20667 Bakal, Riverside, California 92508, Riverside, 92508 - 4 bed, 3 bath
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20667 Bakal
Riverside, California 92508
ACTIVE UNDER CONTRACT
CONDITION: POOR
4Beds
3Baths
2,540Sq Ft
6,970Lot Size
Property Price
LIST PRICE$739,999
EST. MARKET VALUE
$721,057
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $739,999—positioned well below the $692,258 Fair Market Value by -6%. Featuring a 2,540 sqft floor plan and a deck, this asset requires significant renovation given its Fair Condition Rating. Located in the Riverside Unified district, it benefits from proximity to top-rated schools like Martin Luther King Jr. High. This project is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking to capitalize on value-add potential in a high-demand area.
Estimated Market Value
$721,057
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 |
|---|---|---|---|---|---|---|
★ 20667 Bakal Subject 4 bd · 3 ba · 2,540 sqft · $284 | $739,999* List Price | 4 | 3 | 2,540 | $284 | - |
A 20640 Gelman Drive Sold 5 bd · 3 ba · 2,596 sqft · $277 · 0.1 mi | $720,000 | 5 | 3 | 2,596 | $277 | 0.1 mi |
B 20858 Bakal Sold 4 bd · 3 ba · 2,621 sqft · $286 · 0.3 mi | $749,000 | 4 | 3 | 2,621 | $286 | 0.3 mi |
C 20634 Stony Brook Circle Sold 4 bd · 2 ba · 1,882 sqft · $359 · 0.6 mi | $675,000 | 4 | 2 | 1,882 | $359 | 0.6 mi |
D 8742 Feathertop Sold 3 bd · 2 ba · 1,824 sqft · $370 · 0.7 mi | $675,000 | 3 | 2 | 1,824 | $370 | 0.7 mi |
E 20736 Rosedale Drive Active 4 bd · 3 ba · 2,400 sqft · $329 · 0.6 mi | $790,000 List Price | 4 | 3 | 2,400 | $329 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1993 and over 30 years old, the property shows signs of significant neglect and deferred maintenance. Exterior images show boarded-up garage doors, while the interior features severely stained/damaged carpeting and dated finishes. The listing description explicitly identifies this as a renovation or flip project, indicating the need for a full rehab of systems and cosmetics.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Martin Luther King Jr. High School (9/10).
- Generous Living Space
With 2,540 square feet and a four-bedroom, three-bathroom layout, this home offers a spacious floor plan that is highly desirable for large families or high-capacity rental income.
- Top-Rated School District
The property is served by exceptional schools, including Martin Luther King Jr. High (9/10) and Tomas Rivera Elementary (8/10), which significantly enhances long-term property value and tenant demand.
CONSRISKS & DEFICIENCIES
- Extended Days on Market
At 135 days on the market, the listing has become stale, which may indicate that the current list price is not aligned with the property's condition or current market expectations.
- Likely Deferred Maintenance
The emphasis on investment and renovation potential suggests the home is not in move-in condition and will require immediate capital expenditure for repairs and updates.
About 20667 Bakal
Great investment opportunity in Riverside! Located at 20667 Bakal, this property offers strong potential for investors looking to add to their portfolio, renovate, or generate rental income. Situated in a desirable Riverside location, the home presents an excellent chance to capitalize on long-term appreciation and value-add potential. Whether you’re searching for your next flip, buy-and-hold, or income-producing property, this is an opportunity worth a closer look. Conveniently located near schools, shopping, dining, and commuter access, this property is well-positioned for both owner-occupants and tenants alike.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1993
- 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
Tomas Rivera Elementary School
Grades K-6 • 0.8 mi
8/10
Benjamin Franklin Elementary School
Grades K-6 • 1.0 mi
8/10
John F. Kennedy Elementary School
Grades K-6 • 1.8 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 | 2,540 | 1,854.896 |
| Lot Size | 6,970 | 8,680.308 |
| Price | $740.0K | $698.4K |
| Price per sq ft | $291 | $380 |
| Built year | 1993 | 1982 |
| HOA | $0 | $156 |
| Days on market | 234 | 57 |
Pricing History
Listed for Sale
Mar 4, 2026
$739,999
Initial Listing
Sold
Feb 23, 1999
$215,000
Public Record
Sold
Feb 4, 1994
$165,000
Public Record