4096 Pine, Riverside, California 92501, Riverside, 92501 - bed, bath
4096 Pine
Riverside, California 92501
Property Price
SUMMARY
Analysis of 4096 Pine, Riverside, California 92501 reveals a property with a current list price of $769,000, which is 3% above the estimated $742,239 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 |
|---|---|---|---|---|---|---|
★ 4096 Pine Subject | $769,000* List Price | 1,986 | $374 | - | ||
A 4855 Glenwood Drive Sold | $925,000 | 3 | 3 | 1,842 | $502 | 0.7 mi |
B 3159 Redwood Sold | $660,000 | 3 | 2 | 1,670 | $395 | 0.7 mi |
C 4424 11th Sold | $585,000 | 3 | 2 | 1,359 | $430 | 0.1 mi |
D 4073 Cedar Street Active | $699,990 List Price | 4 | 3 | 1,734 | $404 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property consists of two units built in 1929. While one Spanish-style unit is described as 'recently renovated,' the other Craftsman-style unit is un-renovated, suggesting significant age and potential for deferred maintenance. The exterior images show well-maintained structures, but the lack of interior photos, especially for kitchens and bathrooms, prevents a higher score. The presence of window AC units in the renovated unit indicates that even the updated portion may not meet modern 'Good' or 'Excellent' standards for cooling systems. Overall, the property is aged, with one unit likely requiring substantial updates and the other having undergone some renovation, fitting the 'Fair' category where major components are functional but show signs of being outdated or requiring minor updates.
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 = 8712, living area = 1986.
- Income-Generating Multi-Unit
Property features two distinct, tenant-occupied homes with separate addresses and utilities (excluding water), providing immediate rental income.
- ADU Development Potential
The generously sized 8,712 sqft corner lot explicitly offers Accessory Dwelling Unit (ADU) potential, allowing for future expansion and increased property value.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1986, other record living area = 1036.
- Shared Water Meter
Both units share a single water meter, which could lead to complexities in utility billing and potential tenant disputes.
- Property Age & Condition
Built in 1929, the property's age suggests potential for deferred maintenance or the need for significant updates, particularly in the un-renovated craftsman-style unit.
About 4096 Pine
HUGE PRICE REDUCTION. Riverside downtown 2 houses on a corner lot located at Pine & 11th Street. Total rentable spaces are 1986 sf and a 8712 sf lot. The large lot with ADU potential offers significant added value. Each house has its own street address. The house on 4096 Pine Street is a craftsman's style. It offers 1036 sqft. living space with 3 bedrooms and 1 bath. The house on 4361 11th Street is a Spanish style. This unit was recently renovated. It offers a 956 sqft. living space with 2 bedrooms and 1 bathroom. Separate gas & electric meters for each house but share one water meter. Each house has its own private fenced yards. Convenient downtown location near Mt. Rubidoux, The Mission Inn, shops and freeways, 91 & 60. Near UC Riverside and Riverside City College. Both houses are Tenant occupied. Long time tenants and pay in time.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1929
- Lot Size
- 8,712 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
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% |
| Baths | - | 2.0 | 3% |
| Square foot | 1,986 | 1,404 | 76% |
| Lot Size | 8,712 | 7,405 | 66% |
| Price | $769.0K | $585.0K | 88% |
| Price per sq ft | $387 | $404 | 46% |
| Built year | 1929 | 1953 | 27% |
| HOA | $0 | $0 | 50% |
| Days on market | 58 | 173 | 8% |
Pricing History
Listed for Sale
Feb 4, 2026
$769,000
$790,000
-3% Price Drop
Initial Listing
Price Change
Jan 22, 2026
$790,000
$798,000
-1% Price Drop
Initial Listing
Price Change
Jan 8, 2026
$798,000
Initial Listing
Sold
Oct 1, 2024
$700,000
Public Record
Sold
Aug 28, 2024
$730,000
Public Record