20228 June Court, Riverside, California 92508, Riverside, 92508 - 4 bed, 3 bath
20228 June Court
Riverside, California 92508
Property Price
SUMMARY
Analysis of 20228 June Court, Riverside, California 92508 reveals a Prime Investment Opportunity with a current list price of $729,000—significantly undercutting the $764,529 Fair Market Value by 4%. This valuation gap indicates a +$35,529 Instant Equity potential for buyers. 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 |
|---|---|---|---|---|---|---|
★ 20228 June Court Subject | $729,000* List Price | 4 | 3 | 2,784 | $275 | - |
A 20611 Bakal Drive Sold | $690,000 | 4 | 3 | 2,540 | $272 | 0.5 mi |
B 19829 Adirondack Sold | $850,000 | 4 | 3 | 2,606 | $326 | 0.5 mi |
C 20779 Burlington Sold | $765,000 | 5 | 3 | 2,950 | $259 | 0.8 mi |
D 8748 Mesa Oak Drive Sold | $675,000 | 4 | 3 | 2,155 | $313 | 0.6 mi |
E 19550 Rotterdam Sold | $730,000 | 4 | 3 | 2,447 | $298 | 0.7 mi |
F 19458 Hebron Sold | $738,000 | 4 | 4 | 2,679 | $275 | 0.7 mi |
G 8470 Lindenhurst Active | $800,000 List Price | 4 | 3 | 2,606 | $307 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1991, the property appears to be in mostly original condition with significant dated elements. The kitchen features 1990s-style oak cabinetry, white tile countertops, and older white appliances. Bathrooms retain original fixtures, including brass-trimmed shower enclosures and carpeted vanity areas. The seller's offer of a $5,000 flooring credit indicates that the current flooring is at the end of its lifespan. While the home is functional and shows signs of regular maintenance, it requires cosmetic updates and modernization to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Martin Luther King Jr. High School (9/10).
- Premier Location & Schools
Situated in the highly sought-after Orangecrest neighborhood with no HOA and low taxes, the home is zoned for top-tier schools including Martin Luther King Jr. High and Tomas Rivera Elementary.
- Versatile & Spacious Layout
The 2,784 sq. ft. floor plan features vaulted ceilings, a rare downstairs bedroom ideal for guests, and a three-car garage, offering significant functional appeal for large families.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2784, other record living area = 2200.
- Required Cosmetic Updates
The specific allocation for a flooring credit and the 1991 build date suggest the interior may require modernizing and immediate aesthetic improvements to meet current market standards.
- Pricing Volatility
The rapid succession of six price decreases since the initial listing may indicate previous overpricing or difficulty in securing a firm offer, which could affect future appraisal confidence.
About 20228 June Court
This beautiful, four bedroom 2 1/2 bath home offering 2200 + sq feet in the highly desirable ORANGE CREST Neighborhood. NO HOA, low taxes, and close proximity to top rated schools, parks, and shopping. This property is ideal for first time homebuyers and families. The home has vaulted ceilings, with lots of windows, filling the home with natural light. There is a spacious living room, formal dining room, and a nice size family room complete with a brick fireplace. There are three bedrooms upstairs and one very nice size bedroom downstairs. There’s direct access to the three car garage with washer and dryer. The Primary Bedroom has a spa inspired en suite bathroom with dual vanities, a walk-in shower, soaking tub and a generous walk-in closet. There are THREE additional bedrooms, and a second full bath with dual sinks upstairs. The Property has a covered patio in the backyard, along with grassy areas. Seller allocation at COE in the amount of $5,000 for flooring. Seller is motivated so Make this home yours!!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1991
- Lot Size
- 6,970 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Riverside Unified Schools
Benjamin Franklin Elementary School
Grades K-6 • 0.4 mi
Tomas Rivera Elementary School
Grades K-6 • 0.6 mi
John F. Kennedy Elementary School
Grades K-6 • 1.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,784 | 2,584 | 60% |
| Lot Size | 6,970 | 8,276 | 32% |
| Price | $729.0K | $756.3K | 34% |
| Price per sq ft | $262 | $308 | 17% |
| Built year | 1991 | 2001 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 204 | 1% |
Pricing History
Listed for Sale
Feb 28, 2026
$729,000
$739,000
-1% Price Drop
Initial Listing
Price Change
Feb 26, 2026
$739,000
$749,000
-1% Price Drop
Initial Listing
Price Change
Feb 22, 2026
$749,000
$769,000
-3% Price Drop
Initial Listing
Price Change
Feb 19, 2026
$769,000
$799,000
-4% Price Drop
Initial Listing
Price Change
Feb 12, 2026
$799,000
Initial Listing
Price Change
Feb 11, 2026
$835,000
Initial Listing