16340 Suttles Drive, Riverside, California 92504, Riverside, 92504 - 4 bed, 2 bath
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16340 Suttles Drive
Riverside, California 92504
ACTIVE
CONDITION: POOR
4Beds
2Baths
2,476Sq Ft
37,462Lot Size
Property Price
LIST PRICE$775,000
EST. MARKET VALUE
$745,339
3% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $775,000—positioned well above the $745,339 Fair Market Value by 3%. While currently priced above market, the massive 37,462-square-foot lot and ADU potential provide significant long-term value-add. The home carries a Condition Rating of 5, indicating a need for comprehensive cosmetic updates. Featuring a City Lights view and a private spa, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants capable of executing a full-scale renovation to unlock the property's true equity.
Estimated Market Value
$745,339
Based on Realkey algorithm analyzing recent comparable sales in Riverside.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16340 Suttles Drive Subject 4 bd · 2 ba · 2,476 sqft · $301 | $775,000* List Price | 4 | 2 | 2,476 | $301 | - |
A 16872 Iris Sold 3 bd · 2 ba · 2,950 sqft · $271 · 0.4 mi | $800,000 | 3 | 2 | 2,950 | $271 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1976 (48 years old) with no mention of recent renovations. Interior photos show original 1970s features including popcorn ceilings, mirrored walls, and dated wallpaper, indicating the home needs a full cosmetic rehab and likely system updates.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 37462, living area = 2476.
- Expansive Lot and ADU Potential
The massive 37,462-square-foot lot offers extraordinary outdoor space, including a sports court and spa, with ample room for gardening or constructing Accessory Dwelling Units (ADUs).
- Prime Woodcrest Location
Situated in the highly desirable Woodcrest community, the property provides a sought-after blend of suburban tranquility, city light views, and convenient access to Southern California amenities.
CONSRISKS & DEFICIENCIES
- Garage Conversion
The conversion of the original garage into living space may be a disadvantage for buyers who prioritize enclosed vehicle storage or traditional workshop areas.
- Market Stagnation and Pricing
With 51 days on the market and a recent $50,000 price reduction, the property's initial valuation may have been misaligned with current market conditions or buyer expectations regarding its 1976 vintage.
About 16340 Suttles Drive
Nestled in the highly desirable Woodcrest community of Riverside!!! Offers the perfect blend of suburban tranquility and convenient access to the best Southern California has to offer. This expansive single-story home delivers 2,476 square feet of comfortable. The double doors entrance leads to the main family room with chimney, separate living room, dining room, kitchen, garage conversion, four bedrooms, two bathrooms, plus extra covered family room. Ideal for families seeking room to grow. Sitting on an impressive 37,462-square-foot lot, this property provides extraordinary outdoor space for entertaining, gardening. L shape smooth finish stucco block wall and columns, caps and iron work, sufficient parking spaces for cars and RVs. The backyard features a basketball or tennis slap concrete court, spa and plenty of space to build your dream backyard or ADUs. This is a rare opportunity to own a spacious, well-established home with the land and lifestyle that Riverside living is known for.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1976
- Lot Size
- 37,462 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 2.2 |
| Square foot | 2,476 | 1,854.896 |
| Lot Size | 37,462 | 8,680.308 |
| Price | $775.0K | $698.4K |
| Price per sq ft | $313 | $380 |
| Built year | 1976 | 1982 |
| HOA | $0 | $156 |
| Days on market | 52 | 57 |
Pricing History
Listed for Sale
Oct 6, 2026
$775,000
$825,000
-6% Price Drop
Initial Listing
Price Change
Sep 2, 2026
$825,000
Initial Listing
Sold
Jan 4, 2019
$450,000
Public Record