
Riverside, California 92506
This Turnkey Single-Family Residence is a Strong Value Opportunity, listed at $558,500—positioned well below the $561,102 Fair Market Value by 0.46%. This valuation gap offers $2,602 in Instant Equity. Featuring a Condition Rating of 3, the home includes over $50K in upgrades, such as a new roof and HVAC. Located within the Riverside Unified School District and walking distance to local schools, this property is an ideal sanctuary for first-time buyers or owner-occupants seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3046 Maude Subject | $558,500* List Price | 3 | 2 | 1,141 | $492 | - |
A 3180 Jane Sold | $555,000 | 3 | 1 | 1,292 | $430 | 0.3 mi |
B 3516 Mckinley Street Sold | $530,000 | 2 | 1 | 990 | $535 | 0.8 mi |
C 3439 Mono Sold | $630,000 | 3 | 1 | 1,194 | $528 | 1.0 mi |
D 3595 Timothy Way Sold | $580,000 | 3 | 1 | 1,134 | $511 | 0.8 mi |
E 6795 Glacier Sold | $605,000 | 3 | 2 | 1,186 | $510 | 0.8 mi |
F 6529 Marguerita Avenue Sold | $530,000 | 2 | 1 | 1,038 | $511 | 0.1 mi |
G 2924 Louisiana Sold | $616,000 | 3 | 2 | 1,110 | $555 | 0.7 mi |
H 2862 Westridge Sold | $712,000 | 4 | 2 | 1,290 | $552 | 0.4 mi |
I 3076 Ronald Active | $589,900 List Price | 4 | 2 | 1,278 | $462 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1954, the property is well-maintained and move-in ready due to over $50K in recent capital improvements. Key systems are updated, including a new roof, electrical panel, and a newer Lennox HVAC system. The kitchen features modern stainless steel appliances and updated flooring, while the bathrooms have been renovated with contemporary vanities and tile work.
With over $50,000 invested in a new roof, electrical panel, windows, and doors, this home offers peace of mind and reduced immediate maintenance costs for the buyer.
Ideally situated within walking distance to Cadence Park and Gage Middle School, and close to Riverside Plaza, providing excellent access to shopping, dining, and the SR-91.
The property is move-in ready, featuring original hardwood floors, a newer central air and heat system, and a well-manicured lot with productive fruit trees.
At 1,141 square feet for a three-bedroom, two-bath configuration, the interior living areas may feel small for families or those accustomed to modern, open-concept layouts.
Despite recent cosmetic and system upgrades, the 1954 build date suggests that other underlying components like plumbing or foundation may eventually require attention typical of older homes.
"Welcome to this move-in-ready single-story in the heart of central Riverside, this cozy home sits on a premium 6,534 sq ft lot. Featuring 3 beds/2 baths, with a newer central air & heat system, this east-facing residence boasts hardwood floors and a sun-drenched living room with sliding doors that open to a private fenced backyard with a large avocado producing tree, fruit trees & manicured lawn. Over $50K in recent upgrades includes a new roof, electrical panel, doors, and windows. The 399 sq ft spacious garage offers roll-up doors for thru-access. Walking distance to Cadence Park School and Gage Middle School (Riverside USD), with easy SR-91 access near Riverside plaza shopping/dining & entertainment. Low-maintenance landscaping completes this must-see charmer."
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,141 | 1,867.892 |
| Lot Size | 6,534 | 8,787.773 |
| Price | $558.5K | $692.3K |
| Price per sq ft | $489 | $386 |
| Built year | 1954 | 1980 |
| HOA | $0 | $151 |
| Days on market | 24 | 55 |
Aug 16, 2026
$558,500
Initial Listing
Mar 22, 2021
$390,000
Public Record