1134 W Blaine, Riverside, California 92507, Riverside, 92507 - 1 bed, 1 bath
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1134 W Blaine
Riverside, California 92507
ACTIVE
CONDITION: POOR
1Beds
1Baths
489Sq Ft
500Lot Size
Property Price
LIST PRICE$300,000
EST. MARKET VALUE
$272,100
10% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $300,000—positioned well below the $272,100 Fair Market Value by -10%. While the unit carries a Poor Condition Rating due to its 37-year age, its proximity to UC Riverside creates significant rental demand. The compact 489 sqft layout requires strategic renovation to maximize utility. This asset is best suited for Buy-and-Hold Investors targeting student housing or first-time buyers seeking an affordable entry point into the Riverside market.
Estimated Market Value
$272,100
Based on Realkey algorithm analyzing recent comparable sales in Riverside.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1134 W Blaine Subject | $300,000* List Price | 1 | 1 | 489 | $556 | - |
A 1136 W Blaine Street 203 Active | $225,000 List Price | 0 | 1 | 489 | $460 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1987, the property is 37 years old, placing it in the poor category based on the age criteria (>30y). At this age, original kitchens, bathrooms, and major systems like HVAC and electrical are typically at the end of their functional lifespan and require significant rehab or updates.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Investment Location
Located in the 92507 zip code near UC Riverside, this property offers significant rental potential and high demand from students and university faculty.
- Entry-Level Affordability
Priced at $300,000, this condominium represents a rare and accessible entry point into the Southern California real estate market for first-time buyers or budget-conscious investors.
- Multi-Bedroom Versatility
Despite its compact size, the two-bedroom configuration provides essential flexibility for roommates or a dedicated home office, maximizing the functional utility of the unit.
CONSRISKS & DEFICIENCIES
- Extremely Limited Square Footage
At only 489 square feet for a two-bedroom unit, the living space is exceptionally small, which may feel cramped and limit the property's appeal to a narrower buyer pool.
- High Monthly Carrying Costs
The $422 monthly association fee is relatively high in proportion to the list price, which increases the total monthly obligation and may impact the overall return on investment.
About 1134 W Blaine
Exceptional opportunity in Riverside. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1987
- Lot Size
- 500 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $422.0 / Month
Neighborhood Insights
Riverside Unified Schools
Highland Elementary School
Grades PK-6 • 0.6 mi
2/10
University Heights Middle School
Grades 7-8 • 0.3 mi
3/10
John W. North High School
Grades 9-12 • 0.6 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 489 | 1,143.641 |
| Lot Size | 500 | 1,329.769 |
| Price | $300.0K | $397.1K |
| Price per sq ft | $613 | $365 |
| Built year | 1987 | 1982 |
| HOA | $422.0 | $377 |
| Days on market | 41 | 58 |
Pricing History
Listed for Sale
Jul 30, 2026
$300,000
Initial Listing
Sold
Oct 11, 2012
$66,000
Public Record
Sold
Jul 20, 2009
$65,000
Public Record
Sold
Jul 20, 2009
$65,000
Public Record
Sold
Mar 31, 2006
$153,000
Public Record