
Riverside, California 92503
This Unfinished 2024 New Construction represents a strategic Value-Add Asset listed at $680,000, relative to a $518,825 Fair Market Value. Despite its Unfinished Condition Rating, the property offers a modern structural foundation featuring Mountain and City Light Views and a 1,680 sqft open-concept layout. Situated in the Riverside Unified District with no HOA fees, the residence requires significant capital investment for interior completion and landscaping to reach habitability. This is an ideal project for Fix-and-Flip Investors or Contractors seeking to finalize a high-quality new build for market resale.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13024 Via Verrazano Subject | $680,000* List Price | 3 | 3 | 1,680 | $309 | - |
A 5347 Crest Active | $580,000 List Price | 4 | 2 | 1,455 | $399 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Although the property is a 2024 new build, it is an unfinished construction project being sold 'as-is.' It lacks essential components for habitability, including all kitchen appliances, finished flooring on the stairs, and complete light fixtures. The exterior remains a dirt lot with unfinished steps, requiring substantial rehabilitation and capital investment to reach a move-in ready state.
Built in 2024, this home offers the structural integrity and modern design standards of a brand-new build, providing a fresh canvas for the owner.
The property is located in an area with remarkably low taxes and no HOA fees, offering significant long-term monthly savings compared to similar new developments.
The home features impressive views of the mountains, hills, and city lights, providing a serene backdrop from the primary suite and secondary bedrooms.
The property is being sold 'as-is' and requires the buyer to complete the construction, which involves additional capital and project management.
Because the home is unfinished, it may not qualify for traditional conventional or FHA financing, likely requiring a cash buyer or a specialized construction loan.
Beyond the purchase price, the buyer must be prepared for immediate expenses related to permits, labor, and materials to make the home habitable.
BEING SOLD AS-IS WHERE-IS. BUYER TO FINISH. SUBMIT YOUR BEST OFFER! Large kitchen open to the living room with windows overlooking the large backyard. Upstairs, you'll find three generously sized bedrooms, each with glimpses of mountain views, along with a convenient laundry area and a second, upgraded hall bathroom. The primary suite is a true retreat, offering ample space for a sitting area and boasting a luxurious tiled walk-in shower. Best of all, this home is located in a neighborhood with remarkably low taxes and no HOA fees—an incredible find for new construction!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 43% |
| Baths | 3.0 | 2.0 | 51% |
| Square foot | 1,680 | 1,634 | 52% |
| Lot Size | 6,534 | 7,623 | 28% |
| Price | $680.0K | $660.0K | 54% |
| Price per sq ft | $405 | $391 | 55% |
| Built year | 2024 | 1986 | 96% |
| HOA | $0 | $0 | 50% |
| Days on market | 70 | 180 | 12% |
Feb 11, 2026
$680,000
Initial Listing
Sep 7, 2023
$470,000
Public Record
Feb 1, 2022
$125,000
Public Record
Nov 12, 2004
$800,000
Public Record