2994 David, Riverside, California 92506, Riverside, 92506 - 3 bed, 2 bath

2994 David, Riverside, California 92506 home-pic-0

2994 David

Riverside, California 92506

ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,188Sq Ft
8,276Lot Size

Property Price

LIST PRICE$620,000
EST. MARKET VALUE
$616,142

SUMMARY

Analysis of 2994 David, Riverside, California 92506 reveals a Fairly Priced Property with a current list price of $620,000  aligned with the estimated $616,142 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Riverside Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$616,142
Based on Realkey algorithm analyzing recent comparable sales in Riverside.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
2994 David
Subject
$620,000*
List Price
321,188$519-
A
3683 Mckinley
Sold
$655,000321,302$5030.8 mi
B
2971 Cheyenne
Sold
$638,000321,278$4990.9 mi
C
5659 Carson Road
Sold
$630,000321,186$5310.9 mi
D
2717 Gleason Court
Sold
$670,000321,288$5200.4 mi
E
6958 Goodview
Sold
$603,000321,110$5430.4 mi
F
6529 Marguerita Avenue
Sold
$530,000211,038$5110.3 mi
G
3595 Timothy Way
Active
$605,000
List Price
311,134$5340.9 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Although originally built in 1955, the property has been extensively renovated within the last 5 years. It features a new roof, remodeled bathrooms, an updated kitchen with modern appliances, new solid-surface flooring, fresh neutral paint, and updated windows and fixtures throughout, meeting current quality standards with no deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1188.

CONSRISKS & DEFICIENCIES

  • Recently Sold Property

    The property was recently sold within the past year on 2025-06-27. The sold price is $650,000.00.

About 2994 David

This highly upgraded single-story home offers private gated RV parking, a two-car garage, and a new roof, all set within a well-established neighborhood with mature landscaping and curb appeal. Floor plan opens to a large living room featuring a charming fireplace with mantle. The kitchen has generous cabinetry and counter space, a built-in microwave, range, double sink, and dishwasher, ideal for both daily living and entertaining. The bedrooms are spacious and well laid out, with the primary suite featuring a private bathroom. Step outside to a backyard with lush lawn areas and ample space to design your perfect outdoor oasis, complete with a covered patio ideal for relaxing or hosting guests. Additional highlights include updated solid-surface flooring, fresh neutral interior paint, updated fixtures, windows, ceiling fans, custom window treatments, and remodeled bathrooms. Conveniently located near schools, parks, shopping and freeway access.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1955
Lot Size
8,276 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.04.0
48%
Baths2.02.0
50%
Square foot1,1882,006
11%
Lot Size8,27610,454
31%
Price$620.0K$747.9K
21%
Price per sq ft$522$386
90%
Built year19551968
35%
HOA$0$0
50%
Days on market25184
1%

Pricing History

Listed for Sale

Mar 5, 2026

$620,000

$649,900

-5% Price Drop

Initial Listing

Price Change

Feb 10, 2026

$649,900

Initial Listing

Sold

Jun 27, 2025

$650,000

Public Record

Sold

Jun 10, 2010

$150,500

Public Record

Sold

May 30, 2003

$176,000

Public Record

Sold

Dec 2, 1993

$105,000

Public Record

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