
Riverside, California 92504
This property presents a High-Potential Investment Opportunity with a List Price of $649,900—positioned slightly above the $633,891 Fair Market Value. While the property requires a full renovation due to its Condition Rating of 5, the massive 1.73-acre lot provides significant upside for redevelopment or expansion. The expansive footprint and private setting offer a blank canvas for value-add strategies. This asset is best suited for Fix-and-Flip Investors or Contractors capable of managing a comprehensive restoration project in the Riverside Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16801 Sendero Del Charro Subject | $649,900* List Price | 4 | 2 | 2,450 | $259 | - |
A 17386 Sage Avenue Sold | $675,000 | 5 | 3 | 2,192 | $308 | 0.7 mi |
B 17386 Sage Avenue Sold | $675,000 | 0 | 0 | 2,192 | $308 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1976 (48 years old) and requires a full renovation. The interior shows significant neglect with holes in the drywall, a non-functional kitchen with missing appliances, and damaged flooring. The listing confirms it likely won't qualify for conventional financing, indicating it is currently uninhabitable and needs a complete rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 72745, living area = 2450.
The property sits on a massive 1.73-acre lot (72,745 sq. ft.), offering exceptional privacy and significant potential for outdoor amenities, equestrian use, or additional structures.
With 2,450 square feet of living space, this home provides a substantial footprint for investors or contractors to redesign and maximize equity through a full renovation.
The property is in need of a complete restoration, which will require a significant capital investment and a comprehensive construction timeline to make it habitable.
Due to its current distressed condition, the home likely will not qualify for conventional or FHA financing, restricting the buyer pool primarily to cash or hard-money investors.
Investor Opportunity on 1.73 Acres! Great opportunity for investors, contractors, or cash buyers looking for a property with significant potential. Situated on approximately 1.73 acres (72,745 sq. ft. lot), this 4-bedroom, 2-bath home offers approximately 2,450 sq. ft. of living space in a private and desirable setting. The property is vacant and in need of a full renovation, providing an excellent opportunity for the right buyer to restore, redesign, and maximize its potential. Due to the property's current condition, cash offers are preferred, as the property may not qualify for conventional or FHA financing. The expansive lot, privacy, and location are some of the property's strongest features. Must see the property and surrounding area to fully appreciate the possibilities. Property is being sold in its present condition.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 2.3 |
| Square foot | 2,450 | 1,867.892 |
| Lot Size | 72,745 | 8,787.773 |
| Price | $649.9K | $692.3K |
| Price per sq ft | $265 | $386 |
| Built year | 1976 | 1980 |
| HOA | $0 | $151 |
| Days on market | 14 | 55 |
Aug 26, 2026
$649,900
Initial Listing
Sep 13, 2018
$415,000
Public Record