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3878 Lafayette Street, Riverside, California 92503, Riverside, 92503 - 3 bed, 2 bath

3878 Lafayette Street, Riverside, California 92503 home-pic-0
ACTIVE$600,000
3878 Lafayette Street, Riverside, California 92503
3Beds
2Baths
1,493Sqft
9,583Lot
Year Built
1955
Close
-
List price
$600K
Original List price
$620K
Price/Sqft
$402
HOA
-
Days on market
-
Sold On
-
MLS number
PW25178390
Home ConditionFair
Features
Pool
Patio
ViewNeighborhood

About this home

We found 3 Cons,6 Pros. Rank: price - $600.0K(26th), sqft - 1493(37th), beds - 3(40th), baths - 2(50th).

Back on the market buyers loan did not get approved! This beautifully maintained 3-bedroom, 2-bath residence features a spacious layout. Designed with comfort and functionality in mind, the home showcases hardwood floors, recessed lighting, and classic white shutters. Enjoy cozy evenings by the gas fireplace, this home includes A/C system, and double-paned windows. The open floor plan creates a seamless flow between the living, dining, and kitchen areas perfect for entertaining and everyday living. Step into the backyard oasis complete with a fire pit, POOL, and barbecue area. Low-maintenance landscaping and a side area provide both beauty and ease. The two-car garage is complemented by an extra-wide, extended driveway perfect for RV parking. This home is ideal for families seeking quality education options nearby. Located near major freeways, shopping centers, local parks, and much more—this home truly has it all. Don’t miss this rare opportunity to own a home that checks every box. Schedule your private tour today and make this gem your forever home!

Nearby schools

4/10
Liberty Elementary School
Public,•PK-6•0.6mi
4/10
Jackson Elementary School
Public,•PK-6•0.9mi
3/10
Foothill Elementary School
Public,•PK-5•1.4mi
4/10
Myra Linn Elementary School
Public,•K-5•1.8mi
4/10
Collett Elementary School
Public,•PK-5•2.3mi
3/10
Chemawa Middle School
Public,•7-8•0.4mi
3/10
Wells Middle School
Public,•6-8•1.7mi
6/10
Arizona Middle School
Public,•6-8•2.7mi
5/10
Arlington High School
Public,•9-12•1.1mi
4/10
Norte Vista High School
Public,•9-12•2.5mi
4/10
La Sierra High School
Public,•9-12•2.5mi

Price History

Date
Event
Price
11/18/25
Price Change
$600,000+3.4%
09/02/25
Price Change
$580,000-6.5%
08/07/25
Listing
$620,000
Condition Rating
Fair
Built in 1955, this property shows signs of regular upkeep with some updates like hardwood floors, recessed lighting, A/C, and double-paned windows. However, the bathroom image clearly shows significant peeling paint, indicating a need for immediate repair and contradicting the 'beautifully maintained' description. The kitchen, a key area for assessment, is not pictured, suggesting it may not be a recently updated feature. The bare front yard also detracts from overall curb appeal. While functional, the property requires minor updates and repairs to reach a 'good' condition.
Pros & Cons

Pros

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 = 9583, living area = 1493.
Exceptional Outdoor Amenities: The property features a backyard oasis complete with a pool, fire pit, and barbecue area, ideal for entertainment and relaxation.
RV Parking & Ample Driveway: An extra-wide, extended driveway provides significant space for RV parking, a highly desirable and practical feature.
Modern & Maintained Interior Features: The home boasts hardwood floors, recessed lighting, classic white shutters, an open floor plan, A/C, double-paned windows, and a gas fireplace, contributing to comfort and aesthetic appeal.
Convenient Location & School Access: Strategically located near major freeways, shopping centers, local parks, and within a district offering access to highly-rated schools, enhancing its family appeal.
Overall Well-Maintained Condition: Explicitly described as 'beautifully maintained,' suggesting the property is move-in ready and has been well-cared for by its current owners.

Cons

Previous Transaction Failure: The property is back on the market due to a buyer's loan not being approved, which may raise questions or concerns for new prospective buyers regarding the property's marketability or previous appraisal.
Age of Construction: Built in 1955, the property is older, which could imply potential for aging major systems (e.g., plumbing, electrical, roof) that may require future attention, despite current maintenance.
Listing Price Volatility: The recent price history shows fluctuations (initial $620k, reduced to $580k, now $600k), which might create uncertainty for buyers regarding the property's true market value or the seller's pricing strategy.

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