
Riverside, California 92505
This Value-Add Residential Asset is listed at $576,000, positioned relative to its $521,688 Fair Market Value in the sought-after La Sierra area. Holding a Condition Rating of 5, the home requires a comprehensive renovation to modernize its 1959 construction and major systems. The property features a desirable 4-bedroom floor plan, a private pool, and a 7,405 sq ft lot on a quiet cul-de-sac. Located within the Riverside Unified district near Hillcrest High (6/10), it offers significant potential for forced appreciation through modernization. This is an ideal project for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3666 Ada Court Subject | $576,000* List Price | 4 | 2 | 1,364 | $382 | - |
A 11140 Montlake Drive Sold | $617,000 | 4 | 2 | 1,364 | $452 | 0.1 mi |
B 4271 Hines Avenue Sold | $575,000 | 3 | 2 | 1,320 | $436 | 1.0 mi |
C 4201 Ferguson Court Sold | $605,000 | 3 | 2 | 1,384 | $437 | 0.7 mi |
D 4389 Drexel Avenue Sold | $635,000 | 4 | 2 | 1,619 | $392 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1959, this property is 65 years old and the listing explicitly states it 'needs some TLC' and requires 'significant renovation.' The description highlights 'older construction' with likely outdated major systems (plumbing, electrical, HVAC) needing costly replacement. While not explicitly 'beyond repair,' it requires substantial rehabilitation to address significant defects and bring it to a functional, safe, and comfortable standard. The lack of interior photos, combined with the overall description, strongly suggests the kitchen and bathrooms are severely outdated and in poor condition, consistent with the property's age and stated need for extensive renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1364.
Situated in the desirable La Sierra area, offering a quiet cul-de-sac setting and convenient access to schools, shopping, parks, and freeways.
Presents a significant opportunity for investors or homeowners to customize and add value through renovation, unlocking its full potential.
The property explicitly 'needs some TLC,' indicating substantial updates and repairs are required, which will incur additional costs and effort.
Built in 1959, the home likely features outdated systems and components (e.g., plumbing, electrical, HVAC) that may require costly replacement or upgrades.
The description suggests the property is being sold in an 'as-is' condition, meaning the buyer will be responsible for all necessary repairs and improvements without seller contribution.
Great opportunity in the desirable La Sierra area of Riverside! This single-story home offers 4 bedrooms, 2 bathrooms, and approximately 1,364 sq ft of living space on a 7,405 sq ft lot. The property needs some TLC but has tons of potential for a buyer willing to roll up their sleeves. Ideal for an investor or homeowner looking to renovate and make it their own. Features include a spacious floor plan, large backyard, a pool and a quiet cul-de-sac location. Conveniently located near schools, shopping, parks, and freeway access. Don’t miss this chance to bring your vision to life and unlock this home’s full potential!
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades PK-5 • 0.9 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 59% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,364 | 1,493 | 34% |
| Lot Size | 7,405 | 7,841 | 45% |
| Price | $576.0K | $640.0K | 21% |
| Price per sq ft | $422 | $426 | 49% |
| Built year | 1959 | 1977 | 30% |
| HOA | $0 | $0 | 50% |
| Days on market | 170 | 172 | 49% |
Nov 3, 2025
$576,000
Initial Listing