
Riverside, California 92503
This Single Family Residence presents a High-Potential Investment Opportunity with a List Price of $650,000—positioned well below the $650,033 Fair Market Value by 0.01%. Featuring a Fair Condition Rating, the property requires cosmetic updates, including paint and flooring, to maximize its value. The home offers a functional layout with a private pool and is located within the Alvord Unified district, near high-rated schools like Lake Hills Elementary. This is an ideal acquisition for Fix-and-Flip Investors or first-time buyers seeking to build equity through strategic renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12031 E Sun Canyon Subject | $650,000* List Price | 3 | 3 | 1,824 | $356 | - |
A 12740 Tehama Circle Sold | $720,000 | 4 | 3 | 1,847 | $390 | 0.8 mi |
B 12840 Mayflower Court Sold | $636,000 | 3 | 3 | 1,466 | $434 | 0.8 mi |
C 16210 Hidden Cove Sold | $680,000 | 3 | 3 | 1,757 | $387 | 0.2 mi |
D 3370 Hollowood Court Sold | $643,900 | 4 | 3 | 1,500 | $429 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1994 (30 years old), the property is at the age where original systems and finishes are dated. The listing explicitly states it needs TLC, specifically new paint and flooring, and is positioned as an opportunity for upgrades, which aligns with the 'Fair' criteria for a functional but dated home needing minor repairs.
The property includes a private pool and a large driveway, offering a highly desirable outdoor feature for the Riverside climate and ample space for guest parking.
Featuring 1,824 sqft with an open-concept kitchen flowing into the living room, the home offers a contemporary floor plan that is ideal for both daily living and entertaining.
The home is conveniently located within a mile of several schools, most notably Lake Hills Elementary which boasts a high rating of 8, adding significant value for families.
The listing explicitly mentions the need for 'TLC,' specifically new paint and flooring, which requires the buyer to budget for immediate post-sale renovation costs.
With a lot size of 4,792 sqft and a pool already installed, there is very little remaining yard space for gardening, play areas, or other outdoor activities.
INCREDIBLE opportunity to turn this property into your dream home!! Must See! This1,824 sqft home features 3 bedrooms and 3bathrooms with a unique layout and 4,791 sqft lot with pool. There is an attached 2 car garage with a large driveway. Home is well maintained but needs TLC consisting of new paint and flooring. Open kitchen to living room. Close to schools, freeway, and shops. Home has a great layout, ready for your personal touches & upgrades!
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades K-5 • 1.0 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 47% |
| Baths | 3.0 | 2.0 | 54% |
| Square foot | 1,824 | 1,642 | 56% |
| Lot Size | 4,792 | 7,841 | 8% |
| Price | $650.0K | $660.0K | 48% |
| Price per sq ft | $356 | $391 | 33% |
| Built year | 1994 | 1983 | 66% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 153 | 2% |
Jun 7, 2026
$650,000
Initial Listing
Jun 5, 2026
$675,000
Initial Listing
Dec 16, 1994
$155,500
Public Record