
Riverside, California 92504
This Single-Story Ranch-Style Home presents a High-Potential Investment Opportunity, listed at $650,000—positioned slightly above the $628,870 Fair Market Value. While the property requires modernization, its Fair Condition Rating and massive 23,522 sqft lot offer significant upside for forced appreciation through an ADU or workshop addition. Located in the Riverside Unified School District, this asset provides rare rural charm with immense versatility. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term equity in the coveted Woodcrest community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16425 Gardner Subject | $650,000* List Price | 4 | 2 | 1,540 | $408 | - |
A 16930 Washington Sold | $799,900 | 4 | 2 | 2,054 | $389 | 0.6 mi |
B 16920 Ponderosa Pending | $580,000 List Price | 3 | 2 | 1,164 | $498 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1975, the home has received recent cosmetic updates including new LVP flooring and fresh interior paint, making it move-in ready. However, the kitchen remains in its original 49-year-old condition with dated cabinetry and appliances. While functional, the property requires modernization of the kitchen and bathrooms to meet current standards, placing it in the 'Fair' category due to age and dated core features.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 23522, living area = 1540.
Situated on over a half-acre, the property offers immense flexibility for RV/boat storage, ADU construction, or equestrian use in the desirable Woodcrest community.
Located in a highly sought-after area known for its rural charm, the home is within the top-rated Riverside Unified School District and close to local amenities.
Built in 1975, the property may require cosmetic or system updates to meet modern aesthetic preferences and energy efficiency standards.
With 1,540 square feet distributed across four bedrooms, the individual room sizes or common areas may feel constrained compared to newer developments.
***Welcome to 16425 Gardner Ave*** This Single-Story Ranch-Style Home is Located in the Highly Sought-After Woodcrest Community. **It is Situated on over a 1/2 Acre lot** This 4-bedroom, 2-bathroom Property Offers the Perfect Blend of Country Living and Modern Convenience. Step inside to Discover an Inviting Floor Plan Filled with Lots of Natural Light. The Spacious Great Room Serves as the Heart of the Home, Featuring a Cozy Fireplace that Creates the Ideal Gathering Space for Family and Friends. This Home Provides Ample Space for Comfortable Living. Outside, the Possibilities Are Endless. ~~The Oversized Lot Offers Plenty of Room for RV Parking, Boat Storage, Recreational Vehicles, and All your Outdoor Toys~~ In addition, Enjoy Having your own Mature Pomegranate Tree and Olive Tree. Whether You Envision adding a Sparkling Pool, Building an ADU for Extended Family or Rental Income, Creating a Workshop, or Designing Your Dream Outdoor Retreat, This Property Provides the Space and Flexibility to Bring Your Vision to Life. Equestrian Enthusiasts will Appreciate The Horse-property Potential and The Opportunity to Enjoy the Rural Charm that Makes Woodcrest such a Desirable Place to Call Home. The Property is Conveniently Located Near Shopping, Restaurants and a Highly Rated Riverside Unified School District. This Property Offers a Combination of Space, Versatility, and Location. ~~Don't Miss Your Opportunity to Own a Slice of Woodcrest's Coveted Lifestyle with Room to Grow, Play, and Create the Property of Your Dreams~~ Call to Schedule a Private Tour!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 52% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,540 | 1,470 | 53% |
| Lot Size | 23,522 | 8,276 | 72% |
| Price | $650.0K | $619.0K | 60% |
| Price per sq ft | $422 | $424 | 49% |
| Built year | 1975 | 1960 | 60% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 162 | 1% |
May 30, 2026
$650,000
Initial Listing