1045 Amarillo Court, Riverside, California 92501, Riverside, 92501 - 4 bed, 3 bath
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Riverside, California 92501
This property presents a High-Potential Investment Opportunity with a List Price of $615,000—positioned well below the $630,699 Fair Market Value by 2%. This valuation gap offers $15,699 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home requires cosmetic TLC but offers significant upside with its Pool & Spa and 9,148 sq ft lot. Ideally located near UC Riverside and major freeways, this is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1045 Amarillo Court Subject | $615,000* List Price | 4 | 3 | 1,829 | $345 | - |
A 3826 Stansell Drive Sold | $585,000 | 4 | 2 | 1,743 | $336 | 0.7 mi |
B 4110 Jenkins Sold | $620,000 | 4 | 3 | 2,130 | $291 | 0.7 mi |
C 3306 Debbie Lane Sold | $451,000 | 4 | 2 | 1,404 | $321 | 0.9 mi |
D 1650 N Orange Sold | $535,000 | 3 | 2 | 1,628 | $329 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2000, this 24-year-old property is past the 20-year mark for original systems and finishes. The listing explicitly mentions the need for 'TLC' and features dated oak cabinets, placing it firmly in the 'Fair' category as it requires cosmetic updates and minor repairs to be modernized.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9148, living area = 1829.
The property features a sparkling pool, spa, and covered patio on an expansive 9,148 square foot lot, offering a premium outdoor living space rarely found at this price point.
Ideally situated within 3.5 miles of Downtown Riverside and UC Riverside, with immediate access to the 60, 215, and 91 freeways, making it perfect for commuters and university staff.
The listing explicitly mentions the need for 'TLC,' suggesting that immediate investment in repairs or aesthetic updates will be necessary upon possession.
While some nearby schools are rated well, several assigned middle and elementary schools in the immediate area have lower performance ratings, which may concern education-focused families.
Unbeatable Price! Riverside home with pool & spa, 1829 sf of living space, two-story SFR on an expansive 9,148 square foot lot. Featuring 4 generously sized bedrooms all located upstairs, 2. 5 bathrooms. The main level offers welcoming layout with living room, family room with cozy fireplace, dining area and kitchen with granite counters and oak cabinets. A a separate laundry room adds everyday convenience. All bedrooms are upstairs. With a little TLC, this will be a magnificent home. Step outside to a beautifully landscaped backyard that truly sets this property apart. Enjoy your own private oasis complete with a sparkling pool and spa, plus a covered patio—perfect for outdoor dining, entertaining, or simply unwinding in comfort year-round. Downtown Riverside 2.1 mi, Riverside Comm.College 2.2 mi, UC Riverside 3.5 mi, bus stop 5 min. Easy access to 60, 215 and 91 Freeways. Great family home for a growing family.
No exterior & parking available.
Grades PK-6 • 0.8 mi
Grades PK-6 • 1.0 mi
Grades PK-6 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 72% |
| Baths | 3.0 | 2.0 | 63% |
| Square foot | 1,829 | 1,403.5 | 65% |
| Lot Size | 9,148 | 7,405 | 65% |
| Price | $615.0K | $579.0K | 59% |
| Price per sq ft | $336 | $380 | 39% |
| Built year | 2000 | 1958 | 74% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 170 | 2% |
Jun 4, 2026
$615,000
Initial Listing
Jan 12, 2001
$160,000
Public Record