
Riverside, California 92506
This Mid-Century Modern Residence is a Prime Investment Opportunity, listed at $780,000—positioned well below the $800,557 Fair Market Value by 2%. This valuation gap offers $20,557 in Instant Equity. Boasting a Mint Condition Rating with a 2024 roof and remodeled kitchen, the property features a massive 21,344 sq. ft. lot with significant ADU/SB 9 development potential. Located near Riverside Unified schools, this home is ideal for Buy-and-Hold Investors or Owner-Occupants seeking long-term appreciation and lifestyle flexibility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2128 Oak Crest Subject | $780,000* List Price | 4 | 3 | 1,850 | $433 | - |
A 1580 Pelham Place Sold | $975,000 | 4 | 3 | 2,218 | $440 | 0.5 mi |
B 2327 Fairview Sold | $660,000 | 3 | 2 | 1,942 | $340 | 0.5 mi |
C 2372 Shadow Hill Drive Sold | $930,000 | 4 | 2 | 1,957 | $475 | 0.4 mi |
D 1960 Wetherly Sold | $775,000 | 4 | 2 | 2,083 | $372 | 0.2 mi |
E 1311 Cadwell Court Sold | $895,000 | 4 | 2 | 2,112 | $424 | 0.9 mi |
F 5593 Malvern Sold | $755,000 | 4 | 2 | 1,900 | $397 | 0.3 mi |
G 2367 Deerhorn Dr Sold | $759,999 | 4 | 3 | 2,042 | $372 | 0.4 mi |
H 2424 Central Sold | $669,999 | 3 | 2 | 1,574 | $426 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1956, the property has undergone a comprehensive renovation within the last 5 years. Key updates include a new roof (2024), a new septic tank, and a fully remodeled contemporary kitchen with high-end stainless appliances and quartz countertops. With fresh interior paint, new flooring, and updated bathrooms, the home is in mint, move-in-ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21344, living area = 1850.
The massive 21,344 sq. ft. lot (nearly half an acre) provides rare opportunities for a pool, ADU/JADU, or a potential SB 9 lot split, offering significant long-term investment upside.
Recent high-value improvements including a new roof (2024), new septic tank, and a fully remodeled contemporary kitchen with high-end appliances ensure immediate move-in readiness and reduced maintenance costs.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1850, other record living area = 1742. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
Allocating four bedrooms within approximately 1,850 sq. ft. may result in smaller individual room sizes and a tighter living layout than typically expected for a property on such a large lot.
Unlike many urban properties, this home utilizes a septic system, which requires periodic inspections and maintenance that may be a deterrent for buyers accustomed to municipal sewer connections.
Welcome to 2128 Oak Crest Dr, a beautifully updated single-story residence situated on a quiet cul-de-sac in the desirable Victoria Woods neighborhood. Set on a substantial 21,344 sq. ft. lot—approximately 0.49 acres—this 4-bedroom, 2.5-bath home offers approximately 1,850± sq. ft. of living space (buyer to verify) with timeless Mid-Century Modern influences, abundant natural light, and inviting indoor-outdoor living. Recent improvements include a new roof (2024), new septic tank, fresh interior paint, new flooring in the living room and bedrooms, and recessed lighting throughout. The spacious living room is anchored by a dramatic floor-to-ceiling natural rock fireplace and opens through French doors to an expansive entertaining deck, creating a seamless connection to the outdoors with an elevated setting and neighborhood and distant mountain views. The remodeled contemporary kitchen features sleek flat-panel cabinetry, quartz countertops, stainless-steel appliances, a 6-burner gas range with stainless-steel hood, built-in microwave and oven, farmhouse-style sink, wine cooler, and abundant counter and storage space. One bathroom has also been tastefully renovated with a clean, modern design. Refrigerator, washer, and dryer are included. One bedroom features separate exterior access, offering added flexibility for guests, a home office, or other uses. Additional highlights include RV parking and an attached 2-car garage with epoxy-coated flooring. The substantial nearly half-acre lot offers exciting possibilities for outdoor living, gardening, a future pool, ADU/JADU, potential SB 9 lot split, or other future development opportunities, subject to applicable requirements and approvals. Buyer to independently investigate and verify all subdivision, SB 9, ADU/JADU, zoning, access, and development possibilities. Ideally located approximately 5 miles from UC Riverside and near Victoria Avenue, Canyon Crest Towne Centre, Riverside Plaza, Downtown Riverside, and the historic Mission Inn, with Ontario International Airport approximately 20 miles away. A rare opportunity combining a desirable Victoria Woods location, nearly half an acre, beautiful views, RV parking, flexible living space, indoor-outdoor living, and future investment potential.
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades 7-8 • 1.4 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 2.3 |
| Square foot | 1,850 | 1,867.892 |
| Lot Size | 21,344 | 8,787.773 |
| Price | $780.0K | $692.3K |
| Price per sq ft | $422 | $386 |
| Built year | 1956 | 1980 |
| HOA | $0 | $151 |
| Days on market | 27 | 55 |
Aug 13, 2026
$780,000
Initial Listing
Jul 16, 2024
$735,000
Public Record
Sep 15, 2009
$212,000
Public Record
Jun 4, 2002
$230,500
Public Record
Dec 18, 2000
$247,000
Public Record