
Riverside, California 92505
This Single Family Residence presents a High-Potential Investment Opportunity with a List Price of $655,000—positioned slightly above the $645,826 Fair Market Value. While the property requires modernization, its Fair Condition Rating and 8,276 square foot lot provide a solid foundation for value-add renovations. The home features a spacious layout, a large covered patio, and scenic mountain views. Located in the Riverside Unified district, this asset is well-suited for Buy-and-Hold Investors or first-time buyers looking to build equity through strategic cosmetic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3748 Skylark Subject | $655,000* List Price | 3 | 3 | 1,795 | $360 | - |
A 11337 Royal Palm Sold | $650,000 | 3 | 2 | 1,520 | $428 | 0.1 mi |
B 11341 Rancho La Brea Sold | $688,888 | 4 | 3 | 1,893 | $364 | 0.3 mi |
C 3898 Middleton Place Sold | $705,000 | 4 | 3 | 1,902 | $371 | 0.2 mi |
D 11261 Wayfield Road Sold | $665,000 | 4 | 2 | 1,699 | $391 | 0.3 mi |
E 10852 Kloiber Street Sold | $650,500 | 4 | 2 | 1,656 | $393 | 0.6 mi |
F 11116 Wayfield Road Sold | $714,500 | 3 | 3 | 2,140 | $334 | 0.4 mi |
G 11229 Town Country S Pending | $619,900 List Price | 4 | 2 | 1,754 | $353 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1956, the home features a kitchen and interior that appear to have been updated roughly 20-25 years ago but are now dated. The listing description explicitly mentions the property 'needs some updating and care,' which fits the criteria for a fair rating requiring minor repairs and modernization.
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.
Ideally situated in a desirable Riverside neighborhood with close proximity to major freeways, shopping centers, schools, and hospitals, ensuring long-term convenience and demand.
With 'excellent bones' and a need for cosmetic updates, this property offers a prime opportunity for buyers or investors to build equity through personalized renovations.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
The property is noted to need updating and care, which will require the buyer to budget for immediate repairs and aesthetic improvements upon acquisition.
Built in 1956, the home may have original systems or structural elements that require modernization to meet current building standards and efficiency.
Location, location, location! This 3-bedroom, 2-bathroom 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.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades PK-5 • 0.9 mi
Grades PK-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 2.3 |
| Square foot | 1,795 | 1,867.892 |
| Lot Size | 8,276 | 8,787.773 |
| Price | $655.0K | $692.3K |
| Price per sq ft | $365 | $386 |
| Built year | 1956 | 1980 |
| HOA | $0 | $151 |
| Days on market | 18 | 55 |
Aug 22, 2026
$655,000
Initial Listing
Dec 11, 2018
$388,000
Public Record
Feb 27, 2012
$160,000
Public Record
Jul 21, 2004
$340,000
Public Record
Jun 4, 1999
$124,000
Public Record