3946 Tomlinson, Riverside, California 92503, Riverside, 92503 - 2 bed, 1 bath
3946 Tomlinson
Riverside, California 92503
Property Price
SUMMARY
Analysis of 3946 Tomlinson, Riverside, California 92503 reveals a property with a current list price of $450,000, which is 10% above the estimated $406,468 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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 |
|---|---|---|---|---|---|---|
★ 3946 Tomlinson Subject | $450,000* List Price | 2 | 1 | 832 | $489 | - |
A 3864 Myers Street Sold | $520,000 | 3 | 1 | 1,086 | $479 | 0.5 mi |
B 3747 Farnham Place Sold | $555,500 | 2 | 1 | 1,004 | $553 | 0.9 mi |
C 3986 Tomlinson Sold | $510,000 | 3 | 2 | 1,129 | $452 | 0.1 mi |
D 9293 Garfield Active | $499,999 List Price | 2 | 1 | 978 | $511 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1949, this property is explicitly marketed as a 'fixer-upper' and 'sold as-is.' The kitchen and bathroom are severely outdated, featuring aged cabinetry and fixtures. Interior images reveal significant wear, including peeling paint and dated flooring, indicating a need for substantial rehabilitation and system upgrades to meet modern safety and comfort standards.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 11326, living area = 832.
- ADU Potential
The property features an existing guest house that, while currently unpermitted, offers a significant head start for a legal Accessory Dwelling Unit (ADU) conversion to generate rental income or house extended family.
- Expansive Lot Size
Sitting on over 11,000 square feet, the generous lot provides ample space for home expansion, professional landscaping, or the cultivation of the existing fruit trees, a rare find for this price point.
CONSRISKS & DEFICIENCIES
- As-Is Condition
The property is explicitly sold as a fixer-upper in its current state, which likely necessitates substantial immediate capital for repairs and may complicate traditional FHA or VA financing.
- Unpermitted Structure Risks
The guest house is unpermitted and not included in the valuation, posing potential risks for code enforcement actions or the added expense of bringing the structure up to modern building standards.
About 3946 Tomlinson
Fixer upper offering 2 bed 1 bath located in a nice quite Riverside neighborhood, this great house offers a big back yard with fruit trees, entrance driveway and an UNPERMITED Guest house in the back which is not reflected on the price. (possible ADU conversion) SOLD AS IS.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1949
- Lot Size
- 11,326 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 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 • 0.6 mi
Myra Linn Elementary School
Grades K-5 • 0.7 mi
Foothill Elementary School
Grades PK-5 • 0.9 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 | 1.0 | 3.0 | 6% |
| Square foot | 832 | 1,757 | 1% |
| Lot Size | 11,326 | 7,841 | 76% |
| Price | $450.0K | $675.0K | 2% |
| Price per sq ft | $541 | $385 | 91% |
| Built year | 1949 | 1986 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 184 | 0% |
Pricing History
Listed for Sale
Mar 2, 2026
$450,000
Initial Listing
Sold
Jun 25, 1999
$75,000
Public Record