3748 Skylark, Riverside, California 92505, Riverside, 92505 - 3 bed, 3 bath
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3748 Skylark
Riverside, California 92505
ACTIVE
CONDITION: FAIR
3Beds
3Baths
1,795Sq Ft
8,276Lot Size
Property Price
LIST PRICE$645,000
EST. MARKET VALUE
$652,399
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $655,000—positioned well below the $656,828 Fair Market Value by 0.28%. This valuation gap offers $1,828 in Instant Equity for buyers. With a Fair Condition Rating, the home requires modernization, yet its 1,795 sqft floor plan, large 8,276 sqft lot, and mountain views provide excellent upside. Ideally located near Riverside Unified schools, this is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value.
Estimated Market Value
$652,399
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 |
|---|---|---|---|---|---|---|
★ 3748 Skylark Subject 3 bd · 3 ba · 1,795 sqft · $363 | $645,000* List Price | 3 | 3 | 1,795 | $363 | - |
A 11337 Royal Palm Sold 3 bd · 2 ba · 1,520 sqft · $428 · 0.1 mi | $650,000 | 3 | 2 | 1,520 | $428 | 0.1 mi |
B 11341 Rancho La Brea Sold 4 bd · 3 ba · 1,893 sqft · $364 · 0.3 mi | $688,888 | 4 | 3 | 1,893 | $364 | 0.3 mi |
C 3898 Middleton Place Sold 4 bd · 3 ba · 1,902 sqft · $371 · 0.2 mi | $705,000 | 4 | 3 | 1,902 | $371 | 0.2 mi |
D 10852 Kloiber Street Sold 4 bd · 2 ba · 1,656 sqft · $393 · 0.6 mi | $650,500 | 4 | 2 | 1,656 | $393 | 0.6 mi |
E 11261 Wayfield Road Sold 4 bd · 2 ba · 1,699 sqft · $391 · 0.3 mi | $665,000 | 4 | 2 | 1,699 | $391 | 0.3 mi |
F 4201 Ferguson Court Sold 3 bd · 2 ba · 1,384 sqft · $437 · 0.6 mi | $605,000 | 3 | 2 | 1,384 | $437 | 0.6 mi |
G 11229 Town Country S Pending 4 bd · 2 ba · 1,754 sqft · $365 · 0.2 mi | $639,900 List Price | 4 | 2 | 1,754 | $365 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1956, this home is significantly dated and the listing explicitly states it needs updating and care. While the kitchen appears to have had a partial renovation approximately 20 years ago (tile flooring and mid-range appliances), the overall age and requirement for modernization of systems and finishes align with the 'Fair' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1795.
- Prime Location
Situated in the desirable La Sierra area, the home offers excellent proximity to major freeways, shopping centers, and medical facilities, making it ideal for commuters and families.
- Mountain Views & Outdoor Space
The property features a generous 8,276-square-foot lot with a large covered patio and scenic mountain views, providing a private and spacious environment for outdoor living.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
- Required Renovations
The home is noted to need updating and care, which will require an additional budget for repairs and cosmetic improvements immediately after purchase.
- Vintage Infrastructure
Built in 1956, the property may feature older electrical, plumbing, or insulation systems that could necessitate costly upgrades to meet modern efficiency standards.
About 3748 Skylark
**PRICE IMPROVEMENT** Sellers want this property sold. Come and see it, it will not last in the market. LOCATION, LOCATION, LOCATION ! This 3-bedroom, 2.5-bath home is ideally situated in Riverside’s desirable La Sierra area, conveniently near major freeways, shopping centers, schools, and hospitals. Built in 1956, the property offers approximately 1,795 square feet of living space, a 2-car garage, and an ample covered patio in the backyard for outdoor enjoyment and added privacy. The home needs some updating and care but offers excellent bones and a great opportunity for a buyer to add personal touches and create a home tailored to their vision. Sellers are motivated bring your offers
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1956
- Lot Size
- 8,276 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Riverside Unified Schools
S. Christa Mcauliffe Elementary School
Grades K-5 • 0.5 mi
5/10
Collett Elementary School
Grades PK-5 • 0.9 mi
4/10
Phillip M. Stokoe Elementary School
Grades PK-5 • 1.3 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 2.2 |
| Square foot | 1,795 | 1,854.896 |
| Lot Size | 8,276 | 8,680.308 |
| Price | $645.0K | $698.4K |
| Price per sq ft | $359 | $380 |
| Built year | 1956 | 1982 |
| HOA | $0 | $156 |
| Days on market | 63 | 57 |
Pricing History
Listed for Sale
Sep 26, 2026
$645,000
$655,000
-2% Price Drop
Initial Listing
Price Change
Aug 22, 2026
$655,000
Initial Listing
Sold
Dec 11, 2018
$388,000
Public Record
Sold
Feb 27, 2012
$160,000
Public Record
Sold
Jul 21, 2004
$340,000
Public Record
Sold
Jun 4, 1999
$124,000
Public Record