2885 Cascabel, Riverside, California 92503, Riverside, 92503 - 4 bed, 2 bath
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Riverside, California 92503
This Well-Maintained Single-Family Residence is a Prime Investment Opportunity, listed at $699,999—positioned well below the $717,117 Fair Market Value by 2%. This valuation gap provides $17,118 in Instant Equity for buyers. Boasting a Condition Rating of 3, the home features an updated granite kitchen, tile flooring, and a rare three-car garage. Set on a 7,841 sq ft pool-sized lot near the Victoria Avenue Greenbelt in the Alvord Unified district, it balances suburban comfort with financial upside. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in-ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2885 Cascabel Subject | $685,000* List Price | 4 | 2 | 1,764 | $391 | - |
A 9545 Calle La Cuesta Sold | $690,000 | 4 | 3 | 2,352 | $293 | 0.7 mi |
B 2835 Calle Sausalito Active Under Contract | $585,000 List Price | 4 | 2 | 1,414 | $414 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1973, the property has been well-maintained and updated. The kitchen features stainless steel appliances, granite countertops, and dark wood cabinetry consistent with a 5-15 year old renovation. The living areas show modern improvements including recessed lighting, tile flooring, and plantation shutters, making the home move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1764.
Situated in a highly desirable Riverside neighborhood near the historic Victoria Avenue and Greenbelt, offering excellent proximity to the 91 freeway, Galleria Mall, and California Baptist University.
The inclusion of a three-car garage is a significant asset for this property size, providing extra space for vehicles, a workshop, or additional storage needs.
Built in 1973, the home may require modern updates to its interior layout and energy systems to compete with newer residential standards in the area.
Despite its location near scenic routes, the property itself lacks a designated view, which may be a drawback for buyers seeking the elevated vistas common in parts of Riverside.
Welcome to this well maintained Single Story Spacious 4 Bedroom, 2 Bathroom, 3 Car Garage with a pool size lot located in a cul-de-sac and is in one of the most desirable neighborhoods in Riverside. Located just off of Riverside Historical and Scenic Route off of Victoria Ave and the Greenbelt. Conveniently close to the 91 freeway, The Galleria Mall, Cal Baptist College and Restaurants. This home won't last long!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,764 | 1,620 | 55% |
| Lot Size | 7,841 | 7,841 | 50% |
| Price | $685.0K | $660.0K | 54% |
| Price per sq ft | $388 | $393 | 45% |
| Built year | 1973 | 1983 | 32% |
| HOA | $0 | $0 | 50% |
| Days on market | 49 | 148 | 4% |
Jun 4, 2026
$685,000
$699,999
-2% Price Drop
Initial Listing
Apr 18, 2026
$699,999
Initial Listing
Apr 7, 2015
$330,000
Public Record
Mar 5, 2010
$264,000
Public Record
Jul 31, 2009
$175,000
Public Record
Jun 28, 2006
$460,000
Public Record
Nov 4, 1994
$14,000
Public Record