
Riverside, California 92507
This Spacious Single-Family Residence is a Strong Value Opportunity, listed at $549,000—positioned well below the $595,437 Fair Market Value by 7%. This valuation gap offers $46,437 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes modern mini-split HVAC and a newer roof. The large cul-de-sac lot provides significant ADU Development Potential, making this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, high-utility property in the Riverside Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3000 Carl Subject | $549,000* List Price | 5 | 2 | 2,000 | $298 | - |
A 1774 7th Active | $660,000 List Price | 4 | 2 | 1,912 | $345 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1956, the property has undergone significant functional updates including a newer roof, fresh exterior paint, and the installation of modern mini-split HVAC units. The interior is move-in ready with updated tile and laminate flooring, recessed lighting, and a modernized bathroom vanity, placing it in the 5-15 year renovation window.
The property features five bedrooms plus a bonus room that can serve as a sixth bedroom, offering exceptional utility for large families or multi-generational living arrangements.
The home boasts significant upgrades including a newer roof, fresh exterior paint, and energy-efficient mini-split HVAC units, reducing immediate maintenance concerns for the buyer.
Situated on a large cul-de-sac lot, the property provides the space and privacy necessary to construct an additional ADU or guest house, increasing long-term value and income potential.
With only two bathrooms serving up to six potential bedrooms, the home may experience functional bottlenecks and high demand on facilities for larger households.
Originally built in 1956, the property may possess aged underlying systems such as plumbing or electrical that could require future modernization despite recent surface-level updates.
Hot Buy! This is a 5 bedroom 2 bath single story, home that has a bonus room that could be used as a 6th bedroom. The house sits on a large lot towards the end of a cul de sac street, big enough to build an additional ADU casita/guesthouse on the lot. The home has tile flooring and multiple mini split heating and cooling units throughout the house and bedrooms. The house has a newer roof and newer painted exterior so it is fresh and ready for its new owner. The house is centrally located with easy access to the 215 and 91 freeways and downtown Riverside. Front and backyards are fully landscaped and there is a storage shed that stays with the property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,000 | 1,723 |
| Lot Size | 7,405 | 8,712 |
| Price | $549.0K | $676.0K |
| Price per sq ft | $274 | $395 |
| Built year | 1956 | 1977 |
| HOA | $0 | $125 |
| Days on market | 12 | 58 |
Jul 10, 2026
$549,000
Initial Listing
Jan 4, 2010
$106,000
Public Record
Apr 1, 2004
$255,000
Public Record
Jun 14, 2002
$145,500
Public Record
May 29, 1998
$80,000
Public Record