11578 Flower Street, Riverside, California 92505, Riverside, 92505 - 3 bed, 3 bath
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Riverside, California 92505
This property presents a High-Potential Investment Opportunity with a List Price of $610,000—positioned well below the $519,869 Fair Market Value by -17%. While the property is currently priced above the estimated market value, its Condition Rating of 5 and 1958 build date signal a clear value-add project. The large 7,841-square-foot lot and proximity to the 91 freeway and La Sierra University provide strong fundamentals for long-term appreciation. This is an ideal acquisition for Fix-and-Flip Investors or first-time buyers capable of executing a full-scale renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11578 Flower Street Subject | $610,000* List Price | 3 | 3 | 1,385 | $375 | - |
A 11251 Westfall Sold | $565,000 | 3 | 3 | 1,456 | $388 | 0.8 mi |
B 4526 Lyon Sold | $605,000 | 3 | 2 | 1,418 | $427 | 0.9 mi |
C 5210 Dresden Place Active | $660,000 List Price | 4 | 2 | 1,619 | $408 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1958 (66+ years old) with no evidence of recent renovations in the description or photos. The exterior shows significant deferred maintenance, including overgrown vegetation, dated windows, and aging siding. Given the age and lack of updates, the home likely requires a full rehab of the kitchen, bathrooms, and major systems like HVAC and electrical to meet modern safety and functional standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1385.
The property is ideally situated just minutes from the 91 freeway and in close proximity to La Sierra University, making it a prime choice for commuters and academic professionals.
The generous 7,841-square-foot flat lot provides ample outdoor space for recreation, gardening, or potential future expansions such as an ADU.
With 59 days on the market and a recent price reduction, the property may be struggling to compete with newer or more aggressively priced listings in the area.
Built in 1958, the home likely requires modernization of its original systems and cosmetic updates to meet the expectations of today's buyers.
3 bedroom and 2 bath home nestled in an established Riverside neighborhood. Conveniently located ONLY minutes away from the 91 freeway perfect for commuters. Schools and parks are within a short distance including La Sierra University. Perfect for first-time homebuyers! This home has a large flat lot and a good-sized enclosed patio. Direct access 2 car garage!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades PK-5 • 0.9 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 71% |
| Square foot | 1,385 | 1,555 | 38% |
| Lot Size | 7,841 | 7,841 | 50% |
| Price | $610.0K | $654.0K | 30% |
| Price per sq ft | $440 | $409 | 62% |
| Built year | 1958 | 1977 | 24% |
| HOA | $0 | $0 | 50% |
| Days on market | 88 | 167 | 17% |
Apr 15, 2026
$610,000
$620,000
-2% Price Drop
Initial Listing
Mar 22, 2026
$620,000
Initial Listing
May 23, 2018
$370,000
Public Record
May 23, 2012
$182,000
Public Record
Feb 27, 1996
$114,000
Public Record