4127 Goodman Street, Riverside, California 92503, Riverside, 92503 - 3 bed, 2 bath
4127 Goodman Street
Riverside, California 92503
Property Price
SUMMARY
Analysis of 4127 Goodman Street, Riverside, California 92503 reveals a Fairly Priced Property with a current list price of $579,900 aligned with the estimated $574,496 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 |
|---|---|---|---|---|---|---|
★ 4127 Goodman Street Subject | $579,900* List Price | 3 | 2 | 1,057 | $544 | - |
A 4151 Manchester Place Sold | $532,000 | 3 | 2 | 1,057 | $503 | 0.1 mi |
B 4105 Bel Air Street Sold | $557,500 | 3 | 2 | 1,074 | $519 | 0.2 mi |
C 8797 Brunswick Avenue Sold | $589,000 | 3 | 2 | 1,100 | $535 | 0.6 mi |
D 8828 Holly Lane Sold | $595,000 | 3 | 2 | 1,072 | $555 | 0.8 mi |
E 3881 3881 Manchester Sold | $597,000 | 3 | 2 | 1,025 | $582 | 0.3 mi |
F 8763 Holly Lane Sold | $615,000 | 3 | 2 | 1,072 | $574 | 0.8 mi |
G 9075 Delano Drive Active | $639,000 List Price | 3 | 2 | 1,215 | $526 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and has undergone significant recent updates including a one-year-old roof, new windows, new flooring, and a new mini-split HVAC system. While the 1956 home has been 'refreshed' with modern paint and fixtures, it retains its original compact layout and a primary bedroom with only a half-bath, which prevents it from reaching the 'excellent' tier of a full-scale modern renovation.
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 = 8276, living area = 1057.
- Recent Capital Improvements
The property features significant high-value upgrades including a one-year-old roof, new windows, and a new mini-split system, providing immediate move-in readiness and reduced maintenance costs.
- Development Potential
The expansive 8,276-square-foot lot offers exceptional versatility with dedicated space for RV parking and the potential to add an Accessory Dwelling Unit (ADU) for multi-generational living or rental income.
CONSRISKS & DEFICIENCIES
- Compact Interior Footprint
At 1,057 square feet for a three-bedroom home, the living spaces and bedrooms may feel undersized for growing families or those requiring larger common areas.
- Limited Primary Suite
The primary bedroom features only a half-bath rather than a full ensuite, which is a common limitation of 1950s architecture that may not meet the expectations of modern buyers.
About 4127 Goodman Street
Beautifully refreshed home tucked inside a quiet cul-de-sac in Riverside. Featuring fresh paint, new flooring, updated windows, new ceiling fans in all bedrooms, stylish bathroom fixtures, and a new mini split for year-round comfort. Enjoy the massive benefit of a practically new 1-year old roof!! The primary bedroom has great natural light and its own 1/2 bath. This residence is ideal for first-time buyers or those looking to simplify without sacrificing space. Enjoy walkable access to the park, nearby shopping and walking trails, and a large backyard with endless landscaping possibilities and small RV potential or ADU potential.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1956
- Lot Size
- 8,276 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 | 4.0 | 38% |
| Baths | 2.0 | 3.0 | 45% |
| Square foot | 1,057 | 1,757 | 9% |
| Lot Size | 8,276 | 7,841 | 54% |
| Price | $579.9K | $675.0K | 21% |
| Price per sq ft | $549 | $385 | 92% |
| Built year | 1956 | 1986 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 184 | 0% |
Pricing History
Listed for Sale
Feb 19, 2026
$579,900
Initial Listing
Sold
Mar 11, 2011
$135,000
Public Record