4377 Newby, Riverside, California 92505, Riverside, 92505 - 4 bed, 2 bath
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4377 Newby
Riverside, California 92505
ACTIVE
CONDITION: FAIR
4Beds
2Baths
1,487Sq Ft
7,405Lot Size
Property Price
LIST PRICE$688,900
EST. MARKET VALUE
$666,633
3% AboveMARKET VALUE
SUMMARY
This Single-Family Residence presents a High-Potential Investment Opportunity, listed at $698,900—positioned above the $669,854 Fair Market Value. While the property requires cosmetic updates given its Condition Rating of 4, it offers significant value-add potential through modernization. Key features include a private swimming pool, a covered patio, and a large 7,405-square-foot lot. Located near the 91 Freeway and major retail hubs, this asset is well-positioned for long-term growth. This property is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a project with immediate lifestyle benefits.
Estimated Market Value
$666,633
Based on Realkey algorithm analyzing recent comparable sales in Riverside.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4377 Newby Subject 4 bd · 2 ba · 1,487 sqft · $448 | $688,900* List Price | 4 | 2 | 1,487 | $448 | - |
A 4660 Marathon Place Sold 4 bd · 2 ba · 1,357 sqft · $424 · 0.3 mi | $575,000 | 4 | 2 | 1,357 | $424 | 0.3 mi |
B 10426 Bonneville Sold 4 bd · 2 ba · 1,481 sqft · $448 · 1.0 mi | $663,000 | 4 | 2 | 1,481 | $448 | 1.0 mi |
C 10372 Adriana Avenue Sold 3 bd · 2 ba · 1,100 sqft · $545 · 0.6 mi | $600,000 | 3 | 2 | 1,100 | $545 | 0.6 mi |
D 4040 Penrod Sold 4 bd · 2 ba · 1,445 sqft · $478 · 0.6 mi | $690,000 | 4 | 2 | 1,445 | $478 | 0.6 mi |
E 10389 Brookway Sold 3 bd · 2 ba · 1,651 sqft · $418 · 0.6 mi | $690,000 | 3 | 2 | 1,651 | $418 | 0.6 mi |
F 10852 Kloiber Street Sold 4 bd · 2 ba · 1,656 sqft · $393 · 0.6 mi | $650,500 | 4 | 2 | 1,656 | $393 | 0.6 mi |
G 11261 Wayfield Road Sold 4 bd · 2 ba · 1,699 sqft · $391 · 0.8 mi | $665,000 | 4 | 2 | 1,699 | $391 | 0.8 mi |
H 10961 Endicott Drive Active 4 bd · 2 ba · 1,619 sqft · $396 · 0.2 mi | $641,500 List Price | 4 | 2 | 1,619 | $396 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1967 with interior renovations (kitchen and flooring) that appear to be 20-30 years old. The home features dated tile countertops, worn carpeting, and older cabinetry; while functional and equipped with central HVAC, it requires cosmetic modernization and minor repairs.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1487.
- Private Outdoor Amenities
The property features a private swimming pool and a covered patio on a spacious 7,405-square-foot lot, providing an ideal setting for outdoor relaxation and entertainment in the Southern California climate.
- Prime Location and Accessibility
Conveniently situated near the 91 Freeway and major retail hubs like the Galleria at Tyler, the home offers excellent proximity to premier shopping, dining, and commuting routes.
CONSRISKS & DEFICIENCIES
- Potential for Renovation Costs
Built in 1967 and marketed as an opportunity to 'make it your own,' the property likely requires additional capital investment for modernizing finishes and systems.
- Variable School Ratings
While the home is close to several schools, many of the assigned institutions, including the nearest elementary and middle schools, currently hold lower performance ratings which may impact long-term resale value.
About 4377 Newby
Welcome to 4377 Newby Drive in Riverside! This single-story home offers 4 bedrooms, 2 bathrooms, and approximately 1,487 square feet of living space on a 7,405-square-foot lot. Enjoy the convenience of a private swimming pool, covered patio, cozy fireplace, central heating and air conditioning, and an attached garage. The backyard provides a great setting for relaxing and entertaining while enjoying Southern California living. Conveniently located near shopping, dining, and entertainment, including Galleria at Tyler, featuring a variety of shops, restaurants, and AMC Theatres. Nearby dining options include Anchos Southwest Grill & Bar, Mamma Mia Italian Restaurant, and a variety of local eateries. Enjoy family fun at Castle Park, outdoor recreation, and easy access to the 91 Freeway for commuting throughout Riverside and the Inland Empire. This property offers an opportunity to make it your own while enjoying a convenient location and the appeal of a private pool. Don't miss the opportunity to see all this home has to offer!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1967
- Lot Size
- 7,405 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Riverside Unified Schools
Collett Elementary School
Grades PK-5 • 0.1 mi
4/10
Myra Linn Elementary School
Grades K-5 • 0.5 mi
4/10
S. Christa Mcauliffe Elementary School
Grades K-5 • 0.7 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,487 | 1,854.896 |
| Lot Size | 7,405 | 8,680.308 |
| Price | $688.9K | $698.4K |
| Price per sq ft | $463 | $380 |
| Built year | 1967 | 1982 |
| HOA | $0 | $156 |
| Days on market | 15 | 57 |
Pricing History
Listed for Sale
Oct 20, 2026
$688,900
$698,900
-1% Price Drop
Initial Listing
Price Change
Oct 9, 2026
$698,900
Initial Listing