
Riverside, California 92501
This Historic District Residential Asset is a High-Potential Investment Opportunity, listed at $659,900—positioned above the $648,610 Fair Market Value. While priced at market, the property offers significant upside through its 12,632 sqft lot and 800-1000 sqft unfinished basement, ideal for ADU conversion. Featuring panoramic views, a private hot tub, and updated deck, the home maintains a Fair Condition Rating with dated finishes. This property provides a unique value-add proposition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic renovation and expansion.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2715 Brockton Subject | $659,900* List Price | 4 | 2 | 1,401 | $463 | - |
A 3826 Stansell Drive Sold | $585,000 | 4 | 2 | 1,743 | $336 | 0.6 mi |
B 3024 Pine Sold | $750,000 | 3 | 2 | 1,802 | $416 | 0.2 mi |
C 3159 Redwood Sold | $660,000 | 3 | 2 | 1,670 | $395 | 0.4 mi |
D 2215 Northbend Street Sold | $485,000 | 3 | 1 | 1,009 | $481 | 0.4 mi |
E 3869 Shamrock Active | $549,000 List Price | 3 | 3 | 1,097 | $500 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1972, this 54-year-old home has been maintained but remains largely dated. The kitchen features older hacienda-style tile countertops and cabinetry, and the bathrooms utilize basic, older fixtures. While the flooring has been updated and the home is functional/move-in ready, the primary systems and aesthetic finishes appear to be 20+ years old, placing it in the fair category requiring cosmetic modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12632, living area = 1401.
Situated in the Historic District of Downtown Riverside, the property offers rare panoramic views of Fairmount Park, the lake, and mountains, providing high aesthetic value and a premium feel.
The 800-1000 sqft unfinished basement and large 12,632 sqft lot offer a unique opportunity to add substantial square footage or an ADU, significantly increasing future equity.
With 4 bedrooms configured within 1,401 square feet, individual room sizes may feel small or cramped compared to modern residential standards for a family home.
While the basement offers potential, it remains unfinished, requiring substantial additional investment and permitting to convert it into functional living space or an ADU.
Welcome to 2715 Brockton, Riverside Where Stunning Views, Character and Comfort Meet in the Historic District of Downtown Riverside This 4 bedroom 2 bath home with 1400square feet is a rare opportunity.** The unfinished basement can add 800-1000 square feet more or ADU***. Nestled in one of downtown Riverside’s most treasured historic neighborhoods, this exceptional residence blends timeless character with modern comfort and million-dollar panoramic views for a fraction of the cost. Enjoy breathtaking sunrises and glowing sunsets, with sweeping vistas overlooking Fairmount Park, and close proximity to a nearby golf course and tranquil lake. Rich wood flooring flows throughout the open floor plan, creating a warm and inviting atmosphere ideal for both everyday living and entertaining. Step through the front door and into a grand living room, where natural light and expansive scenery immediately set a tone of elegance and ease. To the right, the kitchen showcases custom hacienda-style countertops, blending distinctive craftsmanship with modern functionality. To the left, a thoughtfully designed hallway leads to the bedrooms and baths, offering privacy and comfort for family and guests alike. The updated back patio deck extends the living space outdoors, providing the perfect setting to savor serene views, mature fruit trees, and a private hot tub. The spacious backyard offers ample room for gardening, entertaining, or exploring future ADU potential. While unfinished, the bonus basement adds valuable versatility, creating endless opportunities for storage, a workshop, creative studio, or future expansion. In addition, select furniture is also included with the house: beds, TV, dining table, vanity etc. Ideally located near downtown dining, shopping, cultural landmarks, parks, top schools, and outdoor recreation, this home delivers a rare blend of heritage, luxury, and family-friendly living. A truly special
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 69% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,401 | 1,384 | 51% |
| Lot Size | 12,632 | 7,405 | 80% |
| Price | $659.9K | $563.5K | 76% |
| Price per sq ft | $471 | $416 | 62% |
| Built year | 1972 | 1960 | 60% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 176 | 2% |
May 22, 2026
$659,900
Initial Listing
Jul 28, 2021
$565,000
Public Record
Jul 25, 2003
$118,500
Public Record