
Riverside, California 92508
This Spacious Single-Family Residence represents a Strong Value Opportunity, listed at $735,000—positioned well below the $749,751 Fair Market Value by 2%. This valuation gap offers $14,751 in Instant Equity. With a Fair Condition Rating, the home features a versatile layout with a main-floor bedroom and no HOA or Mello Roos fees. Located near Top-Rated Schools like Martin Luther King Jr. High, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 19284 Krameria Subject | $720,000* List Price | 5 | 3 | 2,328 | $316 | - |
A 19185 Laurenrae Street Sold | $705,000 | 4 | 3 | 1,905 | $370 | 0.3 mi |
B 19320 Totem Court Sold | $657,500 | 3 | 3 | 1,686 | $390 | 0.2 mi |
C 19963 Nipoma Court Sold | $680,000 | 3 | 3 | 1,760 | $386 | 0.9 mi |
D 8634 Cabin Sold | $755,000 | 4 | 3 | 2,696 | $280 | 0.9 mi |
E 19629 Capital Peak Lane Sold | $790,000 | 4 | 2 | 2,470 | $320 | 0.8 mi |
F 9334 Meadow Lane Sold | $815,000 | 4 | 3 | 3,144 | $259 | 0.1 mi |
G 9338 Loquat Drive Active | $770,000 List Price | 5 | 3 | 1,928 | $399 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1992 (32 years old), the property falls into the 'Fair' category as it is over 20 years old and remains largely dated. While the carpets are recent and wood-like flooring has been installed, the visible oak cabinetry, tile work, and fixtures appear original to the 90s construction and require modernization.
High School: Martin Luther King Jr. High School (9/10).
The property is ideally located within walking distance of top-rated schools, including Martin Luther King Jr. High (9/10) and Mark Twain Elementary, making it a prime choice for families.
The absence of HOA fees and Mello Roos assessments provides a significant financial advantage, reducing monthly carrying costs compared to many other homes in the Riverside area.
Built in 1992, the interior finishes and kitchen styling may require cosmetic updates and capital investment to align with contemporary luxury design trends.
With five bedrooms distributed across 2,328 square feet, individual room sizes and common living areas may feel smaller than typical for a home with this high bedroom count.
There is one bedroom on the first level that makes it more comfortable for people with old parents or can be used for other purposes. The other four bedrooms are in second level including the master bedroom and master bath. The property is close to good prestigious Mark Twain Elementary school and Martin Luther King High School. The Freeway, grocery store, parks are not too far. The downstairs floor, stairs and upstaire hallway has woodlike flooring and the bedrooms have carpets less than two years old. The house has a nice kitchen with many cabinets and enough space for a breakfast table. There are central air and heat, a fire place, living room and family room and a formal dining room. There is a sliding door to the back yard with enough space for your dogs to walk etc. The laundry has its own room before the garage. The back yard has a tangerin tree with lots of fruit . There is also a young pomegranate tree and two ornemental trees with good shades, sod, gravels and mulch area added to the beuty of the backyard. Please be mindful when you compare with other homes in the area, this house does not have HOA or Mello Roos. It has three car garage that is very useful as storage and parking cars as well. It is a convenient and good area because of excellent schools and safety.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 1.2 mi
Grades K-6 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 75% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,328 | 2,371 | 47% |
| Lot Size | 7,841 | 7,841 | 50% |
| Price | $720.0K | $748.1K | 31% |
| Price per sq ft | $309 | $325 | 39% |
| Built year | 1992 | 2001 | 35% |
| HOA | $0 | $0 | 50% |
| Days on market | 41 | 155 | 3% |
Jun 11, 2026
$720,000
$735,000
-2% Price Drop
Initial Listing
May 4, 2026
$735,000
Initial Listing
Oct 6, 2015
$395,000
Public Record