
Riverside, California 92508
This property presents a High-Potential Investment Opportunity with a List Price of $589,900—positioned well below the $595,007 Fair Market Value by 0.86%. This valuation gap offers $5,107 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home requires cosmetic updates to reach its full potential. Located in the desirable Orange Crest area, it offers access to Top-Rated Schools like Martin Luther King Jr. High. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 19981 Silvercrest Lane Subject 4 bd · 2 ba · 1,480 sqft · $400 | $589,900* List Price | 4 | 2 | 1,480 | $400 | - |
A 19913 Promenade Sold 4 bd · 3 ba · 1,853 sqft · $356 · 0.1 mi | $660,000 | 4 | 3 | 1,853 | $356 | 0.1 mi |
B 19949 Silvercrest Sold 4 bd · 3 ba · 1,853 sqft · $351 · 0.1 mi | $650,000 | 4 | 3 | 1,853 | $351 | 0.1 mi |
C 19972 Windwood Sold 4 bd · 3 ba · 1,800 sqft · $378 · 0.1 mi | $680,000 | 4 | 3 | 1,800 | $378 | 0.1 mi |
D 19727 Westerly Sold 4 bd · 3 ba · 1,800 sqft · $374 · 0.2 mi | $672,500 | 4 | 3 | 1,800 | $374 | 0.2 mi |
E 19949 Saint Francis Sold 4 bd · 3 ba · 1,973 sqft · $350 · 0.3 mi | $690,000 | 4 | 3 | 1,973 | $350 | 0.3 mi |
F 8908 Kentville Street Sold 3 bd · 2 ba · 1,557 sqft · $417 · 0.3 mi | $650,000 | 3 | 2 | 1,557 | $417 | 0.3 mi |
G 19971 Westerly Sold 3 bd · 3 ba · 1,760 sqft · $372 · 0.4 mi | $655,000 | 3 | 3 | 1,760 | $372 | 0.4 mi |
H 19963 Nipoma Court Sold 3 bd · 3 ba · 1,760 sqft · $386 · 0.3 mi | $680,000 | 3 | 3 | 1,760 | $386 | 0.3 mi |
I 8615 Barton Active 3 bd · 2 ba · 1,255 sqft · $506 · 0.1 mi | $635,000 List Price | 3 | 2 | 1,255 | $506 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1992 (32 years old), the property is in original condition and shows significant dating. The kitchen features original oak cabinetry, white tile countertops, and a fluorescent light box, all exceeding the 30-year mark. Interior photos show worn and stained carpeting, and the listing description explicitly notes the need for cosmetic updates to add value, placing it firmly in the 'Fair' category for needing updates and minor repairs.
High School: Martin Luther King Jr. High School (9/10).
Situated in the highly desirable Orange Crest neighborhood, the property offers access to top-tier education, including Martin Luther King Jr. High School (Rating 9) and Benjamin Franklin Elementary (Rating 8).
The functional 4-bedroom, 2-bath single-story floor plan provides broad appeal for families and those seeking long-term accessibility without the inconvenience of stairs.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The interior requires modernizing and personal styling, which will necessitate an immediate post-purchase budget for renovations to bring the home to its full potential.
At 4,792 square feet, the lot is relatively small for a 4-bedroom residence, potentially limiting outdoor recreational space and privacy compared to larger parcels in the area.
Welcome to this wonderful opportunity in the highly desirable Orange Crest area of Riverside! This single-story 4-bedroom, 2-bath home offers 1,480 square feet of living space on a 4,792-square-foot lot and is ideally located near parks, schools, shopping, and everyday conveniences. The thoughtfully designed floor plan offers a comfortable combination of living and gathering spaces, including a welcoming living room, separate family room, and dining area. Four bedrooms provide plenty of flexibility for family, guests, a home office, or additional living needs. This home is ready for its next chapter and presents an excellent opportunity for buyers looking to add their own personal style and updates. With some cosmetic updating, this property has the potential to truly shine and become a wonderful place to call home. Priced at $589,900, this property offers an attractive opportunity to purchase in one of Riverside’s sought-after neighborhoods at a price point that reflects its current condition while allowing room for a buyer to create value through improvements. Enjoy the convenience of Orange Crest living with nearby parks, schools, shopping, dining, and easy access to the amenities of Riverside. Whether you’re a first-time buyer, investor, or someone looking for a single-story home with potential, this is an opportunity worth seeing! Don’t miss your chance to bring your vision to this well-located Orange Crest home and make it your own. Seller willing to give a carpet allowance. Agents please see remarks.
No exterior & parking available.
Grades K-6 • 0.1 mi
Grades K-6 • 0.7 mi
Grades K-6 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,480 | 1,854.896 |
| Lot Size | 4,792 | 8,680.308 |
| Price | $589.9K | $698.4K |
| Price per sq ft | $399 | $380 |
| Built year | 1992 | 1982 |
| HOA | $0 | $156 |
| Days on market | 44 | 57 |
Sep 10, 2026
$589,900
Initial Listing
Jun 8, 2016
$340,000
Public Record
Mar 20, 2014
$315,000
Public Record