
Riverside, California 92507
This Single Family Residence is a Strong Value Opportunity, listed at $539,000—positioned well below the $576,817 Fair Market Value by 6%. This valuation gap offers $37,817 in Instant Equity. Featuring a Good Condition Rating, the home includes a reimagined kitchen, hardwood flooring, and a massive finished basement with ADU potential. Located near UC Riverside, this property balances lifestyle appeal with financial upside. It is an ideal acquisition for Owner-Occupants seeking long-term value or first-time buyers looking for a versatile, move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2993 Lecil Street Subject | $539,000* List Price | 3 | 1 | 1,315 | $439 | - |
A 1836 Minnesota Sold | $538,000 | 3 | 2 | 1,401 | $384 | 0.4 mi |
B 1065 Bascomb Sold | $518,000 | 4 | 2 | 1,200 | $432 | 0.8 mi |
C 3454 Franklin Sold | $565,000 | 4 | 2 | 1,274 | $443 | 0.7 mi |
D 1168 Athena Court Sold | $540,000 | 3 | 2 | 1,076 | $502 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1952, the property has undergone significant updates that place it in the Good category. Key systems have been modernized, including a newer roof, HVAC system, and dual-pane windows. The kitchen and bathroom have been remodeled with granite countertops, stainless steel appliances, and floor-to-ceiling tile. The home is well-maintained, move-in ready, and features a finished basement and updated landscaping.
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 = 1315.
The property features significant high-value upgrades including a newer roof, HVAC system, and dual-pane windows, providing immediate peace of mind and energy efficiency for the new owner.
A massive, fully finished basement with private exterior access offers exceptional flexibility for use as a potential ADU, home office, or rental unit, significantly increasing the functional living space.
With three bedrooms but only one bathroom, the layout may be a drawback for larger families or those seeking a more modern multi-bath configuration.
The property only provides a one-car garage, which may be insufficient for households with multiple vehicles or those requiring extensive covered storage.
Enchanting ranch-style charm with subtle Cape Cod influences creates an unforgettable first impression at this beautifully updated Riverside residence. Framed by a welcoming front porch, manicured landscaping, and an oversized one-car garage with a spacious three-car driveway, this home radiates warmth, character, and timeless curb appeal. Thoughtfully upgraded throughout, major improvements include a newer roof, a newer heating and air conditioning system, and newer dual-pane windows—offering comfort, efficiency, and peace of mind. Featuring approximately 1,315 square feet of living space, including a massive, fully finished basement, this versatile home offers three spacious bedrooms and endless possibilities for expansion. Hardwood flooring flows throughout the home, complemented by scraped ceilings and updated lighting that enhance the bright and inviting atmosphere. Formal living and dining areas provide elegant yet comfortable gathering spaces, highlighted by dramatic window walls that fill the home with natural light and frame views of Mount Rubidoux and seasonal holiday fireworks. The reimagined kitchen combines style and functionality with professionally painted and redesigned cabinetry, granite countertops, and stainless-steel appliances, including an upgraded range hood. The remodeled bathroom features charming wainscoting, floor-to-ceiling tiled shower walls, and a reglazed tub, while the generously sized bedrooms offer ceiling fans and deep closets with built-in drawers and cabinetry for exceptional storage. Step outside and discover one of the property’s most exciting features—the massive, fully finished basement with private exterior access. Whether imagined as a future ADU, game room, gym, office, hobby studio, or ultimate man cave, the possibilities are endless. Outdoor living shines with a covered wood deck/patio, perfect for year-round al fresco dining and entertaining, plus two additional oversized patio areas with shade structures for even more outdoor enjoyment. The pool-sized backyard, landscaping, and irrigation system were upgraded just a few years ago, creating a beautiful and functional outdoor retreat. Ideally located less than 1.4 miles from UC Riverside and nearby public schools, this home also offers quick access to scenic hiking and biking trails, including the iconic Mount Rubidoux Park, California Citrus State Park, downtown Riverside, shopping, dining, entertainment, and the 91, 60, and 215 freeways.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 45% |
| Baths | 1.0 | 2.0 | 10% |
| Square foot | 1,315 | 1,652 | 21% |
| Lot Size | 7,405 | 8,276 | 45% |
| Price | $539.0K | $640.0K | 20% |
| Price per sq ft | $410 | $395 | 59% |
| Built year | 1952 | 1973 | 21% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 178 | 1% |
May 13, 2026
$539,000
Initial Listing
Oct 14, 2010
$147,500
Public Record