3483 Skylane Drive, Riverside, California 92509, Riverside, 92509 - 2 bed, 1 bath
3483 Skylane Drive
Riverside, California 92509
Property Price
SUMMARY
Analysis of 3483 Skylane Drive, Riverside, California 92509 is currently available with a list price of $470,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1949, this 75-year-old property shows significant signs of age and deferred maintenance. The heating and cooling systems are outdated (wall heater and window AC units). The kitchen features a mix of dated cabinets (some appearing poorly painted black in one image, light wood in others) and some newer appliances/countertops, indicating inconsistent and piecemeal updates. The bathroom has a newer vanity but very old, dated wall tiles. Flooring is a mix of worn tile and laminate. The exterior and backyard are neglected and require substantial cleanup and landscaping. Overall, the property requires significant rehabilitation to meet modern standards and comfort.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 715.
- Scenic Mountain Views
The property offers desirable mountain views, enhancing its aesthetic appeal and potential value.
- Ideal for First-Time Homebuyers
Explicitly marketed as 'Perfect for first time home buyers,' indicating an accessible entry point into homeownership.
CONSRISKS & DEFICIENCIES
- Compact Interior Space
At 715 sqft, the interior living space is relatively small, which may not accommodate buyers seeking more room or larger families.
- Single Bathroom
The presence of only one bathroom for a two-bedroom home can be a functional limitation for occupants and guests.
- Age of Property
Built in 1949, the home is 75 years old, potentially indicating a need for updates to systems, infrastructure, or general modernization.
About 3483 Skylane Drive
Cute as a button, this is a two bedrooms and one-bathroom spacious living room. Perfect for first time home buyers.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1949
- Lot Size
- 8,276 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 | 7% |
| Baths | 1.0 | 2.0 | 9% |
| Square foot | 715 | 1,747 | 1% |
| Lot Size | 8,276 | 7,841 | 54% |
| Price | $470.0K | $667.1K | 8% |
| Price per sq ft | $657 | $385 | 97% |
| Built year | 1949 | 1984 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 130 | 172 | 29% |
Pricing History
Listed for Sale
Dec 17, 2025
$470,000
$485,000
-3% Price Drop
Initial Listing
Price Change
Oct 28, 2025
$485,000
Initial Listing