3958 4th, Riverside, California 92501, Riverside, 92501 - 2 bed, 1 bath

3958 4th, Riverside, California 92501 home-pic-0
ACTIVE$550,000
3958 4th, Riverside, California 92501
2Beds
1Bath
1,364Sqft
8,276Lot
Year Built
1922
Close
-
List price
$550K
Original List price
$570K
Price/Sqft
$403
HOA
-
Days on market
-
Sold On
-
MLS number
CV25241353
Home ConditionExcellent
Features
Patio
View-

About this home

Great Deal:The estimated price is 3% above the list price. We found 3 Cons,6 Pros. Rank: price - $550.0K(28th), sqft - 1364(32th), beds - 2(16th), baths - 1(16th).

Nestled in the heart of Downtown Riverside, this beautifully renovated 2 bedroom, 1 bathroom home perfectly blends modern upgrades with timeless character. Thoughtfully updated inside and out, it offers a fresh, move in ready living space ideal for anyone looking to enjoy the charm and convenience of city living. Step inside to find a bright, open floor plan featuring brand new finishes, contemporary flooring, and a beautifully redesigned kitchen with sleek cabinetry and stylish countertops. The airy living and dining areas are filled with natural light, creating a welcoming space to relax, entertain, or unwind. A brand new AC unit ensures year round comfort, while the huge backyard provides endless possibilities from weekend gatherings and gardening to future expansion. Plus, the detached bonus room offers valuable extra space for a home office, creative studio, guest room, or potential ADU (buyer to verify).All of this, just minutes from Riverside’s historic downtown, with its vibrant shops, restaurants, cultural spots, and easy access to transportation. Don’t miss this rare opportunity to own a truly special home with space to grow, in one of Riverside’s most desirable and walkable neighborhoods.

Price History

Date
Event
Price
11/05/25
Price Change
$550,000-3.5%
10/16/25
Listing
$570,000
Condition Rating
Excellent

Despite being built in 1922, this property has undergone an extensive and high-quality modern renovation, as explicitly stated in the description ('beautifully renovated,' 'brand new finishes,' 'redesigned kitchen,' 'brand new AC unit'). The images confirm a virtually new interior with contemporary flooring, recessed lighting, a modern kitchen featuring white shaker cabinets, sleek countertops, and a stylish range hood. The overall aesthetic is fresh, clean, and move-in ready, meeting current quality standards with no visible deferred maintenance. This aligns perfectly with the 'Excellent' criteria for a property extensively renovated within the last 5 years.
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 = 8276, living area = 1364.
Prime Downtown Location: Nestled in the heart of Downtown Riverside, this property offers excellent walkability and immediate access to vibrant shops, restaurants, cultural spots, and transportation.
Extensive Modern Renovation: The home has been beautifully and thoughtfully updated inside and out with brand new finishes, contemporary flooring, a redesigned kitchen, and a new AC unit, making it move-in ready.
Versatile Detached Bonus Room: Features a valuable detached bonus room providing flexible extra space for a home office, studio, guest room, or potential Accessory Dwelling Unit (ADU).
Large Lot with Expansion Potential: A huge 8,276 sqft backyard offers ample space for outdoor activities, gardening, and significant future expansion possibilities.
Open Floor Plan & Natural Light: The interior boasts a bright, open floor plan with airy living and dining areas filled with natural light, creating a welcoming and comfortable living environment.

Cons

Limited Bedroom/Bathroom Count: With only 2 bedrooms and 1 bathroom, the property may not cater to larger families or those requiring more private spaces, potentially limiting the buyer pool.
Recent Price Reduction: The property has undergone a recent price reduction from $570,000 to $550,000, which could suggest initial overpricing or a slower market response.
Lack of Scenic Views: The property explicitly states 'None' for views, which might be a drawback for buyers seeking scenic or panoramic outlooks.

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