1615 Ransom, Riverside, California 92506, Riverside, 92506 - 3 bed, 2 bath
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Riverside, California 92506
This vintage Canyon Crest residence represents a High-Potential Investment Opportunity, listed at $725,000—positioned slightly above the $683,889 Fair Market Value. While the home maintains a Condition Rating of 4, its 14,375 sq. ft. lot and prime location near UCR offer significant upside for modernization. The property features a functional layout with dual fireplaces and a spacious patio, providing a solid foundation for value-add renovations. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to build long-term equity through cosmetic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1615 Ransom Subject | $725,000* List Price | 3 | 2 | 1,891 | $362 | - |
A 5593 Malvern Sold | $755,000 | 4 | 2 | 1,900 | $397 | 0.5 mi |
B 980 Country Club Sold | $769,000 | 4 | 2 | 1,976 | $389 | 0.7 mi |
C 1440 Trenton Drive Sold | $752,000 | 4 | 3 | 2,080 | $362 | 0.2 mi |
D 1971 Camden Sold | $728,000 | 4 | 2 | 1,543 | $472 | 0.4 mi |
E 6437 Jaguar Active | $849,000 List Price | 3 | 2 | 1,983 | $428 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, this home is exceptionally well-maintained but remains in mostly original 'vintage' condition. The interior features dated wood paneling, popcorn ceilings, and older kitchen cabinetry. While functional and move-in ready, it requires cosmetic updates and modernization of the kitchen and baths to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14375, living area = 1891.
Situated in one of Riverside's most desirable neighborhoods, the property offers excellent proximity to the Canyon Crest Country Club, UCR, and top-tier shopping and dining.
The generous 14,375 square foot lot provides significant privacy and ample space for outdoor entertaining, gardening, or the potential addition of an ADU.
Built in 1963 and described as having 'vintage character,' the home likely requires significant cosmetic updates and modernization to meet current market standards.
Despite offering nearly 1,900 square feet of living space, the three-bedroom layout may be less competitive for larger families seeking more private rooms.
Offered for the first time, this vintage Canyon Crest residence blends timeless character with incredible potential. This well-maintained home features 3 bedrooms and 2 bathrooms, offering a comfortable and functional layout. Enjoy cozy evenings by the fireplace in both the formal living room and the spacious family room—perfect for relaxing or entertaining. The large backyard provides ample space for outdoor living, gardening, or future possibilities. Ideally located near Canyon Crest Country Club, the University of California, Riverside, as well as convenient shopping and dining options. Low taxes and no HOA make this an exceptional opportunity. Don’t miss it—be sure to explore the 360° tour!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,891 | 1,873 | 51% |
| Lot Size | 14,375 | 9,583 | 69% |
| Price | $725.0K | $725.0K | 50% |
| Price per sq ft | $383 | $392 | 44% |
| Built year | 1963 | 1964 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 134 | 3% |
Apr 22, 2026
$725,000
Initial Listing