3330 Highcliff, Riverside, California 92506, Riverside, 92506 - 3 bed, 2 bath
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Riverside, California 92506
This property presents a High-Potential Investment Opportunity with a List Price of $599,000—positioned well above the $574,930 Fair Market Value by -4%. Featuring a Condition Rating of 4, the home offers significant value-add potential through cosmetic modernization. The expansive 0.38-acre lot provides rare utility, including RV parking, a workshop, and ADU potential. Located in the established Magnolia Center, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic renovations in a prime Riverside location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3330 Highcliff Subject | $599,000* List Price | 3 | 2 | 1,604 | $358 | - |
A 6762 Rainier Court Sold | $620,000 | 4 | 3 | 1,630 | $380 | 0.9 mi |
B 5239 Coventry Sold | $755,000 | 4 | 3 | 2,118 | $356 | 0.9 mi |
C 3208 Gibraltar Active | $635,000 List Price | 3 | 2 | 2,018 | $315 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985 (39 years old) with no evidence of recent major renovations. The interior features dated 1980s elements including popcorn ceilings, original oak cabinetry in the bathrooms/built-ins, and older carpet. While functional and appearing well-maintained, the property requires cosmetic updates and modernization of the kitchen and baths to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16553, living area = 1604.
The generous 0.38-acre lot features extensive concrete RV parking, a large workshop, and a mature orchard, offering rare utility and significant ADU potential.
In addition to three bedrooms, the home includes a den/office and a large bonus room, providing the versatility to easily create a fourth bedroom or dedicated workspace.
Built in 1985 with no mention of recent interior updates, the home may require capital investment for cosmetic or functional renovations to meet modern standards.
The property does not offer any designated views, which may be a drawback for buyers specifically looking for the elevated vistas common in parts of Riverside.
Welcome to this inviting 3-bedroom, 2-bath single-story home located on a generous 0.38-acre lot in the established Magnolia Center neighborhood. Built in 1985, this single-family residence offers a flexible den/office that can easily serve as a fourth bedroom, expansive concrete RV parking with room for multiple RVs, a large backyard workshop, potential ADU opportunities, and a mature orchard with a variety of seasonal fruit trees. Additional features include an attached 2-car garage, an additional large bonus room, and a durable tile roof. Ideally situated in Riverside’s desirable 92506 zip code, the home offers convenient access to parks, schools, shopping, dining, and entertainment at Riverside Plaza. Enjoy the charm of a well-established neighborhood with easy access to the 91, 60, and 215 freeways, as well as close proximity to Downtown Riverside, the University of California, Riverside, California Baptist University, and more.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,604 | 1,866.5 | 35% |
| Lot Size | 16,553 | 9,583 | 75% |
| Price | $599.0K | $725.0K | 17% |
| Price per sq ft | $373 | $392 | 38% |
| Built year | 1985 | 1965 | 73% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 134 | 4% |
May 8, 2026
$599,000
Initial Listing
Jul 28, 2006
$447,000
Public Record