3569 Bandini, Riverside, California 92506, Riverside, 92506 - 3 bed, 3 bath
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Riverside, California 92506
This Historic Spanish Revival Home is a High-Potential Investment Opportunity, listed at $865,000—positioned well above the $731,067 Fair Market Value. While priced as a premium asset, the property features an Excellent Condition Rating following extensive 2026 renovations, including a remodeled kitchen and updated bathrooms. The permitted 300 sq. ft. recreation room with a kitchenette offers significant versatility for multigenerational living or rental income. Located in the iconic Wood Streets neighborhood, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, character-rich residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3569 Bandini Subject | $864,000* List Price | 3 | 3 | 1,618 | $465 | - |
A 3708 Jurupa Sold | $605,000 | 3 | 1 | 1,314 | $460 | 0.4 mi |
B 3642 Larchwood Place Sold | $750,000 | 3 | 2 | 1,714 | $438 | 0.3 mi |
C 3493 Bandini Sold | $660,000 | 3 | 1 | 1,276 | $517 | 0.1 mi |
D 3495 Mono Drive Sold | $605,000 | 3 | 2 | 1,392 | $435 | 0.7 mi |
E 5654 Tower Active | $709,000 List Price | 3 | 2 | 1,652 | $429 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1936, the property has undergone extensive recent renovations as of 2026, placing it in the excellent category. The kitchen and all three bathrooms have been fully remodeled with modern finishes, and the systems have been upgraded with dual-pane windows, a new mini-split HVAC in the bonus room, and an updated electrical panel.
Situated in the highly coveted Wood Streets neighborhood, this property offers the prestige and charm of one of Riverside’s most iconic and sought-after historic districts.
The permitted 300 sq. ft. recreation room above the garage features a kitchenette and bathroom, providing excellent potential for an ADU, guest suite, or home office.
This 1936 Spanish Revival home seamlessly blends original architectural character with modern upgrades, including a remodeled kitchen, updated bathrooms, and energy-efficient dual-pane windows.
The 5,663 sq. ft. lot is relatively compact for the area, which may limit outdoor recreational space or future expansion possibilities.
The property is zoned for a middle school with a low rating of 2, which may be a concern for families prioritizing high-performing educational districts.
Historic Spanish Revival home in the heart of Riverside's highly sought-after Wood Streets, thoughtfully modernized while preserving its timeless character. This unique property offers a 3 bedroom, 2 bathroom main home (1,318 sq ft) plus a permitted 300 sq ft recreation room above the detached garage, for approximately 1,618 sq ft of total living space. The main home features beautifully refinished original hardwood floors (2026), fresh interior and exterior paint (2026), and an updated kitchen that was completely remodeled in 2017 and enhanced with new tile flooring in 2026. The primary bathroom was remodeled in 2017, while the hall bathroom underwent a complete down-to-the-studs renovation in 2026. Dual-pane windows installed in 2016 provide improved energy efficiency and comfort. The permitted recreation room above the garage was extensively updated in 2026 with a new bathroom, kitchenette, and mini-split heating and cooling system, creating flexible space for guests, a home office, game room, creative studio, or multigenerational living. Additional improvements include main house roof repairs (2026), new backyard fencing (2026), a newer garage door (2018), and a new electric water heater. The detached garage also features washer and dryer hookups and a 100-amp electrical panel, offering future flexibility for additional uses. A rare opportunity to own a beautifully updated character home in one of Riverside's most desirable historic neighborhoods.
No exterior & parking available.
Grades PK-6 • 0.6 mi
Grades K-6 • 1.4 mi
Grades K-6 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 53% |
| Square foot | 1,618 | 1,866.5 | 36% |
| Lot Size | 5,663 | 9,583 | 5% |
| Price | $864.0K | $726.3K | 73% |
| Price per sq ft | $534 | $395 | 90% |
| Built year | 1936 | 1964 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 134 | 4% |
Jun 3, 2026
$864,000
$865,000
+0% Price Increase
Initial Listing
May 1, 2026
$865,000
Initial Listing
Sep 28, 2016
$340,000
Public Record
Nov 26, 2003
$268,000
Public Record