
Riverside, California 92505
This Modernized Turnkey Residence is a Prime Investment Opportunity, listed at $689,900—positioned well below the $707,200 Fair Market Value by 2%. This valuation gap offers $17,300 in Instant Equity for the incoming owner. Boasting an Excellent Condition Rating, the home features a remodeled kitchen, mountain views, and a private backyard with a pool and Jacuzzi. A solar panel system secures energy efficiency with minimal utility costs. Located in the Riverside Unified district near Twinhill Elementary, this is an ideal match for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11220 Rogers Subject | $689,900* List Price | 4 | 2 | 1,555 | $455 | - |
A 11246 Schuyler Avenue Sold | $630,000 | 4 | 2 | 1,418 | $444 | 0.6 mi |
B 4847 Hedrick Avenue Sold | $690,000 | 4 | 2 | 1,779 | $388 | 0.8 mi |
C 11680 Richmond Street Sold | $650,000 | 3 | 2 | 1,407 | $462 | 0.6 mi |
D 4389 Drexel Active | $729,500 List Price | 4 | 2 | 1,619 | $451 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1959, the property has undergone a full high-end renovation within the last 5 years. The kitchen and bathrooms are completely remodeled with modern finishes, new flooring and recessed lighting have been installed throughout, and the solar panel system is less than 5 years old, meeting the criteria for mint condition with no immediate maintenance required.
The home features a fully remodeled kitchen and tastefully renovated bathrooms, providing a contemporary, move-in-ready interior that eliminates the need for immediate capital improvements.
A private backyard oasis equipped with both a sparkling pool and a relaxing Jacuzzi offers high-value lifestyle appeal for Southern California's year-round outdoor climate.
Recently installed solar panels provide significant utility savings, reducing the monthly electrical bill to approximately $15 and offering long-term protection against rising energy costs.
The mandatory transfer of the solar panel contract and its associated monthly payments may be a deterrent for buyers who prefer clear titles or have concerns regarding long-term financial obligations.
Several of the assigned public schools in the immediate vicinity carry lower performance ratings, which may impact the property's appeal to families prioritizing high-ranking educational institutions.
Beautifully upgraded 4-bedroom, 2-bath home located in a desirable Riverside neighborhood. This move-in ready property features a fully remodeled kitchen with modern finishes, updated cabinetry, and stylish countertops—perfect for both everyday living and entertaining. Both bathrooms have been tastefully renovated, offering a fresh and contemporary feel. The spacious layout provides comfortable living areas with plenty of natural light throughout. Step outside to your private backyard oasis, complete with a sparkling pool and relaxing Jacuzzi—ideal for enjoying Southern California living year-round. La Sierra University is located less than 1.2 miles away from this Home, Major Shopping Centers are near by, Sky Zone Trampoline Park is also very close. Conveniently located near schools, shopping, dining, and major freeways. A great opportunity you don’t want to miss! **SOLAR PANELS HAVE BEEN INSTALLED LESS THAN 5 YEARS AGO, MONTHLY PAYMENTS OF $53.00 AND ELECTRICAL UTILITY BILL OF AROUND $15.00 MONTHLY.** THEY MUST BE TRANSFERRED TO THE NEW BUYER AND THE REMAINING TIME IS AROUND 10 YEARS. ***
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 0.8 mi
Grades PK-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 59% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,555 | 1,513 | 52% |
| Lot Size | 6,534 | 7,841 | 22% |
| Price | $689.9K | $640.0K | 72% |
| Price per sq ft | $444 | $427 | 60% |
| Built year | 1959 | 1977 | 30% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 172 | 1% |
Apr 17, 2026
$689,900
Initial Listing
Jan 15, 2021
$242,500
Public Record