4020 Rosewood Place, Riverside, California 92506, Riverside, 92506 - 2 bed, 2 bath
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4020 Rosewood Place
Riverside, California 92506
ACTIVE
CONDITION: POOR
2Beds
2Baths
1,411Sq Ft
7,841Lot Size
Property Price
LIST PRICE$650,000
EST. MARKET VALUE
$587,265
10% AboveMARKET VALUE
SUMMARY
This 1929 Tudor represents a High-Potential Investment Opportunity, listed at a List Price of $650,000—positioned above the $587,265 Fair Market Value. While the property requires significant rehabilitation given its Condition Rating of 5, the 7,841 sqft lot with Alley Access provides a rare foundation for ADU Development. Located in the historic Wood Street neighborhood, this asset offers long-term appreciation potential for Buy-and-Hold Investors and Contractors capable of executing a comprehensive value-add renovation strategy.
Estimated Market Value
$587,265
Based on Realkey algorithm analyzing recent comparable sales in Riverside.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4020 Rosewood Place Subject 2 bd · 2 ba · 1,411 sqft · $416 | $650,000* List Price | 2 | 2 | 1,411 | $416 | - |
A 3892 Oakwood Place Sold 3 bd · 2 ba · 1,379 sqft · $471 · 0.1 mi | $649,000 | 3 | 2 | 1,379 | $471 | 0.1 mi |
B 4621 Beverly Court Sold 3 bd · 2 ba · 1,306 sqft · $490 · 0.5 mi | $640,000 | 3 | 2 | 1,306 | $490 | 0.5 mi |
C 6041 Hamilton Sold 3 bd · 2 ba · 1,303 sqft · $441 · 0.5 mi | $575,000 | 3 | 2 | 1,303 | $441 | 0.5 mi |
D 3979 Bandini Sold 2 bd · 1 ba · 1,069 sqft · $442 · 0.3 mi | $472,000 | 2 | 1 | 1,069 | $442 | 0.3 mi |
E 4744 Cover Sold 2 bd · 3 ba · 1,067 sqft · $427 · 0.8 mi | $456,000 | 2 | 3 | 1,067 | $427 | 0.8 mi |
F 4008 Bandini Sold 3 bd · 2 ba · 1,664 sqft · $331 · 0.2 mi | $550,000 | 3 | 2 | 1,664 | $331 | 0.2 mi |
G 4685 Rosewood Sold 3 bd · 1 ba · 1,162 sqft · $499 · 0.4 mi | $580,000 | 3 | 1 | 1,162 | $499 | 0.4 mi |
H 4685 Linwood Place Sold 2 bd · 1 ba · 1,049 sqft · $443 · 0.5 mi | $465,000 | 2 | 1 | 1,049 | $443 | 0.5 mi |
I 4443 Highland Place Pending 3 bd · 2 ba · 1,096 sqft · $493 · 0.6 mi | $539,900 List Price | 3 | 2 | 1,096 | $493 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1929 and described as a 'diamond in the rough,' this home retains much of its original character but requires significant rehab. The age (>30 years without major recent renovations) and the note that offers are subject to interior inspection strongly indicate that the kitchen, bathrooms, and core systems need major updates and potential repair of deferred maintenance.
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 = 7841, living area = 1411.
- Prime Historic Location
Situated in the highly sought-after Wood Street neighborhood, this 1929 Tudor home offers significant prestige and long-term value appreciation within a historic Riverside community.
- ADU Development Potential
The generous 7,841 sqft lot features rare alley access, providing an ideal footprint for investors or homeowners to construct an Accessory Dwelling Unit (ADU) for rental income or multi-generational living.
CONSRISKS & DEFICIENCIES
- Significant Renovation Required
Described as a 'diamond in the rough,' the home requires substantial investment and sweat equity to address deferred maintenance and modernize the living space.
- Limited Initial Accessibility
The requirement for offers to be subject to interior inspection, combined with the ongoing removal of owner items, suggests the property is not currently in show-ready condition, which may complicate the due diligence process.
About 4020 Rosewood Place
Wood Street diamond in the rough. Cute Tudor home is perfect for the first time buyer or investor that might use the large back yard and ally access for possible ADU. Home still has much of its original charm with the added bonus of an additional bedroom. All offers will be subject to interior inspection. Owner still has some work to remove items from home. Opportunities like this don't come on the market often. Don't let this on pass you by. S.C.O.S
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1929
- Lot Size
- 7,841 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 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 • 0.6 mi
6/10
Alcott Elementary School
Grades K-6 • 1.8 mi
5/10
Bryant Elementary School
Grades K-6 • 2.0 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,411 | 1,854.896 |
| Lot Size | 7,841 | 8,680.308 |
| Price | $650.0K | $698.4K |
| Price per sq ft | $461 | $380 |
| Built year | 1929 | 1982 |
| HOA | $0 | $156 |
| Days on market | 40 | 57 |
Pricing History
Listed for Sale
Sep 15, 2026
$650,000
Initial Listing