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

4308 Lime Street
Riverside, California 92501
Property Price
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
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appears well-maintained, the interior images reveal heavily worn hardwood floors, stained and peeling walls, and very outdated fixtures in the utility room.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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,546 | 1,952 | 88% |
| Lot Size | 8,276 | 6,969.5 | 88% |
| Price | $725.0K | $652.5K | 75% |
| Price per sq ft | $285 | $346 | 25% |
| Built year | 1899 | 1912 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 299 | 213 | 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













