
Riverside, California 92506
This property presents a High-Potential Investment Opportunity with a List Price of $699,000—positioned well below the $702,015 Fair Market Value by 0.43%. This valuation gap offers $3,015 in Instant Equity for buyers. Featuring a 5-bedroom layout on a 13,504 sqft corner lot with RV parking, the home has a Condition Rating of 5, requiring significant interior modernization. This asset is ideal for Fix-and-Flip Investors or Owner-Occupants seeking to build sweat equity through strategic renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 352 Leafwood Court Subject | $699,000* List Price | 5 | 3 | 2,611 | $269 | - |
A 6879 Mission Grove Pkwy N Sold | $750,000 | 4 | 3 | 2,240 | $335 | 0.3 mi |
B 110 Sandpoint Pending | $550,000 List Price | 4 | 3 | 2,430 | $226 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is 35 years old (built in 1991) and remains mostly in its original condition. The kitchen features dated oak cabinets and old vinyl flooring, the bedrooms have heavily stained carpets, and the main living areas are completely missing flooring, exposing bare concrete. The listing explicitly states it needs updating and is a sweat-equity rehab opportunity.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13504, living area = 2611.
Situated on a generous 13,504 sqft corner cul-de-sac lot, the property features a large driveway and dedicated RV parking, offering rare utility and privacy for the neighborhood.
The 2,611 sqft layout includes soaring ceilings and a massive bonus room that can serve as a fifth bedroom or office, providing excellent flexibility for large families or multi-generational living.
The interior requires comprehensive modernization and cosmetic repairs, which will necessitate a substantial additional investment of time and capital immediately after purchase.
Marketed as a fixer-upper, the property may struggle to attract traditional buyers looking for a move-in-ready home, potentially limiting the pool of conventional financing options.
Opportunity knocks! Located on a corner cul-de-sac lot, this spacious home offers 4 bedrooms plus a huge bonus room that could easily be used as a loft, game room, office, or even a large 5th bedroom. Featuring RV parking, a large driveway, soaring ceilings, and a functional floor plan, this home has all the right ingredients. The home needs updating and is priced accordingly, making it a great opportunity for buyers looking to build sweat equity and customize a home to their own style. Whether you’re an investor or a buyer willing to put in some work while living in the home, there’s plenty of potential here. With a spacious backyard, desirable location, and room to grow, this is your chance to create something special at an affordable price. Bring your vision and make it your own!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,611 | 1,723 |
| Lot Size | 13,504 | 8,712 |
| Price | $699.0K | $676.0K |
| Price per sq ft | $268 | $395 |
| Built year | 1991 | 1977 |
| HOA | $0 | $125 |
| Days on market | 34 | 58 |
Jun 18, 2026
$699,000
Initial Listing
Oct 21, 2019
$510,000
Public Record