3979 Bandini, Riverside, California 92506, Riverside, 92506 - 2 bed, 1 bath
3979 Bandini
Riverside, California 92506
Property Price
SUMMARY
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3979 Bandini Subject | $550,000* List Price | 2 | 1 | 1,069 | $433 | - |
A 4045 Elmwood Court Sold | $536,500 | 2 | 1 | 924 | $581 | 0.1 mi |
B 3992 Linwood Place Sold | $535,000 | 2 | 1 | 952 | $562 | 0.1 mi |
C 4581 Jarvis Street Sold | $559,000 | 2 | 2 | 1,302 | $429 | 0.7 mi |
D 4245 4245 Homewood Sold | $545,000 | 3 | 2 | 1,435 | $380 | 0.5 mi |
E 3969 Elmwood Court Active | $564,900 List Price | 2 | 1 | 1,078 | $524 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1959, this property is explicitly marketed as a fixer-upper for investors and flippers. While some listing photos are virtually enhanced, the actual interior images reveal significant distress, including missing or severely damaged flooring and a very outdated kitchen with original-style cabinetry and aged appliances. The home requires substantial rehabilitation and modern upgrades to meet current living 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 = 7405, living area = 1069.
- Prime Location
Situated in Riverside’s highly desirable Wood Streets neighborhood, known for its historic charm, well-maintained homes, and consistent market demand.
- ADU Potential
The generous 7,405 sqft lot provides ample space for an Accessory Dwelling Unit (ADU), offering significant value-add or rental income potential.
CONSRISKS & DEFICIENCIES
- Significant Renovation Required
The property needs modern improvements and the listing utilizes virtually enhanced photos, indicating the current physical condition may require a large capital injection.
- Limited Bed and Bath Count
The 2-bedroom, 1-bathroom configuration may limit the buyer pool to smaller households or investors, as it lacks the third bedroom often desired by modern families.
- Low Middle School Rating
The assigned Central Middle School has a rating of 2, which could be a concern for families with school-aged children and may impact future resale value.
About 3979 Bandini
Located in Riverside’s highly desirable Wood Streets neighborhood, this 2-bedroom, 1-bath home presents a rare opportunity for investors, flippers, or buyers looking to build equity in an A+ location. The property offers a solid foundation with classic charm and a functional layout, while leaving plenty of room for modern upgrades and improvements. Sitting on a spacious lot, this home also offers strong ADU potential (buyer to verify), making it an excellent candidate for value-add strategies or income-producing possibilities. With the surrounding neighborhood known for well-maintained historic homes and consistent demand, this property is perfectly positioned for long-term upside. Ideal for investors seeking a project in a premier Riverside neighborhood—or homeowners wanting to customize a home to their vision—this is a chance to unlock significant value in the iconic Wood Streets. Opportunities like this don’t come often! ***Photos have been virtually enhanced***
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1959
- Lot Size
- 7,405 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
Pachappa Elementary School
Grades PK-6 • 0.8 mi
Bryant Elementary School
Grades K-6 • 1.7 mi
Alcott Elementary School
Grades K-6 • 1.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 11% |
| Baths | 1.0 | 2.0 | 9% |
| Square foot | 1,069 | 2,006 | 8% |
| Lot Size | 7,405 | 10,454 | 20% |
| Price | $550.0K | $747.9K | 11% |
| Price per sq ft | $514 | $386 | 89% |
| Built year | 1959 | 1968 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 91 | 184 | 13% |
Pricing History
Listed for Sale
Jan 7, 2026
$550,000
$580,000
-5% Price Drop
Initial Listing
Price Change
Dec 15, 2025
$580,000
$550,000
+5% Price Increase
Initial Listing
Price Change
Dec 6, 2025
$550,000
Initial Listing
Sold
Jan 5, 2010
$158,000
Public Record
Sold
May 12, 2006
$350,000
Public Record
Sold
Aug 22, 2002
$167,000
Public Record
Sold
Aug 29, 1997
$87,500
Public Record