
Riverside, California 92506
This property presents a High-Potential Investment Opportunity with a List Price of $500,000—positioned well below the $506,466 Fair Market Value by 1.29%. This valuation gap offers $6,466 in Instant Equity for buyers willing to execute a renovation plan. With a Condition Rating of 5, the home requires a full modern transformation. The expansive 7,841-square-foot lot provides significant upside for expansion or ADU development. This is a value-add acquisition ideal for Fix-and-Flip Investors or Contractors seeking a project in the desirable Magnolia Center.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3457 Sunnyside Drive Subject 3 bd · 2 ba · 1,414 sqft · $358 | $500,000* List Price | 3 | 2 | 1,414 | $358 | - |
A 6041 Hamilton Sold 3 bd · 2 ba · 1,303 sqft · $441 · 0.4 mi | $575,000 | 3 | 2 | 1,303 | $441 | 0.4 mi |
B 6156 Elenor Sold 3 bd · 2 ba · 1,774 sqft · $338 · 0.4 mi | $599,900 | 3 | 2 | 1,774 | $338 | 0.4 mi |
C 4290 Jurupa Sold 3 bd · 2 ba · 1,442 sqft · $371 · 0.9 mi | $535,000 | 3 | 2 | 1,442 | $371 | 0.9 mi |
D 6630 Mount Diablo Sold 3 bd · 2 ba · 1,771 sqft · $350 · 0.6 mi | $620,000 | 3 | 2 | 1,771 | $350 | 0.6 mi |
E 6725 De Anza Avenue Sold 3 bd · 2 ba · 1,319 sqft · $451 · 0.6 mi | $595,000 | 3 | 2 | 1,319 | $451 | 0.6 mi |
F 3979 Bandini Sold 2 bd · 1 ba · 1,069 sqft · $442 · 0.9 mi | $472,000 | 2 | 1 | 1,069 | $442 | 0.9 mi |
G 5680 Osburn Sold 2 bd · 1 ba · 1,224 sqft · $421 · 0.5 mi | $515,000 | 2 | 1 | 1,224 | $421 | 0.5 mi |
H 3440 Mono Drive Active 3 bd · 2 ba · 1,540 sqft · $390 · 0.1 mi | $599,999 List Price | 3 | 2 | 1,540 | $390 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1953 and explicitly marketed as a 'fixer' and 'investor opportunity,' this property requires a full modern transformation. With no evidence of recent renovations to kitchens, baths, or systems, and visible deferred maintenance in the landscaping and exterior, it meets the criteria for a rehab project.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1414.
Situated in the highly desirable Magnolia Center neighborhood of Riverside, this property offers strong resale value and appeal within the sought-after 92506 zip code.
The expansive 7,840-square-foot lot provides ample space for outdoor living, potential expansions, or the addition of an Accessory Dwelling Unit (ADU).
As a designated fixer-upper, the property requires a substantial investment of time and capital to address necessary repairs and modernizations.
Due to its current condition, the property is primarily suited for cash buyers or investors, likely excluding traditional buyers reliant on conventional financing.
Prime Investor Opportunity in Riverside’s Desirable Magnolia Center Neighborhood! Bring your vision and tools to 3457 Sunnyside Dr, Riverside, CA 92506. Set on a generous 7,840-square-foot lot in the highly sought-after 92506 zip code, this single-family fixer offers incredible potential for cash buyers, flippers, or portfolio builders looking for their next rewarding project. Built in 1953, the home features 1,414 square feet of interior living space with a functional layout consisting of 3 bedrooms, 2 bathrooms, and a detached garage. Highlights include a classic brick fireplace in the living space and central cooling, providing a solid foundation for a full modern transformation.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,414 | 1,854.896 |
| Lot Size | 7,841 | 8,680.308 |
| Price | $500.0K | $698.4K |
| Price per sq ft | $354 | $380 |
| Built year | 1953 | 1982 |
| HOA | $0 | $156 |
| Days on market | 2 | 57 |
Oct 23, 2026
$500,000
Initial Listing
Oct 30, 1998
$125,000
Public Record