2831 Carma Court, Riverside, California 92503, Riverside, 92503 - 4 bed, 3 bath
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Riverside, California 92503
This Spacious Cul-de-Sac Residence is a High-Potential Investment Opportunity listed at $774,999—positioned well below the $806,596 Fair Market Value by 3%. This valuation gap provides $31,597 in Instant Equity for buyers. Featuring a Private Pool, RV Parking, and a Condition Rating of 3, the property offers a move-in-ready interior with significant upside through selective modernization. Situated in the Riverside Unified School District, it perfectly blends lifestyle utility with long-term appreciation. This is an ideal acquisition for Owner-Occupants or growing families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2831 Carma Court Subject | $749,999* List Price | 4 | 3 | 1,818 | $426 | - |
A 3229 Toro Way Sold | $625,000 | 4 | 2 | 1,499 | $417 | 0.5 mi |
B 9549 Hermitage Sold | $600,000 | 3 | 2 | 1,348 | $445 | 0.8 mi |
C 2845 Roncador Active | $774,999 List Price | 4 | 2 | 1,569 | $494 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and shows evidence of significant maintenance and partial modernization. While originally built in 1986, the home features a recently renovated master bathroom with modern white shaker vanities, quartz-style countertops, and contemporary lighting. Other areas, such as the kitchen and secondary bathrooms, feature cherry oak cabinetry and granite surfaces that, while slightly older in style, are in well-maintained condition. The exterior has been updated with modern paint and stone veneer accents, and the private pool and hardscaping appear to be in good functional order.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1818.
The property features a private pool and rare RV parking, providing significant value for Southern California outdoor living and recreational storage.
Situated on a quiet cul-de-sac in the desirable 92503 zip code, the home offers a low-traffic environment conveniently located near major commuter routes and shopping.
The description notes updates in only select areas, suggesting that other parts of the 1986-built home may still require cosmetic or functional upgrades.
The inclusion of both a private pool and RV parking on a 7,405 square foot lot likely leaves minimal remaining green space for gardening or traditional lawn activities.
Welcome to this beautifully maintained home located on a quiet cul-de-sac in the desirable Riverside neighborhood of 92503. Situated at 2831 Carma Court, this property offers the perfect blend of comfort, functionality, and outdoor entertaining. Step inside to find a warm and inviting interior featuring rich cherry oak kitchen cabinetry, durable tile flooring, and thoughtfully updated finishes throughout select areas of the home. The layout provides a practical flow ideal for both everyday living and hosting guests. The backyard is where this home truly shines—complete with a private pool, making it perfect for entertaining, relaxing, and enjoying Southern California living year-round. Additional highlights include RV parking, offering rare and valuable space for recreational vehicles, extra storage, or additional parking needs. Conveniently located near shopping, dining, schools, and major commuter routes, this home is a fantastic opportunity for buyers seeking both lifestyle and location. Don’t miss your chance to own this versatile and inviting property in one of Riverside’s established neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 51% |
| Square foot | 1,818 | 1,634 | 58% |
| Lot Size | 7,405 | 7,623 | 50% |
| Price | $750.0K | $660.0K | 65% |
| Price per sq ft | $413 | $391 | 58% |
| Built year | 1986 | 1986 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 20 | 180 | 0% |
Apr 17, 2026
$749,999
$774,999
-3% Price Drop
Initial Listing
Apr 2, 2026
$774,999
Initial Listing
Nov 14, 2008
$240,000
Public Record
Jan 25, 2006
$489,000
Public Record
Aug 30, 1996
$159,000
Public Record