3393 Eucalyptus Avenue, Riverside, California 92507, Riverside, 92507 - 3 bed, 1 bath
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Riverside, California 92507
This 1923 California Bungalow serves as a strategic Value-Add Asset listed at $449,900, offering a stable valuation near its $417,626 Fair Market Value. The property holds a Condition Rating of 4, featuring a New Roof and Granite Kitchen Counters but requiring modernization to unlock its full potential. With unpermitted living space and significant ADU Potential on a Large Corner Lot within the Riverside Unified district, the property offers a path to forced appreciation. Its location near UCR ensures high rental demand, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3393 Eucalyptus Avenue Subject | $424,900* List Price | 3 | 1 | 832 | $465 | - |
A 2190 9th St Sold | $475,000 | 3 | 2 | 969 | $490 | 0.5 mi |
B 2810 11th Street Sold | $467,500 | 3 | 2 | 1,120 | $417 | 0.6 mi |
C 4264 Victoria Avenue Active | $410,000 List Price | 2 | 1 | 840 | $488 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1923, this property is aged but functional, currently serving as a rental. While it features minor updates like granite kitchen counters and a newer water heater, it lacks central HVAC (using window units instead) and has an outdoor laundry area. The presence of unpermitted additions and the 'as-is' sale condition indicate the home requires modernization and minor repairs to meet current standards.
Single story California bungalow home close to downtown and freeways. New roof! New interior paint. There is 1 additional bedroom and 2 additional 3/4 baths without permits. Small basement ideal for storage. Detached one car garage. Cement slab can accommodate one car on the south side of property. Large yards fully fenced with block, wood and chain link fencing. Side gates to access rear yards. Bedrooms are currently rented. High ceilings. Window-wall a/c in all rooms. Ceiling fans in all rooms. Oversize front porch ideal for relaxing. Covered laundry area outdoors. Newer water heater in basement. Minutes from downtown, the University of California Riverside (UCR), Riverside community college (RCC), Mission Inn Hotel and Spa and much more. Potential for an ADU, verify with the city of Riverside planning dept. Large corner lot. Granite kitchen counters. Plenty of parking in front and side of home. Storage shed in backyard. This home has lots of potential! Home is sold as is. Tenant occupied. Reduced $25,000!!!!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 48% |
| Baths | 1.0 | 2.0 | 9% |
| Square foot | 832 | 1,739.5 | 5% |
| Lot Size | 4,792 | 8,276 | 13% |
| Price | $424.9K | $650.5K | 4% |
| Price per sq ft | $511 | $388 | 92% |
| Built year | 1923 | 1974 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 66 | 189 | 9% |
Apr 16, 2026
$424,900
$449,900
-6% Price Drop
Initial Listing
Feb 15, 2026
$449,900
Initial Listing
Feb 8, 2012
$98,000
Public Record
Mar 28, 2003
$122,000
Public Record