2390 Gloucester, Riverside, California 92506, Riverside, 92506 - 3 bed, 2 bath
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2390 Gloucester
Riverside, California 92506
ACTIVE UNDER CONTRACT
CONDITION: FAIR
3Beds
2Baths
1,854Sq Ft
14,375Lot Size
Property Price
LIST PRICE$599,000
EST. MARKET VALUE
$668,215
10% BelowMARKET VALUE
SUMMARY
This Spacious Single-Family Residence is a Strong Value Opportunity, listed at $599,000—positioned well below the $668,216 Fair Market Value by 10%. This valuation gap offers $69,216 in Instant Equity. Featuring a 4 Condition Rating, the home includes a permitted bonus room, a private pool, and massive RV parking on a 14,375 sq. ft. lot. Located near Alcott Elementary and Poly High, it balances lifestyle utility with financial upside. This is an ideal acquisition for Owner-Occupants seeking value or Buy-and-Hold Investors.
Estimated Market Value
$668,215+$69,215 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 2390 Gloucester Subject | $599,000* List Price | 3 | 2 | 1,854 | $360 | - |
A 2866 Anna Sold | $680,000 | 3 | 2 | 1,900 | $358 | 0.9 mi |
B 2367 Deerhorn Dr Sold | $759,999 | 4 | 3 | 2,042 | $372 | 0.3 mi |
C 5593 Malvern Sold | $755,000 | 4 | 2 | 1,900 | $397 | 0.6 mi |
D 3208 Gibraltar Sold | $634,000 | 3 | 2 | 2,018 | $314 | 1.0 mi |
E 1960 Wetherly Sold | $775,000 | 4 | 2 | 2,083 | $372 | 0.7 mi |
F 2909 Pecos Sold | $755,000 | 3 | 2 | 1,805 | $418 | 0.7 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 1957 with renovations to the kitchen and bathrooms that appear to be 20+ years old (oak cabinetry, older fixtures). The presence of popcorn ceilings and dated flooring suggests the home is well-maintained but requires cosmetic updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14375, living area = 1854.
- Exceptional RV & Vehicle Storage
The property features a rare 80-foot gated RV parking area plus an additional carport, providing massive space for multiple recreational vehicles, boats, or extra cars.
- Prime Location & School Proximity
Situated in a highly sought-after Riverside neighborhood, the home is within walking distance to Alcott Elementary and Polytechnic High School, offering significant convenience for families.
CONSRISKS & DEFICIENCIES
- Mid-Century Infrastructure
Built in 1957, the home may have underlying aging systems or structural elements typical of the era that require more maintenance than a modern build, despite recent cosmetic updates.
- Moderate School Ratings
While the location is convenient, the assigned elementary and middle schools have average ratings (5 and 4 respectively), which may be a drawback for buyers prioritizing top-tier academic scores.
About 2390 Gloucester
Much desired area of Riverside Close to Alcott Elementary and Poly High School. Homes do not come up in this neighborhood often. This beautiful pool home with tons of RV Parking is a must see! The home offers 3 bedroom 2 baths and has a game/bonus room that is permitted. From the street looking at home to the right, there is a carport for toy/car parking behind gates. To the left of garage there is approximately 80 feet of RV parking behind the gate. Kitchen and Bathrooms updated. Nice carpet and flooring. In the backyard the covered patio looks over the great sized backyard and pool. An entertainers home for sure. Additional large shed is very sturdy and can fit just about any landscaping items or toys you may have. Come see this amazing home BY MAKING AN APPOINTMENT TODAY!!!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1957
- Lot Size
- 14,375 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Riverside Unified Schools
Alcott Elementary School
Grades K-6 • 0.1 mi
5/10
Matthew Gage Middle School
Grades 7-8 • 1.2 mi
4/10
Polytechnic High School
Grades 9-12 • 0.4 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,854 | 1,867.892 |
| Lot Size | 14,375 | 8,787.773 |
| Price | $599.0K | $692.3K |
| Price per sq ft | $323 | $386 |
| Built year | 1957 | 1980 |
| HOA | $0 | $151 |
| Days on market | 28 | 55 |
Pricing History
Listed for Sale
Aug 12, 2026
$599,000
Initial Listing
Sold
Oct 7, 2019
$500,000
Public Record
Sold
Aug 16, 2000
$149,500
Public Record