
Riverside, California 92504
This Value-Add Residential Asset is listed at $775,000, following strategic price adjustments to align with its $728,620 Fair Market Value. Currently holding a Condition Rating of 4, the property offers a functional 4-bedroom layout across 2,442 sq. ft. near local schools. The standout feature is the 39,204 sq. ft. lot, providing rare utility for RV parking, a patio, and ADU expansion potential. With comparable area sales exceeding $900,000 for modernized estates, this property offers significant upside for Fix-and-Flip Investors or Owner-Occupants looking to build equity through targeted capital improvements.
Property is moderate renovation needed.
Built in 1980, this property is aged but functional. While the home offers a spacious layout, the description and property analysis highlight 'dated infrastructure' and a 'functional' kitchen rather than a renovated one, suggesting original or older finishes. The significant price history adjustments and the recent sale price of $615,000 compared to the current list price indicate the home likely requires cosmetic updates and modernizing to meet current market standards for a 'good' condition rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 38333, living area = 2442.
The property sits on a massive 39,204 sq. ft. lot, offering rare space for RV parking, potential ADU expansion, or a private backyard oasis.
With 2,442 sq. ft. of interior space and four bedrooms, this home provides a spacious and functional open floor plan suitable for large families.
The property was recently sold within the past year on 2025-09-24. The sold price is $615,000.00.
The history of seven consecutive price adjustments suggests the property has struggled to gain traction, which may lead to buyer concerns regarding its initial overpricing or underlying condition.
Built in 1980, the home may require capital improvements or modern cosmetic updates to meet the expectations of contemporary buyers looking for move-in-ready features.
Spacious 4-bedroom, 2-bathroom home in a desirable Riverside location. This property offers 2,442 sq. ft. of living space on an expansive 39,204 sq. ft. lot. Features include an open floor plan, large living and dining areas, and a functional kitchen with ample storage. The primary suite offers comfort and privacy with an ensuite bathroom. Additional highlights include a 2-car garage, plenty of outdoor space for entertaining, and potential for RV parking or future expansion. Conveniently located near schools, shopping, and freeway access. A great opportunity to own a large home on a generous lot in Riverside!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 54% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,442 | 1,522 | 80% |
| Lot Size | 38,333 | 8,276 | 76% |
| Price | $775.0K | $620.0K | 76% |
| Price per sq ft | $317 | $414 | 8% |
| Built year | 1980 | 1960 | 74% |
| HOA | $0 | $0 | 50% |
| Days on market | 174 | 198 | 37% |
Feb 24, 2026
$775,000
$779,999
-1% Price Drop
Initial Listing
Jan 16, 2026
$779,999
$785,000
-1% Price Drop
Initial Listing
Jan 3, 2026
$785,000
$795,000
-1% Price Drop
Initial Listing
Dec 3, 2025
$795,000
$800,000
-1% Price Drop
Initial Listing
Nov 21, 2025
$800,000
$825,000
-3% Price Drop
Initial Listing
Nov 10, 2025
$825,000
$850,000
-3% Price Drop
Initial Listing
Oct 30, 2025
$850,000
Initial Listing
Sep 24, 2025
$615,000
Public Record
Sep 17, 2003
$352,000
Public Record