4308 Lime Street, Riverside, California 92501, Riverside, 92501 - bed, bath

4308 Lime Street, Riverside, California 92501 home-pic-0

4308 Lime Street

Riverside, California 92501

ACTIVE
CONDITION: POOR
0Beds
0Baths
2,546Sq Ft
8,276Lot Size

Property Price

LIST PRICE$724,995

SUMMARY

Analysis of 4308 Lime Street, Riverside, California 92501 is currently available with a list price of $724,995. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.

Condition Analysis

OVERALL CONDITION SCORE

Poor
TeardownExcellent

Property is extensive renovation needed.

Built in 1899, this historic duplex requires substantial rehabilitation. While the exterior appears well-maintained, the interior images reveal heavily worn hardwood floors, stained and peeling walls, and very outdated fixtures in the utility room. The absence of kitchen and bathroom photos, coupled with the visible interior condition, strongly suggests these areas are also in very poor, original, or very old condition, necessitating a full renovation. The 'recent updates' (water heater, partial waterline) are essential maintenance but do not address the extensive cosmetic and functional obsolescence throughout the living spaces.

PROSSTRENGTHS & OPPORTUNITIES

  • Prime Historic Location

    Situated in Riverside's historic district, offering unbeatable walkability to the Mission Inn, downtown attractions, restaurants, shops, and cultural landmarks.

  • Income-Generating Duplex

    Configured as a duplex, providing excellent potential for rental income or flexible multi-generational living arrangements.

  • Timeless Character

    Features charming historic architecture and timeless character, appealing to buyers seeking unique properties with a rich heritage.

CONSRISKS & DEFICIENCIES

  • Historic Property Maintenance

    As a property built in 1899, it may require ongoing specialized maintenance and potential updates to systems not covered by recent repairs.

  • Price Reduction History

    Multiple price reductions from the original list price suggest potential market resistance or an initial overvaluation, which could impact perceived value.

  • Absence of Views

    The property does not offer any specific views, which might be a consideration for buyers prioritizing scenic outlooks.

About 4308 Lime Street

***Charming corner-lot duplex in Riverside’s historic district, just steps from the iconic Mission Inn and downtown attractions. This well-located property offers timeless character with recent updates including a new water heater and partial waterline replacement. Ideal for rental income or multi-generational living. Easy freeway access makes commuting a breeze, while the vibrant local scene provides unbeatable walkability to restaurants, shops, and cultural landmarks. A rare opportunity in one of Riverside’s most desirable neighborhoods!

Property Details

Public Facts

Property Type
Duplex
Year Built
1899
Lot Size
8,276 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds--
50%
Baths--
50%
Square foot2,5461,952
88%
Lot Size8,2766,969.5
88%
Price$725.0K$652.5K
75%
Price per sq ft$285$346
25%
Built year18991912
13%
HOA$0$0
50%
Days on market299213
75%

Pricing History

Listed for Sale

Nov 14, 2025

$724,995

$749,000

-3% Price Drop

Initial Listing

Price Change

Oct 24, 2025

$749,000

$749,900

+0% Price Increase

Initial Listing

Price Change

Oct 8, 2025

$749,900

$749,990

+0% Price Increase

Initial Listing

Price Change

Sep 15, 2025

$749,990

Initial Listing

Price Change

May 12, 2025

$814,995

Initial Listing

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