
Riverside, California 92501
This Single Family Residence is a Prime Investment Opportunity, listed at $499,900—positioned well below the $513,207 Fair Market Value by 2%. This valuation gap offers $13,307 in Instant Equity. Featuring a Renovated Kitchen and Newer Windows, the home maintains a Condition Rating of 3, offering a move-in ready interior. Its proximity to Riverside City College and major freeways ensures strong rental demand. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a centrally located, value-driven asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3934 Brockton Subject | $499,900* List Price | 3 | 1 | 936 | $548 | - |
A 3770 Locust Street Sold | $515,000 | 2 | 1 | 841 | $612 | 0.2 mi |
B 3842 Ridge Road Sold | $540,000 | 3 | 2 | 1,023 | $528 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1900, the property has undergone a renovation within the 5-15 year range, featuring an updated kitchen with stainless steel appliances and newer laminate flooring. The home is move-in ready, though the presence of a wall AC unit and popcorn ceilings suggests that some systems and cosmetic finishes are not fully modernized.
The property is ideally situated near Downtown Riverside, Riverside City College, and major freeways (91, 60, and 215), offering excellent accessibility for commuters and urban lifestyle seekers.
The home is move-in ready featuring a renovated kitchen, updated flooring, and newer windows, which reduces the need for immediate post-purchase renovations.
Due to its proximity to educational hubs and downtown amenities, the property serves as a strong candidate for both first-time homeowners and investors looking for high rental demand.
With only 936 square feet of living area and a small 3,920 square foot lot, the property offers limited space for larger families or those desiring significant outdoor area.
There is a notable discrepancy between the listing description (2 baths) and the official data field (1 bath), which may indicate unpermitted work or require buyer verification during due diligence.
Beautifully updated and move-in ready! This 3-bedroom, 2-bath Riverside home features a renovated kitchen, updated flooring, newer windows, and comfortable living spaces throughout. Conveniently situated near Downtown Riverside, Riverside City College, parks, shopping, dining, and major freeways including the 91, 60 and 215. Excellent opportunity for owner-occupants or investors seeking a centrally located property. Buyer to verify all information, including square footage, permits, bedroom and bathroom count.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 936 | 1,723 |
| Lot Size | 3,920 | 8,712 |
| Price | $499.9K | $676.0K |
| Price per sq ft | $534 | $395 |
| Built year | 1900 | 1977 |
| HOA | $0 | $125 |
| Days on market | 37 | 58 |
Jun 15, 2026
$499,900
Initial Listing
Oct 12, 2011
$88,000
Public Record
Oct 24, 2003
$202,000
Public Record