3568 Verde Street, Riverside, California 92504, Riverside, 92504 - 4 bed, 2 bath
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3568 Verde Street
Riverside, California 92504
ACTIVE
CONDITION: FAIR
4Beds
2Baths
1,204Sq Ft
6,970Lot Size
Property Price
LIST PRICE$635,000
EST. MARKET VALUE
$584,006
8% AboveMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $635,000—positioned well below the $584,007 Fair Market Value by -8%. While the home maintains a Condition Rating of 4, its prime location near the 91 freeway and Riverside Unified schools offers significant long-term stability. The expansive lot provides clear potential for an ADU or pool, making this a versatile Value-Add Asset. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic modernization.
Estimated Market Value
$584,006
Based on Realkey algorithm analyzing recent comparable sales in Riverside.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3568 Verde Street Subject 4 bd · 2 ba · 1,204 sqft · $485 | $635,000* List Price | 4 | 2 | 1,204 | $485 | - |
A 3684 Cortez Street Sold 3 bd · 2 ba · 1,242 sqft · $403 · 0.2 mi | $500,000 | 3 | 2 | 1,242 | $403 | 0.2 mi |
B 3619 Hoytt Street Sold 4 bd · 2 ba · 1,346 sqft · $430 · 0.2 mi | $579,000 | 4 | 2 | 1,346 | $430 | 0.2 mi |
C 3638 Lillian Sold 4 bd · 2 ba · 1,372 sqft · $441 · 0.2 mi | $605,000 | 4 | 2 | 1,372 | $441 | 0.2 mi |
D 7335 Lydia Avenue Sold 4 bd · 2 ba · 1,248 sqft · $435 · 0.9 mi | $542,257 | 4 | 2 | 1,248 | $435 | 0.9 mi |
E 8187 Buckingham Place Sold 3 bd · 2 ba · 1,353 sqft · $469 · 0.7 mi | $635,000 | 3 | 2 | 1,353 | $469 | 0.7 mi |
F 7451 Diamond Sold 4 bd · 2 ba · 1,196 sqft · $477 · 0.5 mi | $570,000 | 4 | 2 | 1,196 | $477 | 0.5 mi |
G 7142 Potomac Sold 3 bd · 1 ba · 1,224 sqft · $408 · 0.7 mi | $500,000 | 3 | 1 | 1,224 | $408 | 0.7 mi |
H 3862 San Marcos Avenue Active 4 bd · 2 ba · 1,473 sqft · $424 · 0.4 mi | $625,000 List Price | 4 | 2 | 1,473 | $424 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property was built in 1950 and features some recent cosmetic updates, including interior/exterior paint from three years ago and updated laminate flooring. However, it remains dated overall, utilizing window AC units instead of modern central HVAC, and features basic kitchen/bath fixtures that require further modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
The property is ideally situated within half a mile of the 91 freeway, major shopping centers, and schools, offering exceptional convenience for commuters and families.
- Expansion Potential
Featuring a generous lot with a large backyard, the property provides significant opportunities to add a pool, an ADU, or additional living space to increase future value.
- Recent Maintenance
With fresh interior and exterior paint completed within the last three years, the home presents a well-maintained aesthetic that reduces immediate move-in cosmetic costs.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Compact Living Space
At 1,204 square feet for a four-bedroom home, the interior layout may feel cramped, with smaller individual room sizes and limited common area space.
- Aging Infrastructure
Built in 1950, the property may require future investments in original systems or structural elements typical of homes from this era to meet modern efficiency standards.
About 3568 Verde Street
BEAUTIFUL PROPERTY WAS PAINTED INSIDE AND OUT THREE YEARS AGO, CLOSE TO THE 91 FWYS, SHOPPING CENTERS AND ALL THE SCHOOLS, JUST EVERYTHING HELF MILE OF THE PROPERTY. PROPERTY HAS 4 GORGEOUS BEDROOMS AND 2 SPACIOUS BATHROOMS WITH ALL THE AMENITIES. NICE FROMT WITH HUGE YARD AND A SUPER HUGE BACK YARD TO EXPAND THE PROPERTY OR TO BUILD A POOL OR OTHER BEDROOM AND BATHROOM IF YUO WANT.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1950
- Lot Size
- 6,970 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 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 |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,204 | 1,854.896 |
| Lot Size | 6,970 | 8,680.308 |
| Price | $635.0K | $698.4K |
| Price per sq ft | $527 | $380 |
| Built year | 1950 | 1982 |
| HOA | $0 | $156 |
| Days on market | 33 | 57 |
Pricing History
Listed for Sale
Sep 21, 2026
$635,000
Initial Listing
Sold
May 23, 2022
$518,000
Public Record
Sold
Jul 30, 2014
$255,000
Public Record