
Riverside, California 92504
This Turnkey Single Family Residence represents a Prime Investment Opportunity, listed at $720,000—positioned well below the $739,091 Fair Market Value by 2%. This valuation gap provides $19,091 in Instant Equity. Featuring a Condition Rating of 2, the home offers a fully renovated interior with modern finishes on a massive 20,038 sqft lot. With its expansive outdoor space and move-in-ready status, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-utility, low-maintenance lifestyle in the Riverside Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16116 Gardner Subject 4 bd · 2 ba · 1,581 sqft · $467 | $720,000* List Price | 4 | 2 | 1,581 | $467 | - |
A 17470 Krameria Avenue Sold 3 bd · 2 ba · 1,740 sqft · $434 · 0.4 mi | $755,000 | 3 | 2 | 1,740 | $434 | 0.4 mi |
B 16430 Everetts Sold 4 bd · 3 ba · 2,176 sqft · $429 · 0.8 mi | $933,000 | 4 | 3 | 2,176 | $429 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a complete, brand-new full renovation (<5 years old). It features a fully remodeled kitchen with new white shaker cabinets and countertops, completely updated bathrooms with modern matte black fixtures, new wide-plank flooring, and recessed lighting throughout, requiring no immediate maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20038, living area = 1581.
The property has undergone a comprehensive interior remodel featuring new wide-plank flooring, recessed lighting, and updated bathrooms with modern matte black fixtures, offering a move-in-ready experience for buyers.
Situated on a massive 20,038-square-foot lot, the property provides significant space for RV parking, outdoor storage, and potential ADU development, offering a level of privacy and utility rarely found in standard residential tracts.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The property was recently sold within the past year on 2026-01-28. The sold price is $490,000.00.
The property listing indicates no specific views, which may be a competitive disadvantage compared to other Riverside properties that offer hillside or city light vistas.
Come see what a full renovation on real land looks like. 16116 Gardner Ave sits on a wide-open Riverside lot with room to breathe: space for the RV, the toys, the garden, whatever you've been waiting to have room for. Inside, the work is done. New wide-plank flooring runs throughout, with recessed lighting and a bright great room that flows right into a kitchen you'll actually want to cook in. There are 4 bedrooms with ceiling fans and 2 fully remodeled baths finished with matte black fixtures, including a primary suite with its own walk-in shower. Outside you'll find an arched front porch, a long covered patio, and a 2 car detached garage. This is a home where someone already did the hard part. All that's left is making it yours. Come walk it.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,581 | 1,854.896 |
| Lot Size | 20,038 | 8,680.308 |
| Price | $720.0K | $698.4K |
| Price per sq ft | $455 | $380 |
| Built year | 1972 | 1982 |
| HOA | $0 | $156 |
| Days on market | 29 | 57 |
Sep 25, 2026
$720,000
Initial Listing
Jan 28, 2026
$490,000
Public Record