
Riverside, California 92507
This 1926 residence represents a Strong Value Opportunity, listed at $539,900—positioned well below the $504,024 Fair Market Value by -7%. While the property maintains a Condition Rating of 4, its vintage architectural integrity and expansive 7,405-square-foot lot offer significant potential for modernization and ADU development. Located within the Riverside Unified School District, this asset provides a stable entry point for Buy-and-Hold Investors or first-time buyers seeking to build long-term equity through strategic renovations and interior updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2041 Blenheim Subject | $499,000* List Price | 2 | 1 | 1,260 | $390 | - |
A 2993 Lecil Street Active | $539,000 List Price | 3 | 1 | 1,315 | $410 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This 1926 home features renovations that appear to be 20-30 years old. While well-maintained, the kitchen has dated oak cabinetry and tile counters, and the bathroom fixtures are aging. The presence of wall heaters and older carpeting suggests that systems and interior finishes require modernization to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1260.
Built in 1926, this home offers unique vintage character and architectural integrity that is highly valued in Riverside’s established neighborhoods.
The 7,405-square-foot lot provides ample outdoor space for gardening, entertaining, or the potential development of an Accessory Dwelling Unit (ADU).
The 2-bedroom, 1-bathroom configuration may be a drawback for families or buyers seeking a primary suite or modern convenience.
Due to its 1926 construction, the property may require significant investment in updating older electrical, plumbing, or HVAC systems to meet modern standards.
Price adjustment so come take a look & see the possibilities. Backyard is so fun & full of life with lots of plants & with the small single car garage turned into a separate little chill spot. COME CHECK THIS GREAT HOUSE OUT!!!THIS 2 BEDROOM 2 BATH HOUSE IS PERFECT FOR YOUR FAMILY.!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 9% |
| Baths | 1.0 | 2.0 | 10% |
| Square foot | 1,260 | 1,652 | 19% |
| Lot Size | 7,405 | 8,276 | 45% |
| Price | $499.0K | $640.0K | 12% |
| Price per sq ft | $396 | $395 | 50% |
| Built year | 1926 | 1973 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 178 | 1% |
Jun 4, 2026
$499,000
$539,900
-8% Price Drop
Initial Listing
May 12, 2026
$539,900
Initial Listing