3432 Russell, Riverside, California 92501, Riverside, 92501 - 3 bed, 1 bath
Loading property details...
Riverside, California 92501
This Hybrid Residential Property is a High-Potential Investment Opportunity, listed at $649,000—positioned well above the $581,714 Fair Market Value. While the list price exceeds the current valuation, the property offers significant utility through its remodeled 1-bedroom ADU and open-concept main residence. With a Condition Rating of 3, the home features modern interior finishes and ample parking for 6 vehicles. This versatile asset is ideal for Buy-and-Hold Investors seeking rental income or Owner-Occupants looking to offset mortgage costs through house hacking.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3432 Russell Subject | $649,000* List Price | 3 | 1 | 1,240 | $469 | - |
A 3245 Chase Sold | $686,000 | 3 | 2 | 1,250 | $549 | 0.5 mi |
B 3045 Cedar Street Sold | $475,000 | 2 | 1 | 1,000 | $475 | 0.8 mi |
C 3790 Nuttree Sold | $550,000 | 3 | 2 | 1,154 | $477 | 0.9 mi |
D 3958 4th Sold | $573,000 | 2 | 1 | 1,364 | $420 | 0.8 mi |
E 4037 Weyer Street Sold | $599,000 | 3 | 2 | 1,056 | $567 | 1.0 mi |
F 3842 Ridge Road Sold | $540,000 | 3 | 2 | 1,023 | $528 | 0.5 mi |
G 3943 Ridge Road Active | $590,000 List Price | 3 | 2 | 1,436 | $411 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Originally built in 1946, the property has undergone significant recent renovations including a remodeled kitchen with quartz countertops and subway tile, updated bathrooms, and a fully remodeled detached ADU. While the exterior shows some age and the presence of a window AC unit suggests older climate systems, the interior finishes are modern and the home is move-in ready.
The property features a detached, fully remodeled 1-bedroom, 1-bath ADU with private access, offering significant rental income potential or a perfect setup for multi-generational living.
The main residence boasts a fully remodeled kitchen and bathroom, complemented by wood flooring and an open-concept layout that enhances the home's flow and aesthetic appeal.
Rare for this area, the property includes an attached 2-car garage and a long driveway that accommodates up to 6 vehicles, providing exceptional convenience for residents and guests.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1240, other record living area = 1040. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The main 3-bedroom residence is served by only one bathroom, which may be a functional drawback for larger families or impact long-term resale value.
Built in 1946, the property may have underlying infrastructure or utility systems that require more frequent maintenance compared to newer residential developments.
This unique property offers exceptional flexibility for homeowners and investors alike. The main residence features 3 bedrooms and 1 remodeled bathroom, complemented by a beautifully updated kitchen, wood flooring, and an open-concept design that seamlessly connects the living room, dining area, and kitchen—perfect for entertaining and everyday living. The detached, fully remodeled 1-bedroom, 1-bath ADU provides excellent income-producing potential or comfortable accommodations for extended family. With both private exterior access and direct entry through the attached 2-car garage, the ADU offers convenience and privacy. Additional highlights include a separate entrance to one of the bedrooms in the main home, ideal for multi-generational living, a home office, guest quarters, or added privacy. The expansive lot provides plenty of room to grow, garden, or create additional outdoor living spaces. Enjoy a spacious front yard, mature landscaping, abundant natural light, and a long driveway with parking for up to 6 vehicles. The property's functional layout, ample parking, and versatile living spaces make it an excellent opportunity for owner-occupants, investors, or those seeking rental income. Conveniently located near shopping, dining, schools, parks, and major transportation routes, this move-in-ready property combines comfort, flexibility, and investment potential in one outstanding package.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,240 | 1,723 |
| Lot Size | 6,534 | 8,712 |
| Price | $649.0K | $676.0K |
| Price per sq ft | $523 | $395 |
| Built year | 1946 | 1977 |
| HOA | $0 | $125 |
| Days on market | 43 | 58 |
Jul 15, 2026
$649,000
$650,000
+0% Price Increase
Initial Listing
Jun 9, 2026
$650,000
Initial Listing
Aug 18, 2020
$255,000
Public Record
Oct 22, 2004
$240,000
Public Record