3555 Ross, Riverside, California 92503, Riverside, 92503 - 2 bed, 2 bath
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Riverside, California 92503
This property presents a High-Potential Investment Opportunity with a List Price of $513,000—positioned well above the $450,441 Fair Market Value by -13%. While the home requires significant capital expenditure due to its Condition Rating of 5, the 1,219 sqft floor plan and patio feature provide a solid foundation for value-add renovations. Located near major educational hubs like UCR and RCC, this asset is well-positioned for long-term rental demand. This project is best suited for Fix-and-Flip Investors or first-time buyers capable of managing a full-scale rehabilitation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3555 Ross Subject | $513,000* List Price | 2 | 2 | 1,219 | $381 | - |
A 3914 Mckenzie Sold | $500,000 | 2 | 2 | 1,260 | $397 | 0.9 mi |
B 9304 Martha Sold | $500,000 | 3 | 2 | 1,104 | $453 | 0.9 mi |
C 3151 Neptune Drive Sold | $567,000 | 3 | 2 | 1,178 | $481 | 0.9 mi |
D 10091 Shirley Pending | $490,000 List Price | 3 | 2 | 1,163 | $421 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1955 (69 years old) with no evidence of recent renovations. The listing explicitly describes the property as a 'diamond in the rough' and an 'as-is' sale, indicating it needs significant rehab. Interior photos show dated wallpaper, popcorn ceilings, and worn surfaces consistent with a home requiring a full overhaul of systems and finishes.
The property is ideally situated within walking distance of the Tyler Mall and offers easy access to Downtown Riverside, UCR, and RCC, making it highly attractive for commuters and shoppers.
Marketed as a 'diamond in the rough,' this home provides a substantial opportunity for investors or DIY buyers to build equity through strategic renovations and modernization.
With 1,219 square feet of living space including a dedicated dining room and country kitchen, the layout offers a solid foundation for a comfortable starter home or rental property.
The property requires significant attention and repairs to reach its full potential, which will necessitate an immediate and potentially large capital investment from the buyer.
Being sold in 'as-is' condition with no seller repairs may complicate financing for traditional buyers, particularly those utilizing FHA or VA loans that have strict habitability requirements.
A DIAMOND IN THE ROUGH!!! THIS GEM HAS SO MANY POSSIBILITIES FEATURING 2 BEDROOM, 2 BATH, LIVING ROOM, DINING ROOM, COUNTRY KITCHEN... THIS HOME NEEDS A LOVING BUYER WHO CAN GIVE IT A LITTLE EXTRA ATTENTION TRANSFORMING THIS INTO A SHINING DIAMOND! SITUATED WITHIN WALKING DISTANCE FROM THE TYLER MALL, CLOSE TO LOCAL SHOPPING, ALSO NOT TOO FAR FROM UCR, RCC, ROCKING DOWNTOWN RIVERSIDE WITH AN UPSCALE VIBE, MISSION INN, AND ALL RIVERSIDE HAS TO OFFER. GREAT FOR A FIRST TIME BUYER OR AN INVESTOR THAT SEES ITS POTENTIAL. VALUE IS THERE - IT IS BEING SOLD "AS IS", NO REPAIRS WILL BE MADE BY SELLER - AGENTS SEE PRIVATE REMARKS FOR MORE INFO.
No exterior & parking available.
Grades PK-6 • 0.7 mi
Grades K-5 • 1.3 mi
Grades PK-5 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 5% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,219 | 1,634 | 24% |
| Lot Size | 6,534 | 7,841 | 24% |
| Price | $513.0K | $660.0K | 10% |
| Price per sq ft | $421 | $392 | 61% |
| Built year | 1955 | 1983 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 153 | 2% |
May 6, 2026
$513,000
Initial Listing