
Riverside, California 92504
This property presents a High-Potential Investment Opportunity with a List Price of $550,000—positioned slightly above the $538,696 Fair Market Value. While the home maintains a Condition Rating of 4, it features significant capital improvements including a new roof and updated HVAC systems. The expansive 9,583 sq. ft. lot provides substantial upside for future expansion or an ADU. This asset is a prime candidate for value-add renovations, making it an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to build equity through personalization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3496 Crowell Subject 3 bd · 2 ba · 1,038 sqft · $519 | $550,000* List Price | 3 | 2 | 1,038 | $519 | - |
A 4036 Eileen Sold 3 bd · 1 ba · 924 sqft · $498 · 0.7 mi | $460,000 | 3 | 1 | 924 | $498 | 0.7 mi |
B 4111 Saint Paul Place Sold 3 bd · 1 ba · 1,008 sqft · $571 · 0.8 mi | $576,000 | 3 | 1 | 1,008 | $571 | 0.8 mi |
C 8187 Buckingham Place Sold 3 bd · 2 ba · 1,353 sqft · $469 · 0.3 mi | $635,000 | 3 | 2 | 1,353 | $469 | 0.3 mi |
D 7869 Sycamore Avenue Sold 3 bd · 2 ba · 1,080 sqft · $528 · 0.8 mi | $570,000 | 3 | 2 | 1,080 | $528 | 0.8 mi |
E 3924 Wayne Court Sold 2 bd · 1 ba · 1,085 sqft · $488 · 0.7 mi | $530,000 | 2 | 1 | 1,085 | $488 | 0.7 mi |
F 8478 Williamsburg Sold 3 bd · 2 ba · 1,340 sqft · $470 · 0.8 mi | $630,000 | 3 | 2 | 1,340 | $470 | 0.8 mi |
G 2877 Sulky Court Sold 4 bd · 2 ba · 1,403 sqft · $427 · 0.8 mi | $599,000 | 4 | 2 | 1,403 | $427 | 0.8 mi |
H 3946 Shelby Drive Pending 3 bd · 2 ba · 1,088 sqft · $494 · 0.8 mi | $537,900 List Price | 3 | 2 | 1,088 | $494 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the home was built in 1954 and the interior is described as having 'original character' requiring updates to the kitchen and bathrooms, the property avoids a lower rating due to significant recent upgrades to major systems, including a new roof, newer central HVAC, and a newer water heater.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9583, living area = 1038.
The property features a new roof, newer central heating and air conditioning, and a newer water heater, providing peace of mind and reducing immediate capital expenditures for the buyer.
Situated on a generous 9,583 sq. ft. lot, the property offers significant outdoor space with established citrus and crepe myrtle trees, providing potential for expansion or an ADU.
At 1,038 sq. ft. for a 3-bedroom, 2-bathroom home, the interior layout may feel small or cramped for modern families seeking more spacious common areas.
The home retains much of its original 1954 character and requires significant cosmetic and functional updating to meet contemporary standards and buyer expectations.
Charming 3-Bedroom Home with Great Potential! This 3-bedroom, 2-bathroom home offers 1,038 sq. ft. of living space and is a wonderful opportunity for buyers looking to create a home that reflects their own style. Major improvements include a new roof, newer central heating and air conditioning, and a newer water heater. The home features a 2-car garage, driveway parking, and a cozy fireplace. Outside, enjoy the established landscaping with citrus trees and beautiful crepe myrtle trees, adding charm and seasonal color to the property. The interior retains much of its original character and is ready for updating, giving the next owner the opportunity to bring their vision and personal touches. With a desirable 3-bedroom, 2-bath layout and several important improvements already completed, this home offers plenty of potential. A great opportunity for a buyer looking to add value and make this home their own!
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 | 1,038 | 1,854.896 |
| Lot Size | 9,583 | 8,680.308 |
| Price | $550.0K | $698.4K |
| Price per sq ft | $530 | $380 |
| Built year | 1954 | 1982 |
| HOA | $0 | $156 |
| Days on market | 16 | 57 |
Oct 8, 2026
$550,000
Initial Listing