3076 Ronald, Riverside, California 92506, Riverside, 92506 - 4 bed, 2 bath
3076 Ronald
Riverside, California 92506
Property Price
SUMMARY
Analysis of 3076 Ronald, Riverside, California 92506 reveals a Prime Investment Opportunity with a current list price of $589,900—significantly undercutting the $616,844 Fair Market Value by 4%. This valuation gap indicates a +$26,944 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3076 Ronald Subject | $589,900* List Price | 4 | 2 | 1,278 | $483 | - |
A 6958 Goodview Sold | $603,000 | 3 | 2 | 1,110 | $543 | 0.4 mi |
B 3036 Miguel Sold | $575,000 | 3 | 2 | 1,148 | $501 | 0.1 mi |
C 3130 David Street Sold | $570,000 | 3 | 1 | 1,032 | $552 | 0.1 mi |
D 2717 Gleason Court Sold | $670,000 | 3 | 2 | 1,288 | $520 | 0.6 mi |
E 3179 Jane Street Sold | $680,000 | 3 | 2 | 1,717 | $396 | 0.2 mi |
F 6064 Riverside Sold | $560,000 | 3 | 2 | 1,506 | $372 | 0.9 mi |
G 3180 Jane Active | $549,000 List Price | 3 | 1 | 1,292 | $425 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 1954, this home has undergone significant and recent updates, making it move-in ready. The kitchen features modern white shaker cabinets, contemporary countertops, and stainless steel appliances. Throughout the living areas and bedrooms, updated laminate wood-look flooring and recessed lighting provide a fresh aesthetic. Bathrooms are clean and functional with updated tiling, though one features a more traditional pedestal sink. The addition of paid-off solar panels is a major system upgrade. While the underlying infrastructure of a 1954 home may be older, the visible components are well-maintained and stylish, aligning with a 'Good' condition rating.
PROSSTRENGTHS & OPPORTUNITIES
- Energy Efficiency & Cost Savings
The property features paid-off solar panels, significantly reducing energy costs and enhancing its long-term value.
- Prime Location & Accessibility
Located on a desirable treelined street, offering convenient walking access to schools, shopping, and easy freeway access.
- Well-Maintained & Functional Layout
The home is beautifully maintained with a bright, open, and functional layout that provides comfort and convenience for modern living.
CONSRISKS & DEFICIENCIES
- Age of Property & Potential System Updates
Built in 1954, while maintained, the property may have aging infrastructure (e.g., plumbing, electrical, HVAC) that could require future investment or upgrades.
- Limited Interior Square Footage
At 1278 sqft for 4 bedrooms, the interior living space might feel constrained for larger families or those desiring more expansive rooms.
- Absence of Mentioned Central Cooling System
The property description does not specify the presence of a central cooling system, which could be a significant consideration in Riverside's warm climate.
About 3076 Ronald
Welcome to this beautifully maintained 4-bed, 2-bath home in a treelined street in a desirable area of Riverside. This residence features paid-off solar, making it energy efficient and cost-effective for its new owners. Inside, enjoy a bright, open layout that flows effortlessly. The kitchen offers ample counter space and bar seating, perfect for casual dining and entertaining. The home’s functional layout provides comfort and convenience for modern living. Step outside to the spacious backyard with a covered patio, ideal for relaxing or hosting summer barbecues and creating your dream outdoor space. Located within walking distance to schools, shopping, and easy freeway access, this home blends comfort, convenience, and offering exceptional value in one of Riverside’s most desirable neighborhoods.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1954
- Lot Size
- 6,534 Sq. Ft.
Interior
- Total Bedrooms
- 4
- 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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,278 | 2,006 | 14% |
| Lot Size | 6,534 | 10,454 | 10% |
| Price | $589.9K | $747.9K | 16% |
| Price per sq ft | $462 | $386 | 80% |
| Built year | 1954 | 1968 | 34% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 184 | 2% |
Pricing History
Listed for Sale
Jan 28, 2026
$589,900
Initial Listing
Sold
Sep 30, 2024
$589,000
Public Record
Sold
Aug 25, 2021
$490,000
Public Record
Sold
Aug 24, 2015
$258,000
Public Record
Sold
Oct 27, 1997
$78,000
Public Record