4035 Madrona, Riverside, California 92504, Riverside, 92504 - 3 bed, 2 bath
4035 Madrona
Riverside, California 92504
Property Price
SUMMARY
Analysis of 4035 Madrona, Riverside, California 92504 reveals a Fairly Priced Property with a current list price of $659,900 aligned with the estimated $674,900 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4035 Madrona Subject | $659,900* List Price | 3 | 2 | 1,358 | $497 | - |
A 4065 Madrona Sold | $588,000 | 3 | 2 | 1,192 | $493 | 0.0 mi |
B 8596 Camelia Drive Sold | $615,000 | 3 | 2 | 1,232 | $499 | 0.6 mi |
C 8240 Garfield Street Sold | $599,000 | 3 | 2 | 1,751 | $342 | 0.2 mi |
D 4165 Saint George Street Sold | $620,000 | 3 | 2 | 1,556 | $398 | 0.5 mi |
E 3551 Brynhurst Drive Sold | $579,000 | 3 | 2 | 1,143 | $507 | 0.7 mi |
F 4213 Via San Jose Sold | $537,000 | 3 | 2 | 952 | $564 | 0.6 mi |
G 3867 Roblynn Street Active Under Contract | $675,000 List Price | 3 | 2 | 1,254 | $538 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1956, the property has undergone a comprehensive professional renovation within the last year. It features a fully updated kitchen with modern cabinetry and stainless steel appliances, renovated bathrooms with contemporary tile and fixtures, new flooring throughout, and a refreshed pool area, making it a complete turnkey home with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Renovation
The property has been fully renovated with modern finishes throughout, offering a move-in-ready experience that eliminates the need for immediate post-purchase upgrades.
- Private Outdoor Oasis
The backyard features a sparkling pool and a private retreat setting, providing a high-value amenity for entertaining and enjoying the Southern California climate.
- Versatile Living Space
A flexible floor plan includes a potential fourth bedroom or bonus room, offering the adaptability needed for a home office, gym, or guest accommodations.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2025-08-12. The sold price is $390,000.00.
- Compact Lot Size
At 5,663 square feet, the lot is relatively modest; the inclusion of a pool may leave limited additional yard space for gardening or play areas.
- Vintage Infrastructure
While the interior is modern, the 1956 construction may still possess original structural or utility elements that lack the efficiency of contemporary builds.
About 4035 Madrona
Welcome to 4035 Madrona Drive — a beautifully fully renovated residence in Riverside that blends modern style with functional living. This home features designer finishes throughout, open living spaces, and a versatile bonus room/office that easily converts to a 4th bedroom to fit your lifestyle needs. Relax and entertain in your private backyard oasis with a sparkling pool — the perfect retreat for warm California days and evening gatherings. Prime Southern California Location Enjoy easy access to some of the region’s most desirable destinations: • Approximately 39 miles (about a 45–50 min drive) to Orange County, ideal for beach days or shopping excursions. • Roughly 57 miles (about a 1-hour drive) to Los Angeles, offering world-class dining, entertainment, and culture. • Around 100 miles (about 1.5–2 hrs.) to San Diego, perfect for coastal adventures and family fun. • Just about 37 miles to Lake Arrowhead, your gateway to mountain lakes, hiking, and scenic escapes. • Around 52 miles to Big Bear Lake, known for year-round recreation including skiing, boating, and mountain trails. • Conveniently close — about 3 miles to California Baptist University (CBU) — making this home ideal for families, faculty, or student living. Perfectly situated in a central Riverside neighborhood with quick access to freeways, shopping, dining, parks, and top schools — this home offers lifestyle, comfort, and convenience in one compelling package.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1956
- Lot Size
- 5,663 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,358 | 1,529 | 40% |
| Lot Size | 5,663 | 8,712 | 7% |
| Price | $659.9K | $620.0K | 63% |
| Price per sq ft | $486 | $415 | 78% |
| Built year | 1956 | 1959 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 183 | 3% |
Pricing History
Listed for Sale
Feb 20, 2026
$659,900
$674,900
-2% Price Drop
Initial Listing
Price Change
Jan 28, 2026
$674,900
Initial Listing
Sold
Aug 12, 2025
$390,000
Public Record
Sold
Jul 28, 2011
$166,000
Public Record
Sold
May 22, 2003
$205,000
Public Record
Sold
Oct 13, 2000
$137,000
Public Record