4329 Central, Riverside, California 92506, Riverside, 92506 - 2 bed, 1 bath
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Riverside, California 92506
This Spanish-style historic residence represents a Strong Value Opportunity, listed at a List Price of $450,000—positioned well below the $494,530 Fair Market Value by 9%. This valuation gap provides $44,530 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home offers move-in ready interiors, a detached two-car garage, and rare RV access. Located in the Palm Heights Historic District, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking historic character with modern functionality.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4329 Central Subject | $450,000* List Price | 2 | 1 | 1,244 | $394 | - |
A 5680 Osburn Sold | $515,000 | 2 | 1 | 1,224 | $421 | 1.0 mi |
B 6034 Elenor Sold | $580,000 | 2 | 2 | 1,528 | $380 | 0.7 mi |
C 3719 Jurupa Avenue Sold | $540,000 | 3 | 2 | 1,332 | $405 | 0.7 mi |
D 6620 Mount Diablo Sold | $512,000 | 3 | 2 | 1,186 | $432 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1934, the property is described as move-in ready with modern updates, including stainless steel appliances, hardwood floors, and a freshly painted interior. The combination of historic character and recent functional improvements suggests a well-maintained home within the 5-15 year renovation window.
Located in the prestigious Palm Heights Historic District, this 1934 Spanish-style home features timeless character including vaulted ceilings with exposed beams and original hardwood floors.
The property boasts a generous 6,970 sqft lot with a detached two-car garage and rare RV access, providing significant utility for vehicle storage and outdoor living.
The home blends historic charm with modern convenience, featuring a freshly painted interior, stainless steel appliances, and a functional walk-in pantry.
With only one bathroom serving the entire 1,244 sqft residence, the layout may pose a challenge for families or guests and could impact long-term resale value.
Being a 90-year-old home in a historic district, the property may require specialized maintenance and must adhere to specific preservation guidelines for exterior renovations.
2 bed/1 bath single family residence sold as-is. Property needs work. Good opportunity for an experienced buyer
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,244 | 1,723 |
| Lot Size | 6,970 | 8,712 |
| Price | $450.0K | $676.0K |
| Price per sq ft | $362 | $395 |
| Built year | 1934 | 1977 |
| HOA | $0 | $125 |
| Days on market | 51 | 58 |
Jun 1, 2026
$450,000
Initial Listing
May 8, 2025
$570,000
Public Record
May 11, 1999
$168,000
Public Record