandalized and HOA does nothing about it..."
  • Unspecified
    "its not too bad, they've done a good job getting rid of most of the homeless but there's still tweakers roaming the streets"
  • Golfskirtgirl
    "This neighborhood is great for dog walkers. Everyone is friendly and respectful. People walk in families too at all times, even late in the evening. "
  • Robyn L.
    "There are no community events in our neighborhood at all but we still very much love our neighborhood. "
  • Lovernotfighter
    "Can walk to Riverside Plaza. Movies, restaurants, coffee shops, markets, pharmacy, Trader Joes shopping."
  • Aartlover49
    "neighbors watch out for each others property. Dog walkers. Shopping Hospitals and restaurants .7 miles away"
  • Dlkdesign68
    "I've lived here for almost two years. I walk to work and love it! Lots of great restaurants and culture. Not a cookie cutter neighborhood."
  • Truslowcharles
    "I've lived here for three years now and I love it. Its quiet and a nice neighborhood in a great location. "
  • Klynna5
    "I have lived in this area for almost two years and absolutely love it. The neighborhood is quiet and all of our neighbors are friendly. We feel safe and at home. "

LGBTQ Local Legal Protections

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-08-31 16:18:30 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Frequently asked questions about 4554 Merrill Ave

  • What is 4554 Merrill Ave estimated to be worth?
    Trulia's estimated value for 4554 Merrill Ave in Riverside, CA is $498,800.
  • What is the price history for 4554 Merrill Ave?
    4554 Merrill Ave in Riverside, CA last sold for $450,000 in April 2025.
  • Is Riverside a buyer's or seller's market?
    Riverside is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Riverside?
    The median sale price in Riverside is $657K. That is up $6.67K from the prior month.
  • Does 4554 Merrill Ave have air conditioning?
    Yes, 4554 Merrill Ave in Riverside, CA has air conditioning.
  • Does 4554 Merrill Ave have laundry facilities?
    Yes, 4554 Merrill Ave in Riverside, CA has in-unit laundry.

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