
Riverside, California 92507
This Single Family Residence is a Strong Value Opportunity, listed at $469,000—positioned well below the $516,439 Fair Market Value by 9%. This valuation gap offers $47,439 in Instant Equity for the buyer. Featuring a Condition Rating of 3, this home includes a recorded 433A permanent foundation and a spacious 8,276-square-foot lot. Its proximity to UCR provides excellent rental demand, making this an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking long-term stability.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3067 Carl Subject | $469,000* List Price | 3 | 2 | 1,248 | $414 | - |
A 2993 Lecil Street Sold | $555,000 | 3 | 1 | 1,315 | $422 | 0.1 mi |
B 3454 Franklin Sold | $565,000 | 4 | 2 | 1,274 | $443 | 0.7 mi |
C 1836 Minnesota Sold | $538,000 | 3 | 2 | 1,401 | $384 | 0.4 mi |
D 1050 Athena Court Sold | $595,000 | 4 | 2 | 1,320 | $451 | 0.7 mi |
E 3581 Eucalyptus Sold | $484,000 | 1 | 1 | 1,013 | $478 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2004 (22 years old), this property is well-maintained and move-in ready. It features recent cosmetic updates including fresh light-toned flooring and paint throughout. The home includes functional modern systems like central HVAC and is situated on a permanent foundation.
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 = 1248.
The property includes full land ownership with a recorded 433A permanent foundation, eliminating space rent and HOA fees while facilitating easier access to traditional financing.
Located minutes from UC Riverside, this home offers exceptional value for university employees or students and presents strong long-term rental demand for investors.
Despite the permanent foundation, manufactured homes can sometimes face slower appreciation rates and stricter lender overlays compared to traditional stick-built residences.
Built in 2004, the property is approaching a 20-year milestone where major systems or cosmetic elements may soon require updates to maintain peak market competitiveness.
MANUFACTURED HOME WITH LAND — RECORDED 433A PERMANENT FOUNDATION! Welcome to 3067 Carl Street, a wonderful opportunity to own both the manufactured home and the land in Riverside’s established University Neighborhood—no space rent and no HOA. Built in 2004, this single-story home offers approximately 1,248 square feet of comfortable living space with three bedrooms, two bathrooms, an open and airy floor plan, central heating and air conditioning, indoor laundry, and a two-car direct-access garage. Fresh, light-toned flooring and abundant natural light create a bright, welcoming interior ready for its next owner’s personal touch. The spacious kitchen provides generous cabinetry, ample counter space, and an open connection to the dining and living areas—ideal for everyday living and entertaining. The generously sized primary bedroom features an en-suite bathroom with an oversized soaking tub and separate shower area, while two additional bedrooms provide flexibility for family, guests, a home office, or study space. Situated on an approximately 8,276-square-foot lot, the property offers valuable outdoor space with room to create a garden, entertaining area, play space, or personalized landscape retreat. The private driveway and attached two-car garage provide convenient parking and additional storage. A major advantage of this property is its recorded HCD 433A permanent-foundation status. Unlike a manufactured home located in a rental park, this property includes the land and is permanently affixed to real property—offering buyers the independence and long-term value of real-property ownership. Financing availability and requirements remain subject to lender approval. Located just minutes from the University of California, Riverside, this home offers convenient access to the UCR campus, University Avenue, neighborhood shopping, restaurants, everyday services, and the 60, 215, and 91 freeways. Its proximity to UCR may also appeal to university employees, students, families, and buyers seeking potential long-term rental demand. Whether you are looking for an affordable primary residence, a home near UCR, or a property with investment potential, 3067 Carl Street combines space, land ownership, accessibility, and value in one compelling opportunity.
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 | 1,248 | 1,867.892 |
| Lot Size | 8,276 | 8,787.773 |
| Price | $469.0K | $692.3K |
| Price per sq ft | $376 | $386 |
| Built year | 2004 | 1980 |
| HOA | $0 | $151 |
| Days on market | 6 | 55 |
Sep 3, 2026
$469,000
Initial Listing
Jan 23, 2014
$160,000
Public Record