19124 Glenwood Avenue, Riverside, California 92508, Riverside, 92508 - 4 bed, 2 bath
19124 Glenwood Avenue
Riverside, California 92508
Property Price
SUMMARY
Analysis of 19124 Glenwood Avenue, Riverside, California 92508 reveals a property with a current list price of $710,000, which is 4% above the estimated $677,456 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Riverside Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 19124 Glenwood Avenue Subject | $710,000* List Price | 4 | 2 | 1,700 | $399 | - |
A 17180 Wood Road Sold | $712,000 | 3 | 2 | 1,561 | $456 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property is in fair condition, having received a recent cosmetic refresh including new carpet, fresh interior and exterior paint, and a new water heater. However, the kitchen and bathrooms remain dated with older tile countertops, basic cabinetry, and older white appliances. While move-in ready and well-maintained for its 1934 build date, the home lacks the modern structural and stylistic updates required for a higher rating.
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 = 36155, living area = 1700.
- Expansive Lot Potential
The massive 36,155 sq ft lot offers exceptional versatility for future development, including ADUs, workshops, RV parking, or home-based business facilities.
- Recent Cosmetic Refresh
The property features fresh interior and exterior paint, new carpeting, and a new water heater, providing a clean and move-in-ready environment for the new owner.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1700, other record living area = 1450. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Vintage Infrastructure
Built in 1934, the property's age may require future investments in underlying systems like plumbing or electrical that go beyond the recent cosmetic updates.
- Lack of Scenic Views
The property does not offer any significant views, which may be a disadvantage compared to other residential listings in the Riverside area that feature hillside or city light vistas.
About 19124 Glenwood Avenue
4-bedroom, 2-bath home offering 1,700 sq ft of living space on an expansive 36,155 sq ft lot. Horse property!! Recently refreshed and nicely updated. Interior and exterior freshly painted, new carpet installed, and new water heater. Functional floor plan with spacious living areas and generously sized bedrooms. Oversized lot provides room for potential expansion, ADU, RV parking, workshop, pool, home-based business, or other improvements. (buyer to verify with city). Conveniently located near schools, shopping, dining, and major freeways. A rare chance to secure a large lot with multiple possibilities.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1934
- Lot Size
- 36,155 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 19% |
| Square foot | 1,700 | 2,575 | 11% |
| Lot Size | 36,155 | 8,276 | 90% |
| Price | $710.0K | $756.3K | 27% |
| Price per sq ft | $418 | $308 | 89% |
| Built year | 1934 | 2001 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 204 | 1% |
Pricing History
Listed for Sale
Feb 26, 2026
$710,000
Initial Listing