
Riverside, California 92507
This Value-Add Residential Asset is listed at $499,999, representing a stable entry point that aligns with its $498,467 Fair Market Value. Currently holding a Condition Score of 4 due to its 1957 infrastructure and dated finishes, the property offers significant upside through its 10,019 sqft Lot with Alley Access, providing a prime canvas for ADU Potential or expansion. The 4-Bedroom Layout is strategically located near UC Riverside and Downtown Riverside, ensuring consistent rental demand within the Riverside Unified School District. This is an optimal acquisition for Buy-and-Hold Investors or first-time buyers looking to build equity through modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2790 11th St Subject | $499,999* List Price | 4 | 2 | 1,179 | $424 | - |
A 2461 Rancho Sold | $470,000 | 3 | 1 | 1,204 | $390 | 0.5 mi |
B 2810 11th Street Sold | $467,500 | 3 | 2 | 1,120 | $417 | 0.0 mi |
C 2676 5th Sold | $617,500 | 4 | 2 | 1,401 | $441 | 0.5 mi |
D 1836 Minnesota Sold | $538,000 | 3 | 2 | 1,401 | $384 | 1.0 mi |
E 2190 9th St Sold | $475,000 | 3 | 2 | 969 | $490 | 0.4 mi |
F 4485 Dwight Avenue Sold | $572,500 | 3 | 1 | 1,378 | $415 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1957, the property is aged and shows signs of dated infrastructure, such as window-mounted cooling units and older exterior finishes. While the home appears maintained and functional, the listing's own analysis flags aging systems and a compact layout, suggesting that while it is livable, it likely requires minor updates and repairs to meet modern quality standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10019, living area = 1179.
The property boasts a massive lot of over 10,000 sqft with alley access, providing excellent opportunities for an ADU, expansion, or extensive outdoor amenities.
Situated just minutes from Downtown Riverside and UC Riverside, the home is in a high-demand area for both student rentals and long-term residents.
With 4 bedrooms squeezed into 1,179 sqft, the individual room sizes and common living areas are likely quite small and may feel cramped.
Built in 1957, the property may require updates to major systems such as electrical, plumbing, and HVAC to meet modern standards and efficiency.
The history of multiple price reductions since the initial listing suggests the market has been hesitant, potentially due to the home's condition or original overvaluation.
Great home for a first-time buyer or an investor seeking extra rental income, with a huge backyard (over 10,000 sqft lot) and access to the alley, ample parking for cars, and a highly desirable area of Riverside, close to shopping and just a few minutes' drive to Downtown Riverside and UC Riverside.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,179 | 1,723 |
| Lot Size | 10,019 | 8,712 |
| Price | $500.0K | $676.0K |
| Price per sq ft | $424 | $395 |
| Built year | 1957 | 1977 |
| HOA | $0 | $125 |
| Days on market | 294 | 58 |
Jan 9, 2026
$499,999
$519,929
-4% Price Drop
Initial Listing
Dec 11, 2025
$519,929
$519,939
+0% Price Increase
Initial Listing
Dec 6, 2025
$519,939
$519,959
+0% Price Increase
Initial Listing
Nov 9, 2025
$519,959
$519,979
+0% Price Increase
Initial Listing
Nov 1, 2025
$519,979
$519,989
+0% Price Increase
Initial Listing
Oct 11, 2025
$519,989
$519,999
+0% Price Increase
Initial Listing
Oct 1, 2025
$519,999
Initial Listing