
Riverside, California 92506
This Turnkey Single Family Residence represents a Strong Value Opportunity, listed at a List Price of $600,000—positioned well below the $610,590 Fair Market Value by 1.7%. This valuation gap offers $10,590 in Instant Equity. Featuring a Mint Condition Rating with modern renovations, the home includes a large 9,583 sqft lot with significant ADU & Expansion Potential. Located in the Riverside Unified district, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready home with long-term appreciation potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4379 Cover Subject | $600,000* List Price | 3 | 1 | 1,156 | $528 | - |
A 4190 Cover Sold | $610,000 | 3 | 2 | 1,158 | $527 | 0.1 mi |
B 4032 Elmwood Court Sold | $670,000 | 3 | 2 | 1,120 | $598 | 0.8 mi |
C 4427 Sunnyside Sold | $739,900 | 3 | 3 | 1,443 | $513 | 0.4 mi |
D 6975 Yellowstone Sold | $595,500 | 3 | 2 | 1,186 | $502 | 1.0 mi |
E 4715 Oakwood Place Sold | $594,000 | 2 | 2 | 1,258 | $472 | 0.6 mi |
F 3708 Jurupa Sold | $605,000 | 3 | 1 | 1,314 | $460 | 0.6 mi |
G 4490 Highland Sold | $540,000 | 3 | 1 | 1,108 | $487 | 0.9 mi |
H 6490 Palm Sold | $654,000 | 2 | 1 | 1,132 | $578 | 0.4 mi |
I 4542 Bandini Avenue Active Under Contract | $690,000 List Price | 3 | 2 | 1,153 | $598 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1924, the property has undergone a comprehensive modern renovation within the last 5 years. The interior features new luxury vinyl plank flooring, recessed lighting, and a fully updated kitchen with white shaker cabinets, stone countertops, and stainless steel appliances. The presence of a modern HVAC condenser and updated finishes indicates the home is in mint, move-in condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9583, living area = 1156.
The expansive 9,583 sqft lot featuring an alley entrance provides significant opportunity for an Accessory Dwelling Unit (ADU) or home expansion, maximizing future property value.
Situated in a highly desirable Riverside neighborhood, the property offers excellent proximity to the Tyler Gallery, major medical centers, and freeway access, ensuring long-term desirability.
With only one bathroom serving three bedrooms, the property may face challenges meeting the needs of modern families or larger households.
Originally built in 1924, the property's age suggests potential requirements for significant maintenance or updates to vintage systems to meet modern standards.
LOCATION, LOCATION, LOCATION! Beautifull house, 3- bedroom/ 1-bathroom, functional layout with comfortable living spaces, huge backyard with a lot of potential for an ADU or house expansion, alley entrance, this is a very desirable neighborhood, the house is minutes away from the Tyler Gallery, freeways, hospital, medical clinics, markets, etc. this house won't last long.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,156 | 1,723 |
| Lot Size | 9,583 | 8,712 |
| Price | $600.0K | $676.0K |
| Price per sq ft | $519 | $395 |
| Built year | 1924 | 1977 |
| HOA | $0 | $125 |
| Days on market | 35 | 58 |
Jun 17, 2026
$600,000
Initial Listing
Feb 14, 2022
$525,000
Public Record
Aug 27, 2021
$400,000
Public Record