3968 Ramona Drive

Riverside, CA 92506

$875,000

3 beds
2 baths
2,328 sq ft
0.19 acres
Built 1940

Listed by KELLER WILLIAMS RIVERSIDE CENT · MLS #IV26174885

3968 Ramona Drive, Riverside, CA 92506 — photo 1

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3968 Ramona Drive, Riverside, CA 92506 · MLS #IV26174885

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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1940.

Garage parking

2 garage spaces listed.

Property size

0.19 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Welcome to a beautifully updated pool home offering more than 2,300 square feet of living space in Riverside’s coveted Wood Streets neighborhood. Built in 1940, this distinctive 3-bedroom, 2-bath residence blends original character with thoughtful modern upgrades.

Inside, original hardwood flooring and a welcoming fireplace set a warm tone, while the open kitchen and dining area create a natural gathering space for everyday living and entertaining. The kitchen is both functional and refined, featuring a generous island with a second sink, ample prep space, a walk-in pantry, wine cooler, gas cooktop, convection oven, dishwasher, refrigerator, and a convenient pot filler faucet above the range. The dining area is also equipped with an integrated speaker system, enhancing the home’s entertainment experience. An indoor laundry room and two main-level bedrooms add flexibility and ease of living.

Extensive underground plumbing improvements provide added value beyond the home’s visible upgrades, along with approximately $45,000 in included furnishings, games, a pool table, and additional items that make the property truly turnkey.

The backyard is designed for year-round enjoyment, featuring a private in-ground pool and spa with a new pool heater and iAquaLink smartphone control system, seamlessly connected to the detached two-car garage. The garage has been renovated and finished with its own mini-split system, creating a versatile space ideal for a game room, studio, home gym, office, or entertainment area.

Additional improvements include a newer roof, updated HVAC system, driveway, exterior paint, wood flooring, and tankless water heater. Conveniently located near Riverside City College, Downtown Riverside, Mount Rubidoux, shopping, dining, and the historic Mission Inn, this home offers a rare combination of character, modern upgrades, resort-style amenities, and proven versatility.

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THE NEIGHBORHOOD

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3968 Ramona Drive, Riverside, CA 92506

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LOCAL MARKET CONTEXT

Riverside County housing market

See the broader conditions surrounding this property through ERA Brokers Consolidated research.

12-month price trend$609,275Down 0.3% vs. the previous 12 months

Months of supply4.112-month average

Days on market5312-month weighted average

Latest available data: August 2026. Research by ERA Brokers Consolidated.

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These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.

THE DETAILS

The details, all in one place.

Property type: Residential
Category: Residential
Year built: 1940
Full baths: 2
Garage spaces: 2
Cooling: CentralAir,WholeHouseFan
Heating: Central
Appliances: Dishwasher,GasRange,GasWaterHeater,Microwave,Refrigerator,RangeHood,Dryer,Washer
Flooring: Tile,Wood
Utilities: ElectricityConnected,NaturalGasConnected,SewerConnected,WaterConnected
Fencing: Block
Accessibility: SafeEmergencyEgressFromHome
Pool: Yes
Pool features: Heated,Private
Spa: Yes
Zoning: R1065
Parcel: 217191016
HOA fee: $0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—

Estimated monthly rent$3,645.83

Cap rate—

Annual operating income: —

HOA: No HOA cost is included because the listing source reports a $0 fee. Confirm current dues and special assessments before relying on this estimate.

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Purchase price

Rental income & operating costs

Estimated monthly rent

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Vacancy allowance (%) Management fee (%) Maintenance reserve (%) Capital reserve (%)

Annual property tax

Annual insurance

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Monthly HOA

Other monthly costs

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

Down payment (%) Interest rate (%) Loan term

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

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Listing information

MLS #IV26174885 · California Regional MLS

Listing brokerage: KELLER WILLIAMS RIVERSIDE CENT
Listing agent: IRAN MARQUEZ-NAVA

Listing status: Active. Record updated September 10, 2026. Confirm current availability and price with the listing agent.

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 © 2023 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. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.