3914 Mckenzie, Riverside, California 92503, Riverside, 92503 - 2 bed, 2 bath
3914 Mckenzie
Riverside, California 92503
Property Price
SUMMARY
Analysis of 3914 Mckenzie, Riverside, California 92503 reveals a Fairly Priced Property with a current list price of $500,000 aligned with the estimated $487,322 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Riverside Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3914 Mckenzie Subject | $500,000* List Price | 2 | 2 | 1,260 | $387 | - |
A 8842 Mentone Sold | $465,000 | 3 | 2 | 1,188 | $391 | 1.0 mi |
B 9152 Jersey Drive Sold | $475,000 | 3 | 2 | 1,104 | $430 | 0.7 mi |
C 3864 Myers Street Sold | $520,000 | 3 | 1 | 1,086 | $479 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1930, this property is marketed as an investment opportunity requiring substantial renovation and modernization. The kitchen and bathrooms feature highly outdated cabinetry, older white appliances, and vintage fixtures that likely date back several decades. With worn carpeting, aged systems, and a description emphasizing 'transformative potential,' the home requires significant rehabilitation to meet current living standards.
PROSSTRENGTHS & OPPORTUNITIES
- Development Potential
The property features a generous 6,534 sq. ft. lot with a detached garage and rare alley access, offering significant potential for an ADU (Accessory Dwelling Unit) or expansion.
- Versatile Living Space
The floor plan includes a flexible bonus room suitable for an office or third bedroom, providing more functional utility than standard two-bedroom homes of this era.
- Strategic Location
Centrally located in Riverside, the home is within walking distance of Liberty Elementary School and offers scenic mountain views, enhancing its long-term residential value.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
- Significant Renovation Required
Built in 1930 and marketed as an investment opportunity, the home requires substantial updating and modernization to meet current market standards.
- Limited Turnkey Appeal
The property's current condition may exclude traditional FHA or conventional buyers looking for move-in-ready homes, narrowing the buyer pool primarily to investors.
About 3914 Mckenzie
Welcome to your next investment opportunity in the heart of Riverside, CA! This charming 2-bedroom, 2-bathroom home is brimming with potential. Nestled on a sizable lot, this property boasts a rare combination of central location and privacy. A long driveway welcomes you to a detached garage—perfect for hobbyists or storage—with convenient alley access enhancing practicality. Inside, discover a versatile bonus room that could serve as an office, play area, or an additional bedroom. While the home requires some updating, its solid structure and classic layout present the ideal canvas for customizing your dream space. The sprawling backyard offers endless possibilities for outdoor enthusiasts; imagine creating your personal oasis with lush gardens or hosting unforgettable gatherings under starlit skies. The neighborhood's proximity to local amenities, schools, and parks make it perfect for families or investors looking to maximize their return. Don't miss out on this unique chance to own a piece of Riverside real estate ripe with transformative potential—schedule your viewing today and envision what's possible!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1930
- Lot Size
- 6,534 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Riverside Unified Schools
Liberty Elementary School
Grades PK-6 • 0.3 mi
Jackson Elementary School
Grades PK-6 • 0.9 mi
Foothill Elementary School
Grades PK-5 • 1.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 5% |
| Baths | 2.0 | 3.0 | 45% |
| Square foot | 1,260 | 1,757 | 26% |
| Lot Size | 6,534 | 7,841 | 28% |
| Price | $500.0K | $675.0K | 6% |
| Price per sq ft | $397 | $385 | 56% |
| Built year | 1930 | 1986 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 184 | 0% |
Pricing History
Listed for Sale
Mar 1, 2026
$500,000
Initial Listing