1572 Hillcrest, Riverside, California 92501, Riverside, 92501 - 2 bed, 1 bath
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Riverside, California 92501
This property presents a High-Potential Investment Opportunity with a List Price of $585,000—positioned well above the $444,643 Fair Market Value by -31%. While the pricing reflects a premium, the Condition Rating of 4 and historic 1926 charm offer a solid foundation for modernization. The expansive .24-acre lot, featuring a spacious garage and workshop, provides significant utility for value-add projects. Located within the Riverside Unified district, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a project with long-term potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1572 Hillcrest Subject | $585,000* List Price | 2 | 1 | 1,020 | $436 | - |
A 3498 Holding Sold | $510,000 | 2 | 1 | 1,003 | $508 | 0.6 mi |
B 3869 Shamrock Sold | $592,000 | 3 | 3 | 1,097 | $540 | 0.6 mi |
C 3855 Stansell Sold | $600,000 | 3 | 1 | 1,092 | $549 | 0.6 mi |
D 4063 Honeysuckle Street Sold | $639,000 | 3 | 2 | 1,240 | $515 | 0.8 mi |
E 3790 Nuttree Sold | $550,000 | 3 | 2 | 1,154 | $477 | 0.5 mi |
F 3245 Chase Sold | $686,000 | 3 | 2 | 1,250 | $549 | 0.6 mi |
G 3608 Post Active | $514,900 List Price | 3 | 1 | 980 | $525 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1926, this home features a kitchen with some updates like granite countertops and stainless steel appliances, but the cabinetry and floor tiling appear to be 20+ years old. While the home is charming and functional, the overall age and dated interior finishes suggest it is ready for minor cosmetic repairs and system modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10454, living area = 1020.
The property features a generous .24-acre lot with mature citrus trees, rose gardens, and a large patio, offering exceptional outdoor space for gardening and family entertaining.
Built in 1926, this home boasts timeless character with original hardwood floors and a focal point fireplace with a built-in art alcove, providing a warm and inviting atmosphere.
With only 1,020 square feet and a single bathroom, the home's footprint may be restrictive for growing families or those requiring a more modern, spacious layout.
As a nearly century-old structure, the property may require significant ongoing maintenance or updates to electrical, plumbing, and insulation systems to meet modern efficiency standards.
This charming Single story home located on a quiet street with beautiful gardens. This home boast a large lot .24 acre with a spacious garage and another connecting space,a possible workshop. The living room has a focal point fireplace with built-in alcove for art display. The kitchen has a central island nook. Charming vinyl hardwood floors add warmth and beauty to this cozy home. The backyard is nature at its best with roses, Citrus trees, garden area for vegtables and a large, lovley patio is directly off the home and is perfect for family entertaing. It's close to freeway access between Riverside and Grand Terrace.
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades PK-6 • 0.9 mi
Grades PK-6 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,020 | 1,723 |
| Lot Size | 10,454 | 8,712 |
| Price | $585.0K | $676.0K |
| Price per sq ft | $574 | $395 |
| Built year | 1926 | 1977 |
| HOA | $0 | $125 |
| Days on market | 30 | 58 |
Jun 22, 2026
$585,000
Initial Listing