
Riverbank, CA 95367
This Value-Add Residential Asset is listed at $345,000, aligning accurately with its $344,876 Fair Market Value. While the property carries a Condition Rating of 5 and requires a comprehensive functional rehab to update its 1949 infrastructure and systems, it offers substantial upside potential via a 9,583 sq ft lot. The expansive site provides ample room for an ADU or significant footprint expansion, while the Highway 108 location ensures high visibility for future resale. This project is an ideal acquisition for Fix-and-Flip Investors or Contractors ready to execute a full-scale modernization for forced appreciation.
Property is extensive renovation needed.
Built in 1949, the property shows significant age with a dated kitchen featuring painted original cabinets and laminate countertops. Systems are outdated, utilizing a wall furnace and window AC units instead of modern central HVAC. While cosmetic updates like LVP flooring have been made, the home requires a full functional rehab to address its 30-50 year old infrastructure.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9583, living area = 1411.
Priced at $345,000, this property offers an accessible entry point for first-time buyers and investors, especially given its previous higher sale price of $375,000.
The generous 9,583 sq ft lot provides significant outdoor space for gardening, entertaining, or the potential addition of an Accessory Dwelling Unit (ADU).
Built in 1949, the home likely requires updates to its core systems and interior finishes to meet contemporary standards and maximize its value.
The property's location on a main highway may result in increased ambient noise levels and higher traffic volume, potentially impacting residential privacy.
Charming 3-bedroom, 2-bath home offering 1,411 sq ft of living space on a convenient Riverbank location! Built in 1949, this property blends classic character with great potential for modern updates. The home features a functional layout with spacious living areas, generously sized bedrooms, and plenty of natural light throughout. Situated on a sizable lot, the property offers room for outdoor entertaining, gardening, or future improvements. Ideal for first-time buyers, investors, or anyone looking to add their personal touch. Conveniently located near schools, shopping, and easy access to Highway 108 for commuting. Don't miss this opportunity to make it your own!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,411 | 1,699 | 26% |
| Lot Size | 9,583 | 6,024.5 | 83% |
| Price | $345.0K | $532.8K | 9% |
| Price per sq ft | $245 | $306 | 16% |
| Built year | 1949 | 1995 | 24% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 208 | 3% |
May 4, 2026
$345,000
Initial Listing
Oct 31, 2022
$375,000
Public Record
Sep 28, 2016
$225,000
Public Record