414 Iowa, Riverside, California 92507, Riverside, 92507 - 4 bed, 1 bath
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414 Iowa
Riverside, California 92507
ACTIVE
CONDITION: GOOD
4Beds
1Baths
1,048Sq Ft
6,534Lot Size
Property Price
LIST PRICE$535,000
EST. MARKET VALUE
$530,258
SUMMARY
This Single Family Residence is a Strong Value Opportunity, listed at $535,000—positioned well below the $530,258 Fair Market Value by a negligible margin, reflecting a stable, fair-market entry. Featuring a Condition Rating of 3, the home offers modern upgrades like new electrical and A/C mini-splits, though the backyard awaits landscaping. Its Spacious Corner Lot and efficient layout provide a solid foundation for value-add improvements. This property is an ideal acquisition for first-time buyers or Buy-and-Hold Investors seeking a move-in-ready asset in Riverside.
Estimated Market Value
$530,258
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 |
|---|---|---|---|---|---|---|
★ 414 Iowa Subject 4 bd · 1 ba · 1,048 sqft · $506 | $535,000* List Price | 4 | 1 | 1,048 | $506 | - |
A 475 Transit Avenue Sold 3 bd · 2 ba · 1,140 sqft · $443 · 0.4 mi | $505,000 | 3 | 2 | 1,140 | $443 | 0.4 mi |
B 245 Commercial Avenue Sold 3 bd · 1 ba · 824 sqft · $583 · 0.3 mi | $480,000 | 3 | 1 | 824 | $583 | 0.3 mi |
C 434 Highland Active 2 bd · 1 ba · 884 sqft · $543 · 0.2 mi | $480,000 List Price | 2 | 1 | 884 | $543 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1948, the property has been recently remodeled with key system upgrades including a newer roof, newer windows, updated electrical, and mini-split HVAC systems. The bathroom features modern updates, making it functional and move-in ready, though the backyard requires landscaping.
PROSSTRENGTHS & OPPORTUNITIES
- Comprehensive Modern Updates
The property features significant recent renovations including a newer roof, windows, and updated electrical systems, providing a move-in-ready experience with reduced immediate maintenance needs.
- Spacious Corner Lot
Situated on a desirable 6,534 sqft corner lot, the home offers enhanced privacy and ample outdoor space for gardening, entertaining, or potential future expansions.
- Climate Control Efficiency
The addition of modern A/C mini-split systems ensures energy-efficient year-round comfort, a critical feature for the Riverside climate that adds significant value to this 1948 build.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Limited Bathroom Ratio
With four bedrooms but only one bathroom, the home's layout may be inconvenient for larger families or guests, potentially limiting its appeal to certain buyer segments.
- Compact Living Space
The 1,048 square foot interior is relatively small for a four-bedroom configuration, resulting in smaller individual room sizes and potentially cramped common areas.
About 414 Iowa
Beautifully Remodeled Single-Story Home on a Spacious Corner Lot Welcome home to this charming four-bedroom, one-bathroom residence offering modern updates, comfortable single-story living, and a spacious yard on a desirable corner lot. Recently remodeled, this home features a newer roof, newer windows, updated electrical, and efficient A/C mini-split systems for year-round comfort. The generous yard provides plenty of space for entertaining, relaxing, gardening, or creating your own outdoor retreat. Conveniently located with easy freeway access and close to shopping, parks, schools, and Downtown Riverside, this home offers both comfort and convenience in a great California location. With its thoughtful updates, spacious lot, and excellent location, this home is a wonderful opportunity for first-time buyers, or anyone looking for a move-in-ready property in Riverside.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1948
- Lot Size
- 6,534 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 1 (1 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 |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 1.0 | 2.2 |
| Square foot | 1,048 | 1,854.896 |
| Lot Size | 6,534 | 8,680.308 |
| Price | $535.0K | $698.4K |
| Price per sq ft | $510 | $380 |
| Built year | 1948 | 1982 |
| HOA | $0 | $156 |
| Days on market | 39 | 57 |
Pricing History
Listed for Sale
Sep 15, 2026
$535,000
Initial Listing
Sold
Aug 31, 2023
$505,000
Public Record
Sold
May 5, 2023
$275,000
Public Record