
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 | $398 | - |
A 6034 Elenor Sold | $580,000 | 2 | 2 | 1,528 | $380 | 0.7 mi |
B 3719 Jurupa Avenue Sold | $540,000 | 3 | 2 | 1,332 | $405 | 0.7 mi |
C 6620 Mount Diablo Sold | $512,000 | 3 | 2 | 1,186 | $432 | 0.7 mi |
D 5680 Osburn Active Under Contract | $499,000 List Price | 2 | 1 | 1,224 | $408 | 1.0 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.
This charming two-bedroom, one-bath Spanish-style home blends timeless character with modern updates in the highly sought-after Palm Heights Historic District. Featuring hardwood floors throughout and a freshly painted interior, the home is move-in ready while still showcasing its classic appeal. The spacious family room boasts vaulted ceilings, exposed beams, and a cozy fireplace, creating a warm and inviting atmosphere perfect for relaxing or entertaining. A formal dining room with elegant French doors opens to the backyard, offering seamless indoor-outdoor living. The kitchen is equipped with stainless steel appliances and a convenient walk-in pantry, ideal for both everyday living and hosting. Additional highlights include a detached two-car garage, RV access for extra parking, and generously sized front and back yards with plenty of room to enjoy outdoor living. Ideally located close to the freeway, this home combines historic charm, thoughtful upgrades, and a prime location—making it a rare opportunity you won’t want to miss.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 13% |
| Baths | 1.0 | 2.0 | 10% |
| Square foot | 1,244 | 1,873 | 14% |
| Lot Size | 6,970 | 9,583 | 15% |
| Price | $450.0K | $726.3K | 2% |
| Price per sq ft | $362 | $392 | 32% |
| Built year | 1934 | 1965 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 134 | 3% |
Jun 1, 2026
$450,000
Initial Listing
May 8, 2025
$570,000
Public Record
May 11, 1999
$168,000
Public Record