20579 Bloomfield, Riverside, California 92508, Riverside, 92508 - 4 bed, 3 bath
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20579 Bloomfield
Riverside, California 92508
ACTIVE
CONDITION: FAIR
4Beds
3Baths
2,240Sq Ft
7,405Lot Size
Property Price
LIST PRICE$650,000
EST. MARKET VALUE
$651,158
SUMMARY
This 4-bedroom, 3-bath Single Family Residence represents a High-Potential Investment Opportunity, listed at a List Price of $650,000—positioned well below the $651,158 Fair Market Value by 0.18%. With a Condition Rating of 4, the property offers $1,158 in Instant Equity for those ready to execute cosmetic updates. Featuring a versatile floor plan and a 3-car garage, this asset is located near high-performing schools like Martin Luther King Jr. High. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value.
Estimated Market Value
$651,158
Based on Realkey algorithm analyzing recent comparable sales in Riverside.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 20579 Bloomfield Subject 4 bd · 3 ba · 2,240 sqft · $291 | $650,000* List Price | 4 | 3 | 2,240 | $291 | - |
A 20696 Brana Sold 4 bd · 3 ba · 2,540 sqft · $297 · 0.3 mi | $755,000 | 4 | 3 | 2,540 | $297 | 0.3 mi |
B 20648 Brana Sold 5 bd · 3 ba · 2,388 sqft · $309 · 0.3 mi | $739,000 | 5 | 3 | 2,388 | $309 | 0.3 mi |
C 20329 Red Poppy Sold 4 bd · 3 ba · 2,165 sqft · $342 · 0.6 mi | $740,000 | 4 | 3 | 2,165 | $342 | 0.6 mi |
D 8742 Feathertop Sold 3 bd · 2 ba · 1,824 sqft · $370 · 0.5 mi | $675,000 | 3 | 2 | 1,824 | $370 | 0.5 mi |
E 8944 Mesa Oak Drive Sold 3 bd · 2 ba · 1,931 sqft · $267 · 0.5 mi | $516,000 | 3 | 2 | 1,931 | $267 | 0.5 mi |
F 20640 Gelman Drive Sold 5 bd · 3 ba · 2,596 sqft · $277 · 0.2 mi | $720,000 | 5 | 3 | 2,596 | $277 | 0.2 mi |
G 8774 Morninglight Sold 4 bd · 3 ba · 2,155 sqft · $339 · 0.2 mi | $730,000 | 4 | 3 | 2,155 | $339 | 0.2 mi |
H 20524 Red Poppy Lane Sold 4 bd · 3 ba · 2,447 sqft · $288 · 0.5 mi | $705,000 | 4 | 3 | 2,447 | $288 | 0.5 mi |
I 20736 Rosedale Drive Active 4 bd · 3 ba · 2,400 sqft · $321 · 0.4 mi | $770,000 List Price | 4 | 3 | 2,400 | $321 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1994 (30 years old), the property is in original condition and the listing explicitly mentions it needs TLC to unlock potential. The interior shows dated finishes such as the brick fireplace and basic laminate flooring, suggesting no major renovations in the last 20+ years, which fits the criteria for needing minor repairs and updates.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Floor Plan
The home features a highly functional layout including a downstairs bedroom and full bathroom, which is ideal for guests, an office, or multi-generational living.
- Significant Equity Potential
Priced to reflect its current condition, this property offers a prime opportunity for investors or handy homeowners to build immediate equity through cosmetic upgrades.
- Enhanced Storage Capacity
The inclusion of a three-car garage provides ample space for multiple vehicles, a workshop, or additional storage, a premium feature for the area.
CONSRISKS & DEFICIENCIES
- Deferred Maintenance
The property is explicitly noted as needing 'TLC,' indicating that buyers will need to budget for immediate repairs and modernization costs.
- Lack of Scenic Views
The listing indicates no specific view, which may be a drawback for buyers seeking the hillside or city light vistas common in certain Riverside neighborhoods.
About 20579 Bloomfield
**Looking for a Great Value with Room to Build Equity? This Is Your Opportunity!** Bring your vision and unlock the potential of this spacious 4-bedroom, 3-bath home in a desirable neighborhood near highly regarded schools. Featuring a flexible floor plan with a downstairs bedroom and full bath, separate living and family rooms, and a spacious primary suite. Additional highlights include a 3-car garage and low-maintenance front landscaping. This home needs some TLC, but offers plenty of space, potential, and an opportunity to make it your own. **A little work could go a long way—don't miss this opportunity!**
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1994
- Lot Size
- 7,405 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
Tomas Rivera Elementary School
Grades K-6 • 0.6 mi
8/10
Benjamin Franklin Elementary School
Grades K-6 • 0.9 mi
8/10
Mark Twain Elementary School
Grades K-6 • 1.7 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 2.2 |
| Square foot | 2,240 | 1,854.896 |
| Lot Size | 7,405 | 8,680.308 |
| Price | $650.0K | $698.4K |
| Price per sq ft | $290 | $380 |
| Built year | 1994 | 1982 |
| HOA | $0 | $156 |
| Days on market | 2 | 57 |
Pricing History
Listed for Sale
Oct 22, 2026
$650,000
Initial Listing