2743 12th, Riverside, California 92507, Riverside, 92507 - 3 bed, 2 bath
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Riverside, California 92507
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $725,000—positioned well below the $791,637 Fair Market Value by 8%. This valuation gap offers $66,637 in Instant Equity for the buyer. Featuring a Mint Condition Rating with modern interior finishes, the property also offers significant upside via its 8,712 sqft lot, perfect for an ADU or pool. Ideally located near UCR and Downtown, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking immediate value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2743 12th Subject | $725,000* List Price | 3 | 2 | 2,196 | $360 | - |
A 2571 12th Street Sold | $625,000 | 4 | 2 | 1,509 | $414 | 0.1 mi |
B 4429 Forest Street Sold | $676,000 | 4 | 2 | 1,652 | $409 | 0.2 mi |
C 4485 Dwight Avenue Sold | $572,500 | 3 | 1 | 1,378 | $415 | 0.7 mi |
D 2942 Denton Active | $779,000 List Price | 5 | 2 | 1,990 | $391 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1932, the property has undergone a comprehensive recent remodel (likely <2 years). It features a modern kitchen with new shaker cabinets and stainless steel appliances, updated bathrooms, new LVP flooring and carpet, fresh interior/exterior paint, and updated windows, making it move-in ready in mint condition.
The property has been extensively remodeled with fresh interior and exterior paint, new flooring, updated baseboards, and new windows, providing a move-in-ready experience with contemporary appeal.
With a generous 8,712 sqft lot and a detached two-car garage, there is clear potential to add an ADU for rental income or a private pool to enhance the home's long-term market value.
Ideally situated near the historic Mission Inn, UC Riverside, and Downtown Riverside, the home offers excellent proximity to major employment hubs, shopping, and cultural landmarks.
Built in 1932, the property may have underlying structural or systemic components that, despite cosmetic updates, could require more intensive maintenance compared to newer constructions.
The property features a standard neighborhood view, lacking the elevated or panoramic vistas often sought after in premium Riverside residential listings.
Welcome to your New Home in Riverside! Step inside this beautifully remodeled 3-bedroom, 2-bathroom residence, where modern elegance meets comfort. Freshly painted inside and out, this home boasts new flooring/baseboards, and updated windows, allowing for abundance of natural light. The stylish light fixtures and included appliances make it move-in ready. Detached 2 car garage. With the option to add an ADU in the future, you can create additional living space for guests, a home office, or even rental income, further enhancing the value of this property. Alternatively, imagine transforming the backyard into your own private oasis with a pool--perfect for relaxation and entertaining, instantly increasing your home's appeal. Located conveniently close to schools, shopping, Iconic Mission Inn Hotel & Spa, UCR, Downtown Riverside, freeways, and parks, this home offers both tranquility and accessibility. Don't miss the chance to make this charming property your own!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 45% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,196 | 1,654.5 | 75% |
| Lot Size | 8,712 | 8,276 | 53% |
| Price | $725.0K | $647.5K | 71% |
| Price per sq ft | $330 | $390 | 27% |
| Built year | 1932 | 1974 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 178 | 1% |
May 14, 2026
$725,000
Initial Listing
Nov 30, 2017
$320,000
Public Record
Jan 31, 2014
$250,000
Public Record
Oct 17, 2013
$182,000
Public Record