3479 Hoover Street, Riverside, California 92504, Riverside, 92504 - 2 bed, 2 bath
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Riverside, California 92504
This Turnkey Residential Asset is a High-Potential Investment Opportunity, listed at $779,000—positioned above the $710,577 Fair Market Value. While priced at a premium, the property offers exceptional utility through its 14,810 sqft double lot, SB9 subdivision potential, and a separate pool house/guest house. With a Mint Condition Rating and high-end KitchenAid appliances, this home provides immediate rental income or multi-generational living flexibility. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, move-in-ready property with significant long-term development upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3479 Hoover Street Subject | $779,000* List Price | 2 | 2 | 1,202 | $591 | - |
A 7702 Cassia Sold | $670,000 | 4 | 2 | 1,372 | $488 | 0.5 mi |
B 3620 Hoover Sold | $630,000 | 3 | 2 | 1,265 | $498 | 0.2 mi |
C 7407 Emerald Sold | $550,000 | 2 | 2 | 780 | $705 | 0.5 mi |
D 3558 Washington Pending | $675,000 List Price | 3 | 2 | 1,316 | $513 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1967, the property has undergone a comprehensive renovation within the last 5 years. It features a brand-new roof, new windows, and a fully remodeled kitchen with high-end KitchenAid appliances. Both bathrooms have been updated with premium finishes, and the home includes new vinyl plank flooring and doors, meeting the criteria for mint condition with no immediate maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14810, living area = 1202.
The massive 14,810 sqft double lot provides rare investment flexibility, including SB9 subdivision potential, ADU/JADU additions, and a detached garage suitable for conversion.
The property features comprehensive modern upgrades, including a brand-new roof, energy-efficient windows, and a fully remodeled kitchen equipped with premium KitchenAid appliances.
At just 1,202 square feet with only two bedrooms, the main residence may be too small for larger families or buyers seeking a more substantial primary footprint.
The property is zoned for several middle schools with lower performance ratings (2-4), which could be a deterrent for education-focused families and impact future appreciation.
Welcome to this beautifully renovated one-level home in Riverside, offering modern upgrades, exceptional flexibility, and incredible investment potential. This move-in-ready property features a brand-new roof, vinyl plank flooring, new doors, new windows with elegant draperies, and a fully remodeled kitchen with high-end KitchenAid appliances. Both bathrooms have been tastefully updated with premium finishes throughout. Set on an expansive ~15,000 sqft double lot, this property offers multiple paths for expansion. Subdivide into two parcels through an SB9 lot split and build a second home, or keep the lot intact and add an ADU and JADU for extra rental income or multi-generational living. A separate pool house/guest house with full kitchen and bathroom, also can be expanded for extra room, adds even more versatility, and the detached two-car garage at the rear of the property presents an excellent opportunity for conversion into additional living space (buyer to verify permits and feasibility with the City of Riverside). Ideally situated on a quiet street with easy freeway access, this home is just minutes from UC Riverside, California Baptist University, parks, downtown Riverside, and shopping centers. Whether you're an investor, builder, or buyer looking for a forever home with room to grow, this Riverside gem checks every box. Perfect property for someone that is looking for a House with a guest house/ADU.
No exterior & parking available.
Grades K-6 • 1.1 mi
Grades PK-6 • 1.5 mi
Grades PK-6 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 12% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,202 | 1,461 | 20% |
| Lot Size | 14,810 | 8,276 | 70% |
| Price | $779.0K | $619.0K | 75% |
| Price per sq ft | $648 | $424 | 99% |
| Built year | 1967 | 1961 | 56% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 152 | 1% |
Jun 14, 2026
$779,000
Initial Listing
Oct 26, 2023
$735,000
Public Record
Jul 7, 2023
$432,000
Public Record
May 18, 2006
$324,000
Public Record