
Riverside, California 92508
This Value-Add Residential Asset is listed at $739,999, positioned competitively near its $710,376 Fair Market Value. Boasting a spacious 2,540-square-foot floorplan and a four-bedroom layout, the home holds a Fair Condition Rating, offering a clear path to equity growth through cosmetic and mechanical updates. The property is anchored by exceptional educational infrastructure, including the 9/10 rated Martin Luther King Jr. High and 8/10 rated Tomas Rivera Elementary. This is an ideal opportunity for Fix-and-Flip Investors or Buy-and-Hold Investors seeking a high-upside project in a premier Riverside community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 20667 Bakal Subject | $739,999* List Price | 4 | 3 | 2,540 | $280 | - |
A 20611 Bakal Drive Sold | $690,000 | 4 | 3 | 2,540 | $272 | 0.1 mi |
B 8748 Mesa Oak Drive Sold | $675,000 | 4 | 3 | 2,155 | $313 | 0.4 mi |
C 8587 Yarrow Lane Sold | $748,800 | 4 | 3 | 2,240 | $334 | 0.2 mi |
D 20779 Burlington Sold | $765,000 | 5 | 3 | 2,950 | $259 | 0.5 mi |
E 20628 Mesa Oak Drive Sold | $710,000 | 4 | 3 | 1,890 | $376 | 0.3 mi |
F 20228 June Court Active Under Contract | $729,000 List Price | 4 | 3 | 2,784 | $262 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1993, this 31-year-old property appears well-maintained from the exterior but likely retains many original finishes and systems. According to the criteria, homes over 20 years old with no major recent renovations are classified as fair, as they typically show signs of being outdated and may require modernization of the kitchen, bathrooms, and mechanical systems to meet current market standards.
High School: Martin Luther King Jr. High School (9/10).
The property is served by top-tier educational institutions, including Martin Luther King Jr. High (9/10) and Tomas Rivera Elementary (8/10), providing significant long-term value for families.
With 2,540 square feet of interior living area and a functional four-bedroom layout, this home offers a spacious environment that is well-suited for large or growing families.
The listing indicates no specific views, which may be a drawback for buyers looking for the elevated or panoramic vistas often found in Riverside's hillside neighborhoods.
Built in 1993, the home is over 30 years old and may require updates to its original finishes or systems to meet the aesthetic and efficiency standards of modern buyers.
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.
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades K-6 • 1.0 mi
Grades K-6 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,540 | 2,596 | 47% |
| Lot Size | 6,970 | 8,058.5 | 36% |
| Price | $740.0K | $750.0K | 44% |
| Price per sq ft | $291 | $307 | 38% |
| Built year | 1993 | 2003 | 25% |
| HOA | $0 | $37 | 47% |
| Days on market | 49 | 184 | 4% |
Mar 4, 2026
$739,999
Initial Listing
Feb 23, 1999
$215,000
Public Record
Feb 4, 1994
$165,000
Public Record