
Riverside, California 92507
This Single Family Residence presents a High-Potential Investment Opportunity with a List Price of $585,000—positioned well below the $593,388 Fair Market Value by 1.4%. This valuation gap offers $8,388 in Instant Equity. Featuring a Condition Rating of 4, the home includes a newly installed HVAC system and parquet wood flooring, though the kitchen requires renovation. With a large 7,405 sqft lot and mountain views, this property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking value-add potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4044 Mt Vernon Avenue Subject 3 bd · 2 ba · 1,694 sqft · $350 | $585,000* List Price | 3 | 2 | 1,694 | $350 | - |
A 231 Hillandale Court Sold 3 bd · 2 ba · 1,456 sqft · $398 · 0.2 mi | $580,000 | 3 | 2 | 1,456 | $398 | 0.2 mi |
B 3395 Santa Cruz Drive Sold 4 bd · 2 ba · 1,572 sqft · $382 · 0.6 mi | $600,000 | 4 | 2 | 1,572 | $382 | 0.6 mi |
C 270 E Big Springs Road Sold 3 bd · 2 ba · 1,482 sqft · $391 · 0.2 mi | $580,000 | 3 | 2 | 1,482 | $391 | 0.2 mi |
D 4202 Swain Court Sold 3 bd · 2 ba · 1,750 sqft · $363 · 0.3 mi | $635,000 | 3 | 2 | 1,750 | $363 | 0.3 mi |
E 222 Green Oaks Sold 4 bd · 2 ba · 1,512 sqft · $413 · 0.6 mi | $625,000 | 4 | 2 | 1,512 | $413 | 0.6 mi |
F 587 W Blaine Sold 3 bd · 2 ba · 1,899 sqft · $303 · 0.9 mi | $575,000 | 3 | 2 | 1,899 | $303 | 0.9 mi |
G 3430 Bahia Sold 4 bd · 2 ba · 1,597 sqft · $375 · 0.6 mi | $599,000 | 4 | 2 | 1,597 | $375 | 0.6 mi |
H 3986 Havenhurst Ave Active 3 bd · 2 ba · 1,547 sqft · $404 · 0.1 mi | $625,000 List Price | 3 | 2 | 1,547 | $404 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the home features a newly installed HVAC system and fresh exterior paint, the 1960s structure remains largely dated. The kitchen is currently in a mid-renovation state with missing cabinetry and older appliances, and the interior retains aged elements like popcorn ceilings and original windows that require updating.
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 = 1694.
The property features a newly installed HVAC system, offering significant value, energy efficiency, and peace of mind for year-round climate control.
Original parquet wood flooring throughout and an open floor plan create a warm, seamless, and light-filled living environment with mountain views.
The kitchen is described as needing 'design touches,' suggesting it may be dated and require additional buyer investment to match the home's otherwise modern energy.
While the terraced yard is excellent for gardening, the lack of a large flat area may limit options for traditional recreational use or future pool installation.
Step inside a home that feels like a fresh start from the moment you pull up to the curb. Boasting a crisp, brand-new exterior paint job and a bright interior, this residence radiates a clean and modern energy. The first thing you'll notice as you move through the light-filled rooms is the stunning parquet wood flooring, which adds a layer of timeless texture and warmth to the entire space. The open floor plan adds a seamless feel between the family, dining, and kitchen areas, making the home feel connected, comfortable, and easy to enjoy. The kitchen is ready for your design touches to make the space perfect for you. Beyond the aesthetic updates, you'll find total peace of mind with a newly installed HVAC system, ensuring year-round comfort and efficiency. It's the kind of high-value upgrade that makes a massive difference in daily living. All of the bedrooms are spacious with light coming into the windows, and the wood parquet floors. The inspiration continues outside in the terraced backyard. It is a dream setup for anyone with a green thumb, offering distinct levels that are just waiting for a lush vegetable patch, a vibrant flower collection, or a curated herb garden. Situated in a prime location that puts you right where you want to be, this property combines move-in-ready convenience with an unbeatable setting. Everything here has been handled so you can simply arrive, start gardening, and enjoy your new home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,694 | 1,854.896 |
| Lot Size | 7,405 | 8,680.308 |
| Price | $585.0K | $698.4K |
| Price per sq ft | $345 | $380 |
| Built year | 1960 | 1982 |
| HOA | $0 | $156 |
| Days on market | 9 | 57 |
Oct 15, 2026
$585,000
Initial Listing
Aug 15, 2003
$255,000
Public Record