3420 Comer Avenue, Riverside, California 92507, Riverside, 92507 - 2 bed, 1 bath
3420 Comer Avenue
Riverside, California 92507
Property Price
SUMMARY
Analysis of 3420 Comer Avenue, Riverside, California 92507 reveals a property with a current list price of $480,000, which is 14% above the estimated $412,728 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 |
|---|---|---|---|---|---|---|
★ 3420 Comer Avenue Subject | $480,000* List Price | 2 | 1 | 720 | $573 | - |
A 2390 5th Street Sold | $490,000 | 2 | 2 | 860 | $570 | 0.1 mi |
B 4264 Victoria Ave. Active | $410,000 List Price | 2 | 1 | 840 | $488 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property, built in 1926, has undergone recent cosmetic updates including fresh paint, new laminate flooring throughout, and a remodeled kitchen with granite countertops and a tiled backsplash. While these updates make the home move-in ready, the kitchen still features an older-style range, and there are no images or details provided for the bathroom. The significant age of the property (1926) suggests that major systems (plumbing, electrical, HVAC) are likely outdated or nearing the end of their lifespan, despite the cosmetic improvements. The absence of a mentioned cooling system is also a notable weakness for the region. These factors prevent it from reaching a 'Good' score, as a truly 'Good' property would have more comprehensively updated major systems or be a much newer build.
PROSSTRENGTHS & OPPORTUNITIES
- Affordable Single-Family Home
Priced under $500,000, this property offers a rare opportunity to own a single-family home at a price point often associated with condos, making it highly attractive to first-time buyers or those seeking value.
- Recent Renovations & Updates
The home boasts fresh interior and exterior paint, a remodeled kitchen with granite countertops and tiled backsplash, and laminate flooring throughout, providing a move-in ready experience.
- Prime Riverside Location
Strategically located close to charming downtown Riverside, the University of California, Riverside (UCR), and the iconic Mission Inn, offering convenience and access to local amenities and attractions.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3485, other record lot size in square feet = 2613.
- Age of Construction
Built in 1926, the property's age may imply potential for older infrastructure (e.g., plumbing, electrical) and ongoing maintenance requirements not explicitly detailed in the description.
- Compact Interior Space
With only 720 sqft, the home offers limited living space, which might not accommodate larger families or those desiring more expansive rooms and storage.
About 3420 Comer Avenue
Cute Spanish style home awaits its new owners! Welcome to Riverside which is close to charming downtown, UCR, and the famous Mission Inn! Freshly painted inside and out, remodeled kitchen with granite countertops with tiled backsplash, large dining room, laminate floors throughout and "man-cave" garage! The large picture window in the front makes lots of light. There is plenty of parking in the front and drive, which boasts a new security fence with gate, as well as a covered carport. Nice front grassy area for the kids to play, too! Don't miss out on the opportunity to own a single-family home for a condo price under $500,000!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1926
- Lot Size
- 3,485 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 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 | 2.0 | 4.0 | 8% |
| Baths | 1.0 | 2.0 | 9% |
| Square foot | 720 | 1,773 | 2% |
| Lot Size | 3,485 | 8,276 | 3% |
| Price | $480.0K | $655.0K | 10% |
| Price per sq ft | $667 | $370 | 98% |
| Built year | 1926 | 1977 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 88 | 172 | 12% |
Pricing History
Listed for Sale
Dec 9, 2025
$480,000
Initial Listing
Sold
Apr 6, 2016
$200,000
Public Record
Sold
Sep 26, 2003
$135,000
Public Record
Sold
May 1, 1998
$54,000
Public Record