3926 Shelby, Riverside, California 92504, Riverside, 92504 - 5 bed, 4 bath
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Riverside, California 92504
This 5-bedroom, 4-bathroom residence represents a High-Potential Investment Opportunity, listed at $700,000—positioned above the $649,089 Fair Market Value. While the property requires modernization, its Fair Condition Rating and expansive 9,583 square foot lot offer significant value-add potential. The home’s layout provides rare utility for large households, while the Riverside Unified school district location ensures long-term desirability. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a project to build equity through strategic renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3926 Shelby Subject | $700,000* List Price | 5 | 4 | 1,763 | $368 | - |
A 3866 Gates Place Sold | $610,000 | 5 | 2 | 1,939 | $315 | 0.6 mi |
B 3921 Heidi Sold | $595,000 | 4 | 2 | 1,404 | $424 | 0.2 mi |
C 4296 Saint George Place Sold | $635,000 | 5 | 2 | 1,917 | $331 | 0.9 mi |
D 8434 Monteel Place Sold | $670,000 | 4 | 2 | 1,697 | $395 | 0.5 mi |
E 8341 Garfield Street Sold | $575,000 | 4 | 2 | 1,300 | $442 | 0.4 mi |
F 4356 Snowberry Sold | $605,000 | 4 | 2 | 1,428 | $424 | 0.6 mi |
G 3920 Melody Lane Pending | $649,999 List Price | 4 | 3 | 1,791 | $363 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1957 and under the same ownership since 1999, the property is significantly dated. The description of the kitchen as a 'canvas for your creative vision' and the presence of multiple window AC units indicate that the primary systems and interior finishes are likely over 25 years old and require modernization.
With 5 bedrooms and 4 bathrooms, this property offers exceptional utility and versatility for large or multi-generational families, a rare find in this price segment.
The generous 9,583 square foot lot provides significant outdoor space for recreation, gardening, or the potential addition of an Accessory Dwelling Unit (ADU).
Being on the market for the first time since 1999 suggests a well-maintained residence with a history of stability and consistent care by the owners.
Fitting 5 bedrooms and 4 bathrooms into 1,763 square feet may result in smaller individual room dimensions and a potentially cramped interior flow.
The description indicates the kitchen is a 'canvas for creative vision,' implying that the home likely requires significant cosmetic or functional updates to meet modern standards.
Welcome to 3926 Shelby Dr, an inviting 5-bedroom, 4-bathroom residence nestled in the heart of Riverside. Built in 1957, this home offers 1,763 square feet of living space, perfectly situated on a generous 9,583 square foot lot. This is a rare opportunity to own a property that has been lovingly maintained and is on the market for the first time since 1999. As you step inside, you’ll immediately appreciate the home’s classic character and layout. The spacious living area provides a warm and welcoming atmosphere, ideal for family gatherings or entertaining friends. The functional kitchen offers a canvas for your creative vision and the potential to design the kitchen of your dreams. With five well-proportioned bedrooms, there is ample space for family, guests, or even a home office. The four bathrooms offer convenience and versatility for growing households. The expansive backyard is a true gem, boasting plenty of space for outdoor activities, gardening, or simply enjoying the California sunshine. There are endless possibilities for creating your own private oasis or outdoor entertaining space. This property’s prime location offers easy access to local amenities, parks, schools, and major highways, making it a convenient choice for commuters and families alike.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 1,763 | 1,723 |
| Lot Size | 9,583 | 8,712 |
| Price | $700.0K | $676.0K |
| Price per sq ft | $397 | $395 |
| Built year | 1957 | 1977 |
| HOA | $0 | $125 |
| Days on market | 5 | 58 |
Jul 17, 2026
$700,000
Initial Listing